Alfa Thabi increases Mikad Credit stake to 40%
Alpha Dhabi Holding Company announced an increase in its investment in the "Mikad Credit" project to one billion dollars, and raised its stake in the joint venture with Mubadala Capital from 20% to 40%. The expansion includes an additional strategy in the private credit market, with asset management totaling approximately $1.7 billion allocated to 45 companies within the portfolio. This move aligns with the company's efforts to strengthen its presence in the financing and investment sector.
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