The concession is worth $1.3 billion
Has won the contract to supply high performance coatings worth more than Dh1 million to protect the new Dubai Flower Centre (DFC) at Dubai International Airport.
Philip Mathew, general manager, Al Gurg Leigh's Paints, said: “Leigh's paint was used to protect DFC's steel structure measuring approximately 75,000 square metres. Consultants selected Leigh's Fast Track, Epigrip Epoxy range to ensure maintenance free corrosion protection and fire proofing compatibility. Its quick drying time and ease of application mean that the project was completed in just over three months. The use of Epigrip Epoxy coatings also means the structure won't need re-application for another ten years." DFC is due to open in December 2005 and has been designed as a fast-moving trans-shipment hub for flowers and perishables.
The concession is worth $1.3 billion
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The CBUAE explained that banks' capital and reserves do not include subordinated borrowings/deposits, but do include the current year's profits