Presenting Mubadala
March 2013
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© Mubadala Development Company PJSC 2013
Sara Al Shorouqi
Sr. Manager, Communications – Aerospace
Mubadala
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© Mubadala Development Company PJSC 2013
“We must not rely on oil alone as the main
source of our national income. We have to
diversify the sources of our revenue and
construct economic projects that will ensure a
free, stable, and dignified life for the people of
this country.”
Sheikh Zayed bin Sultan Al Nahyan
Founder of the UAE
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About Abu Dhabi
The United Arab Emirates (UAE) is a
federation of seven Emirates situated on
the Arabian peninsula
The Emirate of Abu Dhabi has a population
of 2.1 million and holds 9% of the world’s oil
reserves and 5% of the
world’s gas reserves
Abu Dhabi city is the capital of the UAE
In 2007, the Abu Dhabi Government
identified a number of priority areas to drive
the diversification of the economy
and reduce the country’s reliance
on hydrocarbons
Today, 48% of Abu Dhabi’s total
GDP is non-oil & gas related
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About Mubadala
A principal agent in the process
of economic diversification
Formed in 2002 and 100% owned
by the Government of Abu Dhabi
H.H. Sheikh Mohamed Bin Zayed Al
Nahyan, Abu Dhabi’s Crown Prince,
is Chairman of the Board of Directors
Mandated to strengthen Abu Dhabi’s growth
potential, and to help the Government meet
its socioeconomic targets
Focused on investment and development
across multiple sectors, with a portfolio
valued at more than US$50 billion
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Investment Approach
Mubadala is an active investor in sectors and geographies that hold exciting potential and tangible returns.
UAE Headquartered
► Establishing and incubating
UAE-based businesses that:
►
►
Diversify and grow Abu
Dhabi’s non-oil GDP
Develop Abu Dhabi’s social
infrastructure
Commercially Focused
► Investing in businesses,
projects and initiatives that:
Globally Integrated
► Creating a global network
of businesses that:
►
Promise long term
commercial returns
►
►
Provide access to unique
intellectual property
►
Support the growth of the
UAE economy
Maintain Abu Dhabi’s
competitive advantage
in high-growth sectors
In partnership with world-class organizations:
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Global Footprint
40%
owned Torresol
Energy
inaugurates
solar plant in
Spain
100%
owned
GlobalFoundries
opened its 8th fab
in Malta, New
York in 2012
10
15 million
Abu Dhabi,
UAE
concessions
operated by
Mubadala
Petroleum in
Thailand
Etisalat Nigeria
subscribers
US $2 bn
stake in Brazil’s
EBX Group
33,000 employees within the Mubadala Group, with
more than half employed outside the UAE
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Financial Performance
Mubadala has one of the strongest credit ratings in the Middle East – reflecting the strength of the Group’s
portfolio and the continuing support of its Shareholder
2012 HY Financial Highlights
Over $50 billion in assets
under management
Robust corporate governance
and business operating
standards
Highest level of legal and
ethical compliance
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Global Platforms
Mubadala is building upon Abu Dhabi’s competitive
advantages to build businesses, alongside
established international partners, in multiple sectors
including aerospace, metals, oil & gas,
semiconductors, real estate and renewable energy.
Many of these investments have seen Mubadala
expand its presence in emerging markets,
in recognition of the long term opportunities
and growth potential that they offer.
#2
GLOBALFOUNDRIES is the
second largest semiconductor
foundry, by revenues, in the world
3.5%
EMAL contributed more than
AED 9 billion to Abu Dhabi’s
GDP in 2011, increasing non-oil
GDP by 3.5%
Zero
Mubadala Petroleum recorded
0 spills of more than one barrel
in their 2011 operating activity
Aerospace
Industry, Metals & Mining
Oil & Gas
Renewable Energy
Information & Communications
Technology
Semiconductors
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Aerospace
Mubadala is driving the development of the
aerospace sector in Abu Dhabi
Creating a network of leading, globally-integrated businesses
delivering capability across:
– Maintenance, repair, and overhaul (MRO)
– Original equipment manufacturing (OEM)
– Aerostructures manufacturing
– Flight training
Investing in education, training, and research and development
initiatives that underpin the sector’s development
#1
ADAT is the largest
third-party MRO provider
in the
Middle East
21k
Size of Strata
manufacturing facility in
Al Ain (m²)
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Horizon trained
50 Etihad Emirati
cadet pilots in 2011
Portfolio Highlights: Abu Dhabi Aircraft Technologies (ADAT) • Advanced Military Maintenance, Repair, and Overhaul Centre (AMMROC)
• Horizon Flight Academy • Nibras Al Ain Aerospace Park • PiaggioAero SpA • Sanad Aero Solutions • SR Technics • STRATA
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Industry, Metals & Mining
Mubadala is leading the development of global industrial
champions in the metals and mining sector in Abu Dhabi
►
Nurturing primary and downstream businesses while securing
upstream resources, including supplies of carbon, bauxite
and alumina
3.5%
Increase in
Abu Dhabi's
non-oil GDP
2,700
Direct jobs
created in the
UAE to date
1.3m
Annual production
capacity of EMAL postcompletion of Phase II
(tonnes)
Mubadala also manages a portfolio of industrial interests
including utilities
Portfolio Highlights: Emirates Aluminium (EMAL) • Guinea Alumina Corporation • Suyadi • Tabreed
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Oil & Gas
Mubadala Petroleum is exploring, appraising, developing,
and producing oil and gas resources in the Middle East,
North Africa, and Central and Southeast Asia
►
140.4m
Managing assets and operations, at all stages of the upstream
value chain, across the Eastern Hemisphere
►
Deploying operational experience and technical expertise,
honed in the UAE, across a portfolio that spans 12 countries
►
Leveraging commercial and government relationships to
secure new opportunities
Barrels of oil
equivalent in WIP
during 2011
385k
Barrels of oil
equivalent in
WIP per day
during 2011
0
Spills of more
than 1 barrel
Portfolio Highlights: Dolphin Energy • Emirates LNG • Petrofac Emirates • Tatweer Petroleum
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Renewables
Masdar is advancing the development, commercialization
and deployment of renewable energy solutions
and clean technologies
►
Establishing Abu Dhabi as a global center of excellence in the
renewable energy and clean technology sector
►
Channeling the emirate’s hydrocarbon resources to maintain
and evolve Abu Dhabi’s leadership position in the world
energy market
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Research &
Development
projects
100MW
Capacity of Shams 1,
flagship solar project
in Abu Dhabi
19.9MW
Capacity of Torresol
concentrated
solar power plant
in Spain
Portfolio Highlights: London Array • Masdar City • Masdar Institute • Shams 1 • Torresol Energy
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Information & Communications Technology
Mubadala is providing world-class satellite communications,
technology and telecoms infrastructure for the MENA region
►
85
Countries where Yahsat
offers satellite services
15m
Subscribers achieved
by Etisalat Nigeria
45%
Market share achieved
by du
Building the advanced technology and communications
infrastructure required to support Abu Dhabi’s growth including:
►
The region’s first multi-purpose satellite communications
system
►
An integrated telecommunications provider – offering mobile,
fixed line, internet and pay TV
Portfolio Highlights: Bayanat • du – Emirates Integrated Communications • Etisalat Nigeria • Injazat Data Systems • Al Yah Satellite
Communications Company (Yahsat)
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Semiconductors
Advanced Technology Investment Company (ATIC) is
establishing Abu Dhabi as a key player in the global
semiconductor industry
►
Facilitating the creation of an advanced technology research
and development hub in Abu Dhabi
►
Operating manufacturing centers in Germany, the United States
and Singapore – ensuring flexible and secure supply
►
Working alongside major research, development and design
enablement facilities in the United States, Europe and Asia
#2
GLOBALFOUNDRIES
is now the second
largest foundry, by
revenues, in the world
100%
stake in
GLOBALFOUNDRIES
since March 2012
150
global customers served
by 8 Fabs
Portfolio Highlights: Calxeda • GLOBALFOUNDRIES • Intermolecular
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Social Infrastructure Investments
Mubadala is also investing in projects which deliver
clear socioeconomic benefits to Abu Dhabi, such as
human capital development and the growth of the local
private sector.
This investment also extends to the establishment,
construction and provision of social infrastructure in
Abu Dhabi, particularly in the sectors of healthcare and
real estate, in support of the Abu Dhabi Government’s
development strategy.
10k
jobs created in Abu Dhabi,
with plans to add another
8,000 by 2020
85k
patients registered with
Imperial College London
Diabetes Centre
20k
students can be educated
at three Mubadala-built
universities
Healthcare
Real Estate
Human Capital
Services
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Healthcare
Mubadala is creating a thriving private healthcare sector for
the Emirate, providing world-class facilities for residents
►
Improving regional access to world-class healthcare facilities,
and reducing the need for patients to travel overseas
►
Providing specialist facilities that address regional healthcare
issues, such as diabetes
5.6k
surgical procedures
Performed at Abu Dhabi
Knee & Sports Medicine
Centre
4k
tests available at National
Reference Laboratory
85k
registered patients
at the Imperial College
London Diabetes Centre
Portfolio Highlights: Abu Dhabi Knee and Sports Medicine Centre • Capital Health Screening Centre • Cleveland Clinic Abu Dhabi •
Imperial College London Diabetes Centre • Healthpoint • National Reference Laboratory • Tawam Molecular Imaging Centre • Wooridul
Spine Centre
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Real Estate and Infrastructure
Mubadala is managing social and commercial infrastructure
projects, predominantly focused on Abu Dhabi
►
Developing the physical and social infrastructure required
to underpin a well-organized and rapidly evolving society
►
Focusing on projects that are designed, built and operated
to international standards of quality, functionality and
sustainability – including a world-class Central Business
District for Abu Dhabi and a series of educational
infrastructure projects
15k
students at UAE
University’s new campus
6k
students at Zayed
University's new
Abu Dhabi campus
100%
of retail space at The
Galleria at Sowwah
Square leased by top
global brands
Portfolio Highlights: Al Maabar • Al Maryah Island • Khadamat • Paris-Sorbonne University, Abu Dhabi • PF Emirates Interiors •
Rosewood Abu Dhabi • Sowwah Square • UAE University • Viceroy Hotel Group • Viceroy Maldives • Zayed University, Abu Dhabi
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Services
Mubadala is investing in services sectors that directly enable
the Emirate’s growth
►
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Building and managing businesses across services industries,
including financial services, transportation & logistics,
and defense
Providing speed to market, economies of scale and greater
operational efficiencies
2.5m
annual container
throughput (TEU’s) for
phase one of Khalifa Port
container terminal
55%
increase in profitability
at Abu Dhabi Terminals
52%
of loan book value
granted to Emirati
nationals by Abu Dhabi
Finance
Portfolio Highlights: Abu Dhabi Finance • Abu Dhabi Terminals • Agility Abu Dhabi • Al Taif Technical Services • Dunia Finance •
Emirates Ships Investment Company (Eships) • LeasePlan Emirates • Mesirow Investment Management Partners • Mubadala Pramerica
Real Estate Investors
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Investments
Mubadala invests throughout the capital structure in a diversified portfolio of global public and private
securities, pursuing a value-oriented investment approach with a primary focus on the creation of long term
value and a bias towards capital preservation.
Private & Public Market Investments
Mubadala Capital manages the Group’s public and
private market investments, in companies such as GE,
The Carlyle Group and EBX Group.
These investments are helping to drive collaboration
across multiple industry verticals.
Fund Investments
Mubadala Capital also manages the Group’s LP/fund
activities and a number of GP ownership positions,
including Related and Verno Capital.
These investments are helping to reduce volatility
across the portfolio.
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Thank You
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