International Holding Company to acquire Al Qudra Holdings for $2bn.

International Holding Company, an Abu Dhabi-based investment company, agreed to acquire Al Qudra Holdings, an Abu Dhabi-based Real Estate, Services, Hospitality, and Investments company, for $2bn. “Finding a business that has the potential to grow substantially can be challenging, this year, IHC has been further strengthening its successful investment approach, with some of the best-in-market companies. The acquisition comes in line with this year's disclosed IHC investment plan across several sectors, including the Real Estate area, which will create immediate growth and value to our shareholders. We are thrilled by the potential for being a majority shareholder of Al Qudra Holding and the team and the scale they bring to the table,” Syed Basar Shueb, IHC CEO and Managing Director.