#Mubadala

Petrobras

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”

Sanad Facility -Mubadala owned Sanad reports robust growth in H1 2024

Sanad growth soars in H1, expects revenue to hit Dhs4.5bn by year-end

Sanad projects a significant jump to Dhs4.5bn by year-end, reflecting a 28 per cent increase over 2023 and double the revenue of 2022

UAE fintech firm Stake raises $14m in Series A funding

UAE fintech firm Stake secures $14m in Series A funding

The company intends to use the proceeds to expand its business into Saudi Arabia

Mubadala increase investments

Mubadala-backed Zamp to buy Starbucks brand rights, stores in Brazil

Zamp said the deal requires approval from Brazil’s antitrust watchdog CADE and the court overseeing SouthRock’s bankruptcy

Abu Dhabi fund Mubadala’s assets surge to $302bn

Abu Dhabi fund Mubadala’s asset under management rise to $302bn

The wealth fund reported proceeds of Dhs99bn in 2023, which includes divestments of certain legacy assets and capital recycling

Abu Dhabi’s Mubadala invests in Australia’s largest urea plant

Abu Dhabi’s Mubadala invests in Australia’s largest urea project

The transaction represents the largest investment ever made in the Australian fertiliser industry

Mubadala invests in Avanse

UAE’s Mubadala Capital plans $13.5bn biofuels investment in Brazil: FT

Mubadala’s asset management arm is expanding its presence in Brazil, venturing into sectors such as transportation infrastructure, education, and fast-food franchises

Mubadala invests in Avanse

Mubadala invests in India’s Avanse Financial Services

Avanse, India’s second-largest NBFC in the education finance sector, provides hyper-personalised education financing solutions to students

Mubadala to acquire Kelix Bio Image WAM

Mubadala to acquire international biopharma firm KELIX bio

KELIX bio, founded in November 2020, has swiftly emerged as a key player in the pharmaceutical industry, offering more products to markets across the Middle East, Africa and Asia

Moove raises USD100m in series b round Image Moove

Moove raises $100m in Series B round: Mubadala, Uber invest

The funding comes after a year of significant growth for Moove that saw the company increase its annual recurring revenue to more than $115m

Cheyne Capital secures investment from Abu Dhabi’s ADIA

Abu Dhabi’s ADIA invests in private credit fund Cheyne Capital

The investment is for the ninth round of the Cheyne Real Estate Credit Holdings programme bringing ADIA’s total commitment to $831.3m

Abu Dhabi pushes deeper into AI with new investment firm

Abu Dhabi pushes deeper into AI with new investment firm

MGX counts Abu Dhabi wealth fund Mubadala Investment Company and Group 42 as its founding partners

UAE - GREECE

UAE-Greece talks: Masdar, Mubadala expand partnership

Trade volumes between the UAE and Greece surged by 6.2 per cent during the first nine months of 2023, underscoring the resilient bilateral economic relations

How GCC sovereign funds are accelerating growth

Why GCC wealth funds are becoming engines of regional growth

Sovereign funds in the GCC region are key to their respective governments’ national development plans and contribute to deploying national wealth in strategic sectors of interest

Mubadala lists dual currency bond on ADX

Abu Dhabi’s Mubadala lists $5.3bn dual currency bond on ADX

The listings include Mubadala’s debut green bond and the fund’s inaugural dirham-denominated bond

Airbus, Mubadala partner to mentor Emirati aerospace engineers

Airbus, Mubadala partner to mentor Emirati aerospace engineers

The planemaker has been present in the Middle East for over fifty years, working with a wide range of governments and airlines

Invest AD and Blackstone launch Private debt fund Image -courtesy-WAM

Mubadala-owned Invest AD, Blackstone launch private debt fund

The SCA-regulated fund will offer local feeder access to Blackstone’s US and European private credit strategies

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

An investment from Mubadala could help Manipal Hospitals to expand its business

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

DCT Abu Dhabi, Mubadala to invest Dhs50m in cultural industry

The collaboration presents an important commitment to fostering cultural programmes and initiatives

Mubadala and Khalifa University sign agreement - Image supplied

Khalifa University, Mubadala ink key sponsorship partnership

The financial sponsorship will contribute to the Khalifa University Fund to support research and development with advanced facilities

Mubadala allots $1bn to Blue Owl Capital’s credit platform

Mubadala commits $1bn to Blue Owl Capital’s credit platform

The investment will initially focus on providing financing for technology and software companies

UAE’s AGDA launches Centre for Climate Diplomacy

UAE’s AGDA launches Centre for Climate Diplomacy

The centre aims to emphasise the importance of research in guiding the UAE’s policies on climate change

Tabreed UAE

Tabreed named preferred bidder for one of India’s largest district cooling projects in Hyderabad

Tabreed was selected by the state government’s infrastructure development arm to provide district cooling services to Hyderabad Pharma City

Moove

Moove raises $76m with investment from Mubadala, BlackRock

The round brings total funding to over $335m since inception across equity and debt

GCC wealth funds are new bankers to the world

GCC wealth funds are new bankers to the world: Here’s why

The sovereign wealth funds from Saudi Arabia, Qatar and the UAE appear to have become go-to investors in difficult times for the global markets

Mubadala invests in Aligned Data Centers Image Mubadala Aligned

Mubadala invests in US-based Aligned Data Centers

With this investment, Mubadala will become a minority partner alongside majority partners managed by Macquarie Asset Management

Ajman ruler launches Masfout Development Project

Ajman’s Sheikh Humaid launches Masfout project

The project is based on several pillars including developing tourism projects and promoting the region and its history

Princeton Digital Group

Princeton Digital Group, Tata Power join forces for renewable energy supply to Indian data centre

The partnership aims to provide eco-friendly electricity to PDG’s data centre in Mumbai for a period of 25 years

MUBADALA partners with SAILGP

Mubadala and SailGP sign three year global partnership

The two organisations said the partnership will focus on SailGP’s ambition of becoming the most sustainable sport in the world

Kemi Badenoch in UAE for trade talks

UK trade secretary Kemi Badenoch rounds off Gulf trip with visit to the UAE

The British trade secretary’s visit to the UAE focused on growing bilateral economic relations and creating momentum for a UK-GCC trade deal