22 Jun 2013
(MENAFN) Mubadala Development Co stated that it plans on setting up a USD2 billion fund to invest in projects in Russia in partnership with the Russian Direct Investment Fund (RDIF), reported Arabian Business.
Abu Dhabi-based Mubadala also said that the two sides will contribute USD1 billion each to the fund which will be aimed at investing in different industry sectors.
It is worth noting that Russian Direct Investment Fund has worked with Middle East investors during 2012 on building the USD175 million power generator Enel OGK-5 in Russia. This was one of the few investments from the ME region in Russia, although some commitments have been made over the past year.
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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