Middle East Economic Survey

VOL. LII

No 49

7-Dec-2009

UAE

Mubadala Finalizes Zayed University Funding

Abu Dhabis state-owned Mubadala Development Company has closed an oversubscribed $1bn non-recourse financing of the Zayed University public-private partnership (PPP) project, its fourth PPP-style infrastructure financing. The project will include the construction and operation of a 6,000-student greenfield university campus over 75 hectares in the emirates New Capital District. The financing, which...