First tranche of $490 million to begin on November 18 in a move to enhance shareholder value and optimise capital allocation
IHC
Latest in IHC
Abu Dhabi
IHC’s Q1 revenue increases 22.5% to $5.26 billion
ADX’s most valuable company’s net profit grows 87.6% to $2.18 billion; share buyback of $1.36 billion approved
Emaar
UAE stocks record AED1.4 billion inflow, IHC, Emaar lead
The surge in turnover led to market capitalisation of listed stocks on the two bourses reaching AED 3.5 trillion at the end of Monday’s session
Abu Dhabi
Abu Dhabi’s IHC announces “Aiden Insight” as AI board member
The strategic initiative positions IHC as a pioneer in leveraging AI for corporate governance and decision-making
Abu Dhabi IHC
IHC announces $9bn net profit as group sees revenue surge
Abu Dhabi’s IHC has reported revenue increase 17.9 per cent to more than $16bn last year
ADX
IHC’s 2023 revenue soars 18% to $16.36bn; EPS nearly doubles
Preliminary unaudited results report for Abu Dhabi giant IHC indicate net profit of $8.92bn and EPS up 81.5 per cent to AED12.36
Abu Dhabi IHC
Abu Dhabi’s IHC announces formation of $27.2bn 2PointZero holding company
Abu Dhabi-based International Holding Company announces $27.2bn 2PointZero Holding Company
Abu Dhabi
IHC subsidiary EasyLease acquires 60% stake in Ripe
The acquisition is seen as a synergistic partnership between the two companies, leveraging the strengths of mobility solutions
Abu Dhabi IHC
IHC announces $3.9bn Q3 revenue
IHC has reported $4.1bn of profit in the first nine months of the year
Abu Dhabi
Abu Dhabi’s IHC increases stake in Adani Enterprises to above 5%
The UAE’s most valuable publicly listed company purchases 0.06 percent additional shares through the open market to take its stake to 5.04 percent
Adani Green Energy
Abu Dhabi’s IHC to sell its investments in 2 Adani group companies
IHC has entered into a definitive agreement with a buyer to dispose of its investments in Adani Group companies, the firm said in a letter to ADX
Abu Dhabi
IHC records AED10.4bn net profit in Q2
Abu Dhabi’s IHC reported a 30.8 percent jump in revenue in the first half 2023 to reach AED28.7 billion
Abu Dhabi real estate
Aldar, IHC and Adnec form property management firm with 135,000 properties
Aldar, IHC and Adnec team up to create property and facilities management giant
Abu Dhabi
Abu Dhabi’s IHC reports $1.2bn Q1 profit
Abu Dhabi’s International Holdings Company has reported a 20.5 per cent increase in profits
Abu Dhabi
Adani Group negotiates with Abu Dhabi’s IHC for capital infusion amid crisis: Report
The group is said to be looking at infusion of $1 to $1.5 billion ‘confidence capital’