Abu Dhabi overtakes Oslo as the world’s richest city for sovereign wealth fund assets
Mubadala Investment Co.
Latest in Mubadala Investment Co.
Abu Dhabi
Mubadala assets reach $302bn after 9.45% increase
Abu Dhabi wealth fund Mubadala sees assets under management increase to more than $300bn
Asia pacific
Mubadala and Goldman Sachs sign $1bn Asia investment deal
Mubadala and Goldman Sachs partner on deal for Asia Pacific investments
insurance
Mubadala leads investors in purchase of $15.5bn US insurance giant Truist
Mubadala set to take control of Truist Insurance Holdings alongside investment partners
Biopharmaceuticals
Mubadala and Resilience to build biopharma manufacturing facility in Abu Dhabi
A first-of-its-kind facility in the region to manufacture life-saving drugs; Mubadala has invested in several equity rounds of Resilience
Abu Dhabi
Abu Dhabi’s Mubadala will “pause investments” in Russia as the sovereign wealth fund’s CEO calls for end to crisis
The ongoing “crisis between Russia and Ukraine is a travesty, with catastrophic consequences,” the CEO said
ADQ
Abu Dhabi’s ADQ and Mubadala join Trukker’s equity and debt round
Abu Dhabi-headquartered Trukker raised $96m in fresh financing from investors with ADQ and Saudi Technology Ventures leading the equity funding round
investment opportunities
Mubadala and Mumtalakat sign deal to explore worldwide co-investment opportunities
MoU will see the two institutions exchange knowledge and best practices to enhance their investment and operational capabilities
data centre
Mubadala mulling investment in Singapore-based Princeton Digital
Abu Dhabi sovereign fund is likely to become the anchor investor of the round, according to sources
Globalfoundries
Chipmaker GlobalFoundries, Mubadala, raise $2.6bn in US IPO
Mubadala will control more than 89 percent of the company’s shares following the IPO
F&B business
Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee
Deal reflects Mubadala Capital’s foray into the food and beverage sector, where it has invested about $1.8bn in the past seven years alone
Abu Dhabi economy
Why US inflation is a worry for Abu Dhabi’s Mubadala
Global markets have been thrown into turmoil in recent weeks, partly due to concerns about persistently high inflation
Globalfoundries
Abu Dhabi’s GlobalFoundries files for an IPO, capitalising on chip boom
Company listed the size of its offering as $1 billion – a placeholder that will change when terms of the share sale are set
Abu Dhabi economy
Abu Dhabi wealth funds said to scout Turkey for investment targets
Sources say ADQ alone is considering spending as much as $1bn on healthcare and fintech targets
AB In Focus
AB Talks: Her Majesty’s Consul General Dubai unpacks the $13.8 billion UAE UK deal
Simon Penney is Her Majesty’s Trade Commissioner for the Middle East and Her Majesty’s Consul General Dubai. He joins AB Talks to analyse the historic signing of the UAE-UK Sovereign Investment Partnership (UAE-UK SIP)
Free trade agreements
Why $13.8bn UAE-UK investment deal represents ‘turning point’ in relationship
Over the next five years, the UAE-UK Sovereign Investment Partnership will drive increased investment into sectors including technology, infrastructure, and energy transition
Boris Johnson
British PM says UK, UAE will be at forefront of ‘industries of the future’
Boris Johnson hails role of both countries in tackling issues such as climate change after signing Partnership for the Future with the UAE