Alpha Dhabi Holding eyes $2.18bn investment across core sectors

By Amirtha P S, Desk Reporter
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Abu Dhabi
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UAE’s leading investment firm and a subsidiary of International Holding Company (IHC), Alpha Dhabi Holding (ADH) has revealed its plans to invest nearly $2.18 billion in real estate, hospitality, healthcare, petrochemicals, and other promising sectors inside and outside the country.

The decision is following a meeting of the Board of Directors of ADH, in which the officials agreed on the conglomerate’s plans to expand its investment portfolio.

The ADH Board has confirmed that the company will continue its diverse investment strategies across its core platforms, expanding its real estate portfolio and growing its construction business, in turn boosting shareholder value. 

Currently, ADH holds 12 percent of Aldar, leading Abu Dhabi-based real estate company, with a $5.45 billion portfolio of quality real estate assets across the retail, residential, office, education, and hospitality sectors. 

Abu Dhabi’s real estate market is experiencing a rise in both demand and value, and ADH is seeking new directions to keep pace with the sector’s recovery, to build a solid foundation for development and growth.

Hamad Al Ameri
Hamad Al Ameri
MD – ADH

“In Q3 2021, the conglomerate reported nine-month revenue of $3.11 billion, equivalent to 341 percent year-on-year growth, driven by its investments in a diverse range of successful businesses. During our Board Meeting, we approved the expansion of our investment portfolio in the real estate, hospitality, healthcare, and petrochemicals sectors, setting an investment target of $2.18 billion, a reflection of the company’s shareholder confidence, our leaderships vision and remarkable growth recorded to date.”

Since listing on the Abu Dhabi Securities Exchange earlier this year, ADH has continued along its growth path. The conglomerate’s strategic acquisitions and investments strengthened its commitment to building a substantial portfolio by developing, acquiring, and investing in emerging companies.

“As a platform offering huge potential for progress and growth, we are already in discussions with certain groups in promising sectors inside the UAE and equally we will continue our pursuit of strategic international investment opportunities,” Mr. Al Ameri added.

Related: Boubyan Bank, DIFC FinTech Hive unite to launch “Boubyan Accelerator”


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