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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Mubadala income surges to Dh1.4bln

Posted on 12 April 2013

Mubadala Development Company’s total comprehensive income posted a strong surge to Dh1.4 billion from a negative Dh4.2 billion in 2011, on the back of bumper gains from chip-making, hydrocarbon, aerospace and satellite businesses.
The rise in the Abu Dhabi-based investment and development company’s comprehensive income is a result of a 12 per cent year-on-year surge in revenues, which rose to Dh31.3 billion compared to Dh 27.9 billion in 2011…………………………………..Full Article: Source


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