Abu Dhabi-based International Holding Company (IHC) has acquired a major stake in Al Qudra Holding, a regional group with major interests in real estate and hospitality. This comes following the transfer of shares in the recent Al Tamouh-Al Qudra merger.
Abu Dhabi-based International Holding Company (IHC) has acquired a major stake in Al Qudra Holding, a regional group with major interests in real estate and hospitality. This comes following the transfer of shares in the recent Al Tamouh-Al Qudra merger.
International Holding Company (IHC), an Abu Dhabi-based conglomerate, has recorded a 308 per cent surge in its net profit for nine months which rose to AED7.2 billion ($1.9 billion) driven by key acquisitions and rapid growth in construction verticals.