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Islamic Finance Briefing - Categorized | Finance, Performance more

Mubadala posts H1 loss of $1.23 bln

Posted on 24 September 2010

From Tradearabia.com: Abu Dhabi government-owned investment fund Mubadala posted a first-half loss of Dh4.5 billion ($1.23 billion) due to a fall in the value of its investments and said it would triple its capital base.
The investment fund, which has stakes in Advanced Micro Devices Inc and Ferrari, said the results reflected an unrealised loss of Dh4.4 billion on its investments in local and global markets……………………………………….Full Article: Source

 
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