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Sovereign Wealth Funds Briefing - Categorized | Performance

Mubadala H1 revenues leap 70pct

Posted on 28 September 2011

Mubadala Development Company’s revenues soared 70 per cent in the first six months of the year to Dh13.6 billion, up against Dh8 billion in the same period a year ago, on the back of revenues from the consolidation of its global semiconductor business.
The strong performance of the oil and gas businesses and the consolidation of Tabreed also contributed to the growth in revenue. The Abu Dhabi-based company expects that volatility in the market will continue in second half, resulting in both challenges and opportunities for its portfolio……………………………………….Full Article: Source


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