image description
image description

Archives


  • 23-11-21

    Mubadala in Abu Dhabi aims to focus on advancing companies’ portfolio in UAE

    (MENAFN) Mubadala Investment Corporation, strategic investment support of UAE capital’s Abu Dhabi, is concentrated on development of its portfolio firms in the Emirate UAE and is aiming at investment and forming collaborations in life sciences and high-tech manufacturing industries.

    On Sunday the head of Mubadala’s UAE clusters, Badr Al Olama reported to The National on the sidelines of Global Manufacturing and Industrialization Summit, “at the moment, we are going to grow our assets more than anything else and that is the focus of our portfolio companies: growth, growth and growth.”

    Mubadala aims to make its UAE portfolio firms “not just national, but global champions”, and is driving to enlarge outside of the UAE, he stated, mentioning it is vital to grow its mark, taking into account the international competitive environment.

    He also stated, “when you realise that you are competing with a chain of operations that is spread across a continent, or various continents, your competitiveness reduces.”

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved