ADQ

AD Ports Group shares jumped almost 15 per cent after Abu Dhabi sovereign investor L’IMAD launched an offer to acquire the remaining shares in the company

L’IMAD’s extensive portfolio, comprising 25 investment platforms and over 250 subsidiaries, will focus on globally competitive operations in some sectors

Abu Dhabi holds vast majority of the UAE’s oil reserves and is home to sovereign funds estimated to collectively manage more than $1.8tn in assets

The partnership builds on a joint investment platform launched in December 2023, where ADQ and AIH committed equal capital to projects in agriculture, technology, pharmaceuticals, and energy infrastructure

The transaction represents a significant milestone in ADQ’s strategy to deepen its investment in global logistics and supply chains

The MoU with ADPIC is the first in a series of planned partnerships aimed at enhancing Abu Dhabi’s infrastructure landscape through sustained public-private cooperation

The stablecoin is intended for use across a wide range of applications, from individual consumer payments to advanced digital use cases such as AI and machine-to-machine transactions

Operating under Modon Holding, Gridora will serve as a strategic platform to collaborate with specialist partners and capital providers

The partnership will focus on serving the needs of data centres and industrial centres in the US and other international markets over the long-term

Plenary Middle East will focus on public and social infrastructure opportunities across the Middle East and Central Asia