The Supreme Council for Financial and Economic Affairs (SCFEA) of Abu Dhabi has issued a resolution to consolidate the assets and investments of L’IMAD Holding Company (L’IMAD) and the Abu Dhabi Developmental Holding Group (ADQ) under L’IMAD.
The resolution aims to establish a sovereign investment powerhouse with a diversified asset base, supporting Abu Dhabi’s sustainable investment policy and driving long-term economic growth for Abu Dhabi and the UAE.
It reflects continued progress in delivering the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, to strengthen sovereign investment funds locally and globally, while preserving the stability and continuity of Abu Dhabi’s investment strategy built over more than five decades.
Chaired by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, L’IMAD will develop globally competitive investment platforms to build national champions across strategic sectors, including energy, real estate and infrastructure, healthcare and pharmaceuticals, food, aviation, ports, financial services, and a broad range of industrial and technology sectors. Investments will be made across both public and private markets, directly and through investment funds.
L’IMAD will manage a diversified investment portfolio spanning operational, developmental, industrial, and financial capabilities, comprising 25 investment companies and platforms and more than 250 subsidiaries. The company will expand its global footprint through direct investments and private investment funds, including partnerships with strategic investors in priority sectors.
The Supreme Council for Financial and Economic Affairs (SCFEA) will oversee Abu Dhabi’s principal sovereign investment institutions, including the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, and L’IMAD Holding Company, as well as the Abu Dhabi National Oil Company (ADNOC).
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