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1/3 - Company News

Signed MoU with Mubadala and ADNOC to establish Abu Dhabi Hydrogen Alliance
We signed an MoU with Mubadala and ADNOC to establish the Abu Dhabi Hydrogen Alliance, which aims to position Abu Dhabi as a trusted leader of low-carbon green and blue hydrogen in emerging international markets and build a substantial green hydrogen economy in the UAE.

Established an office in Egypt
We established a new office in Egypt, building on the USD 20 billion strategic investment platform launched in 2019 and ADQ's commitment to investing in the country's economic growth.

Launched ADQ's ESG policy
We launched an ESG policy to reaffirm our commitment to accelerating value creation.

Merged Rafed and Union71 within Pure Health
We merged Rafed and Union71 within Pure Health, creating a healthcare support services leader in the UAE.

Entered into agreement to acquire minority stake in Biocon Biologics
We invested in a minority stake in Biocon Biologics to develop cutting-edge expertise in high quality biosimilars to target chronic conditions.

Acquired Pharmax Pharmaceuticals
We acquired Pharmax Pharmaceuticals in efforts to address a shortage of affordable medication and create a cost-efficient healthcare system in the UAE.

Acquired Amoun Pharmaceutical Company
We acquired Amoun Parmaceutical Company to complement its strategy of developing a fully integrated value chain in pharmaceuticals.

Merged Emirates Steel and Arkan
We combined Emirates Steel and Arkan to strengthen infrastructure and industrial sector projects.

Joined a consortium with Aldar to acquire 85.5% of SODIC
We became a strategic shareholder in SODIC, via a consortium with Aldar, to grow our portfolio of mixed-use residential communities in major markets.

Joint forces with the French Ministry of Economy, Finance and Recovery
We signed a EUR 4.6 billion investment deal with France to explore investment opportunities in the fields of mobility and logistics, food and agriculture, clean energy, life sciences, and healthcare.

Collaborated with Türkiye Wealth Fund
We co-launched a USD 300 million venture capital fund to develop high-growth companies in Türkiye.

Acquired a stake in Nabil Foods via Agthia Group
Agthia Group acquired Nabil Foods to place itself at the forefront of a fast-growing protein industry and achieve significant growth in both existing and new markets.

Established integrated aviation services company
We established an integrated aviation support services company with the addition of Etihad's airline support service businesses, ushering a new wave of growth for the industry.

Established DisruptAD, our ventures Platform
We consolidated venture capital efforts under DisruptAD platform to enable start-ups and venture capital funds to benefit from Abu Dhabi's start-up ecosystem.

ADQ FWD - Cultivating the Future of Food, Bolstering Food Resilience
The inaugural ADQ FWD paper explored the UAE's potential in shaping the global food landscape of the 21st century.

Exploring opportunities in Kazakhstan
Alongside TAQA, we signed a long-term strategic agreement with Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, to explore opportunities in the energy sector in the central Asian country.

ADQ FWD - Journey to Clean, Sustainable Energy
The second ADQ FWD paper focused on key strategies that are helping to fast-track the UAE's successful transition to clean, sustainable energy.

ADQ receives it's first investment grade credit ratings
We were assigned credit ratings of Aa2 (Stable) and AA (Stable) from Moody's and Fitch, respectively, validating ADQ's solid financial position and valued role as a strategic partner of the Abu Dhabi government.

Acquired pharmaceutical company Acino
We acquired Swiss-based Acino, building on its intent to develop an integrated pharma platform.

Launched partnerships with the UAE Football Association and men's cycling UAE Team Emirates
We partnered with the UAE Football Association and UAE Team Emirates in line with ADQ's commitment to high performance, helping inspire healthier lifestyles amongst its employees and the wider UAE community.