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Mubadala Development Company

Company nameMubadala Development Company
Company typeJoint stock company (Government owned)
IndustryDiversified Investments
FoundedOctober 2002
HeadquartersAbu Dhabi
Key peopleHH Sheikh Mohammed bin Zayed Al Nahyan, Chairman
Khaldoon Khalifa Al Mubarak, CEO
Revenue(+) US$ 4.343 billion (2010)
Net income(-) US$ 0.307 billion (2010)
Total assets(+) US$ 27.622 billion (2010)
Total equity(+) US$ 16.910 billion (2010)
Employees700 (2011)

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Mubadala Development Company PJSC (Mubadala) was established in October 2002 as a Public Joint Stock Company and is a wholly owned investment vehicle of the Government of Abu Dhabi, in the United Arab Emirates.

Mubadala’s mandate is to facilitate the diversification of Abu Dhabi’s economy. Its focus is on managing long-term, capital-intensive investments that deliver strong financial returns and tangible social benefits for the Emirate. The company pursues opportunities with the potential to deliver strong social returns for Abu Dhabi as well as generating a commercial profit.

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