Highlights
Photo caption: Anas Jawdat Albarguthi, Group Chief Operating Officer at ADQ, meets with NBA Deputy Commissioner and Chief Operating Officer, Mark Tatum on a basketball court in Abu Dhabi.
In line with its dedication to making a positive impact, ADQ, an Abu Dhabi-based investment and holding company, announced an initiative that aims to refurbish a number of public basketball courts in Abu Dhabi in collaboration with the National Basketball Association (NBA), helping to promote a healthy and active lifestyle.
Anas Jawdat Albarguthi, Group Chief Operating Officer at ADQ, said: “The planned refurbishment of basketball courts across Abu Dhabi is part of our commitment to promoting the importance of an active lifestyle. These revamped facilities will serve as dynamic training hubs for Jr. NBA clinics and other youth basketball programming, fostering talent among athletes aged six to sixteen. Additionally, the upgraded venues will host 'NBA 3X' 3-on-3 tournaments, providing an exciting and competitive platform for the region.”
In addition to serving as the presenting partner of The NBA Abu Dhabi Games since 2023, ADQ supports a variety of NBA fan engagement and youth development initiatives to develop the next generation of fans and players in the UAE.
The NBA Abu Dhabi Games 2024 presented by ADQ featured the 18-time NBA champion Boston Celtics and the 2023 NBA champion Denver Nuggets playing two preseason games on Friday, October 4 and Sunday, October 6 in Abu Dhabi.
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.
Direct to your inbox
ADQ News and Insights delivered directly to your inbox