Name: Davos: Mubadala CEO Mubarak on Monetization, AI, Private Credit
Uploaded: 2026-01-24T03:00:41+00:00
Duration: 416 s

Speakers

Khaldoon Al Mubarak — CEO, Mubadala

Summary

Khaldoon Al Mubarak, CEO of Mubadala Investment Co., spoke with Bloomberg's Joumanna Bercetche at Davos about the fund's 2026 investment playbook. He said Mubadala remains highly active and continues to favor AI, technology, digital infrastructure, healthcare, consumer, financial services, and private credit. Geographically, he likes the UAE, the U.S., and Asia, citing strong performance and long-term positioning despite geopolitical risks.

Mubadala deployed $35-40 billion in 2025 and remains among the most active sovereign wealth funds.
It maintains strong conviction in AI, technology, and digital infrastructure.
Private credit is a major contributor and remains a bullish area despite headwinds.
The UAE, U.S., and Asia are key geographic allocations.
Asia has worked well, with strength in China, Korea, Japan, and Southeast Asia.
Geopolitical and economic weaponization risks are monitored but have not changed investment decisions.

Ideas

Khaldoon Al Mubarak CEO, Mubadala 1:21

Strong conviction in AI and technology.

Mubadala has a strong, consistent conviction in artificial intelligence and the technology spectrum. It has spent significant time building knowledge and investing in AI enablement; despite noise and hype, it sees clear investable spaces within technology and expects high growth to continue, so it plans to keep investing.

Khaldoon Al Mubarak CEO, Mubadala 1:30

Digital infrastructure remains a core area.

Digital infrastructure remains a core area for Mubadala on the infrastructure side, and it continues to be convinced on the sector going forward.

Khaldoon Al Mubarak CEO, Mubadala 1:35

Favored sectors: healthcare, consumer, finance, credit.

Mubadala remains convinced on healthcare, consumer, financial services, and credit because these areas have performed extremely well over the last couple of years and are expected to continue performing well.

Khaldoon Al Mubarak CEO, Mubadala 2:51

Bullish on private credit despite headwinds.

Mubadala built private credit capability over the last couple of years; it is now a significant contributor to the balance sheet, was the best-performing asset class in 2024, and delivered strong mid-double-digit returns last year. Although there are more headwinds, with the right partners and platforms Mubadala remains quite bullish and firm on private credit.

Khaldoon Al Mubarak CEO, Mubadala 3:46

UAE portfolio well positioned for growth.

The UAE is a very important part of Mubadala's portfolio and is well positioned for growth. Mubadala's UAE portfolio returned north of 20% across real estate, infrastructure, industrials, technology, and healthcare, and the fund is well positioned to take advantage of significant investment opportunities in the country.

Khaldoon Al Mubarak CEO, Mubadala 4:26

Continue investing in the U.S.

The U.S. remains Mubadala's largest market and a long-standing core allocation, especially in technology. 2025 was a good year, and Mubadala will continue investing in 2026 as business as usual, using its knowledge of the market and its partners.

Khaldoon Al Mubarak CEO, Mubadala 4:55

Bullish on Asia after strong performance.

Mubadala really likes Asia after being underinvested a decade ago; it has built knowledge and a strong operation in China, knows Southeast Asian markets well, and saw strong 2025 performance in Korea, Japan, and China, so the region has worked well and remains attractive.

This Bloomberg Markets video, published January 24, 2026, features Khaldoon Al Mubarak discussing Artificial Intelligence, XLK, Digital infrastructure, XLV, XLP, XLF, BIZD, UAE, United States (economy), AAXJ, FXI, Southeast Asia, EWY, EWJ. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Khaldoon Al Mubarak · Tickers: Artificial Intelligence, XLK, Digital infrastructure, XLV, XLP, XLF, BIZD, UAE, United States (economy), AAXJ, FXI, Southeast Asia, EWY, EWJ

Davos: Mubadala CEO Mubarak on Monetization, AI, Private Credit

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