Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Mubadala lists dollar, dirham bonds

Mubadala led this round of funding through its affiliate Alpha Investment Company. (WAM)
  • The listings on ADX included Mubadala’s highly oversubscribed debut Green Bond and Mubadala’s inaugural dirham-denominated bond.
  • The listing of Mubadala’s green bond marks the seventh listing of a green debt instrument on ADX.

Abu Dhabi, UAE — Mubadala Investment Company, through its issuing entity Mamoura Diversified Global Holding (MDGH), announced the listing of its dollar- and dirham-denominated bonds totaling $4.5 billion and AED 750 million respectively at the Abu Dhabi Securities Exchange (ADX).

The listings on ADX included Mubadala’s highly oversubscribed debut Green Bond and Mubadala’s inaugural dirham-denominated bond, the first such dirham bond by a corporate in the United Arab Emirates. The listing of Mubadala’s green bond marks the seventh listing of a green debt instrument on ADX.

With interest from both local and international investors, the listing of Mubadala’s bonds on the ADX helps contribute to the growth of ADX’s bond market, diversifying financing resources and providing safe investment alternatives for investors, Mubadala said.

Abdulla Salem Al Nuaimi, Chief Executive Officer of ADX, said, “The strong interest in this listing demonstrates the confidence that investors have in the UAE’s thriving capital markets. At ADX, we are committed to providing a robust and dynamic platform for companies like Mubadala to achieve their capital raising and investment objectives.”

Carlos Obeid, Chief Financial Officer of Mubadala Investment Company, said, “This remarkable achievement strongly aligns with the Government’s strategic economic vision and objective of diversifying the economy of Abu Dhabi and making it globally integrated. It also underscores the resilience and dynamism of Abu Dhabi’s ever-evolving Capital Markets.