Abu Dhabi's Mubadala sells 7.6% stake in Islamic bank ADIB to National Holding

Abu Dhabi's Mubadala sells 7.6% stake in Islamic bank ADIB to National Holding

A Mubadala Development Co. employee pauses near the company's logo at their exhibition booth during the Singapore Airshow in Singapore. Photographer: JONATHAN DRAKE/Bloomberg

Mubadala Investment Company, Abu Dhabi’s second-biggest sovereign wealth fund, has sold its 7.6% stake in Abu Dhabi Islamic Bank to a unit of investment firm National Holding, they said in a joint statement on Friday.

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