Abu DhabiA global champion for economic growth in
14th largest state-owned investment fund globally
AED 460 bn ($125 bn)
combined total assets
About Mubadala Investment Company
On 21 January 2017, the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, as the ruler of Abu Dhabi, issued a law creating the Mubadala Investment Company, a company wholly owned by the government of Abu Dhabi. This new company will comprise both the International Petroleum Investment Company and Mubadala Development Company, and their respective assets. This law formalizes the 29 June 2016 announcement that IPIC and Mubadala would merge, a strategic decision intended to create an international investment powerhouse for Abu Dhabi.
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.