Financial Results
Sovereign wealth
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Mubadala reports profit hike post IPIC merger
Abu Dhabi’s state sovereign wealth fund Mubadala Investment Company has reported a net profit of AED4.2 billion ($1.14 billion) for the first half of 2017. This compares with a net loss of AED4.7 billion in the first half of 2016, which the company attributed at the time to a fall…
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