In many ways, the Mubadala GE relationship exemplifies Mubadala’s partnership philosophy – to capitalize on investment opportunities in diverse industries alongside leading international companies and to become a stronger, more globally-integrated organization through long-term collaboration with partners.
Now in its fifth year, the Mubadala GE relationship has been a partnership in every respect and draws on the companies’ joint commitment to, and core expertise in, high-growth businesses such as commercial finance and clean energy. The relationship encompasses a broad range of initiatives, including in financial services, clean energy research and development, aviation and corporate learning. Mubadala is also one of GE’s largest shareholders.
As Mubadala enters its second decade as a company, there is much to learn from GE and its over 100-year history – and much to share as Mubadala builds on its deep regional knowledge to invest in the future of Abu Dhabi.
Mubadala & GE – A strategic global partnership
Key Highlights
Mubadala's and GE employees trained since the LAB opened in June 2010
Powered by GE engines
funded by Mubadala GE Capital globally
in funded assets by Mubadala GE Capital
Partnership Highlights
Commercial finance
Mubadala GE Capital (MGEC), a 50/50 joint venture established in 2010, provides commercial lending, equipment leasing, distribution and vendor finance solutions to businesses in the META region. The company also co-invests in opportunities generated by GE Capital’s top-tier global origination platforms in asset classes relevant to the UAE and META region.
Corporate Learning
The Abu Dhabi LAB, short for Leadership Acceleration for Business, is a jointly-founded executive leadership facility that provides advanced management and business leadership programs to high-performing Mubadala and GE employees across the Middle East, Africa and Asia.
Clean Energy Research & Development
GE’s first ‘ecomagination’ center will be based within Masdar City, which upon completion will be the first low carbon and sustainable city in the world. The center will focus on promoting sustainable business solutions that will support the development and deployment of new and innovative technologies, as well as raise awareness about energy conservation.
Aviation
In aerospace, GE Aviation and its affiliates provide technical support and services to members of Mubadala’s MRO network, and within the next several years Mubadala will become GE’s first global network partner overhaul shop for the next-generation GEnx engine.
