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FINANCIAL NEWS
UAE’s Mubadala growth exceeds expectations in 2013
18 Apr 2014
(MENAFN) Mubadala Development Company, Mubadala, the Abu Dhabi-based investment and development company, reported a higher than expected growth for 2013, with growth in U.A.E.-based sectors including aerospace, aluminium manufacturing and renewable energy, according to the Emirates 24/7.
Mubadala Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said, “2013 was a strong year of financial returns and major project delivery for Mubadala. Growth of our diversified global financial portfolio was complemented by significant accomplishments in the Emirate, including the creation of a new global industrial champion in Emirates Global Aluminium and progress across other industry sectors.”
Al Mubarak added: “We also increased our international investments and formed new partnerships that will drive growth in our global platforms and increase our presence in key markets.”
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