#ADQ

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

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