Khaldoon Al Mubarak, CEO of Abu Dhabi’s $330-billion sovereign wealth fund Mubadala, spoke to CNBC’s Dan Murphy in Davos about the future of investing in AI, the fund’s investment strategy for the next five years and his outlook for 2025.
Watch CNBC’s full interview with Mubadala’s CEO Khaldoon Al Mubarak
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Australia’s consumer prices spike in July as electricity costs surge
On a rainy winter night at George Street, two trams stopped and a person was walking across. The retail street was brightly illuminated. Wenyi Liu | Moment | Getty Images Australian consumer prices jumped by far more than forecast in July as electricity prices spiked due to the timing of government rebates, which has injected more volatility into this year’s series. The Australian […]
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Thai monetary policy should remain accommodative, central bank minutes show
Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks, the minutes of the Bank of Thailand’s August 13 policy meeting showed on Wednesday. At the meeting, the monetary policy committee voted […]
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Canada Goose draws take-private bids valuing it at $1.35 billion as Bain Capital weighs exit
SHANGHAI, CHINA – DECEMBER 02: A citizen walks by a Canada Goose store on December 2, 2021 in Shanghai, China. Visual China Group | Getty Images Canada Goose’s controlling shareholder, Bain Capital, has received bids aimed at taking the luxury parka-maker private at a valuation of about $1.4 billion, according to people familiar with the […]
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