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ADNEC Group s economic contributions tops Dhs7 4bn in 2023

ADNEC said its Abu Dhabi National Exhibition and Al Ain Convention Centre welcomed 1.78 million visitors, up 123 per cent from 802,000 in 2022.

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Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels

Abu Dhabi wealth fund ADQ has agreed to acquire a 40.5% stake in ICON, the hospitality arm of Egypt's Talaat Moustafa Group (TMG), the fund ..

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UAE Companies Acquire 40% of ICON to Operate Historic Hotels in Egypt

UAE Companies Acquire 40% of ICON to Operate Historic Hotels in Egypt
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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

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Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels

Abu Dhabi wealth fund ADQ signs deal for stake in Egypt luxury hotels
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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