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UAE In-Focus – Mubadala, Alpha Dhabi to co-invest in credit markets; Kezad joins Dana Group to set up steel plant

RIYADH: Abu Dhabi state fund Mubadala Investment Co. and UAE-based conglomerate Alpha Dhabi plan to co-invest up to 9 billion dirhams ($2.5 billion) in credit markets through a new joint venture. The two companies plan to use Mubadala’s relationship with US asset manager Apollo “to access high-quality private credit investment opportunities,” they said in a joint statement ....

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