The establishment of Mubadala Investment Company and its identity are closely linked to the vision of the late Sheikh Zayed bin Sultan Al Nahyan - the founding father of the United Arab Emirates.
Sheikh Zayed said, "We must not rely on oil alone as the main source of our national income. We have to diversify the sources of our revenue and construct economic projects that will ensure a free, stable and dignified life for the people of this country."
In the 1950’s he established a progressive governmental structure and guided the prudent deployment of oil revenues to enable the creation of schools, hospitals and infrastructure.
This set the foundation for Abu Dhabi’s diversified and globally connected economic base, and the government-owned institutions that were ultimately created to help deliver his vision.
In 1984, International Petroleum Investment Company was created to advance Abu Dhabi’s natural petroleum wealth for the development of the emirate. Mubadala Development Company followed in 2002 to further the diversification of the economy.
Both became active, worldwide investors across multiple sectors, driving the growth and development of today’s Abu Dhabi.
In 2016, as Abu Dhabi pivoted toward the next phase of its diversification agenda, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, issued a decree. This decree initiated the merger of Mubadala Development Company and the International Petroleum Investment Company to establish Mubadala Investment Company.
The year also saw mergers take place across the finance and investment, energy and higher education sectors that created a stronger and more efficient set of institutions equipped to drive Abu Dhabi’s progress for decades to come.
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, issued a law formalizing the creation of Mubadala Investment Company, an entity wholly owned by the Government of Abu Dhabi.
Today, we operate a diverse portfolio that includes the management of diverse financial holdings and a number of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining, renewable energy and utilities.
We are building on legacy expertise in oil and gas to invest across the hydrocarbon spectrum from exploration and production extending downstream to refining and petrochemicals. We are also enhancing the UAE’s growth potential through investments and partnerships in healthcare, real estate and defense services that span more than 30 countries globally.
We are continuing the vision of our nation’s founding father and furthering our shareholder’s strategic objective of a globally integrated and diversified economy for Abu Dhabi.
Mubadala is a global investment company owned by the Government of Abu Dhabi.
Our strategy is to grow and manage a resilient and diversified portfolio with a mandate to create sustainable financial returns, furthering our shareholder’s strategic objective of a globally integrated and diversified economy.
Our values are at the core of everything we do at Mubadala. They shape our corporate culture and define the character of our organization.
Our people live by the values of Accountability, Inspiration, Integrity and Partnership.
Internally, these values define exemplary behavior that is celebrated through our employee recognition program, and are used to measure employee performance.
Externally, our values serve as a benchmark for aligning with like-minded business partners who share our commitment to best-in-class corporate governance, transparency, ethics and world-class standards.
As a global investment company, our business has evolved in line with Abu Dhabi’s focus on global integration and economic diversification. Mubadala operates at the forefront of a rapidly growing knowledge-based economy and our strength lies in our people.
We attract and retain top talent and we seek to cultivate a diverse work environment and workforce, which is critical to meeting the unique needs of the communities in which we operate. We invest in programs to build the capabilities of our people at every level, equipping them with the skills and knowledge to drive our organization forward.
This is an investment not only in the future of our people, but that of Mubadala and the United Arab Emirates.
Our values – Accountability, Integrity, Inspiration and Partnership – define our culture, and guide us in our daily work and in how we do business. As such, they are an intrinsic part of our DNA.
What underpins ourvalues is a shared purpose, which we view as a differentiating strength that contributes to our ongoing success. Whichever part of the business they work in, it is our people who make Mubadala unique.
Therefore, we are committed to building a high-performance culture that encourages the continuous development of talent, shapes the next generation of leaders, and inspires individuals to continually achieve exceptional results while delivering sustainable shareholder value.