Established in 2007, the Abu Dhabi Investment Council (ADIC) was created to invest the surplus funds of the Abu Dhabi government through a globally diversified investment strategy. Its mission was to generate sustainable, long-term financial returns for the Emirate. In March 2018, by a law issued by the UAE President, the Abu Dhabi Investment Council was mandated to join with Mubadala Investment Company, creating a global investment powerhouse with assets across multiple sectors and geographies. The combined entity, Mubadala, continues the mission of deploying capital to accelerate economic diversification and generate strong financial returns for Abu Dhabi.