Press releases, Reports & Disclosures for International Holding Company PJSC

International Holding Company PJSC (IHC) has issued a warning to the public about scammers using the company's name, employee names, and logo to advertise fraudulent investment opportunities and tenders online. These fraudsters are asking individuals and entities to provide personal and business information, as well as credit card and bank details for supposed tender fees or investments. IHC has stressed that it never sends tender requests or communications asking for personal, business, or financial information, nor does it ask for payments or investments via email, mail, or any other means. The company advises caution if such requests are received, and recommends not providing any sensitive information.

2PointZero, a subsidiary of International Holding Company (IHC), has announced the appointment of Sheikh Zayed bin Hamdan bin Zayed Al Nahyan as Chairman and Mariam bint Mohammed Saeed Hareb Almheiri as CEO. Both appointments bring a wealth of experience in fields such as AI, Media, Engineering, and Sustainability. Sheikh Zayed has a strong leadership background and has shown interest in the integration of AI in media. Mariam Almheiri, a former Minister of Climate Change and Environment, has a notable career in environmental and sustainability issues. The appointments are expected to help 2PointZero achieve its vision of being a leader in diverse industry verticals and contributing to global progress.

International Holding Company (IHC) has announced the formation of 2PointZero, a next-generation holding company. The IHC board has approved the transfer of several companies to 2PointZero, which is expected to have assets exceeding AED 100 billion. 2PointZero aims to innovate across multiple sectors including financial services, investment banking, technology and AI, mining and resource management, and digital and crypto ecosystems. The transfer will be completed after obtaining all regulatory approvals. The vision of 2PointZero is to build sustainable ecosystems that empower communities, cultivate technological excellence, and ensure financial resilience.

The International Holding Company PJSC (IHC) has issued a notice warning the public that scammers are using the company's name, employee names, and logo to advertise fraudulent investment opportunities and tenders online. These scammers are asking individuals or entities to provide personal, business, and financial information, including credit card and bank details. IHC emphasizes that it never requests such information via email, mail, or any other means, nor does it ask for payments or investments in this manner. Any such requests claiming to be from IHC should be treated with caution and no sensitive information should be provided.

The International Holding Company PJSC (IHC) has issued a warning about scammers using the company's name, employee names, and logo to advertise fake investment opportunities and tenders online. The scammers are asking individuals and businesses to provide personal and financial information, including credit card and bank details. IHC emphasizes that it will never request such information via email, mail, or any other means, nor will it ask for payments or investments in this manner. If such a request is received, it should be treated with caution and no sensitive information should be provided.

Sirius International Holding, a subsidiary of IHC, has launched Smart Sustainability Solutions (S3), a company dedicated to offering solutions for a transition to a net-zero economy. S3 aims to revolutionize the climate economy by integrating diverse sectors into single value chains and providing commercially viable end-to-end solutions. The company's focus areas include Methane, Carbon, Circularity (Circular Economy), and Water Efficiency. S3 plans to deploy capital and management resources on a large scale, aiming to become one of the largest companies dedicated to combating climate change. The company will also focus on developing nations, fostering global cooperation for low-carbon economic development.

International Holding Company (IHC), a global diversified conglomerate based in Abu Dhabi, has reported a 24.8% revenue growth in YTD-2023 compared to YTD-2022. This growth is attributed to positive performance in key segments such as real estate and construction, marine and dredging, and services. IHC's total assets grew by 3.3% to AED 235.6 billion as compared to December 2022. The company also reported a profit after tax of AED 15.2 billion for the nine-month period ending September 2023. IHC's CEO, Syed Basar Shueb, anticipates continued market volatility but expects the company's financial resilience to continue driving shareholder value. The company also reduced its total liabilities by 1.3% and grew its total owner's equity by 16.3% to AED 78.9 billion in Q3 2023.

The review report and interim financial information for International Holding Company PJSC has been released, covering the nine-month period ending on 30 September 2023. The report details the company's financial performance and operations during this period.