Mohamed Thani Murshed Al Rumaithi, Chairman of Alpha Dhabi Holding, said, “We have made the journey to become a public company in a way that’s going have a positive reflection on our growth plan, and as a public company we will have a stronger capital structure to invest in additional verticals, expand commercially and accelerate growth both organically and through acquisitions”.
Syed Basar Shueb, CEO and Managing Director of IHC, said: “We invested in Alpha Dhabi in early 2021 and we have used our sector experience to reorganise, integrate and transform Alpha Dhabi into a leading UAE holding company with special focus on construction and hospitality. The business is growing fast, highlighted by the 30% jump in first quarter revenue and gaining a listing on a major stock exchange will enhance its already strong platform and reputation. We are delighted to have supported its management team to deliver on its Abu Dhabi Stock Exchange IPO. Incorporated in 2013, Alpha Dhabi operates across 5 main verticals: industries, healthcare, investments with partners, construction and hospitality. The Company’s investment portfolio, local and international, includes 25 subsidiaries and 40,000 employees active in different fields, including, but not limited to: i. Energy, engineering consultancy, operation and maintenance services. Operation of commercial, service, real estate, contracting, mining and industrial investment. Dredging and marine construction. Forest management, landscaping, animal feed and tourism. Onsite and Digital healthcare management, occupational health solutions and health assessment.