Our Journey 2021

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When we fully returned to the office in 2021, it was inspiring to see the remarkable growth of ADQ’s team over the prior year. Fostering a supportive and positive organizational culture to further enhance the wellbeing of our community at ADQ and beyond became paramount. Numerous acquisitions complemented emerging pharmaceutical and food value chains, allowing us to have an increasing positive impact on people’s lives.”

Anas Jawdat Albarguthi
Chief Strategy Officer
Corporate Development
  • Signed MoU with Mubadala and ADNOC to establish Abu Dhabi Hydrogen Alliance
January
Acquisitions
  • Acquired Pharmax Pharmaceuticals
Corporate Development
  • Launched partnerships with the UAE Football Associationand men’s cycling UAE Team Emirates
February
Corporate Development
  • Established DisruptAD, ADQ’s venture capital platform
March
April
May
Corporate Development
  • ADQ received its first investment grade credit rating
June
Acquisitions
  • Acquired a stake in Al Dahra Holding
  • Acquired Amoun Pharmaceutical Company
July
Corporate Development
  • ADQ announced plans for AgTech Park, the region’s largest farming hub
Portfolio Consolidation
  • Merged Emirates Steel and Arkan Building Materials Company
August
Acquisitions
  • Acquired a stake in Louis Dreyfus Company
Corporate Development
  • Published ADQ paper: ‘Cultivating the Future of Food, Bolstering Food Resilience’
September
Corporate Development
  • Published ADQ’s Environmental, Social and Governance policy
  • Announced title sponsorship of UAE Team ADQ, the country’s first official women’s cycling team
Portfolio Consolidation
  • Merged Rafed and Union71 within PureHealth
October
Sovereign Investment Partnerships
  • Partnered with Türkiye Wealth Fund
Corporate Development
  • Published ADQ paper: ‘Journey to Clean, Sustainable Energy’
November
Sovereign Investment Partnerships
  • ADQ established an office in Egypt
Acquisitions
  • ADQ in consortium with Aldar acquired 85.5 percent of SODIC
Corporate Development
  • Established an integrated aviation services company
December