Reflecting on 2023, International Holding Company (IHC) has steered a course of transformative growth and global impact. A key enabler of IHC’s sustained growth has been the partnerships we have forged, both within the UAE and internationally.
The diverse nature of our portfolio has allowed us to navigate economic challenges, with flexibility at our core. IHC’s commitment to deepening international ties aligns with our overarching goal – to contribute significantly to the UAE’s burgeoning recognition as an international financial center, an innovation hub, and a flourishing business environment.
The trust bestowed upon us by our shareholders is our most valued asset. It drives our ambitions and inspires us to deliver sustained, long-term value. Our strategic initiatives and growth have fuelled a stellar Earnings per Share of AED 12.55, representing nearly a 2x growth in the past year. In tandem with increased profitability and the fortification of our balance sheets, IHC’s total assets have risen to an impressive AED 264.3 Billion.
The UAE has demonstrated a strong commitment to sustainability, particularly through the extension of the ‘Year of Sustainability’ into 2024. At COP28, our subsidiaries not only showcased our commitment to climate change solutions, but also forged pivotal partnerships that mark a significant step towards our vision of a greener future.
Our early planning has positioned us well to embrace the next frontier of innovation. Artificial Intelligence (AI) is already transforming IHC’s operations exponentially, enriching our daily activities and streamlining processes. Coupled with our advances in technology and climate finance, AI will propel us toward a future where IHC sustains growth across diverse industries and generates enduring value. Our unwavering commitment to sustainability, robust partnerships, and shareholder trust continues to be the cornerstone of our success.
I wish to express our appreciation to the shareholders and our partners for their unwavering backing, and I commend the dedication of IHC team. Together we embark on a journey shaping a brighter, more sustainable future.
Looking forward, the Board remains steadfast in its pledge to advance the company’s future strategies, ensuring a trajectory of sustainable growth and resilience. This collective commitment fortifies our confidence that, together, we will continue to shape a future of enduring prosperity for International Holding Company."
