Abu Dhabi consolidates ADQ into L’Imad, creating $300 billion sovereign powerhouse under crown prince as emirate centralizes control over strategic investments. L’Imad, Abu Dhabi’s newest sovereign wealth fund, took over the assets of rival state-owned fund ADQ, a development that sees a greater role in the emirate’s investment strategy by the emirate’s crown prince Sheikh Khaled bin Mohammed bin Zayed, son of the UAE president Mohammed bin Zayed. The consolidation signals Abu Dhabi’s