Mubadala is forced to sell money losing Global foundries. Emirates Global Aluminium PJSC (a joint venture between Abu Dhabi’s Mubadala Development Company and Investment Corporation of Dubai) is said to be paying almost 40 percent more for a loan compared with last year as liquidity in the Gulf tightens after the plunge in oil prices. The money will be used to pay existing loans (that are due this year).
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