Abu Dhabi Investment Authority (ADIA) plans to sell about half of its holding in Qatari telecommunications company Ooredoo QPSC through a secondary share sale that could raise as much as US$572 million, Bloomberg News reported.
The sovereign wealth fund is offering around 161 million shares, representing a 5 per cent stake in Ooredoo, at a price range of 12.40 to 13 Qatari riyals per share, according to the report. At the top end, the sale would be valued at about 2.09 billion riyals.
Ooredoo shares closed at 13.94 riyals on Monday (17 November 2025), having gained roughly 20 per cent so far this year despite a slight dip following news of ADIA’s planned divestment. Citigroup, HSBC and QNB Capital are managing the transaction, Bloomberg said.
The Qatari telecoms firm raised its dividend guidance last month after posting a 6 per cent rise in normalised net income to US$843 million for the first nine months of 2025, supported by a strong balance sheet.
Ooredoo’s largest shareholders include the Qatar Investment Authority, which holds around 53 per cent, and the General Retirement and Social Insurance Authority with about 12.7 per cent, according to Bloomberg data.
ADIA, which manages more than US$1 trillion in assets, is the Middle East’s largest sovereign wealth fund and one of Abu Dhabi’s three main state-backed investors, collectively overseeing close to US$1.7 trillion.
Follow us on
