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What is International Petroleum Investment Company mean?
Mubadala Investment Company PJSC (Arabic: شركة مبادلة للاستثمار) (Mubadala) is an Emirati state-owned holding company that can be characterized as a sovereign wealth fund. The organization is strongly connected to Mohamed bin Zayed, crown prince of Abu Dhabi.
It was established in 2017 when then-named Mubadala Development Company (now Mamoura Diversified Global Holding) and the International Petroleum Investment Company (IPIC) merged. It is a wholly owned investment vehicle of the government of Abu Dhabi, in the United Arab Emirates. Reportedly, Mubadala Investment was formed after Khadem al-Qubaisi, ex-managing director of IPIC, was arrested over his and the company’s involvement in the 1MDB scandal.
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|---|---|
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| International Petroleum Investment Company | Business |
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| Implicit Parallel Instruction Computing | Computing |
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| Industrial Property Information Center | Governmental |
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| Intellectual Property Institute of Canada | Regional |
Posted on 23 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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