Company Insights ADQ Banking & Finance ADQ Overview ADQ – Abu Dhabi Developmental Holding Company – was established in 2018 by the government of Abu Dhabi. It is the 10th-largest sovereign wealth fund in the world, according to data from analyst Global SWF, and the 16th-largest fund when public pension funds are also considered. Abu Dhabi’s government transferred its stakes in 13 companies to ADQ in 2019. These included Abu Dhabi Power Corporation (since merged with Taqa), Abu Dhabi Ports, Etihad Rail, Abu Dhabi Health Services Company, National Health Insurance Company (Daman) and Abu Dhabi Airports Company. ADQ’s portfolio now spans about 25 companies across sectors including utilities, transportation, healthcare, agriculture and real estate. Subsidiaries include Etihad Airways, Abu Dhabi Airports Company, Wizz Air Abu Dhabi, Abu Dhabi Securities Exchange, Abu Dhabi National Exhibitions Company, Emirates Nuclear Energy Corporation, Emirates Water and Electricity Company, Louis Dreyfus Company and LuLu Group International. In February 2024 ADQ signed a $35 billion agreement with the Egyptian government to develop Ras El Hekma, and it is also busy with a $5 billion investment in infrastructure and other projects in Jordan announced in May May also saw ADQ issue its first bonds, selling $2.5 billion of debt on the London Stock Exchange, in what the company said marked a “significant step” in diversifying its funding sources. ADQ News Analysis Media & Advertising Warner-OSN tipped to inspire more deals for Mena streamers The tie-up between US giant Warner Bros Discovery and Dubai’s OSN Streaming could be a sign of things to come for the Middle East’s entertainment industry, media insiders have told AGBI. Warner Bros said on Monday it would pay $57 million for a one-third stake in the streaming business, a subsidiary of Orbit Showtime Network […] March 27, 2025 Finance UAE commits to $1.4trn investment framework in US The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, a White House official said on Friday. The new framework will “substantially increase the UAE’s existing investments in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing, the […] March 21, 2025 Energy ADQ and ECP of the US bet on data centre projects Abu Dhabi sovereign wealth fund ADQ has formed a partnership with Energy Capital Partners, a US private equity company, to build power generation and energy infrastructure, primarily in the US. The goal of the prospective $25 billion, 50-50 tie-up is to support growing energy demand by data centres, large cloud providers, and other so-called hyperscalers – […] March 20, 2025 Economy UAE and US leaders discuss economy and tech tie-ups Sheikh Tahnoon bin Zayed Al Nahyan, Abu Dhabi’s deputy ruler and UAE national security advisor, met US President Donald Trump at the White House on Tuesday, holding talks on economic and technological cooperation. “Discussions included ways for our countries to increase our partnership for advancing our economic and technological futures,” Trump said in a Truth Social […] March 19, 2025 Tourism UAE to fund new luxury hotel near Egypt’s Giza pyramids The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported. State-backed Abu Dhabi Fund for Development (ADFD), which specialises in development financing at below market rates, will provide AED440 million ($120 million) to build a 302-key Sofitel […] March 14, 2025 Logistics ADQ takes majority stake in Dubai-listed Aramex ADQ, the third-largest of Abu Dhabi’s sovereign wealth funds, has become a majority shareholder in Dubai-listed logistics company Aramex. The fund now owns 58 percent in Aramex following a voluntary tender offer, which includes 23 percent owned by its subsidiary, AD Ports Group, and 35 percent bought from previous shareholders, ADQ said in a statement on Tuesday. […] March 11, 2025 Business of Sport Boost for Arab soccer as Red Bull sponsors Al Ahly Egypt’s most successful football club has kicked off what could become a sponsorship rush from European companies into the country’s top league. Al Ahly of Cairo, winners of 44 Egyptian Premier League titles and 12 Confederation of African Football Champions League titles, has agreed a marketing partnership with the Austrian drinks company Red Bull. No […] March 10, 2025 Economy Egypt’s private sector alliance targets UAE for growth A new entity comprising 41 Egyptian private companies will be set up to boost exports across the Arab countries to support economic growth, a news report said. The process of setting up Arab Alliance for Industrial Investment is expected to be completed next week, Ashraq Business reported, citing Mohamed El-Bahi, a board member of the […] March 6, 2025 Aviation Etihad Airways delays $1bn IPO launch to next month Abu Dhabi’s Etihad Airways will push back its planned $1 billion initial public offering (IPO) until at least next month, after the Eid Al Fitr holiday, two people with knowledge of the matter said. Etihad had not officially announced a date for its IPO, but sources had told Reuters that the airline would make an announcement […] March 5, 2025 Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025 Posts navigation 1 2 … 20 Next
Analysis Media & Advertising Warner-OSN tipped to inspire more deals for Mena streamers The tie-up between US giant Warner Bros Discovery and Dubai’s OSN Streaming could be a sign of things to come for the Middle East’s entertainment industry, media insiders have told AGBI. Warner Bros said on Monday it would pay $57 million for a one-third stake in the streaming business, a subsidiary of Orbit Showtime Network […] March 27, 2025
Finance UAE commits to $1.4trn investment framework in US The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, a White House official said on Friday. The new framework will “substantially increase the UAE’s existing investments in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing, the […] March 21, 2025
Energy ADQ and ECP of the US bet on data centre projects Abu Dhabi sovereign wealth fund ADQ has formed a partnership with Energy Capital Partners, a US private equity company, to build power generation and energy infrastructure, primarily in the US. The goal of the prospective $25 billion, 50-50 tie-up is to support growing energy demand by data centres, large cloud providers, and other so-called hyperscalers – […] March 20, 2025
Economy UAE and US leaders discuss economy and tech tie-ups Sheikh Tahnoon bin Zayed Al Nahyan, Abu Dhabi’s deputy ruler and UAE national security advisor, met US President Donald Trump at the White House on Tuesday, holding talks on economic and technological cooperation. “Discussions included ways for our countries to increase our partnership for advancing our economic and technological futures,” Trump said in a Truth Social […] March 19, 2025
Tourism UAE to fund new luxury hotel near Egypt’s Giza pyramids The UAE will back the development of a five-star hotel near the pyramids in Giza outside the capital Cairo to support Egypt’s tourism, state-run Wam news agency reported. State-backed Abu Dhabi Fund for Development (ADFD), which specialises in development financing at below market rates, will provide AED440 million ($120 million) to build a 302-key Sofitel […] March 14, 2025
Logistics ADQ takes majority stake in Dubai-listed Aramex ADQ, the third-largest of Abu Dhabi’s sovereign wealth funds, has become a majority shareholder in Dubai-listed logistics company Aramex. The fund now owns 58 percent in Aramex following a voluntary tender offer, which includes 23 percent owned by its subsidiary, AD Ports Group, and 35 percent bought from previous shareholders, ADQ said in a statement on Tuesday. […] March 11, 2025
Business of Sport Boost for Arab soccer as Red Bull sponsors Al Ahly Egypt’s most successful football club has kicked off what could become a sponsorship rush from European companies into the country’s top league. Al Ahly of Cairo, winners of 44 Egyptian Premier League titles and 12 Confederation of African Football Champions League titles, has agreed a marketing partnership with the Austrian drinks company Red Bull. No […] March 10, 2025
Economy Egypt’s private sector alliance targets UAE for growth A new entity comprising 41 Egyptian private companies will be set up to boost exports across the Arab countries to support economic growth, a news report said. The process of setting up Arab Alliance for Industrial Investment is expected to be completed next week, Ashraq Business reported, citing Mohamed El-Bahi, a board member of the […] March 6, 2025
Aviation Etihad Airways delays $1bn IPO launch to next month Abu Dhabi’s Etihad Airways will push back its planned $1 billion initial public offering (IPO) until at least next month, after the Eid Al Fitr holiday, two people with knowledge of the matter said. Etihad had not officially announced a date for its IPO, but sources had told Reuters that the airline would make an announcement […] March 5, 2025
Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025
