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Alpha Dhabi Holding, a key investment company with interests in construction and hospitality sectors, has acquired a 25.2 per cent stake in UAE-based Al Qudra Holding, as part of its AED8 billion ($2.2 billion) strategic investment plan for the emirates.
ABU DHABI, 4th January, 2022 (WAM) Alpha Dhabi Holding (ADH) has announced the acquisition of 25.24% shareholding in Al Qudra Holding, as part of its AED8 billion strategic investment plan across various key-sectors in the UAE.
Al Qudra Holding is an Abu Dhabi-based private joint stock company which has grown significantly by focusing on sustainable development in the region and creating value by investing in fundamental growth sectors.
Hamad Salem Mohamed Al Ameri, Managing Director and CEO of Alpha Dhabi Holding, said, "We are.