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September 2011

Mubadala ‘increasing positions in the developing world’, says COO

Waleed Al Muhairi, COO of Mubadala, speaks about building a $27 billion state investment vehicle focused on developmental as well as financial returns. He also discusses the Abu Dhabi firm’s strategy to expand investments into new sectors and to increase exposure to emerging markets.


for further stories on the Middle East
What revolution means for Arab banks
Bankers yearn for stability after the Arab Spring
Lebanon’s lost opportunity
Egypt: Banking on a revolution
Bahrain: Like Wall Street, but now with guns
Mubadala sets a model for Middle East wealth funds
Since its inception almost 10 years ago Mubadala has grown to manage over AED100 billion ($27 billion) in assets. How did you get to that stage?

Let’s start with what Mubadala is. Mubadala is an investment company wholly owned by the government of Abu Dhabi. This in many ways colours its outlook on the world and therefore its investment thesis and strategy. Essentially what we do is deploy capital, not only for financial gain but also to help advance the diversification efforts of Abu Dhabi’s economy.

We always have a dual mandate. Here...


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