csdf

Are they that bad? A friend said that of all the companies in the region, he'd pick Mubadala over any other.

Millhouse

They are indeed the best in terms of what they do. Sadly that has gone to their head. Do remember that the benchmark is indeed very low. That said, I have respect for Mubadala and what they have and continue to do.

(apart from the Al Reem development and dodgy PPPs but that is another story)

Much better to join a western company with a local representation - think of the exit: you go back to London and your next employer says... Mubadala... did they take a stake in Ferrari at a loss??

flares

nice comment Millhausen - now who's stuck up their own ass?

Millhouse

dunno... me?

The fact is that from the outside looking in they have made a lot of mistakes (I agree that they have done a lot of good also) but if you are thinking of going home to a western bank they will wonder what on earth you were up to here. Don't get me wrong... I'm in this boat so know it well.

The Dean

And you'll almost certainly be able to reply "... and so did most of your investments, mate..." (whoever you happen to be talking to).

I also hear DIC are selling Travelodge, Doncasters, etc, so they can be wound up.......

Millhouse

Ah, but there is losing money and doing a deal that is clearing losing money from the beginning.

csdf

Oh well, fair enough. I'm not in banking so wouldn't be interested in the financial part of Mubadala anyway.

Millhouse

do be aware that they have been doing some "Consolidation"

clodytz

Hello, everyone!

How long did it take till you got a reply after the psychometric assessment?

I was reading some previous posts and understood that overall it could take more than 3 months.

Thanks

Millhouse

I doubt that you will hear anything now until after Eid.

clodytz

Thanks, it seems like an eternity

Millhouse

welcome to the Middle East

BellaUK

Are there any ADIA people on here? Would you say it is a good place to work? (Feel free to PM me if you don't want to say on public forum) Would appreciate any inside info.

jamiestarr

I'm a consultant working for ADIA. Before I arrived here, I was told that they are a very well run organisation and something of a gem in the middle east.
However, having worked in the middle east for nearly 4 years I've come to conclude that there is nothing unique about ADIA at all. In fact, it's full of wetsern expats who are overpaid and appear to be busy pleasing the men in white dresses.
The organisation is full of bearaucrats (some Indian) who are looking after they own jobs and, wait for it, there is no accountability, which is the norm in this region.
They appear to be hiding the advise/work done by consultans with a view to blaming them if things go wrong.

My personal view of the majority of people working at ADIA is that they couldn't cut it anymore in the West.

If you take a job at ADIA you should kiss autonomy good bye. Your career will take a backseat and you'll be in a "job" and that's it. You'll take your high salary, enjoy the sun and get through life hesitating and wonder when the tap on your shoulder will come because of a decison you made after being bullied.

To conclude, it's a great job if you can get it. Spend a few years here and walk away with a pot of cash.

The biggest sovereign wealth fund it may be but it is far from being best. Once the oil goes that building overlooking the corniche will be derelict. The only difference between Abu Dhabi and Saudi is that your wife can drive here and that you have dubai an hour away. The drawbacks is that you have to put up with some idiotic decison making from locals or other expats, who simply wouldn't cut it elsewhere.

The choice is yours!

p.s. Pardon the typos. I was typing on a BB

Grace O Malley

[QUOTE=jamiestarr;8794990]In fact, it's full of wetsern expats who are overpaid and appear to be busy pleasing the men in white dresses.

oh do tell, how do they please them.....

My personal view of the majority of people working at ADIA is that they couldn't cut it anymore in the West.

oh def,, a right bunch of tossers...