According to a statement received by “Mubasher” a copy of it, the total comprehensive income (attributable to the owner) increased in 2020 to 72 billion dirhams, compared to 53 billion dirhams in 2019.
This is the largest annual gross income in the company’s history, and several factors have contributed to it, the most important of which are the growth of the stock portfolio, the performance of its investment funds, and the growth of its assets in various business sectors.
The current assets of the group at the end of the year amounted to 894 billion dirhams, compared to 853 billion dirhams in 2019.
She indicated that 34 percent of Mubadala’s investment portfolio is direct and indirect investments in private companies, 29 percent of which is in listed stocks and 14 percent in real estate and infrastructure, in addition to other investments.
In 2020, Mubadala achieved 104 billion dirhams through the sale of a number of its investment assets and investment returns inside and outside the country, including the sale of 39 percent of its stake in Borealis to OMV, with a value of 16.7 billion dirhams. A single deal in the history of the company.
Mubadala has invested AED 108 billion in new projects.
Investments during 2020 played an important role in promoting this strategy, including long-term technology investment agreements with Silver Lake.
This is in addition to investments in life sciences with BCI Pharma in the United States, and in the consumer goods and communications sector with the Reliance Group in India, as well as new investments in Apax Partners, Citadel and Eye Squared Capital and CVC.