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Mubadala to Make Carbon-Composite Parts for Boeing

Mubadala to Make Carbon-Composite Parts for Boeing

Abu Dhabi fund Mubadala's Aerospace division unveiled a contract to build carbon-composite structures for Boeing, boosting United Arab Emirates efforts to become a key manufacturer for the aerospace industry.

April 17, 2012 9:30
 
UAE’s Emal sales to US to more than double in 2012

UAE’s Emal sales to US to more than double in 2012

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), is looking to double its exports to the United States by the end of 2012 as demand from the automotive industry rises, it said on Wednesday.

March 21, 2012 2:06
 
Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.

March 12, 2012 1:40
 
Abu Dhabi’s Etihad to get $169M lease finance

Abu Dhabi’s Etihad to get $169M lease finance

Abu Dhabi's Etihad Airways will receive up to $169 million in financing from state investment fund Mubadala and National Bank of Abu Dhabi to help the airline to lease spare engine parts.

February 1, 2012 1:28
 
UAE Tabreed’s Q4 net profit more than doubles

UAE Tabreed’s Q4 net profit more than doubles

UAE utility firm Tabreed is bullish on growth this year with its projects fully funded, its CEO said on Wednesday, after posting fourth-quarter results which more than doubled from the previous year.

February 1, 2012 12:57
 
Aldar bonds hit by report govt held stake sale talks

Aldar bonds hit by report govt held stake sale talks

Yields on Abu Dhabi property developer Aldar's 2014 bond rose over 30 basis points on Tuesday, a day after Reuters reported the emirate held talks to offload the government's stake in the struggling firm.

January 31, 2012 3:08
 
Abu Dhabi tried to get Aldar off Mubadala books

Abu Dhabi tried to get Aldar off Mubadala books

Mubadala helped with bailout of struggling developer in 2011; Sources says talks held to shift Aldar to another entity; Aldar received nearly $10 billion in financial aid last year

January 31, 2012 2:56
 

UAE’s Aldar at record low on delist talk

Abu Dhabi's Aldar Properties slumped to a record low on Tuesday, on talk that a major government stakeholder could delist the developer, and Egyptian stocks fell as continued clashes between police and protesters unnerved investors.

December 21, 2011 8:47
 

UAE’s Emal to invest in $3.8B in production boost

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), plans to invest $3.8 billion for its phase two development as it ramps up production to become the single largest greenfield smelter in the world, its chief executive said.

December 12, 2011 1:08
 

Abu Dhabi fund Mubadala swings to H1 profit

Abu Dhabi fund Mubadala Development Co swung to a first-half profit on Tuesday which it attributed to higher commodity prices and increased contributions from its semiconductor business.

September 28, 2011 11:11
 

UAE’s Tabreed fully repays $200M Islamic bond

Cooling firm Tabreed, which received funding earlier this year from state-owned Mubadala to restructure debt, said it fully repaid a $200 million Islamic bond or sukuk maturing on Wednesday.

July 20, 2011 10:40
 

Abu Dhabi’s Mubadala holding in Tabreed climbs to 26 per cent

Mubadala stake in Tabreed increased to 26 per cent from 16.79 per cent, following Tabreed securing $844.2 million funding from Mubadala to help with its debt.

May 22, 2011 11:18
 
Abu Dhabi to crack down on state firms’ bond binge

Abu Dhabi to crack down on state firms’ bond binge

Reuters exclusive: Abu Dhabi debt office to take central role in issuances and may issue bond late 2011 or early 2012. Review of investment will affect big names like Mubadala and TDIC.

May 19, 2011 1:47
 
Mubadala Round Up

Mubadala Round Up

Mubadala round up: a dramatic 76 percent drop in profits reported for 2010, a new deal signed with Boeing, Mubadala Road Show to start up soon and a potential offer to buy a stake in Dubal

March 29, 2011 4:47
 

Mubadala swings to 2010 loss, eyes U.S. tech buys

Investment writedowns hit bottom line; Eyes investments in U.S. tech sector through ATIC; Has invested over $1 billion in GE, plans stake in Dubal.

March 24, 2011 4:11
 
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