| 16.04.2012 - Mubadala sees investment cuts after $1.1bln loss |
| Mubadala, the Abu Dhabi government’s investment vehicle, expects its investment outlay in 2012 to be slightly lower than last year’s after saying its overall annual loss surged due to volatile global markets. The state-owned fund, which has stakes in General Electric and private equity firm Carlyle, made an overall loss of 4.2bn dirhams ($1.14bn) in 2011, compared with a loss of Dh338mn in 2010, it said in a statement...............................................Full Article: Source |