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Travel, Tourism & Hospitality IHC unit adds Maldives resort, Etihad unit to $680m deal

June 2021 112 International Holding Companys (IHC) subsidiary Alpha Dhabi Holding has acquired further assets from privately-owned company Murban, including the sought-after Cheval Blanc Randheli resort in the Maldives and Etihad International Hospitality, a facility management company.   This brings the value of assets acquired by Alpha Dhabi from Murban to AED2.5 billion ($680 million), following a previously announced AED1.7 billion transaction, which saw Alpha Dhabi assume ownership o...
Alpha Dhabi Hamad Al Ameri Louis Vuitton Mo Cheval Blanc Courchevel Cheval Blanc Randheli International Holding Company

IHC's Alpha Dhabi acquires hospitality investor Murban for $500m

ABU DHABI: Alpha Dhabi Holding, a unit of the Abu Dhabi’s International Holding Company (IHC), acquired hospitality investor Murban for 1.7 billion dirhams ($500 million). Murban, founded in 2006, owns assets including St. Regis at Saadiyat, Al Wathba Luxury Collection Desert Resorts and the Le Noir Café brand. In March, it signed an agreement to build a luxury resort in Aceh
Abu Dhabi Abuz Aby United Arab Emirates Alpha Dhabi Syed Basar Shueb Aldar Properties

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Alpha Dhabi Holding acquires key UAE hospitality group

Alpha Dhabi Holding acquires key UAE hospitality group ABU DHABI, 3 days ago Alpha Dhabi Holding, one of the fastest-growing construction companies in the region and a subsidiary of IHC, said it has acquired Murban, a privately-owned company.     Founded in 2006, Murban is a leading investment company based in Abu Dhabi with AED 1.7 billion ($500 million) in equity.    Murban is primarily involved in the hospitality industry, with current assets including St Regis at Saadiyat, Al Wat...
United Kingdom Abuz Aby United Arab Emirates Abu Dhabi Alpha Dhabi Hamad Al Ameri

High-flying investor IHC completes 40% buy in Abu Dhabi healthcare firm Response Plus

Dubai: Abu Dhabi based International Holding Co. – whose stock price is currently on a hot streak – has completed its buy of a 40 per cent stake in Response Plus Medical Services, an onsite provider of healthcare related services. The IHC buy was done through a subsidiary. Response Plus Medical Services is a unit of VPS Healthcare and has also expanded its network to Saudi Arabia and Oman. It now has 200 onsite clinics and is also one of the largest ambulance fleet operators in Abu Dhabi. L...
Saudi Arabia United Arab Emirates Abu Dhabi Elon Musk Response Plus Medical Services Alpha Dhabi Holding

Abu Dhabi's IHC boosts stake in Aldar with new acquisition deal

Abu Dhabi’s IHC boosts stake in Aldar with new acquisition deal ABU DHABI, 4 hours, 7 minutes ago International Holding Company (IHC), one of Abu Dhabi’s leading business conglomerates, said it has completed the purchase of a 45 per cent stake in Alpha Dhabi Holding (formerly Trojan Holding).   With this deal, IHC will become a shareholder in Aldar Properties as Alpha Dhabi had bought a key stake in the Abu Dhabi developer last month. The transaction follows the IHC board meeting discl...
Alpha Dhabi Abu Dhabi Hamad Al Ameri Syed Basar Shueb Aldar Properties International Holding Company

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