Sheikh Tahnoun Bin Zayed Al Nahyan Chairs Third ADQ Board Meeting of 2025
Sheikh Tahnoun Bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chairman of the Board of Directors for the Abu Dhabi Holding Company (ADQ), presided over the third board meeting of the company in 2025. He expressed appreciation for ADQ’s contributions to economic resilience and sustainable development, highlighting its significant role in creating value within its diverse investment portfolio across key economic sectors.
In a statement on social media, he remarked, “I chaired the ADQ board meeting, where we reviewed the strong performance and ongoing advancements achieved by the company across its varied investment portfolio.”
Key Topics Discussed
During the meeting, the board discussed ADQ’s continuous initiatives to enhance economic resilience and sustainable growth, as well as the progress of the Sprint AI program aimed at accelerating the adoption of data and artificial intelligence technologies.
Sheikh Tahnoun emphasized, “ADQ continues to play a critical role in supporting Abu Dhabi’s economic diversification efforts and solidifying its status as one of the world’s most competitive economies in preparation for the future.”
Financial Performance Overview
The board reviewed ADQ’s financial results for Q2 2025, which indicated robust and sustainable growth. Present at the meeting were prominent figures, including Sheikh Zayed Bin Hamdan Bin Zayed Al Nahyan and various government officials.
Recent Acquisitions and Developments
The board also examined ADQ’s enhancement of its role in key sectors, including the acquisition of a 35% stake in Lima Grain, a subsidiary specializing in seed production. This acquisition is seen as a strategic step towards contributing to the global food value chain and enhancing ADQ’s capabilities in food and agricultural development. The partnership with LiMa Grain aims to accelerate innovation for climate-resilient seeds, thereby strengthening the UAE’s national food security agenda.
Transport and Logistics Achievements
In the transport and logistics sector, Abu Dhabi Airports welcomed over 15.8 million passengers in the first half of 2025, reflecting a 13.1% growth compared to the same period in 2024. This continues a trend of double-digit growth for over four years, underscoring the company’s importance in diversifying the UAE’s economy and enhancing its global connectivity.
Abu Dhabi Ports Group also reported a significant 80% increase in usage at the CMA Terminals at Khalifa Port, along with a 17% rise in container handling volumes year-on-year in Q2. The group’s revenues reached 9.4 billion dirhams, marking a 17% annual increase, supported by ongoing trade growth and expanding global partnerships.
Energy Sector Highlights
In the energy sector, TAQA successfully completed a $1.2 billion acquisition of GS Inima, a leading Spanish water management company. This deal enhances TAQA’s international footprint and adds approximately 171 million gallons per day of desalination capacity to its existing 1,250 million gallons. TAQA reported revenues of 28.4 billion dirhams, reflecting a 4.5% increase compared to the same period in 2024.
Healthcare Sector Growth
In the healthcare and life sciences domain, PureHealth saw a significant rise in the number of outpatient visits, with a 13% increase year-on-year to reach 4.4 million visits. Hospital admissions also rose by 7% to 108,000 cases. The network reported revenue of 13.6 billion dirhams, a 9% increase, affirming its position as the largest integrated healthcare provider in the region.
Real Estate Developments
In the real estate sector, Modon launched the “Wadiem” project, its first residential community on Hudayriyat Island, offering over 1,700 plots for construction. The company also announced the successful sale of all units in the luxury “Mahira” project on Reem Island.
Strategic Talent Management Initiatives
The board discussed ADQ’s ongoing efforts to adopt an efficient talent management approach across its portfolio companies, aligning talent with strategy to facilitate effective execution, accelerate growth, and create sustainable long-term value.
Sprint AI Program Advances
Additionally, progress was made on the Sprint AI program, which focuses on leveraging data and artificial intelligence across portfolio companies. The initiative has seen the launch of over 15 data and AI initiatives and the activation of more than 50 large-scale AI use cases, contributing to significant business impacts.
Conclusion
Mohammed Hassan Al Suwaidi, CEO of ADQ, stated that in line with Sheikh Tahnoun’s directives, ADQ continues to bolster Abu Dhabi’s economic resilience through quality investments aligned with national priorities, supporting food security while solidifying the group’s commitment to the emirate’s economic growth objectives.