The Abu Dhabi companies hold 40 per cent stake each in TPP1, the 875MW combined-cycle gas-fired plant, and also in the O&M company
Mubadala
Latest in Mubadala
Dubai Holding
Mubadala takes $600m stake in Nord Anglia Education
Mubadala Investment Company acquires stake in Nord Anglia Education
Abu Dhabi Investment Authority
GCC royal private offices manage close to $500 billion in assets: Report
Sovereign wealth fund tracker Global SWF has identified 35 RPOs in the GCC, with the UAE home to a vast majority of these offices
Abu Dhabi Development Holding Company
Sovereign wealth fund assets to hit $18tn by 2030 as Gulf leads global growth
UAE and Saudi Arabia lead SWF growth as Gulf countries see massive investment outlays
Abu Dhabi
Mubadala completes stake sale in Calisen
The sale marks the end of a four-year investment cycle during which Mubadala, alongside partners worked closely with the UK firm to deliver strong financial and commercial performance
ADGM
Mubadala and Alpha Dhabi’s joint venture portfolio hits $1bn
Mubadala and Alpha Dhabi venture hits milestone as portfolio reaches $1bn
Aerospace
Mubadala, Tawazun to launch Al Ain’s first aircraft engine MRO facility
The landmark project establishes the first engine MRO of its kind in the MENA and South Asia regions
acquisition
Mubadala acquires Julphar arm DiabTec
The acquisition strengthens Mubadala’s portfolio of biologicals
Abu Dhabi
Abu Dhabi’s Mubadala overtakes Saudi’s PIF as world’s top sovereign fund investor with over $29bn in 2024
Since 2023, Mubadala’s investments jumped 67% while PIF’s dropped 37%
Abu Dhabi
DCT Abu Dhabi, Mubadala partner to launch cultural programmes
The programmes aim to enrich Abu Dhabi’s cultural ecosystem while fostering community engagement and innovation
Abu Dhabi
Mubadala acquires majority stakes in global medical supply chain, Al Ittihad Drug Store
The strategic acquisition enhances Mubadala’s presence in the healthcare logistics and pharmaceutical distribution sectors
CI Financial Corp
Mubadala Capital to take Canada’s CI Financial private in $3.34 billon deal
Shareholders to receive CAD32 in cash per share, representing a premium of 33% over the last closing price; Stock jumps 30%
Abu Dhabi
New Dubai ‘super tower’ plan; UAE Royal launches perfume; Major RTA bridge update; $8.2bn Abu Dhabi developments – 10 things you missed this week
Major Dubai bridge updates, Real estate analysis, UAE royal perfume, super tower plans and more top stories this week
Abu Dhabi
Major Abu Dhabi developments announced as Mubadala and Aldar team up for $8.2bn joint ventures; new $3.5bn island community, $2.5bn retail platform coming soon
Abu Dhabi is set for major transformation following $8.2bn joint venture plan by Mubadala and Aldar
Abu Dhabi
Mubadala and CBC acquire UCB’s pharma business in China
UCB’s mature business includes immunology, neurology and allergy portfolio as well as its manufacturing unit in Zuhai