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March 20, 2006

Dubai Int'l, HSBC Set Up $500M Infrastructure Fund

LONDON (Dow Jones)--Dubai International Capital and HSBC Bank Monday said they are creating a $500 million fund to invest in infrastructure across the Middle East and North Africa. The fund aims to tap growing demand for investments in utilities, energy, transport, and public-private partnerships.

Dubai International is the international investment unit of the Dubai government's business operations...

Full Story...

Posted by rjorr at March 20, 2006 2:39 PM