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Dubai-based investors to set up biofuel plant

finanznachrichten.de
31-Aug-2008
        
Story Timeline:  93 days

DUBAI, Aug 31 (Reuters) - Dubai-based asset manager Daman Investments will take a majority stake in a venture to build the emirates' first plant to produce biodiesel from inedible oils, Daman Chief Executive Shehab Gargash said on Sunday. Rapidly-growing Dubai is facing a surge in oil demand as one of the cities benefitting from an petrodollar-fuelled economic boom in the Gulf. It is the trade and tourism hub... [read full story]                    

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Latest article on this story:

UAE's Alf Yad Taking Majority Stake in EmBio

 menafn.com 01-Sep-2008
First article on this story:

UPDATE:Daman Invest To Launch EmBio,1st Gulf Biofuels Producer

 zawya.com 31-Aug-2008
Selected publications with coverage of this story:
alternative-energy-news.info zawya.com menafn.com ameinfo.com gulfnews.com finanznachrichten.de
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UAE ventures in biodiesel

ameinfo.com
01-Sep-2008
        

Dubai-based venture capital fund, Alf Yad Limited LLC has invested in EmBio, a capital venture investment positioned to be the producer of the first constant supply of high-grade biodiesel in the UAE and the GCC region....

Daman To Launch EmBio,1st Gulf Biofuels Producer

zawya.com
01-Sep-2008
        

DUBAI (Zawya Dow Jones)--Daman Investments, a Dubai-based asset management firm, Sunday said it launched Emirates Biodiesel LLC, or EmBio, the first biofuel producer in the Arab Gulf. Daman will channel the investment...

UPDATE:Daman Invest To Launch EmBio,1st Gulf Biofuels Producer

zawya.com
31-Aug-2008
        

DUBAI (Zawya Dow Jones)--Daman Investments, a Dubai-based asset management firm, Sunday said it launched Emirates Biodiesel LLC, or EmBio, the first biofuel producer in the Arab Gulf. Daman will channel the investment...