| 09.06.2009 - Abu Dhabi state fund moves deeper into mortgages |
| From Forbes: An investment fund run by the Abu Dhabi government is looking to boost its stake in a mortgage lender created to protect the emirate's booming property market from the global economic crisis. Ali Eid al-Mehairi, chairman of the mortgage provider Abu Dhabi Finance, said in an e-mail Monday that the state-run fund Mubadala Development is seeking to increase its stake to 52 percent. Al-Mehairi is also development director of Mubadala........Full Article: Source |