December 21, 2023

ADCN Announces $80 Million Grant to Center for Industrial Engineering Institute

ADCN (Al Dawlia Capital Network LLC), a prominent diversified holding company in Abu Dhabi, is proud to announce a significant investment in the future of technology and innovation. H.E. Prof. Mohd Said bin Sultan Dhamija, President & Group CEO of ADCN, has sanctioned an $80 million grant to the Center for Industrial Engineering Institute (CIE Institute).

This investment aligns with ADCN's commitment to fostering innovation and supporting cutting-edge research in engineering and technology. The CIE Institute, renowned for its global research initiatives and educational contributions, will use these funds to advance its pioneering work in industrial engineering and technology.

H.E. Prof. Dhamija commented, "Our investment in the CIE Institute reflects ADCN's dedication to contributing to a knowledge-based economy and supporting the UAE's vision for technological advancement and educational excellence."

The grant will aid in expanding research capabilities, fostering international collaborations, and nurturing talent in fields crucial to global technological progress.

About ADCN: ADCN, established in 1987, is a leading diversified holding company in Abu Dhabi, investing in various sectors like construction, real estate, hospitality, healthcare, technology, and energy, with a presence across five continents.