PRESSR: Tahnoon bin Zayed chairs ADQ Board of Directors meeting

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Abu Dhabi: His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Member of the Supreme Council for Financial and Economic Affairs (SCFEA), chaired ADQ’s third board meeting of 2025. His Highness commended ADQ’s continued efforts to reinforce the foundations of economic resilience and sustainable development, highlighting the company’s role in driving value creation across its diversified portfolio spanning key sectors of the economy.The meeting included a review of ADQ’s financial performance for Q2 2025, which continues on a strong growth trajectory. The board was also updated on ADQ’s acquisition of a 35 percent stake in Limagrain Vegetable Seeds (LVS), the vegetable seed division of Limagrain. This transaction represented a strategic entry into a critical segment of the global food value chain and reinforced ADQ’s role in advancing food and agriculture capabilities. In parallel, the research and development partnership between Silal and LVS is set to accelerate innovation in desert-adapted seeds and play a pivotal role in advancing the UAE’s national food security agenda.Updates were also shared on achievements across ADQ’s portfolio companies. In Transport & Logistics, Abu Dhabi Airports welcomed more than 15.8 million passengers in the first half of 2025, a 13.1 percent increase over the same period in 2024. This represents over four consecutive years of double-digit growth, underscoring its role as a key driver of the UAE’s economic diversification and global connectivity.Within AD Ports Group, the CMA Terminal at Khalifa Port, which began commercial operations at the start of 2025, achieved 80 percent utilization in Q2 and 62 percent year to date. Overall, AD Ports Group recorded a 17 percent year-on-year increase in container throughput in Q2, alongside a 13 percent rise in general cargo volumes. AD Ports Group recorded revenue of AED 9.4 billion, up 17 percent year-on-year, supported by sustained growth in trade flows through Abu Dhabi and the Group’s expanding global partnerships. EBITDA grew 9 percent year-on-year to AED 2.30 billion, underscoring the strength of its diversified clusters and ability to convert rising volumes into profitable growth.[1]In Energy & Utilities, TAQA completed a USD 1.2 billion acquisition of Spain’s GS Inima, a global leader in water management and desalination. The deal strengthens TAQA’s i...

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