2021-11-23 12:05:00
MUBADALA RENEWABLE INVESTMENT $243 BLN
AN- November 22, 2021 - DUBAI: Abu Dhabi’s sovereign fund Mubadala will not change its investment strategy in 2022, keeping a focus on renewables, technology, and life sciences, its CEO Khaldoon Khalifa Al-Mubarak said.
The Mubadala chief noted some challenges in the short-term, including inflation that is “creeping in many places,” he said speaking as part of a panel at the ongoing Global Manufacturing and Industrial Summit in Dubai.
But Al-Mubarak said there will be “no shift in terms of our strategy” in 2022, expecting stronger liquidity globally as economies come out of the COVID-19 pandemic.
The Abu Dhabi fund, which manages $243 billion in assets, plays an important role in the UAE capital’s push to diversify its income sources away from oil.
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Earlier:
2021, November, 18, 13:25:00
UAE, RUSSIA HYDROGEN COOPERATION
The UAE's Ministry of Industry and Advanced Technology signed a memorandum of understanding with Russia's Ministry of Industry and Trade on the sidelines of ADIPEC conference in Abu Dhabi,
2021, November, 18, 13:10:00
UAE RENEWABLE PROJECTS 30 GW
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2021, November, 9, 16:45:00
UAE, IRENA RENEWABLE PLATFORM
The UAE and the International Renewable Energy Agency (IRENA) announced the launch of the global platform on the sidelines of COP26, in Glasgow, the United Kingdom.
2021, November, 9, 16:40:00
UAE NET ZERO
The Abu Dhabi Department of Energy confirmed key sector initiatives over the next decade to help accelerate the UAE’s sustainable economic growth while supporting its ambitious Net Zero By 2050 Strategic Initiative, during COP26 in Glasgow.
