Monday 25 May 2015
 
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Mubadala

Mubadala's Thai field to start production in June

Abu-Dhabi's Mubadala Petroleum said its 10,000 barrels-per-day (bpd) Nong Yao oil field in Thailand will start production in June, bringing its total oil output in the country close to 40,000 bpd, up 33 per cent from current levels.

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Tabreed mulls $272m bond buyback

National Central Cooling Company (Tabreed) will ask shareholders for approval to buy back 28 per cent of the bonds held by its largest shareholder Mubadala, the Abu Dhabi-based utility said on Wednesday. Tabreed, which has about 6

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Tabreed mulls $272m bond buyback

National Central Cooling Company (Tabreed) will ask shareholders for approval to buy back 28 per cent of the bonds held by its largest shareholder Mubadala, the Abu Dhabi-based utility said on Wednesday. Tabreed, which has about 6

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Mubadala to launch luxury residential units

Mubadala, an Abu Dhabi state-owned fund, is set to launch a new urban living experience in the heart of the UAE capital with residential sales at Rosewood Abu Dhabi and Four Seasons Hotel Abu Dhabi planned for the second half of 2015.

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Mubadala 2014 profit plunges 28pc

Mubadala, an Abu Dhabi state-owned fund, today said its 2014 net profit dropped 28.7 per cent due to lower income from financial investments and impairments on oil and gas assets. The fund said in a statement it made a net profit

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Yahsat unveils new training programme for Emiratis

Yahsat, a UAE-based satellite operator - a wholly owned company of the Mubadala Development Company, has unveiled a new training programme as part of its partnership with Orbital ATK Corporation, the manufacturers of Yahsat’s third satelli

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Mubadala Petroleum to explore Morocco offshore area

Abu Dhabi's Mubadala Petroleum said that it had agreed with the Moroccan government to evaluate the hydrocarbon potential of a large area off Morocco's Mediterranean coast. The company, a subsidiary of Abu Dhabi

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Mubadala sponsors school outreach plan

Mubadala Development Company has been announced as the official platinum sponsor of a school outreach programme organised by the Abu Dhabi Technology Development Committee (TDC). The partnership underlines both entities’ com

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Mubadala GE plans benchmark-size bond as soon as April

Mubadala GE Capital is considering a return to the bond market as early as April as it seeks cash to fuel its lending business, sources aware of the matter said on Thursday, joining a growing number of Gulf-based borrowers looking at new fundrai

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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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