International Holding Company PJSC

International Holding Company (IHC) reported a 46% increase in revenue to AED 41.7 billion and an 18% rise in net profit to AED 12.3 billion for the first half of 2024. The company's growth was driven by strong performance in sectors such as real estate & construction, marine & dredging, hospitality & leisure, and technology. IHC also announced a share buyback program worth up to AED 5 billion. CEO Syed Basar Shueb attributed the success to the company's strategic objectives, innovation, and operational excellence. The company's total assets grew by 37% to AED 362.9 billion compared to December 2023.

International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, has announced the formation of Rorix Holdings, a global finance and trade facilitation company. Rorix Holdings will focus on financial services, trade finance, advisory, commodities, and trade insurance sectors. This initiative aims to foster economic development by providing access to new markets for local, regional, and global businesses through the UAE. The company will leverage advanced technologies and trade solutions to support businesses of all sizes, aligning with the UAE’s Comprehensive Economic Partnership Agreement (CEPA) strategy. Rorix Holdings will also form strategic partnerships with both UAE and international stakeholders to enhance trade and economic growth.

International Holding Company (IHC), a diversified conglomerate based in Abu Dhabi, has announced the formation of Rorix Holdings. This new global finance and trade facilitation company will focus on financial services, trade finance, advisory, commodities, and trade insurance sectors. The initiative aims to support economic development by providing local, regional, and global businesses access to new markets through the UAE. Rorix Holdings will contribute to the UAE’s economic diversification by promoting innovation, growth, and sustainable development. It will offer comprehensive services and advanced solutions to boost trade volumes, attract foreign investment, and foster economic partnerships. The CEO of IHC, Syed Basar Shueb, highlighted that Rorix Holdings will leverage the latest technologies and trade solutions to support businesses of all sizes in the international marketplace. The company will also form strategic partnerships with various stakeholders to facilitate seamless international trade.

International Holding Company PJSC (IHC) has issued a notice to inform the public about the protection of personal and financial information. The company has become aware that scammers are using its name, employee names, and logo to advertise fraudulent investment opportunities and tenders online, requesting personal, business, and financial information, including credit card and bank details. IHC emphasizes that it will never send tender requests or communications asking for personal, business, or financial information via email, mail, or any other means, nor will it request payments or investments through such channels. If you receive such a request, treat it with caution and do not provide any sensitive information. Before making any payments to unknown sources, verify the legitimacy of emails or domains claiming to be from IHC by checking the sender’s email address, which will always come from an “@ihcuae.com” domain. To protect yourself from scams, stay updated with the latest news by visiting IHC's official website (ihcuae.com) or checking their regular news and disclosures on ADX (adx.ae). IHC never communicates with the public to request personal information or payments related to investment opportunities or tenders.

International Holding Company PJSC (IHC) has issued a notice to inform the public about the misuse of its name, employee names, and logo by scammers promoting fraudulent investment opportunities and tenders online. These scammers request personal, business, and financial information, including credit card or bank details, to pay tender fees or invest in the company. IHC emphasizes that it never sends such requests for personal or financial information via email, mail, or any other means, nor does it ask for payments or investments in this manner. The company advises verifying the legitimacy of any communication claiming to be from IHC by checking the sender’s email address, which should come from the “@ihcuae.com” domain. For protection against scams, IHC encourages staying updated with their latest news on their official website or through the Abu Dhabi Securities Exchange (ADX).