Tahnoon bin Zayed leads ADQ Board of Directors meeting in Abu Dhabi

Post by: Omar Nasser

Photo : Abu Dhabi Media Office

His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and a member of the Supreme Council for Financial and Economic Affairs, led the meeting of ADQ's Board of Directors. He praised ADQ for its efforts in helping Abu Dhabi grow by focusing on important projects and improving supply chains.

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The board discussed ADQ’s strong financial results for 2024, showing that the company continues to grow each year. The meeting also highlighted ADQ’s goal of making a positive impact on local businesses and communities.

The board was updated on important deals and partnerships that ADQ has made recently. These projects aim to help build better infrastructure and improve business connections worldwide. Some of the recent achievements include creating Plenary Middle East, a platform to help fund important projects in the Middle East and Central Asia. Another important partnership was the creation of Orion Abu Dhabi, which will invest in vital minerals in countries across Africa, Asia, and Latin America.

ADQ also signed agreements with other major companies and organizations. For example, they worked with the International Finance Corporation to start projects in different parts of the world. They also signed agreements with a company called Eni to help improve the supply of important minerals for energy.

The board was also told about a new clean energy project launched by Emirates Water and Electricity Company (EWEC) and Masdar. This new project in Abu Dhabi is the world's first to combine solar power with battery storage, making it a big step for clean energy.

ADQ is also using new technology to make better decisions. They introduced a system called Q that can give advice and help guide meetings. This system uses smart technology to make the decision-making process easier and more effective.

Finally, the meeting discussed how ADQ’s work is helping to improve communities. Their projects are making life better by improving services and infrastructure in the area.

The meeting was attended by many important figures, including His Excellency Mohamed Hassan Alsuwaidi, Managing Director and Group CEO of ADQ. He said that ADQ's work continues to help the economy grow stronger, and their new partnerships and projects will have a positive effect on industries like energy and real estate.

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