Musabbeh Al Kaabi (left), chief executive of UAE Investments at Mubadala, and Peng Xiao, group chief executive of G42, during the signing of the pact to establish a biopharmaceutical manufacturing campus in Abu Dhabi. Photo: G42
Musabbeh Al Kaabi (left), chief executive of UAE Investments at Mubadala, and Peng Xiao, group chief executive of G42, during the signing of the pact to establish a biopharmaceutical manufacturing campus in Abu Dhabi. Photo: G42
Musabbeh Al Kaabi (left), chief executive of UAE Investments at Mubadala, and Peng Xiao, group chief executive of G42, during the signing of the pact to establish a biopharmaceutical manufacturing campus in Abu Dhabi. Photo: G42
Musabbeh Al Kaabi (left), chief executive of UAE Investments at Mubadala, and Peng Xiao, group chief executive of G42, during the signing of the pact to establish a biopharmaceutical manufacturing cam

Mubadala teams up with G42 to set up a biopharma manufacturing campus in Abu Dhabi


Alkesh Sharma
  • English
  • Arabic

Abu Dhabi’s Mubadala Investment Company has joined forces with Group 42, the artificial intelligence and cloud computing company, to set up a biopharmaceutical manufacturing campus (Biopharma Campus) in the UAE capital.

The new facility will tap into global vaccine and therapeutic products to strengthen regional supply chains and drive forward the country's diversification and economic growth agenda, the organisations said in a joint statement on Wednesday.

“Through the establishment of this campus in partnership with G42 and our group companies, we are investing in innovation and reinforcing Abu Dhabi’s rapidly developing life sciences ecosystem,” said Musabbeh Al Kaabi, chief executive of UAE Investments at Mubadala.

Bringing cutting-edge manufacturing technologies to the UAE will not only strengthen the Emirates’ biopharma supply chain and pandemic response, but also provide opportunities for local talent development and long-term, sustainable economic growth, he added.

The agreement reflects Mubadala’s ambition of developing a sustainable and resilient healthcare and life science ecosystem within Abu Dhabi. The Biopharma Campus will invest in and establish biopharma initiatives.

“There is a massive opportunity for pharma and healthcare companies to leverage AI and cloud technologies to improve their processes … we at G42 are very pleased to be partnering with Mubadala to build on the respective strengths and further accelerating the development of the UAE’s life sciences ecosystem,” said Peng Xiao, group chief executive of G42.

Global supply shortages and the limited amount of advanced manufacturing activity within the region has resulted in biopharmaceuticals becoming a high growth market (with 10 per cent compound annual growth rate over the past five years) and a priority investment area for Mubadala within the life sciences sector, Abu Dhabi’s sovereign wealth fund said.

The new campus will focus on end-to-end manufacturing of advanced biologics and host anchor partnerships with Contract Manufacturing and Development Organisations. A CDMO model enables manufacturers to work with innovators, reducing product risk and enabling economies of scale.

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Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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Director: Lulu Wang

Stars: Awkwafina, Zhao Shuzhen, Diana Lin, Tzi Ma

Four stars

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La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

Indika
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Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

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  • Power: 640hp
  • Torque: 760nm
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  • Price: Not announced yet
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Sand storm

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  • Source: Can be carried from distant regions
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
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  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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RB Leipzig 2 (Klostermann 24', Schick 68')

Hertha Berlin 2 (Grujic 9', Piatek 82' pen)

Man of the match Matheus Cunha (Hertha Berlin

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Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

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Who's who in Yemen conflict

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Updated: December 23, 2021, 8:39 AM