Abu Dhabi business groups Aldar and Mubadala Investment Company have joined hands to acquire Masdar City Square, a premium complex located near Zayed International Airport for AED918 million ($250 million). The project, which got competed in Q1, boasts over 47,000 sqm of net leasable area across seven office buildings.
Abu Dhabi-based Mubadala Investment Company has announced a significant minority investment in Luckin Coffee, alongside Centurium Capital, the company’s controlling shareholder, in a deal worth $1 billion. The investment comes as China’s coffee market continues to expand.
Embraer, a leading global aerospace company based in Brazil, and Abu Dhabi sovereign investor Mubadala Investment Company have signed an agreement to jointly explore long-term collaboration in aerospace manufacturing, maintenance, research and workforce development.
Abu Dhabi-based aerospace services company Sanad has reported a 35% jump in its revenue for the first half which soared to hit AED4.31 billion ($1.2 billion), driven by strong demand for engine maintenance services and the expansion of its asset management business.
Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired $200 million worth of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable which operates a 504 MW subsea electricity interconnector linking Great Britain with Ireland.
Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested $75 million in WHOOP, the human performance company.
Mubadala Investment Company, an Abu Dhabi-based global investor, today announced a significant minority investment in Power Factors, a leading renewable energy management suite (REMS) provider, alongside existing investor Vista Equity Partners.
Core42, an Abu Dhabi-based company specialising in sovereign cloud and AI infrastructure, has joined hands with Solutions+, an AI-driven shared services group, to deliver scalable cloud, data and AI infrastructure services across the Mubadala Group and Abu Dhabi government entities.
Mubadala and Tubacex have launched their Abu Dhabi joint venture, activating the region’s first Oil Country Tubular Goods (OCTG) manufacturing platform and TBX Nexxia brand, delivering advanced corrosion-resistant alloy solutions through an end-to-end industrial system.
Abu Dhabi-based Mubadala Energy has announced that it has made a final investment decision with Kimmeridge and Canada Pension Plan (CPP) for its Commonwealth LNG project that includes successful closing of $9.75 billion in project financing for construction of the 9.5 Mtpa gas export facility in Louisiana, US.
