Mubadala Development Company
Definition of 'Mubadala Development Company'A sovereign wealth fund established in 2002 as a public joint stock company by the government of Abu Dhabi, which remains its sole shareholder. Its mandate is the economic diversification of Abu Dhabi. |
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Investopedia explains 'Mubadala Development Company'Mubadala's investment strategy is focused on long-term, capital-intensive projects that deliver strong financial results and tangible social benefits to Abu Dhabi. Mubadala has a diverse portfolio, with investments in a number of sectors including aerospace, energy, healthcare, infrastructure, real estate and hospitality, and services. Its total assets are in the tens of billions in terms of U.S. dollars. |
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