Browse related articlesMubadala eyes more investment in UAE
United Arab Emirates: Thursday, May 01 - 2008 at 08:07
Mubadala Development, the Abu Dhabi government's investment arm, is seeking to diversify its portfolio among international and local investment, reported Gulf News. The company, which recently announced a $5bn development within a joint venture with Singapore-based CapitaLand and sold its stake in the Nigerian mobile telecommunication market to Etisalat, is spreading its investment risks in the UAE and overseas. With regard to UAE projects, the company is focusing utilities and infrastructure, especially water and energy projects, in the context of an increasing partnership with the private sector.
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Jeff Florian, Senior ReporterThursday, May 01 - 2008 at 08:07 UAE local time (GMT+4)
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