Our Journey 2022

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Throughout 2022, we continued to cement ADQ’s footprint across key sectors of the diversifying economy. In addition to more acquisitions beyond the borders of the nation, we marked our first listing and the monetization of a stake in a key asset as three additional companies were transferred into our portfolio.”

Dr. Jaap Kalkman
Group Chief Investment Officer
Corporate Development
  • Launched ‘Bridges of Hope’ program with Zayed Higher Organization for People of Determination
Portfolio Management
  • Appointed new Chairman of Abu Dhabi Securities Exchange (ADX)
January
Portfolio Consolidation
  • Listed AD Ports Group on ADX
Corporate Development
  • Launched digital banking platform Wio
  • Published ADQ’s Climate Change Position Statement
  • Published ADQ’s Biodiversity Position Statement
  • Published ADQ’s ‘ESG Journey at a Glance 2022’
  • Published ADQ paper: ‘Redefining Regional Pharma’
Acquisitions
  • Acquired pharmaceutical company Acino International
February
Corporate Development
  • Launched the ADQ Ramadan Football Tournament
Sovereign Investment Partnerships
  • Launched USD 300 million venture capital fund with Türkiye Wealth Fund
March
Corporate Development
  • Established a new animal health platform in Abu Dhabi alongside E20 Investment
Acquisitions
  • Acquired stakes in several companies in Egypt
April
Portfolio Consolidation
  • Launched the UAE’s first Special Purpose Acquisition Company with Chimera Capital
Sovereign Investment Partnerships
  • Partnered with key banks in Greece
May
Corporate Development
  • Launched ADQ Growth Lab to accelerate innovation and R&D
Sovereign Investment Partnerships
  • Launched a fund with Jordan’s Ministry of Digital Economy and Entrepreneurship (MoDEE)
June
Acquisitions
  • Acquired Birgi Mefar Group (BMG)
July
August
Sovereign Investment Partnerships
  • Developed valuable partnerships in the Sultanate of Oman
Portfolio Consolidation
  • Monetized a minority stake in TAQA
Portfolio Consolidation
  • Anchored USD 200 million fund launched by Further Ventures
September
Corporate Development
  • Published ADQ paper: ‘Destination Digitalization: The Future of Logistics’
Portfolio Consolidation
  • Offered to combine shareholdings in AMMROC, Etihad Engineering and GAL into Abu Dhabi Aviation (ADA)
Portfolio Management
  • Appointed new CEO of Etihad Aviation Group
Asset Transfers
  • Etihad Aviation Group (EAG)
October
November
Asset Transfers
  • Abu Dhabi Waste Management Company (Tadweer)
Portfolio Consolidation
  • Merged SEHA and Daman into PureHealth
December