Browse related articlesMubadala to raise portfolio
United Arab Emirates: Wednesday, February 20 - 2008 at 06:55
Mubadala Development Company, the investment vehicle of the Abu Dhabi government, is planning further acquisitions in aerospace, energy and real estate firms, reported Reuters. Mubadala chief operating officer Waleed Al Muhairi said the fund was not planning further buys in financial institutions, but could slightly raise its 7.5% stake in the Carlyle Group. Mubadala has diversified stakes in energy, telecommunication, aerospace, automotives, healthcare, real estate and ship building sectors.
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Jeff Florian, Senior ReporterWednesday, February 20 - 2008 at 06:55 UAE local time (GMT+4)
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