Thursday 28 January 2021

Mubadala's four main business units prepare it for next phase of growth | The National

Mubadala's four main business units prepare it for next phase of growth | The National

Mubadala Investment Company's new organisational structure along four lines of business will gear the investment company for its next phase of growth.

The strategic investment fund with $232 billion of assets across six continents is being organised around four new entities: UAE investments, disruptive investments, direct investments and real estate and infrastructure.

The organisation is currently structured around key areas of investment: petroleum and petrochemicals; technology, mining and minerals; alternative investments and infrastructure; and aerospace, renewables and ICT, but a review of this structure has been under way since 2019.

"This new structure aligns with our aspirations to grow significantly in the coming years, in key asset classes and important geographies, and to continue building on our job creation and economic growth engines here in the United Arab Emirates," Ahmed Al Calily, Mubadala's chief strategy and risk offer, told The National.

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