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Sovereign Wealth Funds Briefing - Categorized | Market

Advanced Technology Investment Company integrated into Mubadala Development Company

Posted on 17 February 2011

Mubadala Development Company (Mubadala) announced that the Advanced Technology Investment Company (ATIC) has become a wholly owned business of Mubadala.
“With common executive leadership and the Government of Abu Dhabi as shareholder of both organizations, ATIC’s integration into Mubadala will further drive the creation of innovative industries for the benefit of Abu Dhabi and the UAE,” said Waleed al Muhairi, COO of Mubadala……………………………………….Full Press Release: Source

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