Friday 6 March 2015
 
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Mubadala

Mubadala GE net profit dips 3.9pc on fee income

Mubadala GE Capital, a joint venture between the Abu Dhabi state-owned fund and General Electric, has reported a 3.9 per cent drop in 2014 net profit as higher proceeds from the sale of financial assets could not offset a slump in fee income.

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Mubadala unit inks $120m aerostructure deal

Strata Manufacturing, a composite aerostructures manufacturing facility which is wholly-owned by UAE-based Mubadala Development Company, has signed its first international outsourcing agreement that will subcontract its ATR vertical fin and rudd

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ADGM signs 50-year lease for HQ with Mubadala

Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital, has signed a 50-year lease with Mubadala Development, to establish its headquarters at the financial building at Al Maryah Island in Abu Dhabi.

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Yahsat on track for deployment of payload satellite

Yahsat, a UAE-based satellite operator, a wholly owned company of the Mubadala Development and US-based Orbital Sciences, has completed the preliminary design review (PDR) for the Al Yah 3 spacecraft and payload. Al Yah 3, which i

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Adec, Mubadala launch educational programmes

Abu Dhabi Education Council (Adec) and Mubadala Development Company, the Abu Dhabi investment and development company, have launched the Abu Dhabi Sustainability Week in Schools (ADSWS), an emirate-wide educational programme. The

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Mubadala completes Four Seasons topping work

Mubadala, a leading investment and development company based in Abu Dhabi, UAE, and Four Seasons Hotel and Resorts, said the structural work of its upcoming property has been completed and was on track for 2016 opening on Al Maryah Island.

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Abu Dhabi Four Seasons on track for 2016 opening

Mubadala, a leading investment and development company based in Abu Dhabi, UAE, and Four Seasons Hotel and Resorts, said the structural work on its upcoming property has been completed and was on track for 2016 opening on Al Maryah Island.

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Mubadala unit plans third satellite project in 2015

A unit of Abu Dhabi state investment fund Mubadala aims to raise financing for its third satellite project in 2015, three sources familiar with the matter told Reuters. Al Yah Satellite Communications Company (Yahsat) will raise a

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UAE forms new defence manufacturing giant

The UAE on Tuesday announced the merger of a number of state-controlled defence companies to create an integrated services and manufacturing business called Emirates Defence Industries Company (EDIC). The new entity will bring tog

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Mubadala’s Thai oilfield starts production

Mubadala Petroleum, a unit of Abu Dhabi state investment fund Mubadala, said it has started production at a second oilfield in Thailand, which it operates with partners.   Output is expected to reach

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