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Sovereign Wealth Funds Briefing - Categorized | Performance

Abu Dhabi’s Mubadala loses $1.2bln in first half

Posted on 24 September 2010

From Forbes: The Abu Dhabi state investment company with stakes in General Electric and chip maker Advanced Micro Devices says it lost $1.2 billion in the first half of 2010 as the value of its investments plunged.
Mubadala Development Company reported on Thursday the 4.5 billion dirham total comprehensive loss, using an accounting method that takes into account unrealized changes in investments……………………………………….Full Article: Source


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