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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Mubadala will spend Dh20.1bln to expand portfolio

Posted on 10 May 2012

Mubadala, the Abu Dhabi government’s investment vehicle, expects to spend about Dh20.1 billion ($5.47 billion) this year as its seeks to expand a diverse line of businesses ranging from oil and gas to semiconductors.
“The group currently anticipates that its capital and investment expenditure for 2012 is likely to be substantially in line with the Dh20.1 billion annual average for the past three years,” it said in a update of its bond programme………………………………………..Full Article: Source


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