Tag Archives: International Holding Company

Business & Investments

IHC Announces First Tranche of AED 5 billion Share Buyback Program with AED 1.8 billion Initial Purchase

Syed Basar Shueb: “Launching the Share Buyback Program reaffirms our commitment to generating long-term value for our shareholders. With our robust cash flow and strong balance sheet, we are well positioned to implement this strategic initiative that reflects our confidence in IHC’s ongoing growth and market potential.”

  • First tranche of AED 1.8 billion, representing 36% of the total AED 5 billion program, to begin on November 18, 2024
  • The program reflects IHC’s commitment to shareholder value enhancement and confidence in future growth
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Business & Investments

Al Seer Marine Unveils New Dynamic Brand Identity to Underline Its Position as a Global Pioneer in Maritime Excellence

  • The refreshed brand identity mirrors the strategic direction of the company in developing a future-proof fleet and innovative products to boost operational efficiency and profitability.
  • The company’s AED 7.5 billion in assets fortify its status as a premier maritime excellence centre, endorsed by top financial and investment firms.

Abu Dhabi, September 2nd, 2024: Al Seer Marine (ADX: ASM), a frontrunner in various maritime sectors and a subsidiary of International Holding Company (ADX: IHC), has revealed a new brand identity that captures its vision to solidify its position as an undisputed leader in the maritime industry.

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Business & Investments

IHC Announces the Appointment of Dr. Thani bin Ahmed Al Zeyoudi as Chairman of Rorix Holdings

Abu Dhabi, UAE – 8 August 2024: International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, is proud to announce the appointment of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, as Executive Chairman of Rorix Holdings. This new leadership marks a significant milestone for Rorix Holdings, a global trading and trade facilitation company that was recently formed to revolutionize trade finance, consulting, commodities exchange, and trade insurance sectors.

Dr. Thani bin Ahmed Al Zeyoudi as Chairman of Rorix Holdings

Dr. Thani bin Ahmed Al Zeyoudi has been a driving force behind the UAE’s economic diversification and innovation strategies. His appointment as Chairman of Rorix Holdings underscores the company’s commitment to fostering inclusive economic development and leveraging the UAE’s strategic position to facilitate global market access for local, regional, and international businesses.

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Business & Investments

IHC Announces Formation of Rorix Holdings, a Global Trading and Trade Facilitation Conglomerate

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Abu Dhabi, UAE – 5th August 2024: International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade facilitation company focused on financial services, trade finance, advisory, commodities and trade insurance sectors. The strategic move will lead to more inclusive economic development by serving as an entry point through the UAE for local, regional and global businesses to access new markets.

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