Mubadala Abu Dhabi
What is the Mubadala Abu Dhabi?
Oil won’t last forever, that is why we need to diversify our economy.”
This is the philosophy which served as the driving force behind the foundation of Mubadala Abu Dhabi.
Established and owned by the government, this amazing company was built in the year 2002 to protect the future of Abu Dhabi and has been growing continuously since that year.
The Mubadala Development Company is the number one investment and business development company in Abu Dhabi.
It serves as an impetus for diversification of the country’s economy.
In simple terms, it serves as a catalyst for change.
This is a business committed to identifying opportunities and bringing them to life. Driven by the needs of the people of Abu Dhabi, the company started with a challenge and this challenge is to construct a subsea pipeline which would bring inexpensive and clean gas that would serve as fuel to the emerging industry of Abu Dhabi.
This is also known as the Dolphin Energy or the Dolphin Project.
As mentioned above, Dolphin Energy seeks to further reduce the impact of the main product by optimizing and capturing the by-products of the production process.
Another reason for the foundation of this company is to bridge the gap between UAE and Abu Dhabi.
They explored possibilities on how to utilize energy in much smarter ways which would result in a ripple effect.
This ripple effect would then result in the flourishing of other businesses in Abu Dhabi therefore boosting the country’s economy. Mubadala Abu Dhabi has a clear vision for the future generations.
Abu Dhabi is where East meets West, that is why this country has the opportunity to be an aerospace hub. Mubadala has an aerospace unit whose purpose is to increase Abu Dhabi’s presence in the aviation and aerospace industries in addition to building the intellectual property and knowledge base of the country.
This is directly attributed to the government’s vision of a 2020 mandate to diversify the community. And because Mubadala has ventured in this industry, many jobs and opportunities became available for the people of Abu Dhabi and ergo, the economy flourishes even more.
Aside from these amazing industries, the company has also ventured in different industries such as service ventures, where they team up with carefully selected organizations in areas such as financial services, logistics and defense services. They also ventured in real estate and hospitality which would answer the country’s needs for quality residential and business accommodations.
There is also infrastructure which will be the main enabler of the Emirate’s transformation. This venture would help to ensure that the surface and social infrastructure is well developed and would always support the process of economic transformation.
Mubadala also embarked on information and communications technology. This unit manages a portfolio of investments that create a sustainable IT and telecommunication sector in the country.
Most important of all is their venture in healthcare, that is specifically dedicated to providing high value and economically sustainable projects which would effectively increase the efficiency of the private healthcare institution of Abu Dhbai. The company continuously evolves and delivers to its people. The plan is to make Mubadala a global institution that would serve as a model for other countries.
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