Mubadala's Solutions+ expects to double Dh1.5bn contribution to Abu Dhabi GDP

Business management services unit Solutions+ of Mubadala anticipates doubling its contribution of about Dh1.5 billion ($408.4 million) to Abu Dhabi's economy this year, according to its CEO Nasir Al Nabhani. The company has grown 53 times since its formation in 2014 as Mubadala Business Management Services and has already surpassed its goal of becoming a billion-dollar firm.

Al Nabhani attributes this growth to investments in people and technology, resulting in a robust cash flow and healthy net profit. The privately held firm has acquired seven companies in the past five years and expects another three acquisitions soon, which could yield an additional 100% growth. Solutions+ offers digital business services to various sectors, including business process outsourcing, finance, procurement, facilities management, and environmental, social, and government.

The company serves over 40 clients in sectors such as aerospace, defence and security, healthcare, energy, ICT, mining, real estate, and utilities, helping them save over Dh300 million. Additionally, Solutions+ manages around 500,000 square meters of real estate. The company is also integrating AI into its services and plans to introduce a new large language model by the first quarter of 2027.

Solutions+ has recently signed agreements with Tahaluf Al Emarat Technical Solutions and Saal.ai to further enhance AI collaboration and enterprise data platform solutions. The company currently operates in countries including Saudi Arabia, Algeria, Pakistan, Tunisia, and Uganda, with plans to expand its presence further.