Abu Dhabi’s IHC has reported revenue increase 17.9 per cent to more than $16bn last year
IHC
ADX
IHC’s 2023 revenue soars 18% to $16.36bn; EPS nearly doubles
Preliminary unaudited results report for Abu Dhabi giant IHC indicate net profit of $8.92bn and EPS up 81.5 per cent to AED12.36
Abu Dhabi IHC
Abu Dhabi’s IHC announces formation of $27.2bn 2PointZero holding company
Abu Dhabi-based International Holding Company announces $27.2bn 2PointZero Holding Company
Abu Dhabi
IHC subsidiary EasyLease acquires 60% stake in Ripe
The acquisition is seen as a synergistic partnership between the two companies, leveraging the strengths of mobility solutions
Abu Dhabi IHC
IHC announces $3.9bn Q3 revenue
IHC has reported $4.1bn of profit in the first nine months of the year
Abu Dhabi
Abu Dhabi’s IHC increases stake in Adani Enterprises to above 5%
The UAE’s most valuable publicly listed company purchases 0.06 percent additional shares through the open market to take its stake to 5.04 percent
Adani Green Energy
Abu Dhabi’s IHC to sell its investments in 2 Adani group companies
IHC has entered into a definitive agreement with a buyer to dispose of its investments in Adani Group companies, the firm said in a letter to ADX
Abu Dhabi
IHC records AED10.4bn net profit in Q2
Abu Dhabi’s IHC reported a 30.8 percent jump in revenue in the first half 2023 to reach AED28.7 billion
Abu Dhabi real estate
Aldar, IHC and Adnec form property management firm with 135,000 properties
Aldar, IHC and Adnec team up to create property and facilities management giant
Abu Dhabi
Abu Dhabi’s IHC reports $1.2bn Q1 profit
Abu Dhabi’s International Holdings Company has reported a 20.5 per cent increase in profits
Abu Dhabi
Adani Group negotiates with Abu Dhabi’s IHC for capital infusion amid crisis: Report
The group is said to be looking at infusion of $1 to $1.5 billion ‘confidence capital’
Abu Dhabi
Abu Dhabi to invest $400m in Adani Group shares
Abu Dhabi’s IHC says it is investing with confidence and belief, despite Adani Group’s struggles
IHC
IHC profit surges an ‘outstanding’ 236% in first nine months of 2022
IHC saw profits surge 236% as company’s assets skyrocket
acquisition
Al Seer Marine expands shipping fleet with acquisition of a mega crude carrier for AED396 million
The latest acquisition will take the company’s total VLCC fleet value to AED900 million in four months, and its ship fleet to 10
Abu Dhabi
IHC plans tech holding company as it accelerates investment in IT sector
International Holding Company is looking to deepen its engagement and investment in the tech space; It recently invested 15 percent in AI company Bayanat’s IPO