Speaking to Manus Cranny of Bloomberg Television, at the Bloomberg Invest Abu Dhabi opening dinner, Al Kaabi spoke about the recent stake stale in Cepsa to Carlyle. Al Kaabi said: “We are fully satisfied with the agreement and the value we agreed on. The $12bn enterprise value demonstrates clearly that the business is very strong.”Al Kaabi also said that the Carlyle team and Mubadala team are driven by value creation.
Also speaking at the Bloomberg Invest Abu Dhabi opening dinner was Waleed Al Mokarrab Al Muhairi, deputy group CEO, and CEO, alternative investments and infrastructure, Mubadala Investment Company. He discussed the impact of technology on business, highlighting Mubadala’s effort to be an active participant in that space and that Mubadala’s focus is on how the technology is going to create value in the industries that they know best.Al Muhairi added: “We stand at a crossroads of multiple continents, we are well positioned from an access perspective to emerging markets, India, China, and certainly Africa, and we in many ways have become the gateway to both investments and growth across these key markets.”
Also speaking at the Bloomberg Invest Abu Dhabi opening dinner was Daniel Hajjar, HOK's EMEA managing principal. He said the war on talent is global. Hajjar said that there is a "very finicky crowd out there in terms of where they want to live and what they want to partake in.”For the latest refining and petrochemical industry related videos, subscribe to our YouTube page.