Mubadala Investment Co. Plans to Focus on Investment in Asia
Mubadala Investment Company, the sovereign wealth fund of Abu Dhabi, announced plans to focus on Investment in Asia this year. China is recovering from the pandemic faster-than-expected and India's economic growth is expected to rise sharply. The company's CEO Khaldoon Khalifa Al Mubarak told Bloomberg that they will observe how markets react.
The Abu Dhabi-based Mubadala Investment Co. CEO Khaldoon Khalifa Al Mubarak disclosed plans for listing Emirates Global Aluminium (EGA), which is a joint venture between Mubadala and the Investment Corporation of Dubai. The company has also acquired Dental Care Alliance, a US support organisation for about 300 dental practices.
According to available information, the company has assets worth $284 billion and major shareholder Mubadala Investment Co Pjsc acquired 80,035 shares of the stock in a transaction dated Thursday, January 5th.
The chairman of the board of directors of the Mubadala Investment Company, chaired the meeting of the executive committee of the company's board, where a decision was taken to acquire Dental Care Alliance. The acquisition is expected to strengthen the company's portfolio and create new opportunities in the healthcare sector.
Mubadala Investment Company is one of the most active investors in the life sciences space and is committed to providing new opportunities for its portfolio companies. The company has invested in several startups and has also signed a deal with its investor Mubadala Investment Company PJSC to establish a secure supply chain and will construct a world-class logistics hub.
The company has also made Investment in several sectors including energy, real estate, infrastructure, financial services, healthcare, and technology. The company has acquired stakes in companies such as DEWA, Mubadala Aerospace, and Mubadala Petroleum.
Mubadala Investment Company has also made Investment in technology companies such as Uber, SoftBank, and Microsoft. The company has also invested in several startups such as Fetch Robotics, Cogito, and Airbnb.
Mubadala Investment Company is also actively involved in international collaborations. The company has recently announced a partnership with the Singaporean government to create a technology hub in Singapore. The company is also working with the governments of China and India to create innovative solutions for the energy sector.
The company has also made Investment in the education sector. The company has invested in several universities and colleges in the United Arab Emirates and beyond. The company has also invested in several schools and universities in the United States.