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UAE investment fund Mubadala suspends investment in Russia

DOHA, Mar 28 (PRIME) -- The United Arab Emirates (UAE) sovereign investment fund Mubadala Investment Company will suspend investment in Russia due to the conflict in Ukraine, Musabbeh Al Kaabi, CEO of Mubadala’s UAE Investments platform, said on Monday during the Global Energy Forum.

According to the fund’s documents, investment in the Russian projects accounts for only 1% of the fund’s investment portfolio.

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28.03.2022 16:17