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As Abu Dhabi strives to achieve an economic model that shifts reliance from oil to knowledge-based industrial sectors, Senaat is at the heart of the Capital’s Economic Vision 2030 as envisaged by the UAE President His Highness Sheikh Khalifa Bin Zayed Al Nahyan and His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.
Today, Senaat is proud to comprise a number of successful companies operating in four of the key industrial sectors identified in Abu Dhabi’s Economic Vision 2030. We are an active investor across industries that build on the natural advantages and leverage the diverse resources of Abu Dhabi.
Senaat has built and will continue to build world-class businesses in these sectors, leading to the creation of an integrated network of national industries that support the emirate’s economic performance and will attract significant foreign investment in addition to the transfer of knowledge and technology.
The company has carried out an investment approach that has proven very effective. We have a significant and successful track record in developing businesses through large-scale greenfield projects for which we actively drive operational efficiency in order to achieve commercial success. As part of our investment philosophy of realising and re-investing profits, we partially divested ownership in two of our portfolio companies after supporting their growth to be mature, stand-alone businesses. These partial exits were strategically driven in order to maintain Senaat’s financial self-sufficiency while allowing for the redeployment of capital into the continued development of other industrial assets.
As we continue to create investment opportunities that will help the nation on its journey towards sustainable development and economic diversification, we reaffirm to our leadership and all our stakeholders our commitment to contribute to the industrial success of Abu Dhabi.