UAE’s leading investment firm and a subsidiary of International Holding Company (IHC), Alpha Dhabi Holding (ADH) has revealed plans to expand its business after posting a record profit in 2021.
“The company intends to expand its business in core industries including construction, real estate, health care, hospitality, and petrochemicals,” Alpha Dhabi Holding said in a statement to the Abu Dhabi Securities Exchange (ADX), where its shares are traded.
Alpha Dhabi said that the combination of financial strength, significant capital available to deploy, and an agile and active investment team will underpin and drive the company’s growth agenda over the coming years.
Hamad Al Ameri MD & CEO Alpha Dhabi Holding
“Alpha Dhabi’s record profit performance continues to show the resilience and strength of our platform. Our growth plans are underpinned by a solid pipeline of investment opportunities across our core sectors and a measured approach, which leave us strongly positioned to deploy capital effectively in the pursuit of building scale and enhancing diversification across our growing portfolio. The scale of our portfolio, the breadth of our proprietary investment network, and the strength of our execution capabilities in realizing synergies across our operating subsidiaries will continue to drive the company forward as we execute on our growth ambitions and deliver superior and significant value to our shareholders.”
Alpha Dhabi will create additional value by building scale, realizing synergies, and developing the operations of its existing entities to deliver greater efficiencies. “In tandem, Alpha Dhabi will continue to invest in businesses that have a solid track record, foster innovation, are disruptive in nature and complement Alpha Dhabi’s existing portfolio companies,” as per the statement.
The company further added that it will continue to look at businesses and investments that have established operations, generate income, and are value-accretive to Alpha Dhabi’s portfolio such as the acquisition of a significant stake in Aldar Properties.
Last year, Alpha Dhabi revealed its plans to invest nearly $2.18 billion in real estate, hospitality, healthcare, petrochemicals, and other promising sectors inside and outside the country.
