Tuesday 20 October 2009

UAE's Mubadala eyes Asia investments

Abu Dhabi investment fund Mubadala is looking at investment possibilities in Asia, including China, India and Vietnam, a director of the fund told Reuters on Monday.

"We have a balanced portfolio, we look at opportunities in the UAE (United Arab Emirates) and outside," Nasser Ahmed Alsowaibi told Reuters on the sidelines of an investment forum.

"China is on the agenda of course. I would say India, Malaysia, Indonesia, even Vietnam."

Alsowaibi declined to be more specific on industry sectors or companies.

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