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HFZA and Saipem sign investment partnership

HFZA has entered into an investment partnership with Italian oil and gas services company, Saipem. Under the terms of agreement, Saipem will invest in 59,338 sq m of land as part of their long-term strategy to further increase its operations in MENA. The agreement was signed by Saud Salim Al Mazrouei, Director of HFZA and Andrea Marco Palmieri, Branch Manager of Saipem.