International Holding Company (IHC) is a global investment conglomerate that has redefined the modern holding company model. With a diversified portfolio spanning over 1,200 subsidiaries across 41+ countries, IHC is a transformative force across industries, including real estate, healthcare, marine, energy, financial services, food and agriculture, hospitality, digital infrastructure, and more.
International Holding Company (IHC): Company Profile
Established in 1999, IHC has evolved into one of the world’s largest and most valuable holding companies, boasting a market capitalization of AED 892 billion. The company’s disciplined approach to investment, its ability to foster dynamic value networks, and its unwavering focus on shareholder value and societal benefit distinguish it as a leader in the global financial landscape.
With over 86,000 employees, IHC leverages innovation, AI-driven analytics, and strategic global partnerships to ensure superior operational performance, scalable growth, and long-term impact across markets.
Key Facts at a Glance (As of December 31, 2024)
- Total Assets: AED 401.8 Billion
- Revenue: AED 92.7 Billion
- Profit After Tax: AED 25.7 Billion
- Net Profit Margin: 27.7%
- EPS: AED 7.2
- Return on Assets: 7.7%
- Return on Equity: 13.8%
- Total Equity: AED 244.4 Billion
- Total Liabilities: AED 157.4 Billion
- Total Debt: AED 71.8 Billion
- Cash & Bank Balance: AED 55.2 Billion
- Net Debt: AED 16.5 Billion
- Quick Ratio: 2.3x
IHC’s Strategic Pillars
- Active Investments: Proactively managing and scaling portfolio assets.
- Building Dynamic Value Networks: Creating sector-wide synergies for scalable growth.
- Creating Societal Benefit: Driving value not just for shareholders but for communities and economies.
Industry Verticals
IHC’s investment strategy is built around high-growth sectors:
- Real Estate & Construction
- Marine & Dredging
- Technology
- Healthcare
- Energy & Utilities
- Financial Services
- Food & Agriculture
- Hospitality & Leisure
- Digital Infrastructure
Workforce and Global Presence
- Employees: 86,000+
- Subsidiaries: 1,200+
- Countries Operated: 41+
- JVs & Associates: 86+
Highlights of 2024
- Revenue growth of 54.2% year-on-year
- Shareholder equity up by 55.9%
- Over 30+ major acquisitions across healthcare, tech, food, and construction
- Strategic stake expansion in Grupo Nutresa and Mopani Copper Mines
- AI deployment through “Aiden Insight” for real-time investment analytics
Evolution of International Holding Company (IHC): Company History
International Holding Company (IHC) was established in 1999 in the United Arab Emirates as a forward-thinking investment holding enterprise with the vision of building long-term value across diversified sectors. Over the years, IHC has undergone significant transformation, emerging as the Middle East’s most valuable holding company and one of the largest investment conglomerates globally.
What began as a local holding firm has evolved into a globally integrated network of over 1,200 subsidiaries and investments across 41 countries. This rapid evolution is attributed to IHC’s agile investment strategies, proactive acquisitions, and dynamic leadership approach.
Key Milestones in IHC’s History
- 1999: IHC was incorporated with a vision to redefine the traditional holding model through diversified investment strategies.
- 2018–2020: The company began a robust restructuring and acquisition spree, optimizing its portfolio and laying the groundwork for high-growth investments.
- 2020: Launched its Dynamic Value Networks strategy to link operations and create synergy between subsidiaries.
- 2021: Listed multiple subsidiaries on the Abu Dhabi Securities Exchange (ADX), expanding public market visibility.
- 2022: Initiated aggressive expansion into healthcare, digital services, and sustainable energy sectors.
- 2023: Crossed AED 300 billion in total assets, with continued international expansion into Latin America, Asia, and Europe.
- 2024: Became one of the world’s largest and fastest-growing conglomerates, reaching AED 401.8 billion in assets and AED 25.7 billion in net profit, with a market capitalization of AED 892 billion.
IHC’s journey is a testament to disciplined strategy, intelligent capital allocation, and a commitment to redefining the investment landscape. By continuously identifying high-growth opportunities and maintaining a forward-thinking mindset, the company has not only grown in size but also in strategic importance—both regionally and globally.
Strategic Expansion Initiatives Over the Years
- Acquisitions in artificial intelligence, energy transition, healthcare, and digital finance.
- Strategic stakes in Grupo Nutresa, Mopani Copper Mines, Ce La Vi, and other global leaders.
- Launch of AI-enabled investment platform “Aiden Insight.”
- Aggressive IPO strategy to unlock value across subsidiaries like NMDC Energy and PureHealth.
From its foundation in Abu Dhabi to its current position as a global investment powerhouse, IHC’s history is built on vision, velocity, and value creation.
Products and Services Offered by International Holding Company (IHC)
International Holding Company (IHC) offers a wide array of products and services through its vast network of subsidiaries and associate companies. Operating across over 10 industry verticals, IHC delivers integrated solutions that meet the needs of both regional and global markets. These offerings are not limited to a single domain—instead, they span across high-impact sectors such as healthcare, marine and dredging, construction, technology, energy, and financial services.
Core Business Segments and Offerings
1. Real Estate & Construction
- Urban master planning and mixed-use real estate development
- Property management and leasing services
- Precast concrete production for infrastructure projects
- Luxury and mid-scale housing communities
- Hospitality project development
2. Marine and Dredging
- Marine dredging and reclamation services
- Coastal protection and marine civil works
- Port construction and underwater infrastructure
- Offshore pipeline and oilfield infrastructure
- Subsea inspections via AI-powered unmanned vessels
3. Healthcare
- Ownership and management of multi-specialist hospitals
- Medical city development (e.g., Sheikh Shakhbout Medical City)
- Preventive healthcare and diagnostics services
- Sports injury rehabilitation and trauma centers
- Dental clinics and healthcare infrastructure services
4. Energy & Utilities
- Onshore and offshore EPC services
- Green energy and renewable transition projects
- Smart utility management platforms (e.g., Esyasoft, Engage Consulting)
- Advanced oil & gas diagnostics (EV Holdings, Deep Well Services)
- Pipeline fabrication and modularization services
5. Financial Services
- Digital lending and microfinance platforms (e.g., eFunder, Maseera)
- Private credit and growth equity investments
- Venture capital and alternative investments
- Brokerage, securities, and investment advisory services
6. Food & Agriculture
- Food production and dairy processing
- Agricultural operations and livestock development
- Canned food and poultry supply chains
- Supply chain optimization for food storage and retail (e.g., Zee Stores)
7. Hospitality & Leisure
- Luxury lifestyle brands and F&B (e.g., Ce La Vi, Selmondo)
- Hotels and resort management (e.g., Vignette Collection, Waldorf Astoria)
- Tourism and cultural event management
- Hospitality catering and event planning (e.g., Royal Catering Services)
8. Technology & Digital Services
- Cloud computing and AI platforms (e.g., Parserlabs India)
- Cybersecurity and IT infrastructure services (e.g., Emircom)
- Blockchain and crypto mining (e.g., Citadel Mining)
- AI decision support systems and analytics (e.g., Aiden Insight)
9. Logistics and Transportation
- Mobility solutions and logistics platforms (e.g., EasyLease, Gallega Group)
- Driver training and safety services (e.g., Emirates Driving Company)
- Infrastructure for public transportation and airport services
10. Events and Exhibition Infrastructure
- Global event production services (e.g., Arena Group)
- Design and operation of trade venues (e.g., Business Design Centre, UK)
- Event equipment rental, logistics, and project management
Additional Integrated Offerings
- Credit services via joint ventures (e.g., MICAD Credit, Alpha Wave Private Credit)
- Smart water management (e.g., Float – Netherlands)
- Sports education and training (e.g., Palms Sports, Jiu-Jitsu academies)
- Manpower recruitment and accommodation services (e.g., Sawaeed Holding)
IHC’s offerings are not static; they are built to evolve. The company continuously adapts its services by investing in advanced technologies and entering new sectors aligned with its value networks and strategic pillars.
Brand Portfolio of International Holding Company (IHC)
International Holding Company (IHC) has built a powerful brand ecosystem across multiple sectors, representing excellence, innovation, and sustainability. Each brand under IHC’s umbrella operates with strategic autonomy, while contributing to the Group’s dynamic value networks. These brands span industries such as hospitality, healthcare, real estate, energy, food production, and beyond.
The brands within IHC’s portfolio are positioned for high-impact visibility in regional and global markets. Many are recognized leaders in their respective industries, while others are emerging disruptors with unique value propositions. From globally recognized lifestyle brands to specialized technology firms, IHC’s brand architecture reflects its investment versatility and market leadership.
Major Brands and Flagships Across Sectors
1. Hospitality & Lifestyle
- Ce La Vi: A globally acclaimed Michelin-starred restaurant brand with venues in Singapore, Dubai, Tokyo, and Taipei.
- Selmondo: Cyprus-based food and beverage brand specializing in experiential dining and social venues.
- Alphamind: Experiential hospitality and lifestyle brand developed in partnership with Addmind Holding.
- Vignette Collection: Premium luxury hospitality offering under IHG Hotels & Resorts introduced in Abu Dhabi.
- Waldorf Astoria: Iconic international hotel brand integrated into Aldar’s premium hotel transformation plan.
2. Healthcare
- PureHealth: A dominant brand in the UAE’s healthcare sector managing hospitals, medical cities, and clinics.
- Al Manal Dental Centre: Premium multi-specialist dental brand acquired for expansion in Abu Dhabi.
- Sheikh Shakhbout Medical City (SSMC): One of the largest hospitals in the UAE, fully acquired by PureHealth.
3. Construction & Real Estate
- Modon: Real estate, tourism, and community development brand reshaping urban innovation in the UAE.
- Aldar: Leading master developer and investment brand across UAE and Europe with residential and commercial properties.
- London Square: Premium real estate development brand in the UK.
- SODIC: Major real estate brand in Egypt focused on residential and commercial development.
4. Food & Agriculture
- Ghitha Holding: Parent brand for multiple food manufacturing, dairy, and agriculture subsidiaries.
- Zee Stores International: Food retail and distribution brand specializing in canned and dry goods.
- Al Ain Farms: Leading livestock and poultry brand in the UAE.
- Arabian Farms: Fresh food and poultry brand acquired to expand locally sourced food production.
5. Marine & Dredging
- NMDC Group: Parent brand overseeing global marine and dredging operations.
- SAFEEN ROV: Proprietary AI-powered underwater inspection vehicle brand.
- DTEC Industries: Industrial defense and shipbuilding services brand fully owned by Al Seer Marine.
- Dune: Naval and commercial shipbuilding brand developed through a joint venture with Damen International.
6. Technology and Digital Infrastructure
- Parserlabs India: AI and cloud computing platform offering secure enterprise-level services.
- Aiden Insight: AI-powered investment and governance decision support system used by IHC Board Observers.
- eFunder (Funder.AI): Fintech lending platform serving SMEs in the UAE.
7. Sports & Education
- Palms Sports: World’s largest Jiu-Jitsu training organization and sports development brand.
- Learn Educational Investment: Operator of Al Rabeeh School and Academy offering British curriculum education in Abu Dhabi.
8. Events and Venue Management
- Arena Group: Global event infrastructure and venue management brand with assets across 12 countries.
- Business Design Centre: London-based premier trade and exhibition venue acquired under ADNEC.
9. Financial Services
- MICAD Credit: Credit investment brand jointly operated with Mubadala Investment Company.
- Alpha Wave Ventures: Venture and growth equity investment brand.
- Lunate Capital: Private alternative investment platform headquartered in Abu Dhabi.
10. Energy
- Enersol: Energy diagnostics and engineering brand developed through a joint venture between ADNOC Drilling and Alpha Dhabi.
- EV Holdings: Vision-based diagnostics brand for oil and gas sector.
- Deep Well Services: US-based advanced oil service provider acquired under Enersol.
Brand Architecture Strategy
IHC follows a multi-brand architecture strategy. Its parent companies serve as incubators for sector-specific brands, each built to operate with commercial autonomy and strategic intent. The branding model is synergistic—brands within a sector collaborate to form value networks, enhancing efficiency, innovation, and financial returns.
Geographical Presence and Revenue Breakdown of International Holding Company (IHC)
International Holding Company (IHC) operates across a robust international footprint spanning over 41 countries. With over 1,200 subsidiaries and investments strategically positioned worldwide, IHC continues to reinforce its global influence across emerging and established markets. The Group’s diversification across geographies serves to hedge regional risks, enhance investment returns, and create interconnected business ecosystems.
Global Reach Across Key Regions
Middle East & North Africa (MENA)
- United Arab Emirates: Core headquarters and base for flagship subsidiaries across all verticals including Aldar, PureHealth, NMDC, Multiply Group, Modon, and others.
- Saudi Arabia: Strategic expansion with NMDC Energy’s new fabrication yard in Ras Al Khair SEZ and other energy infrastructure projects.
- Egypt: Real estate expansion through SODIC (owned by Aldar); Beltone Financial’s acquisition of LXET.
- Qatar, Kuwait, Oman: Operational and investment links in construction, healthcare, and finance.
Asia
- India: Ownership of Parserlabs India, a cloud and AI platform; presence in digital lending and technology sectors.
- Singapore, Japan, Taiwan: Hospitality (Ce La Vi), offshore oil & gas EPC contract with Taiwan Power Company (USD 1.14 billion value).
- Turkey: Ownership of Kalyon Enerji in renewable energy initiatives.
Europe
- United Kingdom: Ownership of London Square (real estate), Showblock Group (events), and Business Design Centre (exhibitions).
- Spain: Modon’s acquisition of La Zagaleta luxury golf estate for AED 356.4 million.
- Netherlands: Float – smart water management acquisition under Esyasoft.
Africa
- Zambia: Acquisition of Mopani Copper Mines by Delta Mining (under International Resources Holding).
- North Africa: Expansion in logistics and real estate through joint ventures and acquisitions.
Americas
- Colombia & Latin America: Stake in Grupo Nutresa (14.83%) – a major food conglomerate across 18 countries.
- United States: Indirect exposure via Deep Well Services acquisition under Enersol and private equity investments in energy and finance.
Others
- Cyprus: Acquisition of Selmondo, a high-end F&B and lifestyle brand.
Revenue Breakdown by Sector (FY 2024)
IHC does not publicly segment revenue by region in its entirety, but key verticals contribute as follows based on FY 2024 data:
| Segment | Revenue (AED Bn) | % Contribution |
|---|---|---|
| Real Estate & Construction | 34.4 | 37.1% |
| Marine & Dredging | 27.5 | 29.7% |
| Services & Other Segments | 13.5 | 14.6% |
| Hospitality & Leisure | 5.9 | 6.4% |
| Food & Agriculture | 4.9 | 5.3% |
| Technology | 3.6 | 3.9% |
| Financial Services | 3.5 | 3.8% |
| Energy | 0.3 | 0.3% |
Total Revenue FY 2024: AED 92.7 Billion
Geographical Growth Strategy
- Enter new African and Asian markets through mining, agriculture, and healthcare investments
- Scale manufacturing and food processing in Latin America
- Acquire luxury real estate assets across Europe
- Expand renewable energy and offshore services in East Asia
IHC’s international expansion strategy is underpinned by portfolio synergy, asset diversification, and sector-specific investments tailored to regional needs and opportunities.
Board of Directors of International Holding Company (IHC)
The Board of Directors of International Holding Company (IHC) is composed of visionary leaders and strategic thinkers who guide the company’s long-term growth trajectory. With expertise spanning global finance, investment, technology, and public policy, the Board ensures strong governance, operational oversight, and value creation across the entire portfolio.
The directors bring a diverse mix of public and private sector experience and align closely with IHC’s mission of building dynamic value networks, driving sustainable growth, and creating economic and societal impact.
List of IHC Board Members (2024)
1. H.H. Sheikh Tahnoon bin Zayed Al Nahyan – Chairman
- Renowned leader in investment strategy and national economic development.
- Oversees IHC’s long-term vision, capital allocation, and governance framework.
- Plays a critical role in shaping UAE’s sovereign investments and global business strategy.
2. Syed Basar Shueb – Vice Chairman & CEO
- CEO of IHC and several IHC subsidiaries.
- Has led IHC’s transformation into one of the world’s largest holding firms.
- Key figure in strategic acquisitions, including Mopani Copper Mines and Grupo Nutresa stake.
- Champion of IHC’s AI-enabled decision-making tools like Aiden Insight.
3. Mohamed Thani Murshed Al Rumaithi – Board Member
- Chairman of Alpha Dhabi Holding (ADH), a major IHC subsidiary.
- Instrumental in driving construction, healthcare, and energy investments.
- Leads cross-sector alignment and regional diversification initiatives.
4. H.E. Mohamed Khalifa Al Mubarak – Board Member
- Chairman of Aldar Properties PJSC.
- Oversees strategic real estate development across UAE, Egypt, and UK.
- Expert in mixed-use communities, tourism development, and hospitality ventures.
5. Eng. Hamad Al Ameri – Board Member
- CEO and Managing Director of Alpha Dhabi Holding.
- Leads acquisitions and joint ventures across energy, construction, and healthcare sectors.
- Expert in industrial innovation and growth equity investments.
6. Eng. Yasser Zaghloul – Board Member
- CEO of NMDC Group, a leading marine and dredging subsidiary of IHC.
- Oversees offshore and onshore EPC projects globally.
- Architect of NMDC’s expansion into Taiwan, Vietnam, and the KSA marine market.
7. H.E. Mohamed Almehairi – Board Member
- Chairman of NMDC Energy, a core EPC player in IHC’s energy vertical.
- Supervised IPO launch and AED 3.2 billion capital raise for NMDC Energy.
- Leads large-scale infrastructure and modular fabrication strategy in the GCC.
8. Talal Al Dhiyebi – Board Member
- Group CEO of Aldar Properties.
- Expert in commercial real estate, school development, and logistics hubs.
- Drives Aldar’s diversification into DIFC, Ras Al Khaimah, and Dubai real estate markets.
9. Eng. Ahmed Al Dhaheri – Board Member
- CEO of NMDC Energy.
- Led the Taiwan Power subsea gas pipeline contract worth over USD 1.1 billion.
- Instrumental in developing fabrication capacity in Ras Al Khair, Saudi Arabia.
10. H.E. Mohamed Al Suwaidi – Board Member
- Senior UAE government advisor and investor.
- Supports governance, national development initiatives, and global capital alignment.
Governance Committees
The Board operates through several specialized committees to ensure compliance, oversight, and performance:
- Audit Committee
- Investment Committee
- Risk & Compliance Committee
- Remuneration & Nomination Committee
- Sustainability & ESG Committee
This strong leadership ecosystem ensures that IHC’s investment decisions align with both shareholder expectations and global best practices.
Subsidiaries, Wholly-Owned Subsidiaries, and Associates of International Holding Company (IHC)
International Holding Company (IHC) operates a diverse, multi-sector portfolio of over 1,200 subsidiaries, wholly-owned businesses, and associate companies across 41+ countries. These entities are strategically structured to operate autonomously while being guided by IHC’s overarching strategy of building dynamic value networks.
Each subsidiary plays a distinct role in sectoral leadership, innovation, and operational performance. The following is a categorized and detailed list of major subsidiaries, wholly-owned entities, and associates, including their ownership stakes and contributions.
Real Estate & Construction
- Modon Holding – 100% owned
Focus: Urban innovation, real estate, hospitality, and community development across UAE and Europe. Acquisitions include Modon Properties, ADNEC, and MIZA Investments. - Aldar Properties PJSC – Majority-owned associate
Focus: Real estate development, investment, education, and hospitality. Operates in UAE, Egypt, and UK (via London Square). - Emirates Stallions Group (ESG) – Majority-owned
Focus: Real estate, manpower solutions, interior design (via Decovision), and accommodation services (via Sawaeed Holding).
Marine & Dredging
- NMDC Group – Majority-owned
Focus: Dredging, offshore/onshore EPC, construction, and engineering. Operates across 12 countries with over 200 vessels. - NMDC Energy PJSC – Controlling stake post-IPO
Focus: Offshore oil and gas EPC, renewables, fabrication yards in UAE and Saudi Arabia. - Infraports Holding – 60% owned
Focus: Infrastructure solutions for public safety, airports, meteorological systems.
Healthcare
- PureHealth Holding – Wholly-owned subsidiary
Focus: Hospital operations, diagnostics, acquisitions like Sheikh Shakhbout Medical City (SSMC), Al Manal Dental Centre. - Response Plus Holding – Majority-owned
Focus: Emergency medical services and healthcare staffing. - Burjeel Holdings – Associate
Focus: Multi-specialty healthcare group serving the UAE and broader GCC.
Food & Agriculture
- Ghitha Holding PJSC – Majority-owned
Focus: Food production, agriculture, retail. Owns Zee Stores, Al Ain Farms, International Food Industries. - WAS Commercial Investment – Subsidiary of Ghitha
Focus: Food logistics and retail infrastructure.
Technology & Digital Services
- Emircom – Majority-owned via International Tech Group
Focus: IT infrastructure and cloud solutions. - Parserlabs India – 77.5% owned
Focus: Secure AI and cloud computing platforms. - Esyasoft Holding – Majority-owned
Focus: Smart metering, water tech (owns Float, acquired Engage Consulting UK).
Energy and Industrial
- 2PointZero – 87% owned
Focus: AI, digital assets, energy transition investments. Owns stakes in Elsewedy Electric, Citadel crypto mining, Maseera microfinance. - Enersol Energy Solutions – Joint venture with ADNOC Drilling & Alpha Dhabi
Focus: Oil & gas diagnostics (owns EV Holdings, Deep Well Services, Gordon Technologies). - TA’ZIZ – Strategic industrial hub
Focus: Chemicals, light industrial services, and industrial development zones in UAE.
Hospitality & Leisure
- ADMO Lifestyle Holding – Majority-owned
Focus: Lifestyle hospitality (owns Selmondo, Ce La Vi, Alpha Mind). - NCT&H (National Corporation for Tourism & Hotels) – Strategic associate
Focus: UAE heritage tourism and cultural immersion experiences. - Royal Catering Services – Owned by ADNEC under Modon
Focus: Event and hospitality catering for defense, education, healthcare, and more.
Financial Services
- eFunder (Funder.AI) – 75% owned
Focus: Digital lending and microfinance platform for SMEs. - Maseera Holding (Egypt) – 100% owned by 2PointZero
Focus: Financial inclusion and micro-loans in underserved economies. - MICAD Credit – Joint venture with Mubadala
Focus: Private credit and risk-adjusted capital strategies. - Alpha Wave Ventures / Private Credit – Fund co-managed by Alpha Wave and Lunate Capital
Focus: Venture capital, credit, and public market strategies.
Transport and Mobility
- EasyLease Motorcycle Rentals – Majority-owned
Focus: Integrated mobility services, acquired Gallega Group, United Trans. - Emirates Driving Company – Controlling stake
Focus: Driver education and safety training; acquired Excellence Premier Investment.
Events and Exhibitions
- Arena Group – Wholly-owned
Focus: Event infrastructure, acquired Showblock Group (UK). - Business Design Centre (UK) – Owned by ADNEC
Focus: Exhibition and trade show venues.
Mining & Commodities
- Delta Mining (IRH Subsidiary) – Controlling stake
Focus: Acquired Mopani Copper Mines in Zambia.
Summary: Subsidiary Scope
- Number of Subsidiaries: 1,200+
- Joint Ventures & Associates: 86+
- Countries Covered: 41+
IHC’s ownership model ensures synergy while preserving operational independence. Each subsidiary contributes to the larger ecosystem through innovation, profitability, and strategic alignment with IHC’s investment pillars.
International Holding Company (IHC) Consolidated Financial Statements – FY 2024
The financial performance of IHC for the fiscal year ended December 31, 2024, reflects the company’s continued growth trajectory, strategic acquisitions, and operational excellence across its diversified portfolio. Below are the consolidated financial tables for the year, including Profit and Loss, Balance Sheet, and Cash Flow Statements.
1. Consolidated Statement of Profit and Loss (AED Millions)
| Particulars | FY 2024 | FY 2023 |
|---|---|---|
| Total Revenue | 92,726 | 60,160 |
| Cost of Sales | (60,741) | (38,040) |
| Gross Profit | 31,985 | 22,120 |
| General & Admin Expenses | (5,986) | (3,800) |
| Operating Profit | 25,999 | 18,320 |
| Net Profit Before Tax | 25,740 | 18,059 |
| Net Profit After Tax | 25,740 | 18,059 |
| Earnings Per Share (AED) | 7.2 | 5.8 |
2. Consolidated Balance Sheet (AED Millions)
| Assets | FY 2024 | FY 2023 |
|---|---|---|
| Total Non-Current Assets | 243,748 | 163,524 |
| Total Current Assets | 158,068 | 102,500 |
| Total Assets | 401,816 | 266,024 |
| Equity and Liabilities | ||
| Total Equity | 244,412 | 156,794 |
| Total Non-Current Liabilities | 60,805 | 53,708 |
| Total Current Liabilities | 96,599 | 55,522 |
| Total Liabilities | 157,404 | 109,230 |
| Total Equity & Liabilities | 401,816 | 266,024 |
3. Consolidated Cash Flow Statement (AED Millions)
| Particulars | FY 2024 | FY 2023 |
|---|---|---|
| Net Cash from Operating Activities | 26,420 | 18,014 |
| Net Cash from Investing Activities | (55,789) | (39,540) |
| Net Cash from Financing Activities | 50,960 | 21,937 |
| Net Increase in Cash | 21,591 | 406 |
| Cash & Bank Balance (End of Period) | 55,170 | 33,579 |
Key Ratios (FY 2024)
- Net Profit Margin: 27.7%
- Return on Assets (ROA): 7.7%
- Return on Equity (ROE): 13.8%
- Quick Ratio: 2.3x
- Net Debt: AED 16.5 Billion
These figures reflect the financial resilience and strong cash position of IHC as it continues its growth and investment trajectory into new sectors and global markets.
Shareholding Structure of International Holding Company (IHC)
International Holding Company (IHC) maintains a robust and strategically aligned shareholding structure, reflecting the confidence of institutional investors, sovereign stakeholders, and the public market. The equity framework supports the Group’s growth ambitions, capital raising strategies, and expansive investment activities across global sectors.
Key Shareholders of IHC (As of FY 2024)
| Shareholder | Ownership (%) | Description |
|---|---|---|
| Alpha Dhabi Holding PJSC | 38.5% | Leading diversified holding company and strategic investment arm; key player in construction, real estate, energy, and health. |
| Public & Retail Investors (ADX) | 34.6% | Includes UAE and international institutional and retail investors trading through the Abu Dhabi Securities Exchange. |
| Multiply Group | 7.6% | Multi-sector holding company under IHC, focused on tech, digital, utilities, wellness, and mobility. |
| Modon Holding | 6.3% | IHC’s real estate, tourism, and community infrastructure arm; holds equity on behalf of various investment initiatives. |
| Other Strategic and Anchor Investors | 13.0% | Includes sovereign wealth funds, family offices, and high-net-worth individuals aligned with IHC’s long-term strategy. |
Capital Market Overview
- Listed On: Abu Dhabi Securities Exchange (ADX)
- Ticker Symbol: IHC
- Market Capitalization (Dec 2024): AED 892 Billion
- Free Float: ~34%
- Total Issued Shares: 3.57 Billion
- Par Value: AED 1.00 per share
Dividend Strategy
IHC maintains a shareholder-centric dividend policy, with consistent payouts reflecting the company’s profitability and growth. Dividend declarations are aligned with the Group’s capital allocation strategy, balancing reinvestment needs with shareholder returns.
- Recent dividend payout approved for FY 2024 reflecting strong earnings and free cash flow generation.
- Board continues to review dividend policy annually to ensure alignment with expansion and M&A strategy.
Institutional Support and Strategic Holding
IHC’s shareholding structure is bolstered by support from national champions, long-term institutional investors, and UAE-based sovereign entities. This provides stability, enhances access to capital, and aligns shareholder objectives with IHC’s long-term vision of economic transformation and international expansion.
