22 Jun

Moody’s and Fitch assign very strong investment grade credit ratings of Aa2 and AA to ADQ


ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, has been assigned long-term issuer credit ratings of Aa2 (Stable) and AA (Stable) from leading global credit ratings agencies, Moody’s and Fitch, respectively.

The credit ratings, which are on par with the Abu Dhabi government’s credit ratings, validate ADQ’s solid financial position and valued role as a strategic partner of the Abu Dhabi government to deliver continued prosperity for the Emirate and the nation. The assigned credit ratings provide enhanced visibility and confidence over ADQ’s creditworthiness to strategic partners, financial institutions and investors.

From the outset, ADQ has consistently applied rigorous portfolio management principles and a disciplined approach to capital deployment to deliver on our mandate to create value for our strategic partner and shareholder, the Abu Dhabi Government. The very strong credit ratings are a testament of our progress and will provide ADQ with new opportunities to further diversify and optimise our capital structure.

Marcos de Quadros, Chief Financial Officer of ADQ

About ADQ

Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.

For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Twitter, Instagram and LinkedIn.

Direct to your inbox

ADQ News and Insights delivered directly to your inbox

Latest News

The ADQ FWD platform brings together industry experts, government, and advocacy leaders to discuss and address issues of economic and strategic importance for the UAE.