Mubadala Investment Company and Safran are joining forces to accelerate aerospace innovation and development within the UAE.
Announced at the recent Abu Dhabi Air Expo, the enhanced strategic framework agreement focuses on key areas of Maintenance, Manufacturing, Human Capital Development, Advanced Material and Space.
“We are pleased to strengthen our long-term partnership with Safran, a global aerospace leader,” said Ismail Ali Abdulla, Executive Director of UAE Clusters, at Mubadala’s UAE Investments Platform. “As a national investor, we are dedicated to support the diversification of the UAE’s economy by building world-class national champions and fostering innovation in high-growth sectors. This agreement not only reinforces Abu Dhabi’s position as a premier aerospace hub but also underscores our shared commitment to upskilling local talent, empowering the next generation of engineers and professionals to lead in the global aerospace industry.”
“This strategic framework agreement marks a significant milestone in our partnership with Mubadala, contributing to positioning the United Arab Emirates as a global leader in aerospace innovation and manufacturing. By joining forces, we are enhancing our ability to support technological advancements, develop a skilled workforce, and promote aerospace excellence under the ‘Made in the UAE’ brand,”said Philippe Errera, EVP, International Development and Government Relations Safran.
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