#ADQ

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

Etihad Aviation Group ownership transferred to ADQ

Full ownership of Etihad Aviation Group transferred to ADQ

Earlier this year, Etihad Aviation Group’s ancillary businesses moved to holding company ADQ’s portfolio to form an integrated aviation support services company

Further Ventures to support startups

Further Ventures launches $200m fund, backed by Abu Dhabi’s ADQ  

Further will partner with entrepreneurs, as an institutional co-founder, to launch and grow new ventures from ideation to exit

ADQ monetises minority stake in Taqa to Multiply Group, Abu Dhabi Pension Fund, other investors

Abu Dhabi-based Taqa has significant investments in power and water generation, transmission and distribution assets, as well as upstream and midstream oil and gas operations

Flat6Labs

ADQ’s venture platform, Flat6Labs reveal startups under Ignite programme’s new cycle

The cohort includes seven UAE-born startups and three international companies that will now establish significant business operations in Abu Dhabi

ASIF ADIA ADQ

UAE’s ADIA, ADQ sign Rabat Declaration, support first Africa Sovereign Investors Forum

In addition to ADIA and ADQ, Kuwait Investment Authority and Qatar Investment Authority were among the GCC entities present at the forum

Abu Dhabi Chamber to offer its services on government services platform TAMM

ADQ to buy Turkish pharmaceutical firm Birgi Mefar Group to strengthen portfolio

The investment expands ADQ’s life sciences capabilities in sterile injectables and wider pharmaceutical services segments

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others

uae jordan egypt industrial partnership

UAE, Egypt and Jordan agree on $10bn industrial partnership investment fund

The five areas that the three countries will cooperate on include food, agriculture and fertilisers; pharmaceuticals; textiles; minerals and metals; and petrochemicals

Abu Dhabi

Abu Dhabi’s ADQ announces EUR4bn investment partnership with Greece

The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece

ADQ and Chimera Investments to launch UAE’s first SPAC on ADX

With the launch and listing of ADC, ADQ and Chimera aim to capitalise on ADX’s newly-issued SPAC regulations

ADQ, E20 Investment partner to launch animal health platform

The new platform will comprise a vaccine manufacturing facility and complex with two hospitals dedicated to animals in Abu Dhabi

Abu Dhabi’s ADQ, Turkey Wealth Fund launch $300m venture capital fund

The fund will invest in companies developing emerging technologies or improving existing ones in key sectors

UAE’s ADQ, Alpha Dhabi, Etisalat and FAB to launch next-gen banking platform

Wio will offer customers in the UAE a fully digital banking choice with tailored products and services to meet their lifestyles and needs

Abu Dhabi Ports surges on debut after $1.1bn share sale

In 2021, Abu Dhabi Ports handled 45 million tons of general cargo volumes

Abu Dhabi’s EDGE Group appoints ADQ’s group CIO as new CEO

Mansour Mohamed AlMulla is also a board member of the Abu Dhabi National Energy Company, Abu Dhabi Ports Company, Abu Dhabi Global Market, and Etihad Aviation Group

Hisham Khalid Tawfiq Abdulkhaliq

ADQ appoints new chairman of Abu Dhabi Securities Exchange

Hisham Khalid Tawfiq Abdulkhaliq Malak also serves as the undersecretary of the Department of Finance

ADQ to create UAE’s largest healthcare platform within Pure Health

Abu Dhabi Health Services Company and The National Health Insurance Company will merge into Pure Health as part of the agreement

ADQ, Etihad unveil plans to grow Abu Dhabi’s aviation ecosystem

Etihad Airways to divest several entities to ADQ’s new company and to ADNEC

ADQ is said to take 50% stake in IHC’s Eltizam Asset Management

IHC shares have nearly quadrupled over the past year

Abu Dhabi’s wealth funds weigh Turkey investments worth billions

Among funds eyeing Turkish investments are Abu Dhabi Investment Authority (ADIA) and ADQ

Abu Dhabi’s Aldar-ADQ consortium offers to purchase up to 90% stake in Egypt’s SODIC

The consortium is offering a purchase price of EGP20 per share, valuing the company at $453m

ADQ announces intent to list Abu Dhabi Ports on ADX

ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing

Technology_Farm

Abu Dhabi based ADQ to launch region’s largest tech-enabled farming hub

The AgTech Park project aims to accelerate sustainable local food production and position the UAE as a hub to supply high-growth markets across the Middle East and Africa.

Abu Dhabi’s ADQ and Qatar’s QIA among investors in latest Flipkart funding round

The latest funding round has boosted the Indian online retailer’s valuation to $37.6bn