According to Arab Net, Mubadala said in a statement that investment would be in the form of convertible bonds for 5 years before the underwright planned, in cooperation with the Abu Dhabi Catalist Partners, which will also invest $ 75 million in the podium.
This strategic partnership has been expected to make new opportunities for cooperation and thus support and strengthen the integrated system of innovation and technology companies in Abu Dhabi.
The Telegram application launched by Brothers Pavil and Nicola Doreov in 2013, as a safe correspondence application uses full encryption between the parties to conversation, and the development of the application since its launch to become an integrated global platform for social communication is headquartered in the UAE, and one of the ten more applications were loaded in the world With more than 500 million active users per month.
The head of the investment program in Russia and the Commonwealth of Independent States of Mubadala Fares Suhail al-Mazrouei said: We trust that Turkram today has all the potentials to be made by one of the leading global technology companies. The company represents a promising investment opportunity for swap and will be an ideal for our leading portfolio aimed at achieving a qualitative leap in their sectors.
"Our investment in Telegram is a solid basis for a strategic partnership will support our efforts to strengthen the technology system in Abu Dhabi as well as attract advanced levels of talent and technological skills to the capital.
