#IHC

UAE’s Al Seer Marine commences work on its first ‘very large gas carrier’

Lucky Gas, Al Seer Marine’s first VLGC, is expected to be completed and delivered by March 2023, with work on the second VLGC scheduled to commence in May

Abu Dhabi’s Multiply Group to invest Dhs367m in DEWA IPO

In 2021, Multiply Group acquired stakes in UAE-based assets and international high growth firms such as Firefly, Savage X Fenty, Getty images and Viola

ADQ to create UAE’s largest healthcare platform within Pure Health

Abu Dhabi Health Services Company and The National Health Insurance Company will merge into Pure Health as part of the agreement

Abu Dhabi’s IHC approves merger of its real estate firm Al Tamouh with Al Qudra Holding

Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares

IHC’s Multiply Group starts trading on Abu Dhabi Securities Exchange

The group had assets of Dhs8.16bn and 3,240 employees as at end of September 2021

Abu-Dhabi

Multiply Group becomes IHC’s 8th subsidiary to list on ADX

The group will list on ADX’s main market on December 5

ADQ is said to take 50% stake in IHC’s Eltizam Asset Management

IHC shares have nearly quadrupled over the past year

Abu Dhabi’s wealth funds weigh Turkey investments worth billions

Among funds eyeing Turkish investments are Abu Dhabi Investment Authority (ADIA) and ADQ

IHC becomes UAE’s most valuable company after unit list

Alpha Dhabi traded as high as Dhs20 in a direct listing