Mubadala Investment Company, Abu Dhabi’s strategic investment arm, posted a 17 per cent rise in assets last year, driven by growth sectors in the UAE and abroad.
The value of assets under management at the end of 2025 climbed to Dh1.4 trillion ($385 billion), with annual returns of both five and 10-year investments exceeding 10 per cent, the company said on Thursday.
The performance “reflects the long-term strategy to invest in key sectors of growth in the UAE and abroad", said managing director and group chief executive Khaldoon Al Mubarak.
“That strategy and our portfolio performance over the past five and ten years means Mubadala remains resilient and well positioned to weather the current challenges facing the regional and global economy.”
The company is at the heart of Abu Dhabi's economic diversification agenda and invests on behalf of the emirate.
Capital deployed across strategic sectors grew 20 per cent on an annual basis to Dh143 billion. The company’s proceeds for the 12 months to the end of the December also grew 27 per cent to Dh138 billion.
"Through investments that enhance long-term competitiveness and open new horizons for growth and opportunity, the company demonstrates the pivotal role sovereign capital can play as a primary driver of progress on both national and global levels," said Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Mubadala board.
"For nearly a quarter of a century, Mubadala has continued to deliver sustainable value on a large scale, even amid market volatility and periods of uncertainty."
Sheikh Mansour attributed the fund's success to its "robust institutional structure, the competence of its workforce, its established business network and its reliable investment approach".
Mubadala's UAE investment platform was one of the significant contributors to Abu Dhabi's economic growth last year, adding Dh45 billion to gross domestic product, Mubadala said. The 5.7 per cent of Abu Dhabi’s non-oil GDP impact underpins Mubadala's “role in national value creation and economic diversification” the company said.
The sovereign fund also facilitated “inward capital flows, and accelerated the development of industries underpinning the nation’s long-term competitiveness”, it added.
The company also supported, directly and indirectly, the creation of 98,000 jobs in Abu Dhabi, a 51 per cent increase since 2021.
Mubadala, for almost two-and-a-half decades, has been investing in creating “sector-based champion” businesses in the UAE, as well as in markets abroad.
The investor, Mr Al Mubarak said, has bolstered its AI investments in Abu Dhabi and continued to deploy capital underpinning “the UAE’s vision of greater economic diversification”.
“With our solid track record, we are confident we will emerge from these challenging times stronger than before,” Mr Al Mubarak added.
'Determined and agile'
In a letter addressed to the Mubadala’s global partners at the end of March, Mr Al Mubarak said the company was drawing on the UAE's track record of navigating crises to turn disruption into opportunity.
“With a mandate to deliver transformational outcomes, and the support of our shareholder alongside partners around the world, we are adapting to near-term uncertainty while remaining focused on the future,” he wrote.
The Middle East war has triggered a global energy crisis disrupted global supply chains, however business activity has continued uninterrupted with sovereign investors from the UAE, Saudi Arabia and Qatar all executing deals last month.
Long-term capital commitments to the region also remain steady. Investment and wealth managers with more than $20 trillion are doubling down on their plans to expand presence in the UAE and the broader Middle Eastern region.
Deals spree
Mubadala, whose portfolio of investments spans future-focused sectors, including artificial intelligence, health care, advanced manufacturing and renewables, has been on a deal-making spree, executing several transactions this year.
In March, Mubadala and global private equity investor KKR said they are selling their stake in CoolIT Systems, a liquid cooling provider to data centres, in a deal valued at $4.75 billion.
Mubadala, along with Abu Dhabi investor 2PointZero Group, the Qatar Investment Authority, and a group of investors that included football star Cristiano Ronaldo, also participated in US wearable technology company Whoop’s series G $575 million in funding round. The deal valued the Boston-based company at $10.1 billion, Whoop said.
Other deals this year include a $170 million funding round for Dubai-based real estate aggregator Property Finder, as well as joining global investors in a $16 billion funding round for self-driving technology company Waymo in February.
Mubadala Energy also completed the acquisition of a 15 per cent stake in Egypt’s Nargis Offshore Area from Italian energy firm Eni to expand its portfolio in the Eastern Mediterranean.
