This is the first Golden Ball to go for auction
"We have done 15 to 16 different investments today, mostly centred in Silicon Valley," Al Muhairi said, adding that areas of investment included artificial intelligence and biotechnology. "Those businesses will be incredibly disruptive," he said.
In October, Mubadala said it had launched a venture capital arm that would oversee an early growth fund set up with SoftBank and a fund of funds focusing on emerging fund managers.
Al Muhairi said the 15 to 16 technology investments were made as part of Mubadala's partnership with SoftBank, and that the Vision Fund was involved in some of them.
Mubadala is looking at new sectors for investment, such as transportation and roads globally, he said, adding that the state fund could also exit some investments by next year.
Mubadala, which managed Dh465.5 billion ($127 billion) at the end of June, has indicated before that it could list its unit Emirates Global Aluminium (EGA), one of the world's biggest aluminium producers, next year. - Reuters
This is the first Golden Ball to go for auction
Facility showcases its exciting proposition at the 2024 arabian travel market
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The mayor of Seoul also extended a cordial invitation to the RTA to participate in the upcoming Seoul Smart Life Week
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When the Paris opening ceremony begins on July 26, it will be the first time the city has played host for a century after previous editions in 1924 and 1900
This decision to invite players outside of the top 100 has precedents which is an interesting initiative to watch