{"id":53723,"date":"2016-03-31T18:45:00","date_gmt":"2016-03-31T20:45:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/mubadalas-profit-and-revenues-go-up\/"},"modified":"2019-06-30T12:53:55","modified_gmt":"2019-06-30T15:53:55","slug":"mubadalas-profit-and-revenues-go-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/mubadalas-profit-and-revenues-go-up\/","title":{"rendered":"Mubadala\u2019s profit and revenues go up"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Mubadala Development Company, the holding controlled by the Abu Dhabi&rsquo;s government, released this Thursday (31) its 2015 balance report. According to information from the <em>Emirates News Agency (WAM)<\/em>, the company had revenues of AED 34.1 billion (USD 9.3 billion) against AED 32.7 billion (USD 8.9 billion) in 2014. The company&rsquo;s profit was AED 1.2 billion (USD 327 million) against AED 1 billion (USD 272 million) in the previous year. <\/p>\n<p>The increase in revenues, according to <em>WAM<\/em>, was driven by the holding&rsquo;s actions in the sectors of semiconductos, information and communication technologies, healthcare, real estate and infrastructure. The company invests in different sectors and countries, including Brazil.<\/p>\n<p>&ldquo;A Mubadala conseguiu ter um crescimento moderado do faturamento e do lucro apesar da volatilidade macroecon&ocirc;mica significativa de 2015&rdquo;, disse o diretor-gerente da companhia, Khaldoon Khalifa Al Mubarak, de acordo com a WAM. <br \/>&ldquo;Mubadala managed through the significant macroeconomic volatility of 2015&rdquo;, said the group&rsquo;s CEO and managing director, Khaldoon Khalifa Al Mubarak, as reported by <em>WAM<\/em>. He added that the international market conditions this year will remain &ldquo;challenging&rdquo; and, in this sense, the company will remain focused on &ldquo;prudent&rdquo; cash management and cost control.<\/p>\n<p>According to <em>WAM<\/em>, among the business highlights of 2015 are the creation of a joint venture with Dutch multinational Trafigura in the mining sector; the acquisition of IBM&rsquo;s microelectronics business by Globalfoundries, Mubadala&rsquo;s subsidiary company in a partnership with AMD; the launching of a USD 10 billion global investment fund with Chinese organizations for investments in China and in the UAE; Strata, the Al Ain-based Mubadala&rsquo;s subsidiary was awarded a contract to manufacture parts of the Airbus A350 -1000; the beginning of production by a third oil field of Mubadala Petroleum in Thailand; and the inauguration of the global headquarters of the International Renewable Energy Agency in Masdar City, Abu Dhabi. <\/p>\n<p>Mubadala&rsquo;s total assets in 2015 were AED 246.4 billion (USD 67 billion), against AED 243.6 billion (USD 66.3 billion) the previous year. <\/p>\n<p><strong>*Translated by S&eacute;rgio Kakitani<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-180981\">Karim Sahib\/AFP 07\/10\/2015<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The holding company of the Abu Dhabi government registered revenues of USD 9.3 billion and profit of USD 327 million last year.<\/p>\n","protected":false},"author":2316,"featured_media":180981,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-53723","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"The holding company of the Abu Dhabi government registered revenues of USD 9.3 billion and profit of USD 327 million last year.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=53723"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/180981"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=53723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=53723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=53723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}