In January 2026, LIMAD emerged from within the Abu Dhabi Department of Finance, under the purview of crown prince Sheikh Khalid as its Chairman, and Jassem Al Zaabi as CEO. LIMAD took over ADQ and consolidated it with existing assets real estate (Modon) and automotive (CYVN). ADQ was born in 2018 as Abu Dhabi Developmental Holding Company PJSC (ADDH), as a low-profile local SOE. However, in 2020, the company was rebranded to ADQ and kept receiving significant stakes in high-profile assets from the Government, and started to invest overseas, including Lulu Hypermarket’s expansion in Egypt and 45% of Dutch agricultural merchant Louis Dreyfus.