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Abu Dhabi’s Mubadala fund loses $1.19 bln in first half of 2016
Abu Dhabi’s state-run Mubadala Development Co. wealth fund has announced it lost $1.19 billion in the first half of 2016. In results released on Thursday, it blamed lower commodity prices, decreased gains in financial investments and other woes for the loss. That compares to a net gain of $169 million…
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