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ADQ is a leading active investor, with a strategic focus on creating sustainable financial returns and impact for Abu Dhabi for the long-term.
About ADQ
Who We Are
Who We Are
Since inception, ADQ has served as a sustainable investor that is accelerating the transformation of Abu Dhabi into a globally competitive economy. We are well-positioned to deliver on this mandate by building economic clusters that are aligned with strategic governmental priorities.
What We Stand For
What We Stand For
We are a sustainable and long-term investor that is driving the economic transformation of Abu Dhabi. Our mandate is to create value through investment and commitment to a performance-driven culture.
Leadership
Leadership
ADQ’s highly proficient and experienced board of directors and management team collectively works to optimize the financial performance of ADQ’s portfolio and grow pioneering businesses across strategic sectors of Abu Dhabi’s economy.
CEO Message
CEO Message
ADQ was established to create further value and future-proof Abu Dhabi’s economy. It brings together some of the Emirate’s most dynamic, transformational and ambitious enterprises through direct and indirect investments across key sectors of the local economy.
Community
Community
We are committed to driving positive impact in people’s lives for the benefit of our employees and the communities we serve.
Awards
Awards
The awards we receive are a testament to our drive, passion, and intent to create long-term value.
Journey
Journey
Established in 2018, ADQ’s journey is just beginning.
Value Creation
Overview
Overview
We are driving value creation for our portfolio companies.
ESG
ESG
Managing a broad portfolio of assets operating in key sectors of Abu Dhabi’s economy uniquely positions us to influence sustainable outcomes for our nation – ultimately making a positive impact on the communities where we operate and improving the quality of life for future generations.
Digital Transformation
Digital Transformation
We are actively enabling Abu Dhabi’s vision to become a digitally enabled economy. We partner and work with the management teams of our portfolio companies to build national, regional and global champions that can help deliver this vision.
Talent Management
Talent Management
Within the UAE’s ‘Principles of the 50’, human capital is viewed as a catalyst for the nation’s competitiveness and future growth over the next 50 years. At ADQ, we are committed to developing, attracting and retaining talent across the organization and building future leaders.
Innovation and R&D
Innovation and R&D
We take a long-term view to investment and continuously identify opportunities that complement Abu Dhabi’sinnovation agenda and solidify its wider ambitions of enhancing R&D throughout the economy. As such, we arepositioning our portfolio for the future by placing innovation and R&D at the heart of our strategy and culture.
Investment Process
Overview
Overview
As a sustainable investor, we have a well-defined investment approach, follow a robust and rigorous process and have a clear focus on our priority clusters.
Our Investment Approach
Our Investment Approach
Our approach to investing is defined by our ability to deploy capital responsibly and efficiently to further boost the UAE's economic growth and future-proof our nation, underpinned by four main pillars.
Our Investment Process
Our Investment Process
We follow a robust and rigorous six-step investment process from initial deal sourcing to receiving final deal approval.
Our Investment Focus
Our Investment Focus
We invest in priority sectors that are critical to the long-term diversification and competitiveness of Abu Dhabi’s economy.
Portfolio
Overview
Overview
We develop economic clusters that capture synergies, enhance trade flows to create long-term value.
Energy & Utilities
Energy & Utilities
As global demand for energy increases, the UAE is committed to navigating a clear path to meeting energy security needs while creating a pathway to decarbonization and climate progress.
Food & Agriculture
Food & Agriculture
As a trusted government partner, ADQ is increasing Abu Dhabi’s sustainable agricultural footprint, driving investments in AgTech solutions, and expanding local farmers’ ability to grow more produce domestically.
Healthcare & Life Sciences
Healthcare & Life Sciences
Abu Dhabi is home to globally renowned healthcare institutions and pharmaceutical companies, built to support the well-being of a growing population. ADQ’s portfolio companies leverage technology to shape the future of healthcare while keeping patient-centered care, diagnostics and clinical excellence at their core.
Transport & Logistics
Transport & Logistics
Bringing together a portfolio of assets across the entire logistics value chain, ADQ is spearheading the strategy to grow Abu Dhabi’s global connectivity and capitalize on opportunities to enable trade and commerce.
Financial Services
Financial Services
Financial services and thriving capital markets provide a solid foundation for supporting the long-term development of a competitive, diversified, and sustainable economy.
Tourism, Entertainment & Real Estate
Tourism, Entertainment & Real Estate
Tourism, entertainment and real estate play a vital role in how Abu Dhabi’s economy engages with other markets across a wide range of sectors.
Sustainable Manufacturing
Sustainable Manufacturing
As a partner of the Government of Abu Dhabi, we are investing in a broad range of manufacturing and industrial assets that hold the key to growth for the sustainable development of the Emirate.
Investors
Investors
Investors
ADQ is a strategic investment vehicle for the Government of Abu Dhabi and one of the region’s largest holding companies. Learn more abut our credit ratings, governance, ESG and leadership.
News & Insights
Overview
Overview
An Overview of Media and Insights.
Newsroom
Newsroom
Our newsroom invites you to browse recent announcements as well as ADQ's press release archive.
ADQ FWD
ADQ FWD
The ADQ FWD platform brings together industry experts, government, and advocacy leaders to discuss and address issues of economic and strategic importance for the UAE.
Opinion Editorials
Opinion Editorials
Read our Opinion Editorials.
Publications
Publications
Read our Publications.
Careers
Careers at ADQ
Careers at ADQ
Be part of change and progress. Join a dynamic, agile and collaborative team pushing Abu Dhabi’s economic vision to new limits to build resilience for new generations.
Future Foundations
Future Foundation
Join a platform for future leaders. With ADQ's Graduate Development Program, you will receive knowledge that will set the baseline for the rest of your career.
Contact Us
Contact Us
Contact Us
Information on and avenues for contacting ADQ.
More
Resources
Resources
Access available ADQ resources including Brand Assets, Procurement, Compliance and Legal information, Q Portal and more.
Compliance
Compliance
View and download the ADQ Code of Conduct, learn more about how we manage compliance obligations  or view information on our Speak Up channel.
Procurement
Procurement
View ADQ’s digital legal policies including information on how we handle your privacy, terms of use and more.
Legal
Legal
View ADQ’s digital legal policies including information on how we handle your privacy, terms of use and more..
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Abu Dhabi Developmental Holding Company and Wizz Air conclude agreement to establish Wizz Air Abu Dhabi

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Highlights

  • New airline supports "Ghadan 21" initiatives to make UAE capital a globally attractive destination for business, tourism and living

Abu Dhabi Developmental Holding Company PJSC ("ADDH") announced today that it concluded the definitive agreement with its partner Wizz Air Holdings Plc ("Wizz Air"), Europe’s fastest growing and greenest airline*, to jointly establish Wizz Air Abu Dhabi. The low-cost airline is set to launch its operations at Abu Dhabi International Airport in Fall 2020.

The agreement is a major milestone in the launch of Wizz Air Abu Dhabi, a new Emirati low-cost airline based in the UAE’s capital. Wizz Air Abu Dhabi plans to start operations in the second half of the year, bringing low fares paired with a high-quality on-board experience to a range of destinations across Europe, the Middle East, Asia and Africa.

With Wizz Air Abu Dhabi’s recruitment activities set to commence in the coming months, the agreement will create new job opportunities, boost the economy and attract more visitors to Abu Dhabi. The announcement is also in line with Abu Dhabi’s AED 50bn accelerator programme Ghadan 21, which is driving the emirate’s development through investing in business, innovation and people.

Following the agreement, the airline development team has already initiated the process with the UAE General Civil Aviation Authority to obtain the carrier’s Air Operator Certificate and Operating License.

Tourism is a high priority in Abu Dhabi’s growth strategy. Significant investment is going not only into our airports but also the tourist infrastructure, including hotels, resorts and cultural attractions. Last year the emirate achieved a record high of 11.35 million visitors and a key driver for this is the connectivity that enables people to visit Abu Dhabi easily and affordably. Our partnerships with Wizz Air and others will help elevate the UAE’s capital as a highly competitive regional and international destination for leisure and business travellers alike.

—
H.E. Mohamed Hassan Alsuwaidi, CEO of ADDH

Today marks an important milestone on the way to establishing our new airline in Abu Dhabi. The joint venture agreement with Abu Dhabi Developmental Holding Company to form Wizz Air Abu Dhabi underpins our long-term dedication to bringing an economically and operationally highly efficient as well as environmentally most sustainable airline business model to boost Abu Dhabi's aviation development. Wizz Air's mission feeds into Abu Dhabi’s diversified economic strategy as we aim to stimulate traffic by creating demand to the benefit of growing Abu Dhabi's touristic and economic diversity. We look forward to welcoming passengers on board our young, green and ultra-efficient fleet.

—
József Váradi, CEO of Wizz Air Holdings

The airline will focus on establishing routes to markets in which Wizz Air has existing, high growth operations, namely Central and Eastern and Western Europe.

About ADQ

Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
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For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on X, Instagram and LinkedIn.

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The ADQ FWD platform brings together industry experts, government, and advocacy leaders to discuss and address issues of economic and strategic importance for the UAE.

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ADQ launches holding company Arcera to build a global life sciences powerhouse anchored in Abu Dhabi
04
April
2024
ADQ-led consortium to invest USD 35 billion in Egypt
02
February
2024