28
December
2023

ADQ signs multi-year sponsorship agreement with Egypt’s Pyramids Football Club

Highlights

  • New partnership with Premier League football club expands ADQ’s efforts to positively impact communities in Egypt, a country in which it is an active investor

ADQ, an Abu Dhabi-based investment and holding company, today announced the signing of a multi-year sponsorship agreement with Pyramids Football Club (Pyramids FC), an Egyptian Premier League professional sports club. 

As part of the agreement, ADQ will be the Official Partner of Pyramids FC. Since its establishment and rebranding from Al Assiouty Sports Club in 2018, Pyramids FC has rapidly grown to become one of the high-performance football clubs in the Egyptian Premier League. 

This partnership reinforces ADQ’s position as a long-term investor in Egypt, complementing its established footprint through initiatives that positively impact local Egyptian communities. Along with its portfolio companies, ADQ actively supports the development of key sectors of Egypt’s economy through its investments, demonstrating continued confidence in the country’s robust economic potential. 

The sponsorship of Pyramids FC presents an additional opportunity to engage with the local population by fostering a sense of community and creating a shared purpose through sport. It adds to existing social initiatives by ADQ in Egypt including the Bridges of Hope program, established in association with Zayed Higher Organization for People of Determination and the Egyptian Ministry of Youth and Sports, which operates support centers for people of determination. 

Pyramids FC’s partnership with ADQ aims to contribute to the football club's youth and junior development programs, providing aspiring athletes with essential facilities, resources and expertise for a career in professional athletics.

Anas Jawdat Albarguthi, Chief Operating Officer at ADQ, said: “Through this sponsorship, we hope to leverage the universal appeal of football to convey our passion for excellence, our belief in the importance of partnerships as well as our dedication to fostering the health and well-being of local communities. Side by side with the club’s loyal fanbase, we wish the team success and fair play for their participation in the Egyptian Super Cup, which we are following with great excitement.”

Mamdouh Eid, Chief Executive Officer of Pyramids FC, said: “Our partnership with ADQ is a testament to our commitment to fostering football excellence across all facets of our team. This multi-year sponsorship agreement signifies the beginning of a journey that will help propel the club toward greater success, enabling us to realize the long-term goals and ambitions that we have set for Pyramids FC.”

The Pyramids FC sponsorship affirms ADQ’s dedication to supporting professional sports and grassroots programs in soccer, cycling, and basketball through its partnerships with the UAE Football Association, UAE Team Emirates, UAE Team ADQ and the NBA, which are aimed at encouraging the community to embrace physical activity and adopt healthy practices.

No items found.

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.

For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on X, Instagram and LinkedIn.

Direct to your inbox

ADQ News and Insights delivered directly to your inbox

Latest News

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.