Middle East Economic Survey
Mubadala GE Capital Deploys $2Bn In Its First Year
Mubadala GE Capital has provided $2bn in financing commitments to a variety of businesses in its first year of operation, the company announced on 13 December. The two 50:50 shareholders, Abu Dhabis Mubadala Development Company and the US General Electric, have pledged to deploy a total of $8bn of equity as feed capital over the next five years. Ultimately, the joint venture company...