Browsing: IHC

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.

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.