Abu Dhabi’s International Holding Company (IHC) is preparing to offload a significant portion of its non-strategic minority investments, with plans to exit holdings worth between $20 billion and $25 billion over the next year and a half, its chief executive has confirmed.
CEO Syed Basar Shueb told sources that the group is already at an “advanced stage” on at least two upcoming divestments. One of these transactions is expected to be completed in early 2026.
“We have somewhere close to $20 to $25 billion of holdings in companies where we have a minority interest… which we will exit over the next 18 months I can say,” Shueb said.
“First we try to buy the control, if we cannot and it is strategic to someone else, then definitely we will exit.”
IHC, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser and brother of the President, controls more than 1,400 subsidiaries, according to company information.
The company has been reshaping its portfolio in recent months. In October, it consolidated three portfolio firms into the newly formed 2PointZero Group, which now holds assets worth around 120 billion dirhams ($32.67 billion). The group also completed a $1.1 billion sale of Multiply Group’s district cooling business, and recently divested its 42.54% stake in Modon Holding to L’imad Holding. Despite speculation, IHC has reaffirmed its support for its majority position in Aldar Properties.
IHC continues to report strong financial performance. Third-quarter revenue rose 35% year-on-year to 29.9 billion dirhams, while profit attributable to equity holders increased to 4.67 billion dirhams, up from 3.66 billion dirhams the previous year.
Shueb said the company is generating sufficient cash and can meet financing requirements through bank lending, adding that IHC does not anticipate accessing debt markets in the immediate future. He noted that the group could deploy between $30 billion and $35 billion over an 18-month period, using a mix of debt and equity for new investments.
Among potential ventures, IHC is in advanced talks regarding an energy project in Chad, focused on delivering solar, wind and battery solutions, an area aligned with the UAE’s growing interest in the region.
IHC’s market capitalisation has expanded sharply since 2020 and now stands at nearly $240 billion.
