The holding firm’s financial position is backed by its total assets of Dhs382.9bn as of September 30, driven by investments and asset transfers
ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase
Investors can subscribe to the ETF units, during the offering period, which runs until July 2
The conglomerate said the rationale behind the buyback is driven by its robust financial standing, characterised by significant cash flow and a strong balance sheet
The CEO of the conglomerate says the strong pipeline of projects within the group’s portfolio will continue to drive growth
The holding company reported a year-on-year revenue hike of 22.5 per cent in Q1 2024, reaching a record Dhs19.3bn
The mining firm’s offer for a controlling stake in Vedanta Resources is non-binding and talks are ongoing
‘Aiden Insight’ will attend IHC board meetings as a non-voting observer, offering real-time insights to inform discussions and guide decisions
Diversification into new sectors and strategic acquisitions fuelled growth, with preliminary net profit remaining strong at Dhs32.75bn
The investment vehicle’s sprawling portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, and private investment firm Chimera
The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year
Abu Dhabi’s International Holding Company (IHC) has established a new holding company, 2PointZero, that will have more than Dhs100bn in assets.
Abu Dhabi’s International Holding Company (IHC) has announced the establishment of 2PointZero, a company which will have more than Dhs100bn in assets
The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier
The transaction represents the completion of a key milestone and is part of the conglomerate’s plans to grow Sirius into one of its key subsidiaries
This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL
Lamar Residences is a large-scale residential project located on Al Raha Beach in Abu Dhabi
The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023
The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022
Continued momentum in direct and indirect acquisitions were the main drivers behind the growth rate over the previous year’s quarter, with IHC’s total assets increasing to Dhs198.8bn
The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn
International Holding Company’s technology deals crossed Dhs1bn in value in the first 10 months of the year
Headquartered in Abu Dhabi, Emircom has a wide customer base that includes government organisations, educational institutes, finance houses and healthcare organisations
The holding company’s revenue grew by 121 percent to Dhs21.93bn in the first six months of 2022
IHC has previously acquired stakes in SpaceX through a private equity fund
The three companies – AGEL, ATL and AEL – are part of the Adani Group’s green portfolio, and have core aspects of ESG woven into their operations
Paul Berger, the current Arena EMEA CEO, will transition to become the company’s global CEO
Founded in 2002, Al Seer Marine offers marine services in the region, with total assets of Dhs3.98bn as at the end of June 2021
The company has Dhs10bn in paid-up capital
They will be listed on the exchange’s Second Market in Q2 2021