As an update to previous Council Updates on this topic, the U.S.-U.A.E. Business Council is pleased to announce that member firm Mubadala Investment Company formally began operations on 1 May 2017, concluding the successful merger of two of Abu Dhabi’s leading government-owned investment entities – The International Petroleum Investment Company (IPIC) and Mubadala Development Company (Mubadala).

This new institution has 68,000 employees, partnerships and businesses in 30+ countries, and a diverse portfolio of more than $125 billion in assets across 13 key sectors. For an infographic about this new entity, please click here.

To embark on this new era, the Mubadala Investment Company unveiled a fresh visual identity. As part of this identity, award-winning local calligraphy artist Dia’a Allam created an abstract illustration of the globe from the Arabic spelling of Mubadala, highlighting both the company’s local roots and global reach. For the story of this logo, please click here.

Mubadala Investment Company also launched a new website, which provides an updated overview of the new company and its investments.

For more information about the histories of Mubadala and IPIC, the structure of the newly created Mubadala Investment Company, and the implications of this merger for the U.A.E., please see the U.S.-U.A.E. Business Council’s primer here.