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Mubadala Investment Company

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Latest Mubadala Investment Company DevelopmentsAI Insights

Mubadala Investment Company, alongside the UAE’s ruling family and Silver Lake, holds stakes in G42, which is set to benefit from a preliminary US-UAE agreement. This agreement could allow the UAE to import 500,000 of Nvidia's advanced AI chips annually. The plan includes that 20 percent of these chips will go to G42. The deal is under negotiation and might undergo changes1.

In April, Mubadala Energy formed agreements with Kimmeridge to purchase stakes in US energy assets. This development is part of its broader strategy, as the UAE pursues a notable investment framework in the US worth $1.4 trillion over ten years2.

During the first quarter, Mubadala experienced a paper loss of $2.7 billion on its majority stake in GlobalFoundries, with its value decreasing to $16.6 billion. The company adjusted its portfolio by acquiring stakes in companies including Bristol-Myers Squibb and selling shares in others such as Citigroup3.

As GlobalFoundries announced plans to increase research spending by $3 billion amidst heightened demand, Mubadala's investment in the company fell by 14 percent due to market turbulence4.

In February, Mubadala made a $436 million investment in BlackRock’s bitcoin exchange-traded fund. At that time, it acquired 8.2 million shares in the iShares bitcoin ETF5.

Mubadala Investment Company Overview

Mubadala Investment Company, or Mubadala, is one of the Abu Dhabi government’s sovereign wealth funds.

Established in 2017 by the merger of Mubadala Development Company (now Mamoura Diversified Global Holding) and the International Petroleum Investment Company, the company is based in Abu Dhabi.

Mubadala manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad. Assets under management are valued at more than US$300 billion.

Mubadala’s diverse portfolio spans more than 50 countries across sectors including retail, clean energy, self-driving cars and AI technology.

In the UAE Mubadala owns or has invested in companies including Aldar Properties, Emirates Global Aluminium, First Abu Dhabi Bank (FAB), G42, Masdar, Tabby and Yahsat.

Internationally it owns or has invested in Turkey’s Getir, Global Foundries and Waymo in the US, CityFibre in the UK and Jio Platforms and Tata Power Renewables in India.

Mubadala has announced plans to invest significant capital into healthcare, artificial intelligence, space technology, digital infrastructure and the Asian and US markets.

Mubadala’s subsidiaries include the asset management company Mubadala Capital, Mubadala Technologies and Mubadala Energy.

Mubadala Investment Company News

'There has never been a better time to invest in fixed income' such as Gulf GRE debt says one analyst

Why government-related debt is worth a punt

Debt sales by government-related entities (GRE) in the Gulf, such as Saudi Electricity Co and Abu Dhabi’s Mubadala Investment Co, offer better investor value than their sovereigns, experts say. Gulf foreign currency sales of conventional and sukuk (sharia-compliant bonds) rose 9 percent to $72.4 billion in the five months to May 31, compared with the […]

2ANN0R0 Woman shopping with smartphone paying with her credit card As buy-now-pay-later adoption outpaces credit cards, traditional banks are under pressure to adapt or risk losing a generation of borrowers

Gulf banks fight back to beat buy-now-pay-later advantage

Gulf banks are moving aggressively to claw back billions of dollars in market share from buy-now-pay-later fintechs, turning to new payments infrastructure to reassert control at checkout, according to industry executives. Visa is working with lenders in the UAE and Saudi Arabia to expand its “Installment Solutions” platform, which allows credit cardholders to split payments […]

The Kuwait Investment Authority is one of the biggest shareholders in Germany's Mercedes-Benz Group and has a 50-year relationship with the company

The KIA maintains its low profile approach – for now

Kuwait Investment Authority (KIA) is not only the oldest Gulf sovereign wealth fund, but also the most opaque.  It publishes little information about its assets and usually invests abroad through asset managers rather than directly. Its low-profile approach contrasts with the likes of Saudi Arabia’s Public Investment Fund (PIF), Abu Dhabi’s Mubadala and the Qatar […]

GlobalFoundries previously planned to spend $13 billion to upgrade its factories in New York and Vermont

GlobalFoundries commits $3bn to microchip research

GlobalFoundries, the Mubadala-backed chip manufacturer, said on Wednesday it will significantly hike research spending in the US over the next few years due to “explosive” demand for artificial intelligence and the advanced semiconductors that power it. The multi-billion-dollar investment comes as the New York state-based company works with the White House and various technology peers to […]

Borouge

Borouge prepares for era of ‘transformative’ growth

UAE petrochemicals company Borouge is focusing on international expansion and long-term value creation as it gears up to become a next-generation global powerhouse.  Borouge reported first-quarter net profit of $281 million and record production of 5.2 million tonnes at the end of April, driven by exceptional utilisation rates of 110 percent for polyethylene and 98 […]

In association with
Masdar's Gemasolar project in Spain. The company is aiming to fund expansion through bond issuances

Masdar to increase bond issuances to fund renewables push

Masdar, the UAE’s state-owned clean energy developer, is to increase its presence in international debt markets as it accelerates plans to install 100 gigawatts of renewable energy capacity by the end of the decade. Abu Dhabi’s Masdar raised $1 billion in a green bond sale last month, following previous issuances of $750 million in 2023 […]

Mubadala-backed FAB has been exploring expansion including outside of the Gulf region

FAB shareholder seeks to raise $480m from secondary offering

A shareholder of First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, is offering around $480 million worth of shares via a secondary share sale, the bookrunner for the deal said on Friday. The selling shareholder, whose name was not disclosed, is offering around 113 million shares at a price of AED15.5 ($4.22) […]

The recently launched life sciences company Mubadala Bio. Mubadala has reported a 9.1% jump in assets under management to 1.2 trillion dirhams

Mubadala’s $1bn sukuk order book oversubscribed five times

Abu Dhabi sovereign wealth fund Mubadala has sold $1 billion in 10-year US dollar-denominated Islamic bonds, or sukuk, in its first debt sale of the year, news service IFR said on Wednesday. Acting through the Mamoura Diversified Global Holding debt vehicle, Mubadala priced the bonds at 60 basis points (bps) over US treasuries, narrower than […]

Emaar’s project backlog – the value of the under-construction properties it has sold off-plan – totals AED100bn

UAE property developers bank on huge order backlogs

The UAE’s largest property developers are likely to post rising profits in the coming quarters as under-construction projects reach new milestones. This will enable them to book revenue from their vast order backlogs, analysts predict. Most listed developers reported big year-on-year increases in first-quarter profits. Emaar Properties’ Q1 profit rose 27 percent to just over […]

Singapore-based private equity company Quadria Capital has invested in Indian eye care chain Maxivision

Quadria commits 25% from $1bn healthcare fund to GCC

Quadria Capital, a Singapore-based healthcare-focused private equity company, plans to allocate up to a quarter of its latest $1 billion fund to the Gulf Cooperation Council (GCC). “In the GCC, we intend to deploy capital across healthcare infrastructure such as hospitals and clinics, biopharma, diagnostics and digital health,” Quadria Capital partner Sunil Thakur told AGBI […]