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Lilly and Mubadala Bio announced a landmark agreement

Lilly and Mubadala Bio announce landmark agreement

ABU DHABI, United Arab Emirates, 20th October 2026 – Eli Lilly and Company (Lilly) and Mubadala Bio today announced a strategic collaboration to advance the localized packaging and logistics of Lilly’s GLP-1 medicines in Abu Dhabi, marking an important step in a shared commitment to advancing the Emirate’s growing life sciences ecosystem. The partnership was […]

Why Mubadala backed the new One&Only Private Residences in Abu Dhabi

New One&Only Private Residences

The new One&Only Private Residences will bring an ultra-luxury residential offering to Al Maryah Island, and the project pulls together three names that each carry weight in the UAE market. Mubadala Investment Company, the Abu Dhabi sovereign investor, is the master developer and steward of the island. TARAF, the real estate arm of Yas Holding, […]

Mubadala’s $250 million investment lifts Moove to a $2.1 billion value

Mubadala's $250 million investment

Mubadala’s $250 million investment now anchors Moove, the mobility company building the operating layer for driverless transport. The Series C round it led values the firm at $2.1 billion. Woven Capital, Toyota’s Growth Fund, and Ion Pacific co-led it. For the UAE, the deal ties a sovereign backer to a company that wants to run […]

$49 billion AI fund by Abu Dhabi’s MGX closes above its $45 billion target

$49 billion AI fund

$49 billion AI fund by Abu Dhabi’s MGX closed this week above its original target. The firm set out to raise $45 billion and finished the round with $49 billion. Investors from the Gulf, North America, Asia, and Europe supplied the new pool of capital. MGX said the fund gives backers exposure across the whole […]

Engine Repair Centre Developed in Al Ain to Lead Global MRO

Engine Repair Centre Developed

The engine repair centre developed in Al Ain marks a defining moment for the UAE aviation sector. Sanad, backed by Mubadala Investment Company, announced an AED480 million commitment to build a new Repair Centre of Excellence. The facility targets a position among the top five engine overhaul providers across the global MRO industry. Your understanding […]