Abu Dhabi’s Mubadala signs up range of deals with Serbia | The National

Abu Dhabi’s Mubadala signs up range of deals with Serbia | The National:

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Advanced Technology Investment Company (Atic), a Mubadala subsidiary, will explore the
feasibility of a research and development facility in Serbia for the semiconductor industry.
Jeff Topping / The National

Mubadala Development signed numerous agreements with the Serbian government yesterday to seek out areas for investing across semiconductors, renewable energy, telecoms and aerospace manufacturing.

The deals are the latest sign of a rapid warming in relations between Abu Dhabi and Belgrade that has already yielded millions of dollars of investment for Serbia’s struggling economy.

“Mubadala is delighted to increase collaboration with Serbian entities, and we are confident these agreements will enable us to identify investment opportunities,” said Waleed Al Mokarrab Al Muhairi, Mubadala’s chief operating officer."

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