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Mubadala Development Company

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CNNMoney: What's a '57 Ferrari worth? $12 millionupdated: Mon May 18 2009 14:58:00

A 1957 Ferrari race car was sold at auction in Italy on Sunday for a record $12 million, according to the Italian automaker.

CNNMoney: Citigroup-Abu Dhabi deal: A sign of the timesupdated: Tue Nov 27 2007 17:26:00

Citigroup's newfound $7.5 billion cash infusion from Abu Dhabi's state investment fund may not cure all that ails the embattled bank, but it heralds the growing influence of sovereign wealth funds.

This week's business newsupdated: Thu Nov 08 2007 13:32:00

More business news from the Middle East: Dubai International Capital acquires Alliance Medical for $1.3 billion; Saudi Arabia inflation rate at highest in 10 years; Emirates posts record half-year figures; MGM Mirage to build $3 billion resort in Abu Dhabi by 2012

A meeting of two business worldsupdated: Fri Sep 28 2007 05:52:00

While U.S. and European markets try to gauge the bottom of the sub-prime lending crisis, government-controlled funds in the Persian Gulf have been on a spending spree, investing billions of dollars in companies around the world.

Khaldoon Mubarak, CEO, Mubadala Development Companyupdated: Fri Sep 28 2007 03:24:00

Khaldoon Khalifa Al Mubarak is CEO of Mubadala Development Company. In this role, he oversees the delivery of an aggressive investment strategy, generating significant financial returns and driving sustainable economic development in the United Arab Emirates.

Facetime with Mubarakupdated: Fri Sep 28 2007 03:24:00

This week Marketplace Middle East interviews Khaldoon Mubarak, CEO and Managing Director of Mubadala Development Company.

Branded, 40 years of F1 sponsorshipupdated: Mon Jun 04 2007 23:40:00

Next year marks the 40th anniversary of sponsorship in Formula 1. Before 1968 cars were decorated with colour schemes representing national flags with only discreet hood badges identifying the manufacturers (though Honda and Lotus blazed a trail by painting their names on their cars in 1966).

Bahrain secures long-term F1 dealupdated: Mon Jan 29 2007 12:52:00

Bahrain will host a Formula One grand prix until well into the next decade after announcing a long term contract extension.

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