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By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) - International Holding Company plans to sell 20% of its technology unit in an initial public offe...
International Holding Company plans to sell 20% of its technology unit in an initial public offering next year, its CEO told Reuters, adding that the UAE's IHC is aiming for a first quarter IPO of
The transaction closely aligns with Alpha Dhabi’s long-term investment and expansion strategy to expand into international markets and diversify its growing portfoli...
ABU DHABI, 2nd November, 2022 (WAM) -- Alpha Dhabi Holding PJSC (Alpha Dhabi) announced that it has acquired a 25 percent stake in Gordon Technologies, a leading provider of MWD (Measurement While Drilling) technology to the oil and gas industry for AED 602 million. Chimera Capital acted as sole financial advisor to Alpha Dhabi Holding on the transaction. Founded in 2014, Gordon Technologies is majority owned by private equity firm Pelican Energy Partners and its management team – including the founder – who will remain...
Alpha Dhabi announced that its revenues stood at Dhs26.6bn, representing a year-on-year increase of 133 per cent