Annual Report 2010

The second phase of the Paris-Sorbonne Abu Dhabi University project was completed two weeks ahead of schedule and on budget, despite the scale of the development. The project comprises about 93,000 m² of teaching, library, and recreational facilities.

STRATA’s Al Ain plant was completed in August 2010, with its first products – flap-track fairings for the Airbus A330/A340 – delivered a month later. Construction began only 10 months earlier, and transformed desert land into a 21,600 m² aerostructure facility.

The official opening of the Tawam Molecular Imaging Centre (TMIC), adjacent to the Tawam Hospital Campus in Al Ain, gave cardiologists, neurologists, and oncologists, throughout the region, access to world-class diagnostic systems.

Only a year after producing its first tonne of metal, Emirates Aluminium (EMAL) reached full first-phase production capacity of 742,500 tonnes. The speed and quality of project execution set a new industry benchmark.

Mubadala GE Capital, a 50:50 joint venture between GE and Mubadala, reached US$2 billion in commitments in its first full year of operation. The company offers an array of financing solutions – including commercial lending, leasing, and equity finance – to clients across the Middle East and Africa.