#International Holding Company

IHC quarterly revenue reaches Dhs14.2bn

IHC’s quarterly revenue reaches Dhs14.2bn

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

IHC consolidates ‘green businesses’ assets under Sirius International

IHC consolidates ‘green businesses’ assets under Sirius International

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

IHC increases stake over 5% in Adani Enterprise Ltd Image IHC X

Abu Dhabi-based IHC increases stake in Adani Enterprises to above 5%

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

Abu Dhabi real estate deal: Lamar Residences bought by Ethmar Group

Lamar Residences is a large-scale residential project located on Al Raha Beach in Abu Dhabi

IHC photo twitter IHC official

Abu Dhabi-based IHC posts 20.5% rise in Q1 net profit to Dhs4.3bn

The company achieved a robust revenue increase of 50 per cent versus Q1 2022, reaching Dhs15.7bn during Q1 2023

Syed Basar Shueb, IHC CEO and Managing Director

Abu Dhabi-based IHC’s 2022 profit surges to a record $8.9bn

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

IHC announces profits for nine month period

Abu Dhabi-based IHC reports 236 per cent rise in profit for first nine months

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

oil imports

Abu Dhabi’s Al Seer Marine acquires third VLCC valued at Dhs396m

The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn

IHC tech investments

Abu Dhabi’s IHC increases tech deals by 100% over last year, aims to launch tech holding arm

International Holding Company’s technology deals crossed Dhs1bn in value in the first 10 months of the year

Syed Basar Shueb, CEO Off IHC

Abu Dhabi-based IHC acquires majority stake in Emircom for Dhs250m to expand digital portfolio

Headquartered in Abu Dhabi, Emircom has a wide customer base that includes government organisations, educational institutes, finance houses and healthcare organisations

Syed Basar Shueb, IHC’CEO

International Holding Company’s H1 2022 net profit rises 137 per cent to Dhs10.35bn

The holding company’s revenue grew by 121 percent to Dhs21.93bn in the first six months of 2022

spacex

Abu Dhabi’s IHC, Alpha Dhabi to invest $50m in Elon Musk’s SpaceX

IHC has previously acquired stakes in SpaceX through a private equity fund

Adani Group

Abu Dhabi’s IHC to invest Dhs7.3bn in India’s Adani Group

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 Arena global CEO

Abu Dhabi’s IHC acquires 70% stake in Arena Events for Dhs239.8m

Paul Berger, the current Arena EMEA CEO, will transition to become the company’s global CEO

Al Seer Marine becomes IHC’s 6th subsidiary to list on ADX

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

Subsidiary of Abu Dhabi’s International Holding Company to list on ADX

The company has Dhs10bn in paid-up capital

Abu Dhabi IHC

Abu Dhabi’s International Holding Company to list three subsidiaries on ADX Second Market

They will be listed on the exchange’s Second Market in Q2 2021

International Holding Company

Abu Dhabi’s International Holding Company reports Dhs3bn net profit for 2020

IHC’s total assets increased to Dhs14bn as of December 31, 2020, from Dhs4bn a year earlier