Abu Dhabi’s Mubadala Investment Company and Khalifa University of Science and Technology have entered a 10-year partnership, as a result of this multi-year agreement, the engineering building at the university will now be named Mubadala Building.
The signing ceremony was attended by Fatima Al Marzouqi, Director – Portfolio Emiratisation, Mubadala Investment Company, and Professor Sir John O’Reilly, President, Khalifa University.
The partnership’s financial contribution will contribute to the Khalifa University Fund, supporting R&D, enhanced facilities and a better educational experience.
Dr. Ebrahim Al Hajri, Senior Vice-President, Support Services, said: “Khalifa University is pleased to enter into this agreement with Mubadala Investment Company, a sovereign investor that manages a diverse portfolio of assets in the UAE and overseas, to offer students an enhanced academic and research experience.
“Naming the building in our campus further illustrates the extent of close engagement between the two partners, and we believe this close cooperation will help facilitate students to focus more on careers in STEM fields.”
Fatima Al Marzouqi, Director – Portfolio Emiratisation, Mubadala Investment Company, said: “We are delighted to expand on our long-term partnership with Khalifa University, an academic institution dedicated to excellence in education and building future leaders. As a forward-leaning investor that drives positive change where we deploy capital, we partner with like-minded organisations to raise awareness for STEM education, and our partnership with Khalifa University has been instrumental in helping achieve this objective. We look forward to working closely with the University as we grow the nation’s education sector for the next decade and beyond.”