Merging Mubadala and IPIC is the right decision for Abu Dhabi. It brings together two of the emirate’s most significant investment companies into one global investment powerhouse. The scale, balanced portfolio and expertise of the combined entity will bring commercial opportunities across more strategic sectors all over the world, underpinning the emirate’s long-term economic diversification.
Through a joint committee, Mubadala and IPIC are working as equals on the merger process. Further updates will be available in the coming months while both entities continue to operate in a separate, “business as usual” manner with our partners, assets and other stakeholders until the merger is complete.