UAE’s Mubadala buys 1.9% stake in Sibur

TASS Russian News Agency | Dec 8, 2021 at 5:21 PM

Mubadala Investment Company, the UAE’s sovereign fund, purchased the stake of 1.9% in the Russian petrochemical giant Sibur, the company said on Wednesday.

A $30bn investment in the future

Arab News | Dec 7, 2021 at 9:24 PM

The signing of new investment deals reportedly worth $30 billion between Saudi Arabia and Oman is no doubt a positive development for solidifying cooperation between the member countries of the Gulf Cooperation Council.