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Abu Dhabi 15-10-2019
In the presence of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and HE Vladimir Putin, President of the Russian Federation, Mubadala Investment Company and the Russian Direct Investment Fund gave a presentation highlighting their mutual investment deals. 45 deal .. During an exhibition held at the Palace of the homeland.
Mubadala has seen a significant expansion of its operations in Russia since 2013 when it established a $ 7 billion joint investment platform with the Russian Fund for Direct Investment, the agreement of which was signed in St. Petersburg in the presence of the President of the Russian Federation.
Mubadala, in partnership with the Russian Direct Investment Fund, has so far reached more than $ 2 billion in more than 45 deals in Russia.
In 2018, in line with Mubadala’s long-term commitment to this partnership, Mubadala has opened an office in Moscow, which will further strengthen the partnership and increase investment opportunities in Russia.
During the next phase, Mubadala looks forward to significantly increasing its joint investments with the Russian Fund for Direct Investment (FDI) and will focus in particular on priority sectors in line with Russia’s National Enterprise Program including technology, artificial intelligence and healthcare.
The exhibition focused on the positive impact of joint transactions in various areas such as improving the standard of living, technological development, enhancing efficiency, import substitutes, enhancing export opportunities, and developing infrastructure.
In 2014, Mubadala made its first joint investment with the Russian Fund for Direct Investment, which is its investment in the Moscow Stock Exchange. The Moscow Stock Exchange plays a key role in establishing a competitive international financial center in Moscow, while enabling local companies to obtain long-term financing.
In 2016, in partnership with the Russian Fund for Direct Investment, Mubadala established a platform for logistics infrastructure projects, BLT.
Today, the company is one of the top four operators of the first-class logistics complexes in Russia, managing an area of 0.5 / half / million square meters.
Mubadala aims to continue to invest in this company, enabling it to become a leading player in the industry with a portfolio of over 1 million square meters across the country.
In 2017, through the Mutual Fund, Mubadala invested in the development of cancer diagnostic and treatment centers in the region around Moscow. These unique medical facilities are equipped with state-of-the-art equipment and technology. Mubadala, in partnership with the Russian Fund for Direct Investment, developed similar facilities throughout Russia.
Also in 2017, Mubadala invested in the main airport in Saint Petersburg, Russia’s fourth busiest airport – Pulkovo. It is now working to further develop the airport’s infrastructure.
In partnership with the Russian Fund for Direct Investment (Mubadala), Mubadala jointly invested in the construction of ZapSep, Russia’s largest modern petrochemical facility and one of the top five polymer production projects in the world. The share of the Russian Fund for Direct Investment, generates stable investment returns, and contributes to the creation of 20,000 jobs in Russia .. The facility will be officially launched next year.
Mubadala, in partnership with the Russian Fund for Direct Investment (FDI), has acquired the port of Ust-Luke, a state-of-the-art offshore terminal for light petroleum product shipments, the only large-scale facility to ship liquefied natural gas (LNG) in the Baltic Sea. “Swap” in Russia so far.
One of the most recent joint investments is investing in Ivy, Russia’s leading provider of online video streaming services. This joint venture between Mubadala and the Russian Fund for Direct Investment will enable Ivy to develop its content through unique production capabilities. Through the use of studios in Russia, which will contribute to the consolidation of its leading position in the market / the company now holds 42% of the Russian market /.
