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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

Abu Dhabi's IHC completes 45% stake purchase in Alpha Dhabi Holding

SHARE Abu Dhabi-based International Holding Company (IHC) said it completed a 45 per cent stake purchase in Alpha Dhabi Holding (ADH), a growing real estate and construction sector focused company. No value for the transaction, which comes after IHCs board meeting disclosure on March 4, 2021, was provided. "The acquisition of a substantial stake in Alpha Dhabi Holding will add a significant scale to IHC," Syed Basar Shueb, IHCs chief executive, said in a statement to the Abu Dhabi Securities E...
New York United States Abu Dhabi Abuz Aby United Arab Emirates Alpha Dhabi

IHC acquires 45% stake in Alpha Dhabi Holding

IHC acquires 45% stake in Alpha Dhabi Holding ABU DHABI, 10 hours, 56 minutes ago International Holding Company (IHC), one of Abu Dhabi’s leading conglomerates, has purchased a 45% stake in Alpha Dhabi Holding (formerly Trojan Holding).The transaction follows the IHC board meeting disclosure on March 4. Alpha Dhabi Holding was established in 2008 with a focus in the real estate and construction sector. Recently Alpha Dhabi’s Holding has embarked on building a diversified portfolio that m...
Abu Dhabi Alpha Dhabi Hamad Al Ameri Syed Basar Shueb Aldar Properties International Holding Company

Idex 2021: UAE Armed Forces announce $2bn in military deals on day two

“They represent the pinnacle of innovation, performance and reliability,” said chief executive Hamad Al Ameri. The two weapons represent “significant technological and manufacturing advancements for supply to local and international markets”, Caracal said. The small arms maker is part of the missiles and weapons cluster within Edge, the UAE’s defence conglomerate that is among the worlds top 25 military suppliers. Abu Dhabi’s Tawazun Economic Council and Thales Emarat Technologies a...
South Africa Saudi Arabia Abu Dhabi Abuz Aby United Arab Emirates Tel Aviv

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