Abu Dhabi National Exhibitions Company to Acquire Etihad Holidays
Posted on 11/27/2021
The Abu Dhabi National Exhibitions Company (ADNEC) is a subsidiary of state holding company Abu Dhabi Developmental Holding Company PJSC (ADQ). ADNEC signed a deal to acquire Etihad Holidays, the destination and leisure management arm of Etihad Airways. The acquisition will expand ADNEC’s footprint in the tourism sector. Etihad Holidays will integrate with Tourism 365, which is ADNEC’s tourism promotion business. Tourism 365 will operate Etihad Holidays.
Etihad Airways PJSC is a Public Joint Stock Company established by Emiri Decree and incorporated in the Emirate of Abu Dhabi, United Arab Emirates. Etihad operates through various branch offices, departments and operating divisions, including Etihad Airways, Etihad Holidays, and Etihad Cargo. Etihad Airways PJSC forms part of the Etihad Aviation Group. Etihad Airways PJSC is a Public Joint Stock Company established by Emiri Decree and incorporated in the Emirate of Abu Dhabi, United Arab Emirates. Etihad is ultimately 100% owned by Abu Dhabi government.