Abu Dhabi-based conglomerate International Holding Company intends to withdraw from a series of non-strategic minority investments valued between $20 billion and $25 billion over the next 18 months, its chief executive told Reuters.
IHC operates across healthcare, energy, real estate, agriculture and mining, with a global footprint that includes the US, India, Latin America and Africa. The company is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE president’s brother and national security adviser.
The group has reached an “advanced stage” in relation to at least two planned divestments, with one expected to conclude in early 2026, CEO Syed Basar Shueb confirmed.
Shueb noted: “We have around $20 billion to $25 billion tied up in companies where we own minority stakes … and we will exit these over the next 18 months.”
He added, “We first aim to acquire control; if that is not possible and the asset is more strategic for another party, then we will certainly divest.”
According to its website, IHC has more than 1,400 subsidiaries.
Last month, the company consolidated three portfolio businesses into the 2PointZero Group, creating a combined asset base of approximately AED120 billion ($32.67 billion). It also completed a $1.1 billion sale of Multiply Group’s district cooling operations.
Earlier this month, IHC sold its 42.54 percent holding in real estate firm Modon Holding to L’imad Holding. The group, however, reaffirmed its support for its majority stake in Aldar Properties, rejecting recent market speculation.
The company continues to post robust results, with third-quarter revenue rising 35 percent year-on-year to AED29.9 billion. Profit attributable to equity holders increased to AED4.67 billion, up from AED3.66 billion in the same period last year.
Shueb said IHC remains confident in its cash generation, adding that any financing requirements are easily met through bank lending. He does not foresee the company issuing debt in the near term.
