Mubadala Develoment Company H1 profit rises 23 per cent | The National:
"Mubadala Development Company, the Abu-Dhabi owned investment group, has reported a strong performance in its operational businesses in the first half of 2014, with operating income up to Dh2.3bn compared to Dh721m last year.
Emirates Global Aluminium, the company jointly owned with the government of Dubai, made a big contribution to the result, as did the aerospace and energy businesses, the company said in its statement for the six months to June 30.
Profit for the period attributable to the owner of the group rose from Dh1.09bn to $1.34bn, an increase of 23 per cent."
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