12
January
2022
Disclaimer

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

This information does not constitute an offer, or an invitation to purchase, securities of Abu Dhabi Developmental Holding Company PJSC (ADQ) in the United States or in any other jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation.  Potential users of this information are requested to inform themselves about and to observe any such restrictions.
ADQ's securities cannot be offered, sold, transferred or otherwise disposed of, in the United States, or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act of 1933, as amended (the Securities Act)), absent registration, or an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act.  ADQ has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States.

This communication has not been approved by the United Kingdom Financial Conduct Authority. This communication does not constitute an offer of the securities to the public in the United Kingdom. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order), and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order, and (iv) any other persons to whom it may otherwise lawfully be communicated or caused to be communicated (all such persons in (i) to (iv) together being referred to as Relevant Persons). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this communication or any of its contents.

This is an advertisement and not a prospectus for the purposes of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the Prospectus Regulation). Investors should not subscribe for or purchase any securities referred to in this advertisement except on the basis of information contained in the base prospectus dated 29 April 2024, as supplemented by the supplement thereto dated 25 September 2024.

Zayed Higher Organization (ZHO) and ADQ launch ‘Bridges of Hope’ to help support people of determination in Egypt

Highlights

  • Zayed Higher Organization is leading the UAE’s contribution to Egypt’s presidential campaign ‘Hayah Karima’ (Decent Life)

The Zayed Higher Organization for People of Determination (ZHO) and ADQ, an Abu Dhabi-based investment and holding company today announced the launch of the ‘Bridges of Hope’ program to support people of determination in Egypt. The joint initiative is in cooperation with the Egyptian Ministry of Youth and Sports (MOYS), which oversees the Office of People of Determination and offers a full range of educational, behavioral, and rehabilitative services.

Zayed Higher Organization for People of Determination is representing the United Arab Emirates through its participation in the “Haya Karima” (Decent Life) initiative launched by His Excellency President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, which aims to strengthen social opportunities and protection for people of determination, as part of efforts to elevate the quality of human development services for all societal categories.

The ZHO and ADQ ‘Bridges of Hope’ program aims to develop 60 centers in several Egyptian villages, providing integrated services to support and empower people of determination from different backgrounds and skill-sets. A specialist team of social workers and speech pathologists will also conduct workshops to identify learning difficulties and provide people of determination with the specialized skills in order to overcome them, in addition to implementing programs designed to provide psychological and social support. Additionally, ZHO will offer awareness programs and facilitate knowledge transfer, in partnership with MOYS and other relevant authorities, for families and parents to equip them with the right resources to approach their children.

Dr. Ashraf Sobhi, the Egyptian Minister of Youth and Sports, reiterated Egypt’s commitment to integrating people of determination across social activities and projects, under the directive of President Abdel Fattah Al-Sisi to empower them achieve their dreams and incorporate them within society. Dr. Sobhi also expressed his gratitude and appreciation to the UAE’s leadership and community for their ongoing support to Egypt.

“The collaboration between the Egyptian Ministry of Youth and Sports, Zayed Higher Organization, and ADQ, is the first significant project that will see us work hand-in-hand in service of Egypt’s youth and young adults through the implementation of a continuous stream of programs and projects,” commented Dr. Sobhi.

ZHO's Secretary General, His Excellency Abdulla Abdulalee Alhumaidan, praised the collaboration between the ZHO and ADQ, and the strong bilateral relations between Egypt and the UAE, led by His Highness Sheikh Khalifa bin Zayed Al Nahyan, and President Abdel Fattah Al-Sisi, commenting: "The longstanding bilateral relations between the UAE and Egypt are not only historic but also strategic as we both embark on enhancing the process of economic and social progress and advancement to ensure the welfare of all citizens, and this is also what we seek to achieve from our partnership with ADQ on our collaborative program – ‘Bridges of Hope’.”

His Excellency Abdulla Alhumaidan continued: "The implementation of the ‘Bridges of Hope’ program is in line with the directives of His Highness Sheikh Khalid bin Zayed Al Nahyan, Chairman of ZHO. The program reflects the steadfast international efforts of the UAE to reinforce the importance of humanitarian and relief aid, regionally and globally.”

Our collaboration with ZHO to deliver the ‘Bridges of Hope’ program will help to expand care for people of determination and facilitating their integration into society. Our enriching program will provide valuable opportunities for training, development, and vocational and therapeutic support. Bridges of Hope complements our joint US$20 billion (AED 73 billion) strategic investment platform with The Sovereign Fund of Egypt (TSFE), which was established in 2019 and aims to contribute to the economic development of Egypt and support its local communities.

Anas Albarguthi, Chief Operating Officer at ADQ

The ‘Hayah Karima’ (Decent Life) initiative encompasses development efforts aimed at transforming the lives of more than half of the Egyptian population, under the patronage of His Excellency President Abdel Fattah Al-Sisi. As a comprehensive and integrated developmental program, we aim to make a positive impact on the quality of life for Egyptians, particularly those who reside in rural areas, through planned and invaluable activities and projects.

Dr. Walaa Jad Al Kareem, Director, ‘Hayah Karima’ (Decent Life) Initiative, Ministry of Local Development

“The ‘Bridges of Hope’ program demonstrates the brotherly ties between the Egyptian and Emirati communities and is an integral addition to the ‘Hayah Karima’ (Decent Life) initiative. It also reiterates the focus and dedication of Egypt’s leadership on people of determination, in line with the National Human Rights Strategy, which was launched by the President in September 2021. Through this program and with the support of our partners, we will develop the essential framework for empowering people of determination as we further integrate them into the community,” continued Dr. Walaa.

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

Latest News

The ADQ FWD platform brings together industry experts, government, and advocacy leaders to discuss and address issues of economic and strategic importance for the UAE.