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Email this article: Dow awarded US$2.16 billion from Kuwait over aborted 2008 deal
Posted: Thu May 24, 2012 8:30 pm
KUWAIT. Kuwait's Petrochemical Industries Co., under pressure from lawmakers, canceled a contract to form a 50-50 venture with Dow's plastics unit in December 2008.
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UAE. "Prospects for economic growth in the Gulf region remain healthy for the next few years. We expect most Gulf banks to continue to benefit from robust corporate activity and consumer consumption over the next 18-24 months."
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