The Mubadala Development Company (Mubadala) is an investment and development company based in Abu Dhabi. Mubadala’s core strategy is to make long-term, capital intensive investments in order to fulfill its mandate of diversifying the Emirate from a single-sector economy, driven predominantly by oil and gas, into a multi-sector global economy that comprises a range of industries.

As an investment vehicle of the Abu Dhabi Government, Mubadala’s focus is on developing the key industry sectors of healthcare, technology, aerospace, energy, and real estate, and building links between them to ensure that the economy is fully integrated and sustainable.

Mubadala has invested in established companies such as the Carlyle Group and Ferrari or creating new ones by partnering with leading international organizations like Cleveland Clinic. It co-founded the LeasePlan EmiratesLeasePlan Emirates with the Netherlands-based LeasePlan Corporation in which Mubadala also acquired shares. It was also one of the founding members of Emirates Integrated Telecommunications Company (du)Emirates Integrated Telecommunications Company (du), the UAE’s second telecom operator.