Alpha Dhabi Holding to acquire a majority stake in Metito Holdings.

Alpha Dhabi Holding, one of the fastest- growing investment holding companies in the United Arab Emirates, agreed to acquire a majority stake in Metito Holdings, a provider of intelligent water management solutions, from Mitsubishi Corporation, Mitsubishi Heavy Industries and Gulf Capital, selling shareholders. Financial terms were not disclosed. “With nearly half the world’s population projected to face water scarcity by 2025, the need for sustainable water solutions has never been more critical. Our partnership with Metito is a decisive step towards addressing this pressing challenge. Together, we are committed to pioneering solutions that not only cater to immediate needs but also ensure a sustainable future for generations to come. This collaboration is more than a strategic business move; it’s a testament to Alpha Dhabi’s dedication to driving impactful change in the water sector and our broader vision of sustainable growth and global impact," Hamad Salem Al Ameri, Alpha Dhabi CEO and Managing Director.