December 11, 2023

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Mubadala continues to advance UAE’s knowledge-based economic system: Sheikh Mansour

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Abu Dhabi: Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of UAE, and Minister of the Presidential Court docket and Chairman of the Board of Administrators of the Mubadala Funding Firm, stated that 2022 marked 20 years for the reason that authorities of Abu Dhabi established Mubadala to advance a nationwide agenda targeted on information creation, innovation, and creating even higher alternatives for future generations.

“Since then, Mubadala’s dedication to that imaginative and prescient and its capacity to additional reply and assist evolving nationwide priorities has assisted in shaping the UAE and its place on the planet as we speak,” Sheikh Mansour stated.

The corporate’s partnership philosophy, its agility and long-term accountable funding method have created an unlimited array of alternatives for Emiratis that didn’t exist 20 years in the past, he indicated.

He additionally famous: “Importantly, the financial diversification Mubadala has enabled has additionally had a elementary influence on greater than 200 nationalities in our area’s most dynamic and aggressive economic system.”

Past sustainable financial development and related monetary returns, Mubadala’s influence is evidenced by home world-class healthcare and training infrastructure; a various, forward-looking financial base; and world funding management throughout sectors shaping a sustainable and optimistic future, he famous.

Sheikh Mansour drew consideration that the corporate’s capabilities and standing as one of many world’s largest accountable buyers is crucial because it embarks on new and extremely bold programmes.

“As at all times, as we proceed to advance the UAE’s knowledge-based economic system, and we’ll accomplish that in a method that pioneers and contributes to options for essential world challenges in sectors akin to well being innovation, the local weather emergency and future power sources,” Sheikh Mansour added.

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