As a global investor, we stand side-by-side with the UAE government and international community as we collectively respond to the COVID-19 pandemic.
There has never been a more important time for business and government to come together and help communities, health organizations and agencies tackle the critical challenges society has been facing. In 2020, our efforts focused on supporting the UAE and international communities where we have operating assets. In March, Mubadala launched #WeAreDedicated, a comprehensive global effort across all of our portfolio companies, to ensure efficient delivery of support.
Locally, we supported the UAE government through our Mubadala Healthcare facilities, by
Several of our partner companies have made progress on potential treatments for COVID-19, including:
A clinical-stage immunology company.
A company specialized in reengineering drug discovery through digital biology.
Best known for at-home genetic testing for disease-risk gene.
Manages health systems for governments and health organizations.
Mubadala Capital, our financial investment arm, also provided support by:
Donating USD $ 250,000 to the Mayor’s Fund to support New York City’s response to COVID-1.
Financing ward renovations at the San Francisco Hospital in Brazil, allocating USD $2 million to support the country in its response to the pandemic and donating food and hygiene kits to vulnerable communities through BrazilFoundation.
Donating USD 250,000 to five charities in Russia to support the most vulnerable people in
the country, including critically ill children, orphans, people with disabilities, the homeless, and the
elderly.
GLOBALFOUNDRIES
GLOBALFOUNDRIES, a Mubadala-owned company, was designated as an essential manufacturer by the State of New York, offering USD $1 million in donations to communities and personal protective equipment (PPE) for healthcare workers.
Mubadala Petroleum also provided funding for instant water heaters for medical staff in a government hospital in Kuala Lumpur; enabling the purchase of medical monitoring equipment and donating PPE in Thailand; and donating hand sanitizer kits to underprivileged residents and PPE to medical staff in six hospitals treating COVID-19 patients in Indonesia.
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