ABU DHABI / WAM The Global Manufacturing and Industrialisation Summit (GMIS 2017), aerospace leaders have highlighted the importance of the aerospace industry as a major contributor to global Gross Domestic Product, adding that the international air transport alone contributes US$2.7 trillion. They also discussed the future of the aerospace industry that supports 10 million people globally through direct employment, …

  ABU DHABI / WAM Strata, the advanced composite aerostructures manufacturing company, wholly owned by Mubadala Development Company, and Aciturri Aeronautica, a tier 1 supplier for aeronautic industry OEM’s, signed an MoU to collaborate on contributing to the advancement of the global aerospace sector by strengthening vital supply chain capabilities and bilateral ties between Spain and the United Arab Emirates. …

  Abu Dhabi / WAM The profit of Mubadala Development Company (Mubadala) the Abu Dhabi-based investment and development company, increased AED 3.3 billion for the year 2016 from AED 1.2 billion in 2015 and the revenues to AED 31.5 billion from AED29.7 billion. This is primarily due to higher revenues from companies within Mubadala’s semiconductor, aerospace and healthcare portfolios, according to …