Alpha Dhabi acquires 25.24% stake in Al Qudra Holding

Alpha Dhabi acquires 25.24% stake in Al Qudra Holding

Representational Image

Alpha Dhabi Holding (ADH), the UAE’s leading investment firm and a subsidiary of International Holding Company (IHC), has acquired a 25.24 percent stake in Al Qudra Holding, a private joint-stock company.

This is the second-biggest real estate investment by Alpha Dhabi Holding in two days. Earlier, Alpha Dhabi had raised its stake in Aldar Properties to a near 30 percent.

The continuous investments are part of a $2.2 billion investment plan Alpha Dhabi has drawn up, for expanding its portfolio in real estate, hospitality, and other mixed-use projects.

Al Qudra’s business strategy is a perfect fit for ADH, and this acquisition will add significant shareholder value as ADH continues to invest in carefully selected industries with long-term growth potential, and the company is active in unique investment opportunities and has facilitated the development of various projects that meet the needs of the local and regional markets.

Hamad Al AmeriMD & CEO – Alpha Dhabi Holding

“ADH has built a $2.2 billion investment fund to boost its portfolio by developing, acquiring and investing in companies that reflect our own commitment to both customers and shareholders. Investments like these offer huge potential for adding to our progress and growth in the construction, health care, hospitality, industry,