"This puts us in a unique position to realize
value and further opportunities in 2010," Al Mubarak said.
Mubadala, with a stake in the U.S. company Carlyle Group, has signed
cooperation agreements with virtually every Western major, including Boeing,
EADS, Lockheed Martin and Northrop Grumman.
Executives reported that revenues in 2009 — $3.8 billion — were nearly double that of the previous
year. In 2008, Mubadala reported a loss of more than $3 billion.
Mubadala has also invested in Switzerland's SR Technics, which maintains
and overhauls aircraft. The UAE company also controls much of the regional
energy market through Dolphin Energy, responsible for bringing natural gas
to the UAE.
"We have a robust portfolio of businesses, a solid pipeline of projects,
ready access to diverse sources of funding coupled with strong support from
our shareholder," Al Mubarak said. "This puts us in a unique position to
realise value and further opportunities in 2010."