Highlights
- Local presence builds on the AED 73 billion joint strategic platform launched in 2019 between ADQ and The Sovereign Fund of Egypt (TSFE)
ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has established a new office in Egypt to build on its commitment to investing in the country’s economic growth.
The opening of ADQ’s new office complements theUS$20 billion (AED 73 billion) strategic investment platform launched in 2019 between ADQ and The Sovereign Fund of Egypt (TSFE). The platform aims to help advance Egypt’s economic development through joint strategic investment projects, specialised funds and investment tools in key sectors such as healthcare and pharma, utilities, food and agriculture, real estate and financial services.
About ADQ
Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s expanding portfolio has a total book value of USD 225 billion (as at 30 June 2024) and encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Instagram, LinkedIn, and X.
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