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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance, Research

Robust portfolio returns drive up Mubadala income

Posted on 28 September 2011

The Abu Dhabi government-owned Mubadala Development Company, which makes strategic investments on behalf of the government, said yesterday its total comprehensive income during the first half of this financial year attributable to the equity holder of the company was Dh198 million compared with a loss of Dh4.4 billion for the same period last year.
“This increase was driven by the improved performance of assets such as EMAL and Dolphin and a better result from Mubadala’s financial investment portfolio,” Mubadala said in a statement……………………………………….Full Article: Source


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