Alpha Dhabi Holding has made a significant move by acquiring a majority stake in Metito Holdings Ltd., a prominent player in the global water and wastewater industry. Pending regulatory approvals, this strategic acquisition marks Alpha Dhabi’s entry into the water sector, reflecting its commitment to diversifying its portfolio and supporting Metito’s mission to expand smart water solutions across the Middle East and North Africa (MENA) region and beyond, aligning with UN sustainability goals. The Ghandour family, Metito’s founding shareholders, will retain their leadership roles to uphold the company’s core values of impact, sustainability, and innovation.

As water scarcity becomes an increasingly urgent global issue, especially in water-stressed regions like MENA, this partnership aims to address the pressing water challenges. With nearly half the world’s population expected to face water scarcity by 2025, Alpha Dhabi and Metito aim to pioneer sustainable solutions that cater to immediate needs while ensuring a sustainable future. The collaboration not only represents a strategic business move but also demonstrates Alpha Dhabi’s dedication to driving meaningful change in the water sector, in line with their broader vision of sustainable growth and global impact. In addition, this partnership aligns with the UAE’s Year of Sustainability and the upcoming COP28, focusing on climate-conscious investments through Alpha Dhabi Climate Capital, with Metito playing a key role in these initiatives. Together, they aim to contribute significantly to discussions and actions centered on sustainable, technology-driven solutions, fostering a brighter and more sustainable future for the UAE and the global community.