Emirates Stallions Group acquires majority stake in United International Group

ESG stake acquisition in UIG
Rep.Image | Courtesy: ESG
By Arya M Nair, Official Reporter
  • Follow author on

Emirates Stallions Group (ESG), the global investment, engineering and construction services business and a subsidiary of International Holding Company(IHC), a UAE leading conglomerate across several sectors worldwide, has acquired majority stake in United International Group (UIG), the leading provider of qualified labor and comprehensive manpower solutions in the UAE.

The acquisition of stakes in UIG is conducted through ESG’s subsidiary, the new arm launched in ESG in HR and Logistics, the “Centuary Human Resource & Logistics”.

The acquisition is anticipated to enhance Group’s manpower portfolio, positioning Emirates Stallions Group as one of the leading manpower solutions companies. The strategic plan aims to deploy over 30,000 skilled professionals by the end of 2024, serving various sectors.

“By this acquisition, Emirates Stallions Group is poised to seize a prominent role in the swiftly expanding manpower market in the region. The manpower market has witnessed positive growth over the past three years. We are keen on capitalizing on this trend and exploring opportunities to expand our manpower services in some GCC countries.”

United International Group (UIG) is a leading provider of qualified labor and comprehensive manpower solutions over the past decade, the company reputation has reached prestigious levels in the industry. UIG has a proven track record of delivering tangible, precise and valuable results to our customers.

Top Picks | SABIC, PepsiCo & AstroLabs launch Mega Green Accelerator at COP28

YOU MAY LIKE