Money and business in the Middle East.

Sovereign Funds

ADQ

United Arab Emirates · 2018 · L'IMAD Holding Company (Government of Abu Dhabi)

An Abu Dhabi sovereign holding company with a large portfolio of national companies such as Etihad Airways and Abu Dhabi Commercial Bank, and AD Ports Group (98.93% after the offer that settled on 25 September 2026). Under a January 2026 resolution of the Supreme Council for Financial and Economic Affairs, its assets and investments were consolidated under L'IMAD Holding Company, of which it is now a wholly owned subsidiary.

www.adq.ae ↗

Data note: ADQ's founding Managing Director and Group CEO, Mohamed Hassan Alsuwaidi, left in January 2026 to lead Lunate (Abu Dhabi Media Office, 29 Jan 2026), and no successor has been publicly named. ADQ's own leadership page still listed him when INXEN read it on 1 Nov 2026, so INXEN shows no ADQ leaders until an official source names them.

Mandate: An Abu Dhabi sovereign holding company focused on critical domestic infrastructure and supply chains, including utilities, food, healthcare, transport and financial services, with growing regional investments.

Verified · updated 4 Nov 2026

Key facts

$251 bn

Total assets (as reported)

Total assets as reported by Semafor (Apr 2025) from an ADQ spokesperson; a secondary press source, not ADQ's own report; not assets under management.

Semafor· Tier 2 · reputable press·as of Apr 2025·source dated 18 Apr 2025·updated 4 Nov 2026·About this indicator

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Sources

  1. Semafor · semafor.com · Tier 2 · reputable press