Mubadala Development Company (Mubadala) is a principal investment vehicle of Emirate of Abu Dhabi. In 2005, Mubadala acquired 5% stake in Ferrari S.p.A and sponsor Ferrari F1 team - "Scuderia Ferrari" the following year. The strategic collaboration of two world class organisation has opened the window of opportunity for Mubadala to participate in one of the world most prestigious motorsport and Ferrari continues to dominate its pole position in F1 with financial backing heavyweights from Mubadala. Mubadala diversified investments portfolio in energy, healthcare, technoloy and recently in aerospace, creating a global aerospace hub in the U.A.E through relationship with Piaggo Aero/ Ferrari parent.
U.A.E - United Arab Emirates is one of the Gulf Cooperation Council(GCC) member countries together with Kuwait; Baharin;Qatar; Oman and Saudi Arabia.Majority of them are OPEC member except Baharin and Oman. Qatar has the second highest GDP/capita $USD 109,881.
U.A.E - Etihad Airways , Abu Dhabi Commercial Bank,Ferrari World Abu Dhabi Theme Park, Mubadala /Ferrari , Abu Dhabi Investment Authority (Sovereign Wealth Fund )
Baharin - Baharin International Circuit hosing Grand Prix F1 in 14 March 2010, Al Salam Bank
Qatar - Al Jazeera HQ, Dakar Rally, Powerboat World Championship , Qatar Airways,Asian Finance Bank, Qatar Investment Authority, Largest ceramic products exporter including false dentures which early Gulf countries pearl industry as supporting sector has collapsed
Saudi Arabia - Al Rahji one of the world largest Islamic bank
Kuwait - Iraq invasion in 1990 during Gulf War despite the fact Kuwait has been financing Iraq during Iraq-Iran war for 8 years ( 1980 -1988 ), Kuwait Finance House( Bank)
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