Record investment by Mubadala in 2020, potential aluminium IPO

April 12, 2021

Abu Dhabi state investor Mubadala [AUM $232 billion] invested a record amount in 2020 [undisclosed] as it doubled down on growth sectors including life sciences, technology, mobility, digital infrastructure. In particular, Mubadala CEO says that Emirates Global Aluminium, which is owned by Mubadala and Investment Corp of Dubai, is well placed for an initial public offering.