ADQ, an investment and holding company based in Abu Dhabi, announced in a statement that it has acquired Q Mobility to enhance transportation services through intelligent mobility solutions, with a focus on g sustainable and integrated solutions that support the growth of the UAE. does, has established
Publish dateWednesday 11 September 2024 - 11:11
According to the announcement, Q Mobility aims to provide efficient, reliable and convenient solutions by integrating advanced and innovative technologies.
The company is integrated into the wider ADQ transport and logistics portfolio, which also includes Abu Dhabi Airports, AD Ports Group, Etihad Airways, Wizz Air Abu Dhabi and Etihad Rail.
DARB, which has been operational since 2021, manages eight toll gates in Abu Dhabi located on major bridges across the city. Mawaqif System was established in 2009 to provide motorists with structured and fully digital public parking facilities in Abu Dhabi.
By bringing together assets from the entire value chain, ADQ aims to develop cluster ecosystems and support the growth of portfolio companies by harnessing their strengths and creating long-term value.
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Source : news agency wam
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