Press "Enter" to skip to content

Abu Dhabi’s Mubadala expects unchanged investment strategy in 2022

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 22, 2021

(Refiles to fix dateline)

By Saeed Azhar and Davide Barbuscia

DUBAI (Reuters) -Abu Dhabi state investor Mubadala, which manages $243 billion in assets, expects no change in its investment strategy and themes in 2022, group chief executive Khaldoon Khalifa Al Mubarak said on Monday.

Other News:   January 6 Protester Sends Letter From Jail, Begs for Help, Says ‘Police Repeatedly Tried to Incite a Riot’ — You Can Donate HERE

Areas such as renewables, technology and life sciences will continue to remain themes for the state investor, Al Mubarak said at a conference.

“Thematically there is no shift in terms of our strategy,” Al Mubarak said. “From a short-term perspective, yes there are challenges ahead. I think inflation is creeping in many places.”

Other News:   Preparing For The New Holocaust: China’s Authoritarianism Is On The Rise, Is America’s Left Next?

With the world coming out of the COVID-19 pandemic there is strong liquidity globally, though potential increases to interest rates would have implications, he added.

(Reporting by Saeed Azhar and Davide BarbusciaEditing by Louise Heavens and David Goodman)

To continue reading this news article, follow the link to the news website.

For any inquiries, contact Amnon Free Press (Amnon Jobi Jakony) by writing to editor [at] Discover a world of hyper-local news below.

Other News:   The Hollowing Out of the Academy

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *