IHC, an Abu Dhabi-based investment company, has announced that it has acquired a majority stake in the state-owned First Women Bank Limited (FWBL) based in Karachi, Pakistan, offering a comprehensive range of retail, SME services.
IHC, an Abu Dhabi-based global investment company, plans to merge its flagship companies 2PointZero, Multiply Group, and Ghitha Holding into a single, next‑generation investment powerhouse valued at AED120 billion ($32.68 billion), creating one of Abu Dhabi’s largest listed investment companies.
Lunate, a partner-led and independent global investment firm with $115 billion in assets under management, has appointed Mohamed Hassan Alsuwaidi, Founding Managing Director & Group Chief Executive Officer of ADQ, as Executive Chairman and Managing Partner, following his successful tenure at ADQ.
IHC, a global investment company focused on building dynamic value networks, has announced a strategic framework with the US International Development Finance Corporation (DFC) to mobilise transformational, private-sector investment across priority sectors and high-growth markets of mutual strategic interest.