Khaldoon Khalifa Al Mubarak, CEO of the Abu Dhabi government-owned Mubadala Investment Company, said today, Monday, that the company does not expect any change in its strategy and areas of investments in 2022.
Al Mubarak said at a conference that areas such as renewable energy sources, technology and life sciences would remain key areas for the Abu Dhabi government-owned investment company.
Al-Mubarak added: “There is no transformation in Our strategy in terms of areasFrom a short-term perspective, we are facing challenges…I think inflation is creeping into a lot of places.”
He expected that with the end of the Covid-19 pandemic, there will be strong liquidity globally, although potential interest rate increases will have repercussions.
Last September, Mubadala Investments, which manages $243 billion in assets, announced that the UAE intends to invest 10 billion pounds ($13.8 billion) in Britain over the next five years, in light of the long-standing trade relations between the two countries.
Mubadala stated that investing in the energy transmission, infrastructure, technology and life sciences industries in Britain represents an expansion of the sovereign investment partnership with the UK Investment Office.