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الاقتصادية
Alpha Dhabi Boosts MIKAD Credit to $1B
Alpha Dhabi Holding Company has announced an increase in its investments in its joint venture "Mikad Credit," managed by Mubadala Capital, bringing its capital commitment to one billion dollars, up from a designated 20% to 40% of its stake in the project. The expansion includes the addition of new credit strategies alongside current activities in direct lending in the United States and Europe, aiming to capitalize on new investment opportunities in the private credit sector. This growth is expected to support the project’s development, which currently holds assets valued at $1.7 billion across 45 companies, and to enhance the company's ability to access more diverse and sustainable investment opportunities. This move aligns with the broader expansion of the private credit market, which enables companies to secure funding directly in exchange for higher yields and greater risk exposure.
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