Mubadala and Sberbank sign strategic agreement – GulfToday

Mubadala and Sberbank sign strategic agreement – GulfToday

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Business Bureau, Gulf Today

Mubadala Investment Company (Mubadala), an Abu Dhabi-based sovereign investor and Sberbank, the largest bank of Eastern and Central Europe and a leading global financial institution, on Tuesday signed a strategic agreement to explore opportunities of mutual benefits.

The agreement covers cooperation in multiple areas, including co-investments, debt and equity financing, long-term financing of Mubadala projects in Russia and other territories, advisory services, hedging FX and credit