In a landmark strategic maneuver, the Supreme Council for Financial and Economic Affairs (SCFEA) has mandated the consolidation of L’IMAD Holding Company and the Abu Dhabi Developmental Holding Group (ADQ) under the unified banner of L’IMAD. This decisive action, announced on January 30, 2026, is engineered to establish a formidable sovereign investment entity with a vastly diversified asset portfolio, directly aligning with the Abu Dhabi government’s mandate for sustainable investment and accelerated economic advancement for both the emirate and the wider UAE.
The consolidation is a direct implementation of UAE President Sheikh Mohamed bin Zayed Al Nahyan’s vision to amplify the scope and influence of the nation’s sovereign wealth funds on domestic and international stages. This initiative is designed to safeguard the enduring stability and continuity of an investment policy framework that has been meticulously developed over five decades.
Under the leadership of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the newly fortified L’IMAD will cultivate globally competitive investment platforms. Its strategic mandate is to build national champions across a spectrum of high-priority sectors, including energy, real estate development, infrastructure, healthcare and pharmaceuticals, food security, aviation, ports, and the financial and banking sectors, alongside a broad array of industrial and technological fields.
The entity will leverage a multifaceted investment approach, engaging in both direct and indirect investments through specialized funds and participation in public and private financial markets. L’IMAD’s expansive portfolio will integrate operational, developmental, industrial, and financial capabilities, encompassing an impressive network of 25 investment companies and platforms and more than 250 group subsidiaries. Prominent holdings include the energy giant TAQA, real estate developer Modon Properties, Etihad Airways, healthcare leader PureHealth, Etihad Rail, Wio Bank, Abu Dhabi Ports, McLaren, and Louis Dreyfus.
Guided by Managing Director and CEO Jassem Mohamed Bu Ataba Al Zaabi, L’IMAD is poised to significantly expand its global investment footprint. This expansion will be pursued through private investment funds, both independently and via strategic partnerships in key sectors. The SCFEA maintains oversight of Abu Dhabi’s principal sovereign investment vehicles, which now comprise the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, and the consolidated L’IMAD, in addition to the Abu Dhabi National Oil Company (ADNOC).