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Abu Dhabi fund Mubadala's H1 profit up 10.4pc on investment gains

Mubadala, the Abu Dhabi investment fund with a mandate to develop the emirate's local economy, on Thursday posted a 10.4 percent rise in first-half profit boosted mainly by income from financial investments. Mubadala, which has stakes in General Electric and private equity firm Carlyle, said profit attributable to equity owners…

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