Alpha Dhabi eyes business expansion after posting record 2021 profits

  • Date: 15-Mar-2022
  • Source: GCC Business News
  • Sector:Economy
  • Country:Gulf
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Alpha Dhabi eyes business expansion after posting record 2021 profits

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