UAE: State-owned investment company ADQ to invest $ 10 billion in Egypt and Jordan

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The Abu Dhabi state-owned investment company ADQ will invest $ 10 billion (€ 9.32 billion) in financing investment projects in Egypt and Jordan, the United Arab Emirates (UAE), Sultan al-Jaber Minister of Advanced Technology and Industry.

ADQ has become a crucial investment vehicle from Abu Dhabi overseas, managing assets of approximately $ 110 billion (€ 102.47 billion) according to available global investment data (Global SWF).

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The said fund acquired a 45% stake in French trading company Louis Dreyfus Co (LDC) in 2021.

Source: Capital

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