ABU DHABI: Abu Dhabi state investor Mubadala Investment Co said on Monday its assets under management rose 80pc in 2018 from a year earlier, as it continues to invest across sectors globally.
The results are the first since Abu Dhabi Investment Council, an investment arm of the Abu Dhabi government, joined Mubadala last year.
Mubadala's assets under management totalled 841 billion dirhams ($229 billion) in 2018 compared to 469 billion dirhams in 2017, it said in a statement.
Total comprehensive income was 12.5 billion dirhams in 2018, down 21.3% from 10.3 billion dirhams in 2017, it said.
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