Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares
The group had assets of Dhs8.16bn and 3,240 employees as at end of September 2021
The group will list on ADX’s main market on December 5
IHC shares have nearly quadrupled over the past year
Among funds eyeing Turkish investments are Abu Dhabi Investment Authority (ADIA) and ADQ
Alpha Dhabi traded as high as Dhs20 in a direct listing