IHC, a global investment company focused on building dynamic value networks, on Thursday announced the execution of an AED110 million (approximately $30 million) transaction using DDSC on ADI Chain, the institutional Layer-2 blockchain developed by ADI Foundation.
EasyLease, a subsidiary of Abu Dhabi-based IHC and a leading provider of integrated mobility solutions, has reported a strong performance for the first quarter delivering solid revenue growth and a significant improvement in profitability, underpinned by the continued strength of its core business and logistics operations.
Emirates Stallions Group, a leading UAE conglomerate operating across construction and real estate sectors, has delivered double-digit growth across key financial indicators. Its revenue for the three-month period hit AED370 million ($100 million), while its net profit recorded a 29% growth.
IHC, a global investment company focused on building dynamic value networks, today announced that it has received all requisite regulatory approvals to acquire approximately 41.5% stake in Sammaan Capital Limited on a fully diluted basis, for a total transaction value of approximately $1 billion (INR 8,850 crore).
IHC, the global investment company focused on building dynamic value networks, on Friday announced the plan to launch Judan Financial Holding, a new international financial services holding company that will serve as the dedicated platform for IHC’s rapidly expanding financial services portfolio.
IHC, a key investment company based in Abu Dhabi with interests in asset management, real estate, construction and finance sectors, has reported a 29% rise in its revenue for FY 2025 and a 35% jump in profit, supported by strong performance across its diversified portfolio.
The UAE has taken a decisive step into regulated digital currency infrastructure after the Central Bank of the UAE (CBUAE) approved the launch of the dirham-backed stablecoin, DDSC, paving the way for institutional-grade blockchain-based payments in the country.
US private equity firm Carlyle has begun talks with UAE investors to bring in partners should its deal to buy Russian Lukoil's international assets worth $20 billion proceed, said a report. Lukoil boasts strategic stakes in European refineries as well as significant holdings in oil fields from Iraq to Kazakhstan.
IHC, a global investment company based in Abu Dhabi, has announced that it has increased its shareholding in Invictus Investment Company, a full service commodity trading company, to 40% through the acquisition of 196 million shares.
IHC, Abu Dhabi-headquartered global investment company focused on building dynamic value networks, has reported a revenue of AED84.6 billion ($23.04 billion) for the nine months ending September 30, up 32.3% year-on-year from AED64 billion in the same period last year.
