Market Overview

Mubadala H1 Profit Rises 10.4%


Abu Dhabi's investment fund Mubadala reported a 10.4% surge in its first-half profit.

Mubadala's profit for the period rose to 1.1 billion dirhams ($299.5 million), from 984.7 million dirhams, in the year-ago period.

Its operating income tumbled to 614 million dirhams from 2.3 billion dirhams, while revenue fell to 14.8 billion dirhams from 16.1 billion dirhams.

Posted-In: investment fundEarnings News


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