Performance lifted by UAE portfolio and global deals, keeping returns above 10%.
Dubai: Mubadala’s AUM climbed 17% to Dh1.4 trillion in 2025, fueled by strong UAE investments and steady global performance.
Demonstrating resilience in volatile markets, the sovereign investor achieved five- and ten-year annualised returns of 10.7% and 10.3%. Capital deployment rose 20% to Dh143 billion, with proceeds up 27% to Dh138 billion, driven by active portfolio management and exits.
UAE Platform Drives Value Creation
Growth was anchored by Mubadala’s UAE investments platform, which continues to be a key driver of economic diversification and job creation. Its portfolio contributed Dh45 billion to GDP—equivalent to 5.7% of Abu Dhabi’s non-oil economy—while supporting approximately 98,000 jobs, a 51% increase since 2021.
Expansion across sectors remained broad. Mubadala advanced initiatives in life sciences, renewable energy, real estate, and digital health, including the launch of Mubadala Bio and a major expansion of Abu Dhabi’s financial district on Al Maryah Island. Strategic partnerships in healthcare data integration and clean energy underscore a push into future-facing industries aligned with national priorities.
Capital Deployment Remains Elevated
Investment activity hit record levels, with the group deploying capital across North America, Europe, and Asia in sectors including private credit, infrastructure, healthcare, and technology. Key transactions included a $1 billion credit partnership with Fortress, investments in global education and energy-efficiency platforms, and ongoing support for artificial intelligence initiatives through MGX.
Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO, said:
“Mubadala’s strong performance in 2025 reflects our long-term strategy to invest in key growth sectors both in the UAE and internationally. Combined with our five- and ten-year portfolio performance, this strategy ensures Mubadala remains resilient and well-positioned to navigate current regional and global economic challenges.”
Carlos Obeid, Chief Financial Officer, added:
“2025 was another highly active year, with record capital deployment and proceeds, demonstrating the scale and maturity of our investment platform across asset classes and geographies. Crucially, this was achieved while maintaining robust liquidity through diversified capital sources, providing the flexibility to stay resilient and seize opportunities amid a shifting global economic landscape.”
Emphasizing long-term results, the company now reports rolling internal rate of return figures rather than conventional yearly profits.
