15.09.2011 - Mubadala sets a model for Middle East wealth funds
Spending state oil revenues on prestige stakes in western brands no longer fits so well with the political climate in the Middle East. Mubadala has an alternative model for what Gulf governments can do with spare cash. If you want its investment money, you’d better bring something else to Abu Dhabi as well. Like Abu Dhabi, Mubadala is taking stock after an initial growth spurt: seeing where it might go from here, weighing up its successes and failures..............................................Full Article: Source
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