A unique approach to investment
TANQIA’s shareholders are Elwan Group Limited (EGL), Mubadala Development Company and Overseas Trading Company – a unique partnership of the public and private spheres.
EGL is a privately held developer-owner with deep international experience in infrastructure and real estate and an unwavering commitment to social responsibility and environmental sustainability. Through its 100%-owned subsidiary, TANQIA Environment FZC, EGL developed the wastewater treatment system which is operated by TANQIA-SIYANA, a company 100 % owned by Elwan Group.
Elwan Group Limited
EGL is a privately held, boutique infrastructure and real estate development company with assets and projects in the United States, the Middle East and Europe.
Originally founded in 1922 in Cairo by Ibrahim M. Elwan, the firm was re-launched in 1995 by Ibrahim I. Elwan. With significant hands-on implementation experience and deep technical expertise in structuring and mobilizing financing, the firm focuses on projects with lasting growth potential.
EGL’s real estate development activities in the United States are conducted by its affiliate, ICG Properties, which has delivered a diverse portfolio of stabilized assets, with an historic development pipeline of over 600,000 square feet, primarily in Washington, DC.
EGL developed TANQIA through its 100-owned environmental subsidiary TANQIA Environment FZC. Through TANQIA Environment, EGL also created TANQIA-SIYANA to operate and maintain the wastewater treatment system over the 33-year term of TANQIA’s concession period.
A proven leader in local and international business ventures, Mubadala Development Company is the private sector investment arm of the Abu Dhabi Government.
Mubadala aims to develop Abu Dhabi’s fast-growing economy while attaining strong long-term returns. The company aspires to become a benchmark for business excellence in the region.
Mubadala has a diverse investment portfolio in strategic sectors, including energy, heavy industry, telecommunications, infrastructure, and aerospace, both in the UAE and abroad. One such investment is Mubadala’s majority shareholding in Dolphin Energy Limited, the largest natural gas project in the region.
TANQIA is Mubadala’s first investment in the wastewater sector.
Overseas Trading Company
Overseas Trading Company is an investment company based in Fujairah.