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Abu Dhabi's IHC unveils new holding company 2PointZero with more than $27bn in assets thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
UAE's Chimera Capital Closes Second VC Fund at $10 Billion albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Alpha Dhabi Holding, formerly known as Trojan Holding, employs about 40,000 staff through 25 different subsidiaries. The company made a profit of Dh218 million on revenue of Dh3.8bn last year, according to a prospectus document filed to the exchange. Alpha Dhabi is jointly owned by International Holding Company s IHC Capital and Infinity Wave Holding, each of which hold a 45 per cent stake. The remaining 10 per cent is held by Chimera Investments. Its investments include a 65 per cent stake in National Marine Dredging Company, the offshore and marine construction company that recently completed a merger with ADQ-owned National Petroleum Construction Company and 100 per cent of contractor Trojan, one of Abu Dhabi s biggest construction groups. ....