Mubadala Investment Company (“Mubadala”), an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results.
Assets under management grew 17% in 2025 to AED 1.4 trillion (US$385 billion), with annualized five- and ten-year returns exceeding 10%.
“The strength of Mubadala’s performance in 2025 reflects the long-term strategy to invest in key sectors of growth in the UAE and abroad. That strategy and our portfolio performance over the last five and ten years means Mubadala remains resilient and well positioned to weather the current challenges facing the regional and global economy,” said Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO.
“For nearly a quarter of a century Mubadala has been investing in creating sector-based champions in the UAE and around the world. In 2025, we bolstered our AI capabilities in Abu Dhabi and continued to deploy capital underpinning the UAE’s vision of greater economic diversification. With our solid track record, we are confident we will emerge from these challenging times stronger than before.”
Key Financial Highlights:
Mubadala’s 2025 results reflect its success as a disciplined global capital platform:
- Assets under management grew 17% year-over-year to AED 1.4 trillion (US$385 billion).
- Five- and ten-year annualized rates of return were 10.7% and 10.3% respectively.
- Capital deployed grew 20% to AED 143 billion (US$39 billion).
- Proceeds grew 27% to AED 138 billion (US$38 billion).
“2025 was another highly active year for Mubadala, with both deployment and proceeds reaching record levels, reflecting the scale and maturity of our investment platform across different asset classes and different geographies thereby contributing to the resilience of our balance sheet,” said Carlos Obeid, Chief Financial Officer. “Importantly, this was achieved while maintaining a robust liquidity position that is built on a consistent access to diversified sources of capital. This discipline provides us with the flexibility to remain resilient in a challenging global environment and to capitalize on opportunities arising from the shifting global economic landscape.”
Financial Reporting
Mubadala focuses on long-term value creation and, in line with its sovereign investment mandate, reports multi-year performance metrics. Since 2021, the company has not disclosed annual financial figures such as revenue and net income but has disclosed rolling 5-year IRR and, in 2024, began publishing 10-year IRR figures, reflecting the long-term nature of its capital deployment.
The Annual Review 2025 can be viewed here https://annual2025.mubadala.com/.
