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Sovereign Wealth Funds Briefing - Categorized | Performance

Mubadala income doubles to $571mln

Posted on 27 September 2013

Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, today reported a total comprehensive income of Dh2.1 billion ($571 million) for the first half of this year.
The figure, which is almost double of Dh1.1 billion achieved in H1 2012, was driven by improvements in the fair value of many of the group’s financial investments and other assets, the company said………………………………………..Full Article: Source


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