Mubadala Investment Company, Abu Dhabi’s strategic investment arm, reported a 9.5% surge in its assets under management for 2023, reaching Dh1.11 trillion ($302.2 billion). The increase reflects the company's strategic investments in industries shaping the future, including artificial intelligence and clean energy. During the year, Mubadala invested Dh89 billion in AI, technology, digital infrastructure, life sciences, and clean energy, expanding its private credit business to enhance its portfolio. 

The company executed a monetization strategy, generating Dh99 billion in total proceeds through divestments and capital recycling into priority investment areas. Sheikh Mansour bin Zayed highlighted Mubadala's role in advancing the UAE's national agenda and fostering innovation in the economy, emphasizing its contribution to the global economy. Khaldoon Al Mubarak, the group chief executive, emphasized Mubadala's commitment to investments essential for global growth and innovation, strengthening partnerships and presence in key markets worldwide.