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1/3 - Company News

Merged TAQA and Abu Dhabi Power Corporation
We merged Abu Dhabi National Energy Company (TAQA) and Abu Dhabi Power Corporation to strengthen Abu Dhabi's utilities industry.

Acquired a stake in Aramex
We acquired a 22% stake in Aramex to strengthen and expand the logistics ecosystem in the UAE.

Image Nation Abu Dhabi
The ownership of the Abu Dhabi Government’s shares in Image Nation Abu Dhabi transferred to ADQ to provide direction towards achieving excellence in terms of performance, productivity, and quality.

National Marine Dredging Company (NMDC)
The ownership of the Abu Dhabi Government’s shares in National Marine Dredging Company transferred to ADQ to provide direction towards achieving excellence in terms of performance, productivity, and quality.

Launched Q Market Makers to enhance liquidity of the capital markets
We launched Q Market Makers to help boost liquidity and improve market quality of the Abu Dhabi Securities Exchange (ADX).

Appointed new Chairman of Abu Dhabi Securities Exchange (ADX)
We appointed H.E. Mohammed Ali Al Shorafa Al Hammadi as Chairman of ADX as part of ADQ's commitment to stimulating and deepening Abu Dhabi's capital markets and financial services sector.

Merged ZonesCorp into Abu Dhabi Ports Group
We merged ZonesCorp into Abu Dhabi Ports to facilitate greater industrial diversification and support Abu Dhabi's position as a global centre of trade and industry.

Emirates Nuclear and Energy Corporation (ENEC)
The ownership of the Abu Dhabi Government's shares in ENEC were transferred to ADQ to advance the nation's utilities infrastructure.

Entered JV agreement with ADNOC to launch TA'ZIZ
We joined forces with ADNOC to establish a joint venture, TA'ZIZ, to drive the development of industrial projects and act as a catalyst for the UAE's economic diversification and technology-led growth.

Emirates Water and Electricity Company (EWEC)
The ownership of the Abu Dhabi Government’s shares in EWEC transferred to ADQ to provide direction towards achieving excellence in terms of performance, productivity, and quality.

Signed an MoU to expand Lulu International Holdings' operations in Egypt
We entered into an agreement with Lulu International Holdings to support their operational expansion in Egypt.

Acquired a stake in Al Dahra Holding Company
We acquired a 50% stake in Al Dahra Holding Company to enhance the agri-food ecosystem and increase our commitment to sustainable and diversified food supply in the UAE.

Merged Al Foah with Agthia Group
We combined Al Foah with Agthia, creating a true F&B regional powerhouse.

Acquired a stake in Louis Dreyfus Company
We invested in Louis Dreyfus Company, a leading global merchant and processor of agricultural goods, to further strengthen ADQ's food and agriculture investment portfolio.

ADQ announces new brand and the addition of assets
Abu Dhabi Developmental Holding Company (ADDH), one of the region's largest holding companies, today unveiled a new brand identity, to become ADQ.The announcement coincides with ADQ's new phase of growth.

Merged National Marine Dredging Company with National Petroleum Construction Company
We combined National Marine Dredging Company with National Petroleum Construction Company to create a leading engineering and construction powerhouse.

Launched Alpha Wave Incubation Fund
We launched new AED 1.1 billion venture fund to boost creation of world-class startup ecosystem in Abu Dhabi.

General Holding Corporation (Senaat)
The ownership of the Abu Dhabi Government’s shares in Senaat transferred to ADQ to provide direction towards achieving excellence in terms of performance, productivity, and quality.

Entered JV agreement to establish Wizz Air Abu Dhabi
We introduced Wizz Air Abu Dhabi to bring low fares paired with a high-quality on-board experience to a range of destinations.

Acquired a stake in Lulu Group International
We acquired a 20% stake in Lulu Group International to support the company's international expansion plans.

Launched healthcare procurement platform Rafed
We established Rafed, a group purchasing organization aiming to ensure the availability and quality of essential goods and services for the local healthcare sector.

Established Silal to enhance the UAE's food and agriculture ecosystem
We launched Silal, a new company aimed at diversifying food sources and increasing locally grown, raised and manufactured food, to complement our existing investments in the food and agriculture sector.

Abu Dhabi Securities Exchange (ADX)
The ownership of the Abu Dhabi Government’s shares in ADX transferred to ADQ to provide direction towards achieving excellence in terms of performance, productivity, and quality.