International Holding Company
The International Holding Company (IHC) is a holding company headquartered in Abu Dhabi, United Arab Emirates, which manages a diversified portfolio of domestic and foreign investments. The conglomerate is said to have close ties to the Abu Dhabi ruling dynasty. The chairman of the company is Sheikh Tahnoon bin Zayed al-Nahyan, who also serves as the country's National Security Advisor and manages two sovereign wealth funds.
| Industry | Investments |
|---|---|
| Founded | 1998 (as Asmak) |
Key people | Tahnoon bin Zayed al-Nahyan (Chairman) Syed Basar Shueb (CEO) |
| Revenue | $16.4 billion USD (2023) |
Net income | $7.5 billion USD (2023) |
| Total assets | $455.043 billion USD (2023) |
| Owner | Royal Group (60%) |
| Website | www.ihcuae.com |
The company is listed on the Abu Dhabi stock exchange and had a market capitalization of 240 billion US dollar in 2024. After the Royal Group transferred 40 companies worth US$4.7 billion to IHC, the company's share price grew by 42,000% between 2019 and 2024, making it the second most valuable company in the Gulf States behind Saudi Aramco. This transformation coincides with Tahnoon bin Zayed al-Nahyan's time as Chairman of the Group. The majority of shares (around 60%) in the company are controlled by the Royal Group.