Mubadala Development Company, the Abu Dhabi Government's investment arm, said yesterday its assets in the three years since the end of 2006 have grown from just under Dh18 billion to more than Dh88.5 billion.
"We currently have nine business units operating in diverse sectors and geographical territories," Waleed Ahmad Al Mokarrab Al Muhairi, Mubadala's chief operating officer, wrote in the company's annual report for 2009.
Mubadala said its total income for the financial year ended December 2009 was Dh8.6 billion, while revenue rose to Dh13.1 billion.
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