Mubadala Investment Company, one of the world’s largest sovereign wealth funds, reported a 17% increase in assets under management, reaching $385 billion in 2025. The Abu Dhabi-based fund attributed the growth primarily to the strong performance of its portfolio within the United Arab Emirates.

Khaldoon Khalifa Al Mubarak, Mubadala’s managing director and group CEO, highlighted that the fund’s long-term investment strategy in key growth sectors both domestically and internationally has contributed to its resilience amid regional and global economic challenges. He noted that the company’s annualized rates of return over five and ten years have exceeded 10%.

Capital deployment grew by 20% compared to the previous year, totaling 143 billion dirhams, while proceeds from investments rose 27% to 138 billion dirhams. Mubadala continues to play a significant role alongside other Abu Dhabi-based investment entities, such as the Abu Dhabi Investment Authority and L’Imad Holding, in supporting the UAE’s efforts to diversify its economy away from hydrocarbon dependence.

Around a quarter of Mubadala’s investments are concentrated within the UAE, with U.S. holdings constituting the largest segment at 44% of the portfolio. The fund is focusing on emerging fields such as artificial intelligence and robotics, viewing these sectors as pivotal for industrial growth and future investments. Its recent initiatives include expanding its technology portfolio to include stakes in semiconductor companies, data centers, and AI infrastructure.

In addition, Mubadala increased its ownership stake in Aldar Properties, the largest real estate developer in Abu Dhabi. By asset class, private equity accounts for 42% of Mubadala’s portfolio, followed by 20% in public equities, with real estate and infrastructure investments representing 17% in 2025.