LIMAD And ADQ Consolidation Creates A Diversified Sovereign Investment Platform For Abu Dhabi

The Supreme Council for Financial and Economic Affairs has decided to combine the assets and investments of L’IMAD Holding Company and Abu Dhabi Developmental Holding Group under L’IMAD. The move creates a single sovereign investment entity with a broad asset base, designed to support Abu Dhabi’s sustainable investment policy and strengthen long-term economic development for Abu Dhabi and the wider UAE.

The restructuring supports the vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to expand sovereign investment funds domestically and overseas. It also aims to preserve the stability and continuity of Abu Dhabi’s investment strategy, which has evolved over more than 50 years, while aligning existing platforms under one operating umbrella.

Under the resolution, L’IMAD Holding Company falls within the portfolio supervised by the Supreme Council for Financial and Economic Affairs. The Supreme Council also oversees the Abu Dhabi Investment Authority, Mubadala Investment Company and the Abu Dhabi National Oil Company. ADNOC continues to operate in the oil, gas and petrochemicals sectors as a key contributor to government revenues.

L’IMAD Holding Company will be chaired by H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. L’IMAD will be led on a day-to-day basis by Jassem Mohamed Bu Ataba Al Zaabi, who serves as Managing Director and Chief Executive Officer, responsible for strategy execution and portfolio performance.

The combined group will seek to develop investment platforms that are competitive at a global level. L’IMAD Holding Company intends to build leading national companies in sectors viewed as strategically important, including energy, real estate development, infrastructure, healthcare and pharmaceuticals, food industries, aviation, ports, and the financial and banking sectors, alongside a broad mix of industrial and technology activities.

L’IMAD Holding Company is expected to manage differentiated operational, industrial and technological capabilities. It will invest through platforms in both private and public capital markets, using direct stakes and indirect stakes through investment funds. This structure is designed to give Abu Dhabi’s sovereign investment system greater flexibility, wider diversification and improved access to international capital and expertise.

The diversified portfolio of L’IMAD Holding Company will comprise operational, developmental, industrial and financial assets. The combined group will include 25 investment companies and platforms and more than 250 subsidiaries. These entities will span domestic and international markets, reflecting the ambition to scale Abu Dhabi-linked assets worldwide while maintaining links to priority sectors in the local economy.

A number of prominent companies and platforms sit within the scope of L’IMAD Holding Company, including energy, transport, healthcare and financial holdings.

Through these holdings, L’IMAD Holding Company will also pursue an expanded international investment footprint. The group plans to use private investment funds, both independently and in cooperation with strategic partners, concentrating on priority sectors identified by Abu Dhabi. The overall structure is intended to align investment activity with national economic objectives while maintaining a diversified sovereign portfolio.

With inputs from WAM