Abu Dhabi to invest $13 billion in Brazil

Posted on April 30, 2011 • Filed under: Brazil, Business

Mubadala, the investment vehicle of Abu Dhabi, planning a $13 billion investment package in a variety of industries in Brazil, Arabian Business reported a senior government official as saying on Saturday. The announcement, which was initially made through the Arab Brazil News Agency (ABNA), came after Waleed al-Muhairi, the head of the public joint stock company, met with the Brazilian minister of development, industry and foreign trade, Fernando Pimentel. Read Article

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