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UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary
Abu Dhabi’s state-owned Mubadala Investment Company has agreed to pay $271 million for a 44 percent stake in an oil subsidiary of Russian gas giant Gazprom. The move underpins a strengthening alliance between Moscow and Opec’s Middle East countries, which joined forces to agree a supply-cut deal 18 months ago…
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Click here to read the full story: Arab news