Mubadala Investment Company, a sovereign investor from Abu Dhabi, has entered into a partnership agreement with the Abu Dhabi Projects and Infrastructure Centre (ADPIC) to promote collaborations aimed at advancing infrastructure initiatives. This agreement establishes a comprehensive framework for cooperation between the two organizations, focusing on enhancing Abu Dhabi’s development as a preferred destination for...
Abu Dhabi has been recognized as the leading city globally for sovereign wealth, managing an impressive total of $1.7 trillion in assets. This wealth is primarily held by three major entities: the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, and the Abu Dhabi Developmental Holding Company (ADQ). Diego Lopez, the founder and managing director...
Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly resuming discussions to establish a factory in the United Arab Emirates after conversations were paused at the end of former US President Joe Biden’s term. The company has been in talks with Steve Witkoff, the US special envoy to the Middle East, as well as executives from Abu...
Abu Dhabi’s sovereign wealth fund, Mubadala, has started taking orders for 10-year U.S. dollar-denominated Islamic bonds, also known as sukuk. This initiative was reported by the fixed income news service IFR on May 28. Mamoura Diversified Global Holding, which is the entity through which Mubadala accesses debt markets, has provided initial price guidance of approximately...
Bitcoin continues to dominate global markets, and a significant indication of this trend comes from Abu Dhabi. The sovereign wealth fund Mubadala has officially announced an investment of $408.5 million in the iShares Bitcoin Trust (IBIT) managed by BlackRock. This move strengthens Bitcoin’s position as a strategic financial asset for institutional investors, revolutionizing the traditional...
The education sector in the United Arab Emirates is increasingly attracting mergers and acquisitions, with experts predicting significant growth due to rising population, economic diversification, and demand from expatriates. The UAE’s education market, valued at over $7 billion, is expected to exceed $10 billion by 2030, with a compound annual growth rate of 7.5 percent....
Abu Dhabi-based Sanad, a leader in aerospace engineering and leasing solutions owned by Mubadala, is set to expand into India, Southeast Asia, and Africa following a remarkable performance in 2024. The company reported revenues of Dh4.92 billion ($1.34 billion), marking a 40 percent increase from Dh3.4 billion ($925 million) in 2023, and surpassing the $1...
Mubadala Investment Company has successfully finalized the sale of its indirect stake in Calisen, a leading provider of energy services in the United Kingdom. This transaction marks a significant move for Mubadala in its strategic investment portfolio, reflecting its commitment to restructuring its investments in the energy sector. Calisen specializes in managing energy assets and...
Mubadala Investment Company, based in Abu Dhabi, has announced its agreement to acquire a minority stake in Apleona, a prominent European provider of integrated facility management located in Neu-Isenburg, Germany. This investment is made in partnership with a consortium led by Bain Capital’s Private Equity team in Europe, aiming to support Apleona’s growth and establish...
Abu Dhabi’s Mubadala Investment Company, through its unit Kelix Bio, has finalized the acquisition of DiabTec, a subsidiary of Julphar. This move marks a significant step in strengthening Mubadala’s biologicals portfolio and advancing biomanufacturing in the MENA region. DiabTec’s advanced facility, equipped with 20,000-litre drug substance reactors and a dedicated cartridge fill-finish facility for drug...