Monday 25 September 2023

Officials after signing the agreement

KU and Mubadala Investment Company sign 10-year deal

ABU DHABI, 7 days ago

Khalifa University of Science and Technology (KU) and Mubadala Investment Company, have signed a 10-year agreement to name the Engineering building at the University’s Main Campus as Mubadala Building.
Fatima Al Marzouqi, Director – Portfolio Emiratisation, Mubadala Investment Company, and Professor Sir John O’Reilly, President, KU, attended a ceremony dedicated to unveiling the newly-named Mubadala Building. 
The financial sponsorship will contribute to the Khalifa University Fund to support research and development, with enhanced facilities, and offer better educational experience.
Developing future leaders
The university plays a key role in developing future leaders and contributing to the growth of the local and regional education sector and offers a world-class learning environment which will help prepare students for their careers in Science, Technology, Engineering, and Mathematics (STEM) areas.
Dr Ebrahim Al Hajri, Senior Vice-President, KU Support Services, said: “KU is pleased to enter into this agreement with Mubadala Investment Company, a sovereign investor that manages a diverse portfolio of assets in the UAE and overseas, to offer students an enhanced academic and research experience. Naming the building in our campus further illustrates the extent of close engagement between the two partners, and we believe this close cooperation will help facilitate students to focus more on careers in STEM fields.”
Al Marzouqi said: “We are delighted to expand on our long-term partnership with KU, an academic institution dedicated to excellence in education and building future leaders. As a forward-leaning investor that drives positive change where we deploy capital, we partner with like-minded organisations to raise awareness for STEM education, and our partnership with Khalifa University has been instrumental in helping achieve this objective. We look forward to working closely with the University as we grow the nation’s education sector for the next decade and beyond.”
The newly named Mubadala Building is one of the extension wings that was inaugurated in 2016. Other buildings host part of the Engineering department, the College of Medicine and Health Sciences, the Body Museum, research labs, KU Libraries, gymnasium, sports facilities and other cutting-edge amenities.-- TradeArabia News Service


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