International Holding Company

The first company that plays an important role in the development of the UAE is the International Holding Company (IHC). IHC was founded in 1998 to support the UAE's efforts to diversify and grow its non-oil economic sectors. The company spans investments across eight sectors: real estate, agriculture, healthcare, food and beverage, utilities, industrial, IT and media, retail, entertainment, and capital.

International Holding Company invests in and develops the food and feed supply industry. It works through the following segments: district cooling, contracting and real estate, digital, industrial, food, capital, and others. In particular, the district cooling section consists of district cooling and air conditioning installation, district cooling maintenance, and investment in infrastructure projects. In terms of the contracting and real estate segment, it includes technical, commercial, and contracting services. At the same time, the digital division provides services related to investments in sports companies, institutions, management services, the sale of food and cafeteria products, and movie screenings.

The industry division deals with purchasing and maintaining military equipment spare components. Additionally, the food division focuses on the general food industry, preparing and packaging food products, and freezing fish and other shellfish. In contrast, the capital segment focuses on brokerage services for securities.

In 2021, the business purchased 41% of NRTC Holding Company and 60% of Afkar Financial and Property Investment Company. It also owned the Central Tents Company, Boudoir Interiors, and Apex National Investment Company through its subsidiaries. The business has 302 subsidiaries by the end of 2021.

Industry: Food and Drink
Founded: 1998
Headquarters: Abu Dhabi, United Arab Emirates

Website: https://www.ihcuae.com/