Abu Dhabi Investment Authority (Adia) is reportedly weighing a potential sale of part of its shareholding in Qatari telecom operator Ooredoo.
According to Bloomberg, the sovereign wealth fund aims to raise between $500 million and $600 million through the transaction, citing unnamed sources familiar with the matter.
The report noted that Adia currently owns a 10 percent stake in Ooredoo, valued at around $1.26 billion.
Discussions are still underway, and the eventual size and timing of any sale will be shaped by broader market conditions.
Ooredoo’s website indicates that about 68 percent of the company is owned by Qatar Investment Authority and the General Retirement and Social Insurance Authority, with the remainder listed as free float.
Shares of the telecom operator, which are traded on the Qatar stock exchange, closed at QR14.3 on Thursday and have gained 22 percent over the past year.
Ooredoo reported a 3 percent year-on-year increase in revenue to QAR18.2 billion ($4.9 billion) for the first nine months of 2025, while net profit rose 6 percent to QAR3.1 billion.
Further reading:
Ooredoo profit rises to $522m as subscribers grow
Ooredoo to build high-speed data network for GCC
Ooredoo’s $500m bond oversubscribed more than 3 times
The company recently updated its dividend policy, lifting the target payout range from 40–60 percent to 50–70 percent of normalised net profit, excluding exceptional items.
Earlier this month, a joint venture between Adia and Greece-based Landmark Properties completed the sale of eight student housing assets in leading US university markets for more than $1 billion.
In a separate development last month, a sovereign wealth fund subsidiary participated alongside Blackstone and TPG in the acquisition of US medical diagnostics firm Hologic for $18.3 billion.
