Thursday, 28 September 2017

Khaldoon Al Mubarak interview: Mubadala Investment already active on the deal path - The National

Khaldoon Al Mubarak interview: Mubadala Investment already active on the deal path - The National:

"Khaldoon Al Mubarak paints a picture of a company on the move and of a chief executive satisfied that it has a solid foundation from which to move forward with confidence. Under his watch, Mubadala Investment Company stands as a strong entity following its recent consolidation, its structure forged following the completion in May of the coming together of Mubadala Development and Ipic. The new Mubadala has already taken its first steps into the future and its path is clear, says Mr Al Mubarak, clearly pleased with company's progress so far, and feeling quite relaxed ahead of the announcement of its first interim results as a new entity later in the day. “We continue by the way today to evolve, as we enter into new sectors, and we’re deploying capital in a swift effective way,” says Mr Al Mubarak. He gives the example of Mubadala Investment’s US$15 billion (Dh55bn) commitment to Softbank’s $100bn technology-focussed Vision Fund, announced in May, in which Saudi Arabia’s Public Investment Fund is also a participant. The investment has opened up a whole avenue of fresh opportunities in new and disruptive companies for Mubadala Investment."



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