ADQ board approved company's year-to-date financial performance

According to Amac News: The meeting reviewed ADQ’s financial performance this year and emphasized its continued growth compared to previous years.
Sheikh Tahnoun emphasized the importance of ADQ in Abu Dhabi’s economic growth and development, saying that the organization plays an important role as an active investor in critical infrastructure and global supply chains.
The ADQ Board of Directors noted the organization’s $35 billion investment in transforming Ras Al-Hikma into a premium coastal destination in Egypt, which will contribute to economic growth and tourism in the country.
The acquisition of a 49% stake in Plenary Group, a leading group in public-private infrastructure projects in Australia, was also reviewed.
Reports on the achievements of ADQ’s portfolio of companies were presented at the meeting. Zayed International Airport was named the fastest airport in the Middle East with a 31.2% increase in passenger numbers, while the opening of the CMA terminal increased the annual container capacity of Port Khalifa by 23%, and the Barakah Nuclear Power Plant generated 40 terabytes of carbon-free electricity.
In the energy sector, it was announced that TAQA Group has completed the acquisition of SWS Holding and has plans to expand in Saudi Arabia with two new power plants. Unifrutti also expanded its multi-fruit platform with the new acquisition.
The board discussed ADQ’s five-year business plan and its AI strategy, which aims to accelerate transformation in its subsidiaries.
ADQ’s CEO also stressed the organization’s commitment to advancing the emirate’s economic priorities and creating sustainable value.