Investors

Investors

Credit ratings

ADQ’s very strong credit ratings are in line with those of our sole shareholder, reflecting ADQ’s role as a strategic partner of the Government of Abu Dhabi.

Fitch
Moody's
Long-term
AA
Aa2
Outlook
Stable
Stable
Last updated
24 November 2022
8 November 2023

Portfolio companies with public securities

Through transitioning portfolio companies to public markets, ADQ aims to drive best-practice corporate governance and greater transparency, as well as access to global capital markets.

Our portfolio of companies with public securities currently spans six of our seven economic clusters.

Total market capitalization of ADQ’s public portfolio companies

∼USD 122bn
CompanyTicker symbolADQ shareholdingMarket capitalization*(in USD equivalent)FitchMoody'sS&P
ADX: TAQA90.00%~USD 87.54bnUSD 9.1bnAAAa3-
ADX: EMSTEEL87.50%~USD 2.42bn----
ADX: ADPORTS75.42%~USD 7.12bnUSD 1.0bnAA--A+
ADX: AGTHIA62.86%~USD 1.67bn----
ADX: ADAVIATION59.45%~USD 1.86bn----
ADX: PUREHEALTH43.93%~USD 10.92bn----
ADX: E739.76%~USD 0.65bn----
ADX: MODON38.72%~USD 15.08bn----
N/a100%N/aUSD 0.6bnA+--
N/a100%N/aUSD 0.3bnAA1-
N/a45.00%N/aUSD 1.42bn--BBB+
Credit ratings
Public debt

*All data as of 19 September 2024, 4:00pm GST. Note that ADQ consolidated financial statements are prepared in accordance with IFRS, on the historical cost basis except for certain financial assets, financial liabilities and pension liabilities.

GMTN Bond Programme

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ADQ's securities cannot be offered, sold, transferred or otherwise disposed of, in the United States 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 document or any of its contents.

This is an advertisement and not a prospectus for the purposes of Regulation (EU) 2017/1129 (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.

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ADQ’s Sustainable Finance Framework

In alignment with globally acknowledged principles and taxonomies, ADQ’s Sustainable Finance Framework was established in September 2023 and sets out eligible categories with environmental and/or social benefits, under which ADQ may raise sustainable financing. The Framework was assigned the second highest rating (SQS2 – Very Good) by Moody’s Investors Service who provided the Second Party Opinion.

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Governance

What We Stand For

At ADQ, we hold ourselves and our partners to the same high governance and compliance standards.

What We Stand For

Our Governance

No matter where ADQ invests or conducts business, we adhere to our core principles and operate lawfully, ethically and with the utmost integrity.

Read more about our Governance policy

Speak Up

ADQ believes in a “Speak Up” culture. We encourage our people to report any violation concerns of our Code of Conduct and ask the right questions.

Read more about our Speak Up policy

Leadership team

ADQ’s Board comprises representatives from prominent Abu Dhabi entities as well as independent directors. The experienced management team holds various leadership and committee roles at the portfolio level.

ADQ's Board of Directors

The primary role of ADQ’s Board of Directors is to set the strategic direction and provide oversight of the organization. The Board also prioritizes optimal risk management.

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ADQ’s management team

ADQ’s highly experienced management team works collectively to optimize the financial performance of ADQ’s portfolio and grow pioneering businesses across strategic sectors of Abu Dhabi’s economy.

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Newsroom

Read about the newest insights at ADQ.

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