The Abu Dhabi Government Mubadala has increased in total investment income by 36%, an unprecedented high level last year, as well as growth in its portfolio and the performance of funds, as well as accelerate the pace of investment during the Kovid-19 pandemic.
According to Arab Net, the company said in a statement that it had recorded a total income of AED 72 billion (19.60 billion dollars) from AED 53 billion a year ago. Comprehensive income includes net income and unrealized gains such as hedges associated with financial instruments or foreign exchange transactions.
The assets under managed 4.8% were increased to AED 894 billion.
Investments worth AED 108 billion ($ 29.4 billion) were also employed in 2020, the largest investment in one year.
The deals included 4.3 billion dirhams in Jeo-owned by the Russian-Industries and 2.7 billion dirhams at the direct investment company Silver Lake and 7.5 billion dirhams through partnerships with CVC and Squirid Capital and Ipx Partners.
Khaldoon Al Mubarak said the executive president of the swap we had succeeded in overcoming the severe decline in the world economy at the beginning of 2020 by increasing investments that enabled us to achieve results and record profits at the end of the year.
