Abu Dhabi – Mubasher: Al Qudra Holding has announced its new identity, dubbed Q Holding, as a global investment firm based in Abu Dhabi.

Q Holding has an objective of enabling enterprises to build their networks on a local, regional, and global level through innovation, according to a bourse disclosure on Thursday.

The holding company will be a business enabler and platform boosting the success and sustainable growth for stakeholders.

Chairman of Q Holding, Sheikh Abdulla bin Mohamed bin Butti Al Hamed, said: “Q Holding, the dynamic new identity of Al Qudra Holding, will be a prominent force in the vanguard of the next phase of economic development.”

Al Hamed added: “We will work with leading global corporations and entrepreneurs to find, partner with, invest in, and acquire the most innovative companies across our core verticals, from incubators and accelerators to multi-nationals and globally recognized institutions.”

Earlier this year, the listed Alpha Dhabi Holding announced a 25.24% stake acquisition in Al Qudra.