His Highness Sheikh Mohamed Bin Zayed Al Nahyan
Crown Prince of Abu Dhabi and Chairman of the Board
Under the guidance of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi, the diversification of the Emirate’s economy is an immediate priority for the Government of Abu Dhabi. In delivering against its commercial mandate, Mubadala contributes significantly to the implementation of that diversification process.
As its shareholder, the Government of Abu Dhabi highly values Mubadala for both its economic significance and commercial integrity, and expects the scale and diversity of its operations to continue to grow in the future.
The work of Mubadala as a catalyst for diversification is particularly important. Through partnerships with local and international organizations, Mubadala builds new businesses and in some cases entire new sectors within the economy of the Emirate of Abu Dhabi. These initiatives expand the economic base of the Emirate and in doing so promise to deliver greater stability and sustainability to its economic performance over time.
Through the patient and robust support of its shareholder, Mubadala is able to take a long term perspective when developing projects and deploying capital, both within the United Arab Emirates and internationally. This has helped to make it an important partner-of-choice for a number of the world’s leading companies, and we expect that approach and its associated benefits to continue.
At present, the Government of Abu Dhabi’s long term commitment to economic diversification represents the greatest single source of opportunity for Mubadala and its partners. The organization continues to excel in Abu Dhabi’s traditional areas of expertise such as energy and industrial development, while also charting new ground in a diverse and rapidly expanding range of industries.
I wish to thank the Board, executive leadership and all of the employees of Mubadala for their work in establishing such a dynamic and successful company with the potential to contribute so significantly to the growth and diversification of our economy.