Mubadala Development Company, commonly known as Mubadala, is a global investment company based in Abu Dhabi, United Arab Emirates. Established in 2002, Mubadala is wholly owned by the Government of Abu Dhabi and plays a crucial role in driving the economic diversification and sustainable development of the Emirate.
Mubadala's primary objective is to create long-term value and deliver sustainable financial returns for its shareholder, while also contributing to the economic growth and social development of Abu Dhabi. The company operates across various sectors, including aerospace, energy, healthcare, technology, and real estate, among others.
One of Mubadala's key focus areas is the aerospace industry. Through its subsidiary, Strata Manufacturing, Mubadala is involved in the production of advanced composite aerostructures for major aircraft manufacturers like Airbus and Boeing. Strata's state-of-the-art facility in Al Ain has become a global hub for aerospace manufacturing, contributing to the growth of the industry in the region.
In the energy sector, Mubadala has made significant investments in both conventional and renewable energy sources. The company has a strong presence in the oil and gas industry through its subsidiary, Mubadala Petroleum, which operates in several countries, including Malaysia, Indonesia, and Thailand. Mubadala is also actively involved in the development of renewable energy projects, such as the world's largest single-site solar project, Noor Abu Dhabi.
Mubadala's commitment to healthcare is evident through its investment in Cleveland Clinic Abu Dhabi, a world-class medical facility that provides advanced healthcare services to the region. The company also focuses on the development of cutting-edge technologies in healthcare, such as artificial intelligence and telemedicine, to enhance patient care and improve healthcare outcomes.
In the technology sector, Mubadala has made strategic investments in various companies, including semiconductor manufacturer GlobalFoundries and semiconductor design company AMD. These investments have not only contributed to the growth of the technology industry in Abu Dhabi but also positioned the Emirate as a global hub for advanced technology and innovation.
Mubadala is also actively involved in the real estate sector, with significant investments in iconic projects like the Abu Dhabi Global Market Square and the Reem Island development. These projects aim to create vibrant and sustainable communities that attract both local and international businesses and residents.
Beyond its investments, Mubadala is committed to corporate social responsibility and actively contributes to the social and economic development of Abu Dhabi. The company supports various initiatives in education, healthcare, and community development, with a focus on empowering youth and promoting sustainable practices.
In conclusion, Mubadala Development Company is a global investment company that plays a vital role in driving the economic diversification and sustainable development of Abu Dhabi. With its diverse portfolio of investments across sectors like aerospace, energy, healthcare, technology, and real estate, Mubadala is contributing to the growth of these industries in the region. Moreover, the company's commitment to corporate social responsibility ensures that it actively contributes to the social and economic well-being of Abu Dhabi and its residents.
