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Abu Dhabi sovereign fund eyes more tech investments in Asia

Mubadala, SoftBank Vision Fund and Microsoft woo startups to Mideast hub

Mubadala's chief executive, Khaldoon Khalifa Al Mubarak, said the UAE sovereign wealth fund will invest more in Asian tech startups through SoftBank's Vision Fund."

HONG KONG -- Abu Dhabi's sovereign wealth fund Mubadala Investment Co. is looking to invest in Asian startups working in artificial intelligence, biotechnology, semiconductors and aerospace as part of a wider plan to create a technology hub in the United Arab Emirates and diversify its economy.

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