Alpha Dhabi to divest 49 per cent stake in construction subsidiary to ADQ Image-courtesy-WAM

Alpha Dhabi to divest 49% stake in construction firm to ADQ

The collaboration will enable the entities to tackle complex, large-scale projects with a keen focus on safety, quality, and timely delivery


UAE deal bolsters Egypt’s foreign reserves in March

Egypt received the initial $5bn payment from the UAE in its $24bn deal at Ras El Hekma peninsula west of Alexandria

ADQ launches Arcera

Abu Dhabi’s ADQ launches Arcera to boost life sciences sector

Arcera plans to double its revenue within five years through strategic acquisitions and partnerships

Sizewell C nuclear energy plant

UAE signals interest in European nuclear energy investments: Reports

According to reports, ENEC, owned by Abu Dhabi’s ADQ, has been holding talks to invest in the UK


Egypt’s credit outlook upgraded to positive by S&P amidst foreign investments

Egypt’s commitment to exchange rate liberalisation combined with budgetary consolidation targets are crucial for boosting international confidence

Egypt gets EUR7.4bn aid package from the EU

Egypt secures EUR7.4bn aid package from the EU

The funding program will prioritise economic stability, investments and trade as well as migration and security

UAE President receives Egypt President photo Wam

S&P upbeat on Egypt rating after $35bn UAE deal

Moody’s on Thursday affirmed its CAA1 rating but changed its outlook on Egypt to positive citing significant official and bilateral support

Abu Dhabi’s Unifrutti expands footprint with fresh acquisitions

Abu Dhabi’s Unifrutti eyes further Latam growth after fresh acquisitions

The company is owned by Abu Dhabi wealth fund ADQ and distributes 500,000 metric tonnes of fresh fruits worldwide per year

Egypt raises minimum wage by 50% as part of ‘urgent’ package

How big are Egypt’s economic challenges?

As many as 60 per cent of Egypt’s 106 million citizens are estimated to be below or close to the poverty line

ADQ taps banks for Etihad Airways IPO, says reports

Abu Dhabi’s ADQ reportedly picks banks for Etihad Airways IPO

The sovereign fund may add more banks later and the final lineup of advisers may change as there is no final decision on the timing of the IPO

Egypt signs expanded $8bn loan deal with IMF

Egypt secures IMF deal after pound plunge, bumper rate hike

The central bank raised the overnight lending rate to 28.25 per cent and its overnight deposit rate to 27.25 per cent


Etihad readying for possible IPO reveals CEO Antonoaldo Neves

Etihad will publish a 2023 annual report by mid-April for the first time, including details of pandemic-related government support

Etihad Airways carries 14 million passengers in 2023

Etihad Airways witnesses 40% yearly surge in passenger traffic

The airline reported a 2023 net profit of Dhs525m and a previously unreported 2022 net profit of Dhs92m

Wizz Air Abu Dhabi carries 3 million passengers in 2023

Wizz Air Abu Dhabi carries 3 million passengers in 2023

The budget carrier operated more than 15,000 flights and carried three million passengers

ADQ, Azerbaijan’s AIH form joint investment platform

ADQ, Azerbaijan Investment Holding form joint investment platform

The venture will seek and leverage investment opportunities to generate sustainable financial returns on deployed capital

UAE investments in Turkiye hit Dhs20.6bn

World Investment Forum 2023: UAE investments in Turkiye hit Dhs20.6bn

The two nations are collaborating in areas such as climate change, energy, water, and food security

Silal launches food tracking system powered by blockchain tech Image Silal X

Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system

The traceability feature is accessible by scanning the QR code of a Silal Fresh product through the Silal App

ADQ to open next gen greehouse in ADQ Image ADQ twitter

Abu Dhabi’s ADQ, Safe Haven Solutions to construct high-tech greenhouse in KEZAD

The new project will use advanced technology to sustainably cultivate tomatoes and cucumbers year-round in the UAE

Abu Dhabi's ADQ, IHC look to merge with Q Holding Image GettyImages-1366647006

ADQ, IHC Capital propose merger with Q Holding to create $12bn entity

The proposed transaction would create one of the largest real estate, hospitality, events and catering platforms in the region

GCC wealth funds are fueling growth and prosperity

How GCC wealth funds are fuelling growth and prosperity

Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope

Abu Dhabi’s ADQ, Canada’s BMO to acquire minority stakes in Sagard

ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard

The transaction is expected to close in the third quarter, subject to regulatory approvals

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia-led consortium secures funding for hazardous waste treatment plant

Veolia will lead the waste management operations, leveraging its comprehensive expertise in hazardous waste treatment chain

Ukraine seeks UAE support.

Ukraine counts on UAE wealth funds to build its economy

Ukraine presented its economic transformation strategy and invited UAE funds to participate in the development of its wealth fund

AD Ports partners with Egypt’s SCZone

AD Ports, Suez Canal Economic Zone partner to develop projects in Egypt

The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh

ADQ AgTech Park commences operations with vertical farming project

ADQ’s AgTech Park begins operations, launches vertical farming project

At full scale, the 200-hectare AgTech Park will target production volumes of over 40 kilotonnes of fresh fruits and vegetables annually

Porsche Taycan Turbo. Image by Porsche

Porsche operating profit in 2022 surges $7.2bn on high revenues

The automaker said it is pushing its strategy of modern luxury in 2023 and has started its ambitious Road to 20 programme

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities

Abu Dhabi transfers Tadweer to ADQ portfolio

The transfer complements ADQ’s energy and utilities portfolio and its efforts in supporting the nation’s circular economy

UAE trade agreements

UAE funds to buy $855m stake in Israeli financial firm

Phoenix Group is listed on the Tel Aviv stock exchange, with a market value of $2.85bn

Abu Dhabi Global Market

Aliph Capital secures $125m investment from Abu Dhabi’s ADQ

Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC