Mubadala Investment plays pivotal role in strengthening UAE’s progress, national economy: Mansour bin Zayed

ABU DHABI / WAM

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Mubadala Investment Company Board, affirmed that the company has been contributing for over two decades to supporting the UAE National Agenda and enhancing the development journey of the UAE.
“Alongside its active and constructive contribution to the global economy, Mubadala adopts a forward-looking vision aimed at developing a knowledge-based and innovative national economy,” His Highness Sheikh Mansour added.
In the opening speech of Mubadala Investment Company’s 2023 Annual Report, Sheikh Mansour said that President His Highness Sheikh Mohamed bin Zayed Al Nahyan has played a pivotal role in creating quality opportunities for human resources in Mubadala during his leadership of the company in an important stage of its growth journey, forging strong and solid global relationships and partnerships worldwide.
He added that the priorities in the coming decades focus on achieving continuous expansion of the UAE’s economy and enhancing its connection with the global economy.
He said, “Mubadala and its global partners have succeeded during the past year in achieving several accomplishments across key business sectors in various parts of the world.”
His Highness Sheikh Mansour pointed out that as part of this strategic direction, Mubadala was keen during 2023 to continue expanding its global investments in sectors contributing to shaping the future, such as artificial intelligence, clean energy, life sciences, private credit, and advanced manufacturing.
He stated that the company, through its investments in all these sectors, continued to solidify the competitive edge of the UAE, supporting its national strategy aimed at establishing new global value chains that enhance the country’s presence and position as a nexus between the East and West, and between its northern and southern regions.
His Highness added that Mubadala’s investments in these sectors are based on a commitment to partnership and responsible investing, which is in line with the UAE’s dedication to enhancing international cooperation, advancing its interests, and promoting global progress.
His Highness highlighted Mubadala’s efforts in providing opportunities for Emirati nationals and residents from over 200 different nationalities.
He said, “We are pleased to see many outstanding individuals who began their careers in the company, now leading institutions and vital initiatives that contribute to shaping the future of our national economy, and our leadership in globally significant fields and issues.”
His Highness Sheikh Mansour bin Zayed Al Nahyan added that Mubadala’s achievements contribute to driving the paths of development in the UAE and enhancing them.
He expressed his gratitude to Khaldoon Khalifa Al Mubarak, Managing Director and Group Chief Executive Officer of Mubadala Investment Company, his team, and their global partners, for their steadfast commitment to leading its journey amid complex global challenges.
“I am pleased to continue leading the company alongside my brothers on the board of directors during this important stage, in which the UAE advances with ambitious and confident steps, relying on the exceptional legacy and insightful vision of the late Sheikh Zayed bin Sultan Al Nahyan,” His Highness said.

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