DUBAI: Abu Dhabi state investor Mubadala's total income rose nearly 36% to a record high last year, driven by growth in its public equities portfolio and funds, while it accelerated investment during the COVID-19 pandemic.
"We navigated our portfolio through the dramatic macroeconomic decline of early 2020 and decided to accelerate the pace of our capital deployment, ending the year with record profit and growth," CEO Khaldoon al-Mubarak said.
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