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UAE’s Mubadala invests in SoftBank Vision fund

UAE’s Mubadala invests in SoftBank Vision fund
(Photo Credit: Company website)

Abu Dhabi – Mubasher: Abu Dhabi-based Mubadala Investment Company on Saturday announced investing in SoftBank Group Corp’s Vision Fund, which is specialised in technology and creativity, according to a press release.

The fund started operating after collecting $92 billion from international investors.

Saudi Arabia’s Public Investment Fund (PIF), Apple Inc, Foxconn Technology Group, and Qualcomm Company have all committed to invest in the fund.

The minimum limit of investing in SoftBank Group Corp’s Vision stands at $100 million.