About IHC

Pursuing high growth opportunities and advancement by investing in innovation, practicing resilience and nurturing creativity.

Our Vision

To build a robust and diversified operating asset holding company through strategic acquisitions in growth-driven industries and the creation of innovative companies that add value and bring sustainable improvements to communities, businesses, and governments.

Our Mission

To empower, enhance, advance and improve lives and opportunities. For our shareholders, our mission is to generate value, increase returns and create sustainable growth through:
  • Organic growth
  • Strategic acquisitions
  • Strong corporate governance
  • Business combinations
  • Consolidated finance through simplification, standardization and automation

Our Leadership

sheikh

H.H. Sheikh Tahnoon
bin Zayed Al Nahyan

Chairman
baser

Dr. Mhd Somar Ajalyaqin

Vice Chairman
Somar

Syed Baser Shueb

CEO & Managing Director
sofia

Sofia Abdellatif Lasky

Board Member
Mohamd

Mohammed Nasser
Al Shamsi

Board Member

Who We Are

There’s a reason IHC is one of the fastest-growing holding companies in the region; our investments aren’t just business-led, they’re centered on impacting the world by creating opportunities, making things better, and achieving the best for communities, governments and people. Everything we support is synchronized with our drive to improve businesses that improve lives.

As an Abu Dhabi-based company, we are closely aligned with the UAE’s 2030 vision, as well as the Emirates’ plans for the next 50 years, intent on not just supporting but contributing to the advancement of the nation in a multitude of industries through innovation, creativity and resilience.

On the technical level, IHC is a publicly-listed holding company comprising of 100+ entities, with international operating segments and acquisitions in 9 primary business segments: Real Estate; Agriculture; Healthcare; Food and Beverage and Distribution; Utilities; Industries; IT and Communications; Retail and Leisure; and Capital.

  • Employees

    7800

  • New Investments

    36

  • Operating Assets

    26

Resilience and Growth

Resilience – 2020 Highlights
Throughout 2020, and despite the challenges of the COVID-19 pandemic, IHC delivered strong financial results, reporting a group net profit of AED 3 billion, up from AED 506 million in 2019.
 
 
Growth – 2021 and Beyond
After growing its asset base from AED 4 billion to AED 14 billion in 2020, IHC will continue to strengthen and enhance the Group’s portfolio through acquisitions, strategic investments, restructuring, consolidation, diversification and divesting.

Key Milestones

2008

The Company – at this point in time known as International Fish Farming Company (Asmak) diversified its operations by acquiring three land parcels, totaling 19,246 sq mt.

2011

The Group took another step in its evolution and acquired the Abu Dhabi Land (ADL) group through a share swap. ADL is a general construction business, in addition to designing and building services for landscape, irrigation, construction, maintenance and labor accommodation. Asmak increased its share capital from AED 300 mn to AED 510 mn.

2013

The business model was diversified with an emphasis on adding wholesale operations, brand ownership, and value added products to the fishery business.

2016

Asmak expanded its food business by establishing a new animal feed business. The objective was to support the UAE’s food security program, as well as service international markets.

2017-2018

Asmak repositioned itself as a holding company for strategic investments. The moment was marked by transforming its name from International Fish Farming Company (Asmak) to International Holding Company (IHC). During the year, the Company also expanded its newly-created animal feed business with the purchase of an additional factory in Spain.

2018-2019

Intending to build upon the solid foundations that had been laid, IHC grew its numerous businesses in 2019 through strategic acquisitions and diversification of its portfolio, remaining focused on increasing revenue and profit to generate greater shareholder value.

2020

The Company grew its portfolio to 97 companies and established 9 business segments, with a focus on Healthcare. Three companies (Palms Sports, Zee Stores and EasyLease) were listed on ADX's Second Market.