Rosewood Abu Dhabi to Offer Limited Collection of Completed Residences for Private Ownership on Al Maryah Island
Mubadala Investment Company (“Mubadala”), an Abu Dhabi sovereign investor, and Rosewood Abu Dhabi today announced that a limited collection of completed residences, Rosewood Residences Abu Dhabi, will be offered for private ownership for the first time. The 73 residences will be released to market in Q4 2026, creating a distinctive opportunity to own a home […]
Mubadala’s $250 million investment lifts Moove to a $2.1 billion value
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 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
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 […]
