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The company acquired Cheval Blanc Randheli resort in the Maldives and Etihad International Hospitality from Murban

SHARE Abu Dhabi-based International Holding Company's subsidiary, Multiply Marketing Consultancy (MMC), acquired a minority stake in rideshare and taxi ad start-up Firefly for an undisclosed amount. The pair are also planning to expand San Francisco-based Firefly's operations to the Middle East “through a joint-venture office based within MMC’s headquarters” in the emirate, IHC said in a statement on Sunday to the Abu Dhabi Securities Exchange, where its shares trade. Founded in 2017, San Francisco-based Firefly has digital advertising boards that sit on top of taxis and ride-sharing ve...

SHARE International Holding Company (IHC) will list three subsidiaries on Abu Dhabi Securities Exchange’s secondary market to boost their growth. Boat manufacturer Al Seer Marine and Emirates Stallion Group (ESG) will be listed in the second quarter of this year, the company said in a statement on Friday. It is also going to list another subsidiary and the company will disclose the name in the coming weeks. “The listing will create an attractive opportunity for current and new investors to take part in the growth of the companies, as well as benefitting IHC as a result of increased profil...

IHC's industrials vertical owns stakes in a number of businesses, including Quantlase Imaging Lab, the company behind the rapid Covid-19 screening system operated on the border between Abu Dhabi and Dubai at Ghantoot. It also owns Tamouh Healthcare, Pure Health and asset management company Eltizam Group. The capital unit contains its International Securities arm, a securities brokerage acquired from Dubai-listed investment bank Shuaa in 2019. IHC's acquisition spree over the past 12 months has led to substantial growth in the size of the company's balance sheet and its value. At the end of Ma...

SHARE Abu Dhabi-based International Holding Company's (IHC) subsidiary acquired a 40 per cent stake in Response Plus Medical Services (RPM) for an undisclosed sum. RPM, which is a unit of VPS Healthcare, specialises in providing on-site healthcare services in remote work locations and medical emergency transfers. The deal will allow IHC to expand its "reach, scale and expertise", the company said in a statement on Monday to the Abu Dhabi Securities Exchange, where its shares trade. “With our own primary and secondary care companies and clinics, we will be able to create considerable synergy...