Mubadala sponsors the fourth edition of GMIS

Mubadala Investment Corporation, a sovereign investor based in Abu Dhabi, announced that it will be the title sponsor of the Global Manufacturing and Industrialization Summit (GMIS) for the fourth consecutive time. Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the fourth event will be held concurrently with the Dubai World Expo from November 22 to 27.

Focus on the subject Rewiring society: reusing digitalization to promote prosperity, This event will explore how to use the Fourth Industrial Revolution (4IR) to increase the productivity of the entire manufacturing ecosystem and create shared value for global organizations. The summit will also host the UAE’s first technology-driven manufacturing exhibition to showcase the latest innovations in technology and products.

Mubadala’s involvement will allow the organization to highlight the recent changes in its domestic champion companies, including Strata Manufacturing (Strata), Al Yah Satellite Communications Company (Yahsat) and Sanad Group (Sanad). As industry partners of GMIS, these three companies have strengthened Mubadala’s role in promoting the country’s commitment to economic transformation.

Umayma Abubakar, Director of Executive Communication and Corporate Center, Said: “We are proud to announce that we are the title sponsor of the fourth edition of GMIS. As a summit focused on the latest trends and innovative solutions in the manufacturing industry, Mubadala’s participation will emphasize our progress in technology and industry. , To clarify our growth strategy and have a tangible impact on the global community, in line with our goal of positioning the UAE as a global advanced technology center.”

“As the event is held concurrently with the Expo 2020, we look forward to exploring more opportunities for cooperation with public and private entities and contributing to the economic growth and diversification of the UAE.”

Before Mubadala sponsored GMIS 2021, the sovereign wealth fund paid more attention to technology and manufacturing, including its role in the consortium, and invested a total of US$2.25 billion in Waymo, a self-driving technology company under Google’s parent company Alphabet. Waymo is self-driving A recognized leader in the field of technology, and the only self-driving car company that provides public ride-hailing services. In addition, in Mubadala’s 2020 global and collective response to COVID-19, Strata provided Japan with masks produced in the UAE to support Japan’s national efforts in responding to the pandemic and protecting frontline medical staff.

Mubadala also expanded investment in advanced digital technologies by acquiring shares in G42, a UAE-born global leader in artificial intelligence, big data and cloud computing. From genomics to smart country, from financial technology to space, G42 accelerates the development of the country in terms of technological progress.