ArmInfo. The director general of one of the largest international investment companies MUBADALA and the president of Manchester City football club, the champion of the English Premier League 2018/19, Khaldun Khalifa al-Mubarak and the President of Armenia Armen Sargsyan discussed the possibility of implementing programs in Armenia aimed at developing football in the country. This is stated in an official statement by the head of state.
In particular, Khaldun Khalifa al-Mubarak presented the President of Armenia the activities of The City Football Group holding, which also owns Manchester City football club. In addition, during the meeting, the parties discussed the prospects of cooperation with MUBADALA and the possibility of implementing investment programs by the company in Armenia.
According to the source, at the end of the meeting, Armen Sargsyan visited FC Manchester City Academy, got acquainted with sports programs for various age groups. At the same time, the President of Armenia, together with Haldun al-Mubarak, watched the Premier League game between the clubs of Manchester City and Tottenham, which ended in a draw.
Note that MUBADALA is an active and innovative investor who invests with benefits for the United Arab Emirates in various assets around the world.
The company makes strategic financial investments worldwide, investing in those sectors of the economy that can use competitive advantages - professionalism, financial opportunities, the scale of the existing investment portfolio and communications in all corners of the world that are of great importance in the long term and positively affect the economy and social sphere in the UAE and abroad. The company mainly operates in areas such as high technology, telecommunications, energy, healthcare, real estate, infrastructure development, education and science.
MUBADALA's clients include world leading manufacturers in sectors such as the aerospace industry, agriculture, ICT, semiconductor manufacturing, metallurgy and mining, pharmaceuticals and medical technology, renewable energy and electric power, as well as diversified financial holdings. The total value of the company's assets is estimated at $ 225 billion. MUBADALA has over 50 existing investment projects in 50 countries.