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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Mubadala purchases commercial plot on Sowwah Island

Posted on 13 July 2009

Mubadala Development Company (Mubadala) and Al Hilal Bank (Al Hilal) today announced that Al Hilal has purchased a commercial plot on Sowwah Island, the core of Abu Dhabi’s new Central Business District (CBD).

Recently classified as one of the Emirate’s newest investment zones, the Island is being master planned and developed by Mubadala Real Estate & Hospitality as part of the Urban Planning Council’s Plan Abu Dhabi 2030………Full Press Release: Source


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