#IHC
This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL
The conglomerate said its revenues surged by 30.8 per cent year-on-year to Dhs28.7bn as the company sustains its growth trajectory
The merger adds considerable weight to Aldar Estates, taking its portfolio of residential units under management to approximately 135,000
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
The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities
The engineering firm announced that revenues grew by more than 365 per cent to Dhs617m in the year to 30 September compared with the same period in 2021
Colombia is the fourth global market which IHC has expanded its investment activities into this year after the UK, India, and Turkey
Through the launch of this new trading platform, International Securities is expected to double its customer base over the next 18 months
The acquisition will aim to continue to scale and diversify IHC’s investment in the healthcare sector locally and regionally
Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries
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
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
Abu Dhabi Health Services Company and The National Health Insurance Company will merge into Pure Health as part of the agreement
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