Saturday , February 25 2017

Mubadala board endorses new structure

 

ABU DHABI / WAM

Mubadala Investment Company, the newly-formed strategic investment company wholly owned by the government of Abu Dhabi, announced that its Board of Directors, chaired by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and its vice-chairman, HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the UAE and Minister of Presidential Affairs, has endorsed the organisational structure of the new company and its senior management team.
The decision was made at the Board meeting on 15th February chaired by HH Sheikh Mansour.
The company will be organised across four investment platforms of significant scale: Petroleum and Petrochemicals; Technology, Manufacturing and Mining; Aerospace, Information and Communications Technology, and Renewables;
and Alternative Investments and Infrastructure.
The company’s four investment platforms will help accelerate diversification of the Abu Dhabi economy, through strategic investments across critical sectors within the UAE and abroad.

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