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Mubadala Investment Company PJSC (Arabic: شركة مبادلة للاستثمار), or simply Mubadala, is a state-owned global investment firm that acts as one of the sovereign wealth funds of the government of Abu Dhabi. The company was established in 2017 when then-named Mubadala Development Company (now Mamoura Diversified Global Holding ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
MGX was established in 2024 by the government of Abu Dhabi to channel investments into AI-driven technologies and startups and to foster innovation and drive economic growth within the region. [1] MGX was launched in March by two entities: global investment company Mubadala and an artificial intelligence firm G42.
Abu Dhabi's Mubadala Investment Co will deploy significant capital into artificial intelligence and space technology this year, its managing director said on Wednesday, committing the sovereign ...
(Reuters) -Abu Dhabi's Mubadala Capital will take CI Financial private in a C$12.1 billion ($8.66 billion) all-cash deal, including debt, the Canadian asset and wealth manager said on Monday.
Abu Dhabi sovereign fund Mubadala Investment Company has to pause investments in Russia, which represent less than 1% of its portfolio, its chief executive said on Monday. "What is happening in ...
Masdar (Arabic: مصدر), also known as the Abu Dhabi Future Energy Company, is an Emirati state-owned renewable energy company. It was founded and chaired by Sultan Al Jaber in 2006 as a subsidiary of Mubadala Investment Company .
However, the establishment of a dedicated investment vehicle for China raised concerns around G42 and Peng Xiao’s commitment to the US about divesting from China. [12] [13] In 2024, the Abu Dhabi government launched an investment firm specializing in AI technologies called MGX, with G42 and Mubadala as founding partners. [14]