Page 23 - Hamad Al Ameri News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 disclosure last month.   CEO and Managing Director Syed Basar Shueb said: "The acquisition of a substa...

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 IHC's 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, IHC's chief executive, said in a statement to the Abu Dhabi Securities Exchange, where the company's shares trade. "The move will increase and diversify our investment v...

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 manages, deploys, and organises a variety of entities within the construction, hospitality, industria...

The company is already in talks to open a plant in India, chief executive says

“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 world's top 25 military suppliers. Abu Dhabi’s Tawazun Economic Council and Thales Emarat Technologies announced plans for the Radar Centre of Excellence, which will develop, produce and maintain Thales'...