Posted inPower List power 50 2015

Khadem al-Qubaisi

,Managing Director,International Petroleum Investment Company (IPIC)

Khadem al-Qubaisi

Qubaisi represents IPIC as Chairman of Compañía Española de Petróleos (CEPSA), the Spanish integrated oil and petrochemicals company, NOVA Chemicals, the North American plastics and chemicals group, and Borealis AG, in which IPIC owns a controlling 64% interest.

Borealis owns a 40% stake in Borouge, an Abu Dhabi petrochemicals joint venture, in partnership with ADNOC. Qubaisi also represents IPIC as a board member of Chemawayaat, Abu Dhabi’s petrochemical company.

On the international stage, IPIC has this year announced a strategic partnership with world football giant, Real Madrid. The partnership will enable Real Madrid to develop their stadium into the best in the world. It will also see Real Madrid and IPIC working together to develop the Real Madrid School of Football, powered by IPIC, designed to help coaches and young people improve their skills.

“This long term agreement is designed to provide Real Madrid with the commercial means, not just to build the world’s greatest sports venue, but also spread Real Madrid’s heritage and football ethos around the globe,” said HE Al-Qubaisi.

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