Company Insights Mubadala Investment Company Finance Mubadala Investment Company News Analysis Banking and Finance Gulf still struggling to attract private cash for public projects Lower oil prices are driving Gulf countries, particularly Saudi Arabia and the UAE, to involve private companies in financing critical infrastructure projects worth tens of billions of dollars. Despite some successes, the expansion of public-private partnerships (PPPs) is being hampered by inconsistent project delivery and changing regulatory frameworks that are holding back investor confidence, experts […] January 10, 2025 Video length: 04:13 VIDEO Tech Gulf sovereign wealth funds tilt towards emerging markets In the past 12 months Gulf sovereign wealth funds invested almost $10 billion in China, the largest such volume in history, Diego Lopez, Singapore-based managing director of Global SWF tells AGBI. This reflected a growing bias among Gulf funds towards emerging markets and domestic economies. “Every time [investment managers] are coming across a good opportunity […] January 6, 2025 Manufacturing GlobalFoundries and IBM settle rival lawsuits GlobalFoundries, the chipmaker majority owned by Abu Dhabi’s sovereign wealth fund, Mubadala, and IBM said on Thursday they had settled their duelling lawsuits. GlobalFoundries was accused of breaching a contract with IBM, and the computer company was alleged to have misused the chipmaker’s trade secrets. The companies said in a joint statement that the terms […] January 3, 2025 Economy Mubadala beats PIF in global sovereign spend in 2024 Abu Dhabi’s Mubadala Investment Company outpaced Saudi Arabia’s Public Investment Fund in spending last year after the PIF reduced its global investments in 2024. Mubadala and its subsidiaries invested $29.2 billion in 2024, up from $17.5 billion in 2023, Reuters reported citing the preliminary data from research company Global SWF. That accounted for nearly 20 […] January 2, 2025 Giga-projects Neom’s air taxi partner Volocopter files for insolvency Volocopter, the German air taxi developer backed by Saudi Arabia’s Neom giga-project, has filed for insolvency, blaming difficulties in securing fresh funding. The company, whose high-profile backers include Mercedes-Benz, Honeywell, Daimler, Intel and Mitsui Sumitomo Insurance Group, said its operations would continue during the insolvency proceedings as it seeks new investors. The insolvency raises concerns […] December 31, 2024 Health Mubadala expands UAE healthcare logistics reach Abu Dhabi’s Mubadala Investment Company has acquired an 80 percent stake in Global Medical Supply Chain and Al Ittihad Drug Store from GlobalOne Healthcare Holding, the healthcare division of UAE-based Yas Holding. GlobalOne Healthcare Holding will retain a 20 percent stake in both companies. The acquisition expands Mubadala’s footprint in healthcare logistics and pharmaceutical distribution. […] December 25, 2024 Analysis Oil & Gas How Adnoc’s XRG will achieve its bold investment ambitions When XRG, the newly formed investment arm of the Abu Dhabi National Oil Company (Adnoc), launched last month it said that it wanted to double its $80 billion in assets under management by 2035. For comparison, Abu Dhabi’s ADQ, the world’s 10th largest sovereign wealth fund and the younger sibling of Adia and Mubadala, had […] December 19, 2024 Opinion Energy BP could be a savvy investment for Gulf buyers Rarely does the opportunity to buy an international energy leader arise December 19, 2024 Tech Mubadala backs US-based AI startup in $600m funding round Abu Dhabi’s Mubadala Investment Company is among the investors backing Crusoe, a San Francisco-based artificial intelligence infrastructure provider, in its $600 million funding round. The Series D funding round was led by Founders Fund, with participation from new and existing investors, including Fidelity, Long Journey Ventures, Nvidia, Ribbit Capital and Valor Equity Partners. In June […] December 17, 2024 Finance Mubadala and Carlyle launch partnership Abu Dhabi sovereign fund Mubadala and a subsidiary of US investment firm Carlyle have launched a partnership to lend to private equity companies worldwide. Mubadala, which has $302 billion in assets under management, and AlpInvest Partners have already completed their first deal, according to a statement by the Abu Dhabi institution. The partnership will provide […] December 13, 2024 Posts navigation Previous 1 … 9 10 11 … 37 Next
Analysis Banking and Finance Gulf still struggling to attract private cash for public projects Lower oil prices are driving Gulf countries, particularly Saudi Arabia and the UAE, to involve private companies in financing critical infrastructure projects worth tens of billions of dollars. Despite some successes, the expansion of public-private partnerships (PPPs) is being hampered by inconsistent project delivery and changing regulatory frameworks that are holding back investor confidence, experts […] January 10, 2025
Video length: 04:13 VIDEO Tech Gulf sovereign wealth funds tilt towards emerging markets In the past 12 months Gulf sovereign wealth funds invested almost $10 billion in China, the largest such volume in history, Diego Lopez, Singapore-based managing director of Global SWF tells AGBI. This reflected a growing bias among Gulf funds towards emerging markets and domestic economies. “Every time [investment managers] are coming across a good opportunity […] January 6, 2025
Manufacturing GlobalFoundries and IBM settle rival lawsuits GlobalFoundries, the chipmaker majority owned by Abu Dhabi’s sovereign wealth fund, Mubadala, and IBM said on Thursday they had settled their duelling lawsuits. GlobalFoundries was accused of breaching a contract with IBM, and the computer company was alleged to have misused the chipmaker’s trade secrets. The companies said in a joint statement that the terms […] January 3, 2025
Economy Mubadala beats PIF in global sovereign spend in 2024 Abu Dhabi’s Mubadala Investment Company outpaced Saudi Arabia’s Public Investment Fund in spending last year after the PIF reduced its global investments in 2024. Mubadala and its subsidiaries invested $29.2 billion in 2024, up from $17.5 billion in 2023, Reuters reported citing the preliminary data from research company Global SWF. That accounted for nearly 20 […] January 2, 2025
Giga-projects Neom’s air taxi partner Volocopter files for insolvency Volocopter, the German air taxi developer backed by Saudi Arabia’s Neom giga-project, has filed for insolvency, blaming difficulties in securing fresh funding. The company, whose high-profile backers include Mercedes-Benz, Honeywell, Daimler, Intel and Mitsui Sumitomo Insurance Group, said its operations would continue during the insolvency proceedings as it seeks new investors. The insolvency raises concerns […] December 31, 2024
Health Mubadala expands UAE healthcare logistics reach Abu Dhabi’s Mubadala Investment Company has acquired an 80 percent stake in Global Medical Supply Chain and Al Ittihad Drug Store from GlobalOne Healthcare Holding, the healthcare division of UAE-based Yas Holding. GlobalOne Healthcare Holding will retain a 20 percent stake in both companies. The acquisition expands Mubadala’s footprint in healthcare logistics and pharmaceutical distribution. […] December 25, 2024
Analysis Oil & Gas How Adnoc’s XRG will achieve its bold investment ambitions When XRG, the newly formed investment arm of the Abu Dhabi National Oil Company (Adnoc), launched last month it said that it wanted to double its $80 billion in assets under management by 2035. For comparison, Abu Dhabi’s ADQ, the world’s 10th largest sovereign wealth fund and the younger sibling of Adia and Mubadala, had […] December 19, 2024
Opinion Energy BP could be a savvy investment for Gulf buyers Rarely does the opportunity to buy an international energy leader arise December 19, 2024
Tech Mubadala backs US-based AI startup in $600m funding round Abu Dhabi’s Mubadala Investment Company is among the investors backing Crusoe, a San Francisco-based artificial intelligence infrastructure provider, in its $600 million funding round. The Series D funding round was led by Founders Fund, with participation from new and existing investors, including Fidelity, Long Journey Ventures, Nvidia, Ribbit Capital and Valor Equity Partners. In June […] December 17, 2024
Finance Mubadala and Carlyle launch partnership Abu Dhabi sovereign fund Mubadala and a subsidiary of US investment firm Carlyle have launched a partnership to lend to private equity companies worldwide. Mubadala, which has $302 billion in assets under management, and AlpInvest Partners have already completed their first deal, according to a statement by the Abu Dhabi institution. The partnership will provide […] December 13, 2024