Mubadala Investment Company, an Abu Dhabi–based global sovereign investor, reported strong financial performance in its 2025 annual results.
Mubadala’s assets under management grew 17 per cent to AED1.4 trillion (US$385 billion), with annualised five- and ten-year returns exceeding ten per cent.
Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO, Mubadala Investment Company, said: “The strength of Mubadala’s performance in 2025 reflects the long-term strategy to invest in key sectors of growth in the UAE and abroad. That strategy and our portfolio performance over the last five and ten years mean Mubadala remains resilient and well positioned to weather the current challenges facing the regional and global economy.”
“For nearly a quarter of a century Mubadala has been investing in creating sector-based champions in the UAE and around the world. In 2025, we bolstered our AI capabilities in Abu Dhabi and continued to deploy capital underpinning the UAE’s vision of greater economic diversification. With our solid track record, we are confident we will emerge from these challenging times stronger than before.’’
Mubadala’s 2025 results reflect its success as a disciplined global capital platform, with assets under management increasing by 17 per cent year-on-year to AED1.4 trillion (US$385 billion). The company delivered annualised returns of 10.7 per cent over five years and 10.3 per cent over ten years, alongside a 20 per cent increase in capital deployed to AED143 billion (US$39 billion) and a 27 per cent rise in proceeds to AED138 billion (US$38 billion).
Carlos Obeid, Chief Financial Officer, Mubadala Investment Company, said: “2025 was another highly active year for Mubadala, with both deployment and proceeds reaching record levels, reflecting the scale and maturity of our investment platform across different asset classes and different geographies thereby contributing to the resilience of our balance sheet. Importantly, this was achieved while maintaining a robust liquidity position that is built on a consistent access to diversified sources of capital. This discipline provides us with the flexibility to remain resilient in a challenging global environment and to capitalise on opportunities arising from the shifting global economic landscape.
“2025 was also a particularly strong year for our domestic portfolio, reflecting the continued strength and momentum of the national economy. Our investments contributed AED45 billion to GDP, equivalent to 5.7 per cent of Abu Dhabi’s non-oil GDP and supported over 98,000 jobs directly and indirectly. This performance delivered exceptional returns, underscoring the resilience of the UAE’s economic foundation, as well as the pivotal role of sovereign capital in enabling the industries of the future.”
Globally, 2025 marked one of the most active years for Mubadala’s investment platforms, as the Group expanded the scope of its strategic investments through international partnerships across North America, Europe, and Asia, with a focus on key sectors including AI infrastructure, technology, healthcare, life sciences, and advanced industries.
Mubadala focuses on long-term value creation and, in line with its sovereign investment mandate, reports multi-year performance metrics. Since 2021, the company has not disclosed annual financial figures such as revenue and net income but has disclosed rolling five-year internal rate of return (IRR) and, in 2024, began publishing ten-year internal rate of return (IRR) figures, reflecting the long-term nature of its capital deployment.
