Abu Dhabi, 30 October 2025 – Modon Holding PSC (“Modon”) announced that L’imad Holding, a company wholly owned by the Abu Dhabi government, has completed the acquisition of shares owned by both International Holding Company “IHC” and Abu Dhabi Development Holding Company “ADQ”, resulting in, L’imad Holding Company owning 84.76% of Modon Holding shares. 

This transaction reinforces the strategic investment outlook for the real estate and infrastructure development sectors in the Emirate, and secures the optimal deployment of resources, with a focus on urban development projects that contribute to the sustainable growth of Abu Dhabi’s economy. 

The transaction supports Modon on its innovative path in urban development and its confidence to deliver world class destinations and experiences through its core business sectors that include Real estate, Asset Management, Hospitality, and Events, Catering & Tourism. Modon Holding continues its commitment to building modern urban communities that provide a sustainable, smart, and connected lifestyle.