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Mubadala posts net loss of $86 millionMubadala Development Company, the Abu Dhabi state investment company, reported a net loss of Dh315 million ($85.8 million) in 2010 due to mark to market writedowns, it said on Thursday. The company said in a statement that strong operation More… |
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Mubadala finalises $2.5bn credit facilityAbu Dhabi government-owned Mubadala Development Company has finalised a three-year, $2.5 billion revolving credit facility with a group of international banks, its chief financial officer said on Sunday. 'It is a matter of days for the More… |
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Mubadala H1 revenues double to $1.6bnAbu Dhabi-based Mubadala Development Company's revenue for the first half of the year doubled to Dh5.9 billion ($1.6 billion), compared to Dh2.9 billion ($789 million) for the same period last year. Total comprehensive income for H1 ro More… |
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Abu Dhabi firm, AMD set up new technology companyThe Advanced Technology Investment Company (ATIC) of Abu Dhabi is investing $2.1 billion in a new company formed by the California-based Advanced Micro Devices (AMD) and ATIC. AMD will own 44.4 percent and ATIC 55.6 percent More… |
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Singapore’s CapitaLand in UAE ventureThe UAE’s Mubadala Development Company (Mubadala) and Singapore’s CapitaLand have signed a joint venture agreement to set up an integrated real estate development company. The announcement of the new JV follows closely the launch of the A More… |
