Press Releases

New Abu Dhabi shareholder brings new alliance for Ferrari

27 July 2005

Ferrari enters strategic alliance following purchase of five percent stake by Mubadala, an Abu Dhabi government investment group Maranello, Wednesday 27th July, 2005 – Ferrari and Mubadala Development Company - a principal investment company wholly owned by the Government of Abu Dhabi - have...

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Mubadala development and shell sign MOU to form strategic alliance

12 June 2005

HH General Sheikh Mohammed bin Zayed Al Nahyan attended today a ceremony held at his palace to sign a Memorandum of Understanding (MOU) between Mubadala Development Company, a wholly-owned investment and development vehicle of the Government of the Emirate of Abu Dhabi, and Shell EP...

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ADWEA awards 10-year IT outsourcing contract to Injazat Data Systems

11 June 2005

The Abu Dhabi Water and Electricity Authority (ADWEA) has signed today a Memorandum of Understanding with Injazat Data Systems awarding Injazat a 10 year IT outsourcing services deal to manage all of ADWEA’s information technology requirements, including the transfer of over 150 of ADWEA Group’s...

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Mubadala development signs heads of agreement for the Mukhaizna oil field in Oman

01 May 2005

The Abu Dhabi based Mubadala Development Company further expanded its oil & gas global portfolio after its wholly owned subsidiary, Liwa Energy Limited, and Occidental Petroleum Corporation (OXY) signed Heads of Agreement with the Ministry of Oil & Gas in the Sultanate of Oman, governing...

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Mubadala development awards “diabetes center” building project management contract to AlDar properties

13 March 2005

Mubadala Development Company has appointed ALDAR Properties PJSC as project manager for the construction of the Imperial College London Diabetes Center building in Abu Dhabi on a turnkey basis.

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Mubadala joins Oman oil company in the development of the Salalah methanol project

20 February 2005

Oman Oil Company S.A.O.C. (OOC) and Mubadala Development Company, an Abu Dhabi-based company reached agreement to jointly develop a planned methanol project in the Port of Salalah Free Zone.

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Mubadala awarded exploration licenses in Libya

02 January 2005

Mubadala awarded exploration licenses in Libya Mubadala teams up with Occidental, Woodside for exploration of promising blocks in the North African country

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Mubadala, Imperial College London sign cooperation accord

14 December 2004

Imperial College London Diabetes Centre in Abu Dhabi poised to stem UAE’s rising prevalence in diabetes Mubadala Development Company and Imperial College London signed today a framework agreement on mutual cooperation in the fields of education, healthcare, research & development and...

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