Reaffirming its ambitious strategy, Mubadala, the Abu Dhabi investment arm, has revealed its focus on artificial intelligence and advanced technology to strengthen its position as a leading global investor and build a diversified and sustainable economy for the UAE.
Introduction: A strategic vision for a global future
Ahmed Al Calily, chief strategy and risk officer at Mubadala, emphasized that the company’s pioneering investments in areas such as artificial intelligence and advanced technology aim to achieve its vision of becoming a leading long-term global investor. Amid rapid global changes, Abu Dhabi’s strategic investment arm is keen to enhance its role and active contributions to efforts aimed at building a strong and diversified economic future for the United Arab Emirates through investments in strategic sectors that shape the future.
Al Calily told the Emirates News Agency (WAM) that investments in vital sectors such as artificial intelligence, semiconductors, life sciences, financial markets, and energy, in addition to establishing globally competitive national companies, allow Mubadala to achieve its goals.
Artificial intelligence: The next big driver
These statements reinforce what Al Calily said in January of last year, when he stressed that “artificial intelligence is definitely the next big driver and game changer.” He added: “It is the next changer for the consumer and for enterprises. This is the future; you cannot escape it.” This vision is now translating into tangible investments and a clear strategy that places Mubadala at the heart of the global artificial intelligence revolution.
Mubadala is no longer just a financial investor, but has become an active player in shaping the global technology ecosystem. Through its investments, it seeks not only to achieve financial returns, but also aims to transfer knowledge, build capabilities, and create synergy between its global portfolio companies and national enterprises in the UAE.
Expanding horizons: From clean energy to life sciences
Mubadala continues to expand its investments in sectors such as clean energy, healthcare, and life sciences. In May, Mubadala launched a new pharmaceutical company, boosting the UAE’s manufacturing sector and raising the status of the UAE healthcare industry on the global stage. The production capacity of “Mubadala Bio” will reach more than 2.5 billion tablets and capsules, and 120 million units of intravenous solutions and injections.
This diversity in investments reflects a deep understanding that the future will not be shaped by a single technology alone, but through the intersection of multiple sectors. Artificial intelligence, for example, has transformative applications in drug discovery, energy management, and financial market analysis.
Strong financial performance supports ambitions
This ambitious vision is backed by strong financial performance. In its 2024 annual report, Mubadala’s assets increased by 9.1 percent year-on-year to reach AED 1.2 trillion, and it achieved a 33.7 percent year-on-year increase in deployment of investments to reach AED 119 billion. Revenues from investments and asset dispositions also increased by 10 percent year-on-year to reach AED 109 billion. These strong figures provide Mubadala with the resources needed to continue its bold, long-term investments in the technologies that will define the 21st century.
Conclusion: Building a knowledge-based economy
Mubadala’s strategy highlights a deeper transformation taking place in the United Arab Emirates—the shift from a resource-dependent economy to a knowledge- and innovation-based economy. By strategically investing in artificial intelligence and advanced technology, Mubadala not only secures its financial future, but also directly contributes to building a sustainable and prosperous future for its homeland, positioning the UAE as a leading global hub for innovation and technology.
