Alpha Dhabi completed the acquisition of a 73.73% stake in National Corporation for Tourism and Hotels from ADHH and Murban Energy.

Alpha Dhabi, a publicly listed investment holding company, completed the acquisition of a 73.73% stake in National Corporation for Tourism and Hotels, a company investing in hotels. Financial terms were not disclosed. "This transaction underscores Alpha Dhabi Holding’s commitment to creating value in high-potential sectors, such as luxury tourism, through a strong presence in the UAE market as well as a growing footprint in the international ultra-luxury segment. The move aligns seamlessly with our long-term strategy to drive impactful and sustainable growth," Eng. Hamad Salem Al Ameri," Alpha Dhabi Holding Chief Executive Officer and Managing Director.