Mubadala continues to advance UAE’s knowledge-based economy: Sheikh Mansour
Long-term investment approach has created a vast array of opportunities
Abu Dhabi: Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of UAE, and Minister of the Presidential Court and Chairman of the Board of Directors of the Mubadala Investment Company, said that 2022 marked two decades since the government of Abu Dhabi established Mubadala to advance a national agenda focused on knowledge creation, innovation, and developing even greater opportunities for future generations.
“Since then, Mubadala’s commitment to that vision and its ability to further respond and support evolving national priorities has contributed to shaping the UAE and its place in the world today,” Sheikh Mansour said.
The company’s partnership philosophy, its agility and long-term responsible investment approach have created a vast array of opportunities for Emiratis that did not exist two decades ago, he indicated.
He also noted: “Importantly, the economic diversification Mubadala has enabled has also had a fundamental impact on more than 200 nationalities in our region’s most dynamic and competitive economy.”
Beyond sustainable economic growth and associated financial returns, Mubadala’s impact is evidenced by domestic world-class healthcare and education infrastructure; a diverse, forward-looking economic base; and global investment leadership across sectors shaping a sustainable and positive future, he noted.
Sheikh Mansour drew attention that the company’s capabilities and standing as one of the world’s largest responsible investors is essential as it embarks on new and highly ambitious programmes.
“As always, as we continue to advance the UAE’s knowledge-based economy, and we will do so in a way that pioneers and contributes to solutions for critical global challenges in sectors such as health innovation, the climate emergency and future energy sources,” Sheikh Mansour added.