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FINANCIAL NEWS
Mubadala needs assets partners in the Brazilian tycoon Eike Batista
15 Aug 2013
(MENAFN) The Abu Dhabi sovereign wealth fund, Mubadala Development Company, is interested in partners to buy assets in a Brazilian energy and logistics conglomerate group, Eike Batista, according to Gulf Daily News.
Mubadala can pay USD1 billion to own stakes in OGX, MMX and LLX Logistica SA’s Porto.
Mubadala commented: “The agreement we signed in July with EBX gives Mubadala improved protection for the remaining portion of its investment against certain assets.”
“Many EBX assets have significant potential value for Mubadala and other investors,” Mubadala added.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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