Press Releases

The Abu Dhabi future energy company (adfec) signs a cooperative agreement with the Massachusetts institute of Technology

25 February 2007

The Abu Dhabi Future Energy Company (ADFEC), a wholly owned subsidiary of Mubadala Development Company, signed a cooperative agreement with the Massachusetts Institute of Technology (MIT) at a press conference held today at the Emirates Palace, to establish the Masdar Institute of Science and...

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Mubadala awards contract to Siemens to build & operate the first molecular imaging center in the region

06 February 2007

In the presence of Her Excellency Angela Merkel, the German Chancellor, Mubadala Development Company, and investment and development vehicle wholly owned by the Government of the Emirates of Abu Dhabi, has signed a contract with Siemens Medical Solutions to build and operate a specialist...

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Mubadala welcomes Formula One Stars in Abu Dhabi

04 February 2007

Ferrari’s Kimi Raikkonen and Felipe Massa engage with fans at Abu Dhabi’s Marina Mall.

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Mubadala sponsored Ferrari team speed into Abu Dhabi

02 February 2007

Formula One racing superstars Kimi Raikkonen and Felipe Massa to appear at Marina Mall

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Mubadala development awarded Algeria’s new 1227mw thermal power plant

01 February 2007

Mubadala Development Company, an investment and development vehicle established and wholly owned by the Government of the Emirate of Abu Dhabi, today announced the financial close on the USD$900Million development of a 1227 MW gas-fired thermal power plant in the province of Tipaza, Algeria.

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