Tahnoon bin Zayed chairs a board meeting "Holding -adq Holding"

Abu Dhabi, July 10 / WAM / in line with the wise vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of the Emirate of Abu Dhabi, Member of the Supreme Council for Financial and Economic Affairs, Chairman of the Board of Directors of “Holding -EadQ”, stressed that “Holding -EdQ” is committed to enhancing the foundations of economic flexibility and sustainable development and support for digital transformation efforts Economic diversification in the United Arab Emirates through qualitative investments and strategic partnerships implemented by the company in global markets.

During his presidency, His Highness said the “Holding Holding Board”, a sovereign investment company that focuses on investing in basic infrastructure and global supply networks: “We will continue to focus on investments that constitute basic empowerment factors to achieve national growth and prosperity in the long run in different sectors.”

The Board of Directors reviewed the financial performance of “Holding -EadQ” during the first quarter of 2025, which continues to achieve strong growth, and reviewed the company’s most prominent activities during that period, which included acquisition of a majority share in Aramex through an optional purchase offer; After completing the deal successfully, “Aramex” becomes a major part of the transmission and logistical services sector at “Holding -EadQ”, to contribute to enhancing the integration and management of supply networks and supplying the current investments within this sector.

The Board of Directors reviewed the summary of the strategic importance of the $ 25 billion investment partnership with the company “Energy Capital Partners”, the largest private company operating in the energy and renewable energy generation sector in the United States, which aims to develop energy generation and infrastructure development in the United States to meet the growing demand that databases need due to the increasing use of artificial intelligence technologies and support The expansion of the US energy sector infrastructure.

Among the accomplishments that were presented during the meeting were the launch of the “Gridora” company in April 2025, a joint project between “Holding -EadQ”, “International Holding Company” and “Modon Holding” to develop infrastructure projects and enhance the partnership between the public and private sectors.

“Jeridora” will operate under the umbrella of “Modan Holding” with the aim of enhancing cooperation with partners and those who are transmitted to develop major infrastructure projects with a concrete economic impact. Also in April 2025, “Holding Holding”, “International Holding Company” and Abu Dhabi First Bank announced the establishment of an alliance to launch a stable digital currency backed by Emirati dirhams and is fully subject to the supervision and organization of the United Arab Emirates Bank.

This currency contributes to facilitating the conduct of payment and business operations at the local and global levels, consolidating the position of the UAE as a leading global center for financial technology, and promoting digital infrastructure in the country. In May, “Holding -EadQ” announced the issuance of two billion dollars of two billion dollars for the third time in the international capital markets, as part of its endeavors to diversify the sources of financing and enhance its financial flexibility.

These bonds are expected to contribute to the development of the capital of “Holding -EdQ” and financing their investment projects to enable them to achieve their long -term growth aspirations. The release was widely popular with investment companies in the United States of America, the Middle East, the United Kingdom, Europe and Asia. The subscription was covered by 3.5 times, which reflects the confidence of investors around the world with the credit power of “ADQ” and the value it provides in the long run.

The Council reviewed the contributions of “Holding -EadQ” to the national strategy of artificial intelligence 2031 and the agenda of the Emirate of Abu Dhabi in these areas. In addition to some other relevant initiatives, including the launch of “Holding” “SPRINT.AI”, which aims to enhance innovation and digital transformation and adopt artificial intelligence. The program continues throughout the next five years, and it is based on three main pillars, the first: support efforts to develop an advanced infrastructure for data, governance and analysis capabilities, and the second: supporting research on artificial intelligence technologies, adopting and using it in a commercial manner within the main sectors, and the third: developing innovative solutions and supporting experimental projects.

The program aims to enhance the readiness of companies for the “Holding Holding” for the future, and to improve their flexibility through strategically distributing resources, and enabling these companies to employ advanced technologies and practices in their operations. The first companies that used the program include “baskets”, Abu Dhabi Ports Group and “Food” group.

The council also reviewed the main achievements within the portfolio of the “Holding Companies”; In the energy and utilities sector, the “Taqah” company and the Emirates Water and Electricity Company agreed to develop a new energy infrastructure, in line with the national artificial intelligence strategy 2031 and the Emirates Climate Neutral Strategy 2050, where the two sides signed an agreement to purchase energy for 24 years to develop the OCGT gas turbine “in the Dhafra region with a capacity of 1 GW.

The “Salal” company in the food and agriculture sector concluded a strategic partnership with the Chinese “Showwang and Agricultural Industries Group”, with the aim of building a center for agricultural technology with an area of ​​100 thousand square meters in the Al Ain region, where the center will employ artificial intelligence technologies and robots to enhance efficiency and support sustainable innovation in the agricultural sector.

In the sustainable manufacturing sector, Emstil, the largest iron production companies in the UAE, concluded a partnership with the company “Midasn Energy” specialized in managing salt solutions, to launch the first initiative of its kind in the Emirates to convert water desalination materials into renewable blue energy and magnesium carbonate, and this project is in line with the UAE’s goals to enhance innovation, reduce emissions, and improve resource efficiency.

The meeting of the “Holding Holding Board” witnessed the use of members of the Board of Directors the latest version of the adviser based on artificial intelligence, which brings together many techniques of artificial intelligence and the broad cognitive basis for “Holding -EadQ”, and is characterized by the ability to provide advice and suggest valuable ideas to the board of directors during the meetings, and provide assistance in the decision -making process.

The Board of Directors affirmed its constant commitment to enhance the role of “Holding -EadQ” in enabling the economic diversification process for the Emirate of Abu Dhabi and consolidating its global competitiveness.

The meeting was attended by His Highness Sheikh Zayed bin Hamdan bin Zayed Al Nahyan, His Excellency Jassim Mohammed Bouakaba Al Zaabi, His Excellency Mohammed Hassan Al Suwaidi, His Excellency Mohammed Mubarak Fadel Al Mazrouei, His Excellency Dr. Ahmed Mubarak Al Mazrouei, His Excellency Abdullah bin Mohammed Al Hamid, and Cage-Erik Riland.

His Excellency Mohamed Hassan Al -Suwaidi, Managing Director and CEO of the group in “Holding -Eadq”: A quality and influential focus on developing infrastructure and supply chains, and the performance indicators in the first quarter of this year reflect a complete harmony between our activities and the investment, development and economic goals of the Emirate of Abu Dhabi, and indicate the effectiveness of our strategic plans to cause a sustainable positive impact on the performance of the national economy.

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