Abu Dhabi – Mubasher: Mubadala Investment Company's board approved on Tuesday, 11 April, the issue of new debt bonds amounting to $1.5 billion (AED 5.51 billion) by Mubadala Development, according to a statement.
The board also approved the budget and work plan for 2017.
The company reported profits of AED 3.3 billion in 2016, up 175% from AED 1.2 billion in 2015.