Abu Dhabi has officially announced the board composition for L'Imad Holding Co., a newly established investment vehicle that has gained significant traction in recent weeks. The entity has joined forces with several prominent Gulf wealth funds to support Paramount Skydance's hostile acquisition attempt targeting Warner Bros. Discovery.

This move marks a notable shift in Middle Eastern capital deployment toward major media and entertainment sector consolidation. L'Imad Holding's entry into this high-profile bid reflects the region's strategic interest in securing stakes within global entertainment infrastructure, particularly as traditional Hollywood studios face mounting competitive pressures from streaming platforms and shifting consumer preferences.

The coordinated backing from multiple Gulf-based financial institutions underscores the capital availability in the region and its appetite for transformative M&A opportunities in mainstream media. Such acquisition plays typically signal broader strategic realignment within the entertainment industry as major players compete for market dominance.