Press Releases

6-sq km site allocated for usd6b Mubadala-Dubal Smelter

12 July 2006

Various key activities have picked up a rapid pace for the development of the USD6-billion world class Abu Dhabi smelter complex. The project is being jointly developed by Mubadala Development Company and Dubai Aluminium Company (DUBAL).

Read more

New Piaggio Aero shareholder underpins future growth

19 April 2006

Piaggio Aero Industries S.p.A., one of the world’s leading aerospace companies, today announced that Mubadala Development, a principal investment company wholly owned by the Government of the Emirates of Abu Dhabi, had acquired 35% of the equity of Piaggio Aero.

Read more

Mubadala awarded first exploration block in Oman

08 April 2006

Mubadala Development Company, today announced that its wholly owned oil & gas subsidiary Liwa Energy Ltd (Liwa), was awarded a significant interest in a new production sharing contract area, Block 54, in southeastern Oman.

Read more

Abu Dhabi economy to benefit from new sustainability and renewable energy initiative

14 March 2006

“Al Masdar” Initiative to research, develop and commercialize advanced Technologies to sustain Long Term Economic Growth

Read more

Mubadala and Dubai Aluminum company sign landmark deal for strategic aluminum alliance

18 February 2006

In a landmark strategic alliance, Dubai Aluminium Company DUBAL, one of the world’s largest aluminium producers, and Mubadala Development Company, a wholly-owned investment vehicle of the Government of the Emirate of Abu Dhabi, have signed a joint protocol (JP) and a joint development agreement...

Read more

Mubadala development and snc-lavalin chosen as the winning bidder for the $900 million Algeria’s Hadjret Ennous ipp

26 December 2005

Abu Dhabi-based Mubadala Development Company has entered into a Joint Bidding Agreement (JBA) with SNC-Lavalin Inc., the preferred bidder for a project to build, own and operate a 1,200 Megawatt power generation plant at Hadjret Ennous in western Algeria.

Read more

Rolls-Royce and Mubadala sign MOU to form strategic alliance

21 November 2005

Rolls-Royce plc and Mubadala Development Company, the wholly-owned investment and development vehicle of the Government of Abu Dhabi, yesterday signed a Memorandum of Understanding (MoU) to jointly identify and deploy commercial opportunities in aerospace, marine, industrial and renewable...

Read more