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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Mubadala launches aerospace finance firm

Posted on 04 February 2010

From Alwatan.com.kw: A unit of Abu Dhabi governmentـowned Mubadala Development Company has launched a new company to provide component and engine financing to the aerospace sector, it said on Wednesday.
The new venture, Sanad Aero Solutions, has already signed a 100 million US dollar deal with Germany’’s Air Berlin for 12 spare engines, and for engine maintenance work for the carrier, Mubadala Aerospace said in a statement……………………………………Full Article: Source


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