UAE-UK Strategic Investment Partnership Announcement
September 16, 2021
On September 16th, Mubadala Investment Company and the UK Office for Investment signed an agreement at 10 Downing Street to expand the UAE-UK Sovereign Investment Partnership (SIP) originally launched in March.
Over the next five years, the UAE-UK SIP will drive a significant increase in investment across a further three sectors: technology, infrastructure, and energy transition, as well as build on the existing programme of life sciences investment.
As part of today's agreement the UAE has committed £10 billion via the UAE-UK SIP, overseen by the Office for Investment and Mubadala, one of the world's leading sovereign investors. This builds on Mubadala’s £800 million commitment and the UK Government’s £200 million to UK life sciences when the partnership was established in March.
Read more about this exciting partnership here.