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Talaat Moustafa Group Joins Egypt-UAE Ras El Hikma Mega Project

Egypt-based real estate developers Talaat Moustafa Group (TMG) revealed its partnership with Emirati investment firm ADQ in the Ras El Hekma City project. The news, disclosed by TMG to the Egyptian Stock Exchange on 25 February and picked up by local media, explained that the company will be cooperating with ADQ Egyptian City Edge Developments
Ras El Hekma Egyptian Stock Exchange Talaat Moustafa Group Ras El Hekma City City Edge Developments North Coast

7 of Egypt's Historic Hotels Now Part-Owned by Emirati Wealth Fund ADQ

Abu Dhabi investment company, ADQ, and its subsidiary ADNEC Group, announced on 12 January the acquisition of 40.5 percent of ICON, the hospitality arm of Egypt-based Talaat Mostafa Group through a capital increase. The signing agreement marks ADQ’s acquisition of stakes in ICON’s pre-existing portfolio of luxury hotels and resorts, including seven famous historic hotels
Sharm El Sheikh Janub Sina Al Qahirah Al Iskandariyah Mostafa Madbouly Abu Dhabi

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BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ

(Bloomberg) -- BlackRock Inc. and KKR & Co. are nearing a deal to sell their multibillion-dollar stake in Abu Dhabi National Oil Co.’s oil pipeline network to local sovereign wealth fund ADQ, people with knowledge of the matter said. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsFund Titans Are Betting on Everything Gaining Against the DollarNATO Is Papering Over the Cracks After Zelenskiy...
United States Abu Dhabi Abuz Aby United Arab Emirates United Kingdom Zayed Al Nahyan
Source: yahoo.com

Agri-food investor, Silal, partners with venture builder, DANA Global

DANA Global (“DANA”), the Abu Dhabi-based desert tech venture builder and investment platform, has partnered with Silal, a subsidiary of ADQ focused on diversifying food product sources and stimulating the manufactured and agri-food sectors. The partnership aims to attract agriculture technology and innovation to Abu Dhabi’s ecosystem and address major challenges such as resource scarcity, local production, and food security.
Abu Dhabi Katie Wachsberger National Food Security Strategy Abu Dhabi Based Chief Operating Officer Middle East
Source: sme10x.com

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