Alpha Dhabi said its diversified portfolio has been a major driver behind the growth in revenue
The holding company’s revenue witnessed significant growth, reaching Dhs40bn, which represents an increase of 114 per cent year-on-year
The Abu Dhabi Global Market-based joint venture aims to collectively deploy up to Dhs9bn over the next five years
This came as a result of its joint venture partnership with Monterock International, an investment company with a focus on hospitality and F&B sectors
The holding company’s revenues also grew significantly, standing at Dhs26.6bn, which represents a year-on-year increase of 133 per cent
The group achieved revenues of Dhs17.1bn, up considerably year-on-year from Dhs5.5bn for the same period last year
Alpha Dhabi’s investment in the fund involves a capital contribution of Dhs2.6bn and undrawn capital commitment of Dhs6.6bn
Abu Dhabi Health Services Company and The National Health Insurance Company will merge into Pure Health as part of the agreement
The acquisition is part of Alpha Dhabi’s Dhs8bn strategic investment plan across key sectors in the UAE
Alpha Dhabi Holding has completed the acquisition of Sublime 2, Sogno 2 and Sogno 3, which together own 17 per cent of Aldar Properties
The investment in Abu Dhabi Chemicals Derivatives Company, known as Ta’ziz, is part of an Dhs8bn strategy announced last week
Abu Dhabi based Murban was founded in 2006 and reportedly has Dhs1.7bn in equity