Economy Politics Local 2025-10-30T16:07:59+00:00

Abu Dhabi Completes Major Acquisition Deal

Al Imad Holding, fully owned by the Abu Dhabi government, has acquired shares from Global Holding Company and Abu Dhabi Development Holding Company. This is a significant move in the emirate's expansion and economic development strategy.


Abu Dhabi Completes Major Acquisition Deal

Maden Holding has announced that Al Imad Holding, a company fully owned by the Government of Abu Dhabi, has completed the acquisition of the shares held by both Global Holding Company and Abu Dhabi Development Holding Company. This transaction marks a significant step in the company's strategy to expand its market presence and strengthen its position in key economic sectors. The Government of Abu Dhabi, through its subsidiary, has demonstrated confidence in the company's growth prospects and its contribution to the emirate's economy. The deal was meticulously structured and aligns with the government's long-term goals for economic diversification and investment attraction.