Friday 21 June 2024

Mubadala rebrands business management services unit

DUBAI, March 18, 2023

Abu Dhabi-based sovereign investor Mubadala said its key unit - Mubadala Business Management Services - has been rebranded to Solutions+ as part of its new strategy. 
Witth this, Solutions+, a fully-owned Mubadala company, is poised to become the next UAE national champion in shared corporate services, facilities management, entertainment and customer services.
The new brand positions the company as a strategic shared services and advisory firm whose expertise covers vital business functions and outsourced shared services. 
The core offerings of Solutions + will continue to power the back-office engine of major companies in the UAE and internationally - driving change, progress, and value through vital infrastructure functions, ranging from operations to digital services. 
To support further growth and expansion, Solutions+ will add new capabilities including sustainability services, such as ESG assessments for reporting, smart building optimization and decarbonization tools, to help clients support the UAE in achieving its Net Zero goals, it stated.
According to Mubadala, the company is also expanding into sports and entertainment facilities, highlighted by its recent acquisition of Abu Dhabi Entertainment Company (ADEC). 
With an average footfall of over two million visitors a year across its venues, ADEC provides leading sports and leisure opportunities through a portfolio of managed sports and entertainment facilities.  
Commenting on the launch of the new brand, Homaid Al Shimmari, Chairman of Solutions+ and Deputy Group CEO of Mubadala Investment Company, said: "For the past decade, Mubadala’s MDC Business Management Services has flourished as the UAE’s leading shared services company, supporting Mubadala and its progress. As a global investor, Mubadala contributes to the diversification of the UAE economy, seeking opportunities to create value through our investments."
"In doing so, we build and nurture world-class national champions that support the long-term strategy of the UAE. With the continued support of the Mubadala Group, Solutions+ is taking steps toward a brighter and prosperous future," he said.
On the rebranding, Solutions+ CEO Nasir Al Nabhani said: "This milestone signifies far more than the unveiling of a new name and brand identity. Solutions+ is marking the next stage of our journey with a new strategy to enhance our service offerings, expand into new service sectors, and further grow our client base."
"With escalating complexities across the global business landscape, companies need to adapt and evolve to manage change and create lasting value. As Solutions+, we will be in a stronger position to elevate our clients’ performance, help them navigate business change, and realize their ambitions as a trusted partner," stated Al Nabhani. 
"We are excited about what lies ahead and look forward to delivering world-class services locally and internationally to contribute to Abu Dhabi’s diversification agenda and the nation’s progress," he added.
According to him, Solutions+ aims to drive value by providing world-class business performance solutions. 
Solutions+ has helped clients realize over AED300 million in savings since its inception as Mubadala Business Management Services. It manages over 500,000 sq m of real estate across Abu Dhabi and the UAE. 
The company currently serves over 40 clients across several critical sectors as diverse as energy, healthcare, technology, aerospace, utilities, real estate, finance, industrial manufacturing, government entities, NGOs and education providers. 
The teams at Solutions+ leverage expertise, sustainable processes, and cutting-edge technologies to offer direct management and counsel across vital infrastructure functions, from operations to digital services.-TradeArabia News Service


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