Browsing: IHC

The combined market capitalisation of the 20 largest companies listed on the UAE’s stock exchanges reached AED 2.8T this week. This figure is expected to rise further as part of plans to double the market’s overall value to AED 6T in the coming years.

Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), today announced an impressive operational profit of AED 119M for the first half of 2024, marking a 128 percent year-on-year (YoY) increase.

Trading on the local stock markets attracted over AED 1.6B in liquidity as of the market close on June 20, with International Holding Company (IHC) and Emaar Properties among the most active stocks.

The China International Medical Equipment Fair (CMEF 2024) stands as a pinnacle in the realm…

During this week’s trading, the stock markets in the UAE saw an inflow of approximately AED 6.5B, with particular attention given to stocks in the real estate, financial, and banking sectors.

An arm of International Holding Company (IHC), Abu Dhabi’s most valuable entity, is keen on acquiring Zambia’s Lubambe Copper Mine, an asset already earmarked for purchase by China’s JCHX Mining, according to three sources familiar with the matter who spoke to Reuters.

Abu Dhabi’s International Holding Company (IHC) has appointed an artificial intelligence (AI)-enhanced observer to its board of directors, marking a groundbreaking move for the $239B (AED 876B) conglomerate in integrating AI into corporate governance and decision-making.

International Holding Company (IHC), the Abu Dhabi-based investment giant, disclosed preliminary unaudited financial results for 2023, illustrating a year of noteworthy growth and strategic expansion.

IHC’s Board has sanctioned the initiation of transferring 2PointZero, a cutting-edge holding company encompassing diverse and dynamic firms, with plans to AED 100B ($27.2bn) in assets.

Shares in Abu Dhabi’s healthcare platform, PureHealth Holding, surged by up to 69% above their listing price on Wednesday during their market debut. The company had successfully raised nearly $1B in an initial public offering (IPO), representing 10% of its business.