Abu Dhabi Crown Prince Orders Mubadala and IPIC to Merge
Posted on 06/29/2016
Mega financial and business entities in the Gulf appear to be in consolidation and efficiency mode. Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces issued a directive to merge Mubadala Development Company and International Petroleum Investment Company (IPIC). A joint committee will be formed to oversee […]
