#Mubadala

Mubadala

UAE’s Mubadala joins coalition of sovereign wealth funds supporting global climate action

Mubadala has officially become a member of the One Planet Sovereign Wealth Funds

Abu Dhabi’s wealth fund invests in SoftBank-backed tech startup

It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services

Mubadala G42

Mubadala acquires stake in Abu Dhabi-based AI specialist G42

Mubadala will integrate two of its entities, Injazat and Khazna, into G42

Abu Dhabi’s Mubadala invests $235m in Germany’s Evotec

The funds will be invested in the upscaling of biologics strategy, data-driven precision medicine processes, and multimodality drug discovery and development platforms, among others

Abu Dhabi’s Mubadala to invest $2bn in partnership with Silver Lake

Abu Dhabi’s sovereign investor to acquire minority stake in the US-based venture capital firm

Sanad Mubadala International Aero Engines

Sanad signs Dhs1bn deal with Pratt & Whitney and International Aero Engines for aircraft engine maintenance in Abu Dhabi

The V2500 engines will be serviced at Sanad’s facility at the Abu Dhabi Airports Free Zone

Mubadala Kohlberg PCI

Abu Dhabi’s Mubadala and Kohlberg acquire majority stake in PCI Pharma Services

Philadelphia-based PCI provides a range of integrated pharmaceutical supply chain solutions

Mubadala, affiliates disclose stakes in Virgin Galactic

The shares were bought for investment purposes

Arabtec

Dubai-based Arabtec appoints Mubadala deputy group CEO as chairman

Waleed Al Mokarrab Al Muhairi replaces Mohamed Thani Al Rumaithi who recently tendered his resignation

Abu Dhabi’s virtual trading platform closes funding round

MidChains is expected to launch trading operations in 2020, subject to FSRA approval

Mubadala to double down on tech after $1.2bn Jio stake

The $232bn fund is looking at India, China and Southeast Asia for potential investments

Abu Dhabi’s Mubadala posts 324% increase in 2019 income

At end of 2019, its assets under management (AUM) stood at Dhs853bn, compared to Dhs840bn in 2018

Abu Dhabi’s Mubadala to waive Q2 rent for retail tenants at its Galleria mall

The Galleria mall reopened and welcomed guests earlier this month

Abu Dhabi’s Mubadala announces rent deferment for ADGM tenants

This initiative is part of Mubadala’s ‘We Are Dedicated’ campaign, and aims to support commercial tenants

Dubai denies media report that it is seeking support from Abu Dhabi fund Mubadala

It added that Reuters published the story without verifying the trustworthiness of its source

Uber launches UberMedics to support healthcare workers in the UAE

It has partnered with Mubadala as well as hospitals including Saudi German Hospital and Zulekha Hospital