Takieddine and Gulf Regal to share takings from business with Total

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On September 12th 2008, just eight days after a trip by President Nicolas Sarkozy to Syria, Ziad Takieddine received a proposition from Hani M. Salaam, chairman and CEO of Lebanon-based company Gulf Regal Corporation proposing that “joint activities with Total, whether done by either of us directly, or through companies that we individually own or control, shall be divided equally on a 50/50 basis between us."

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