Dubai: Mubadala, the Abu Dhabi government-owned investment vehicle, could launch its new engine subsidiary as early as the third quarter of this year, according to a top executive at the company.
“We are working on the registration. It should be [done] in the next few months,” said Homaid Al Shemmari, Chief Executive Officer of Mubadala Aerospace and Engineering.
http://gulfnews.com/business/aviation/mubadala-to-launch-new-engine-entity-1.1331451
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