BusinessLatest Business and Company Updates
IHC lifts Invictus stake to 40 per cent
Abu Dhabi-based International Holding Company has increased its ownership in Invictus Investment Company to about 40 per cent after acquiring an additional 17.5 per cent stake in a transaction valued at roughly Dhs420m, signalling a deeper strategic alignment between one of the region’s largest conglomerates and a global commodities trading
Orascom Construction Issues Strong Debut on Abu Dhabi Markets
Shares of Orascom Construction leapt sharply when the company began trading on the Abu Dhabi Securities Exchange, underscoring investor appetite for infrastructure-linked growth in the Gulf. The stock closed its first session up about 27 per cent at AED 38.10,
ADNIC consolidates its standing in UAE insurance market
Abu Dhabi National Insurance Company occupies a pivotal place in the UAE’s insurance sector, combining longevity with scale as it navigates a market shaped by regulatory tightening, rising claims costs and growing demand for specialised cover. Founded in 1972 and
Abu Dhabi licences surge as reforms deepen
Abu Dhabi recorded a sharp rise in new business licences during 2025, underscoring continued momentum in the emirate’s drive to broaden its non-oil economy and attract private investment.The Abu Dhabi Registration Authority, the regulatory arm of the Abu Dhabi Department
