• This strategic step falls within the company's proactive portfolio management approach, ensuring that its investments in any sector do not exceed 20 %.
• The deal provides additional liquidity for reinvestment in high-potential growth sectors.
• This will contribute to reducing the company's investment share in the real estate and construction sector in order to strengthen the balance of its portfolio.

Abu Dhabi, UAE : International Holding Company (IHC), a leading global investment company specializing in building strategic partnerships to enhance value and drive growth, announced the sale of its entire 42.54% stake in Modon Holding, a leading real estate and infrastructure development platform, to Al Emad Holding PJSC, wholly owned by the Government of Abu Dhabi. This transaction is a strategic move within IHC’s proactive portfolio management program, which aims to maintain a balanced investment distribution across sectors and geographies and enhance liquidity levels .

The sale of the company's stake aligns with its cross-sector investment framework, which aims to ensure that its investments in any single sector do not exceed 20%. The company seeks to balance its investments in the real estate and construction sectors to redirect capital towards high-growth investment opportunities in healthcare, technology, energy, food and agriculture, financial services, and related sectors, in line with its strategy for diversification and sustainable growth.

Since International Holding Company (IHC) acquired its 42.54% stake in Modon Holding in August 2023, Modon has experienced rapid growth, solidifying its leading market position. During the 2024 financial year, the company recorded revenues and profits in billions of dirhams, and this momentum continued into the first half of 2025, with record sales in the real estate sector and a strong future revenue portfolio reflecting the resilience of the Modon platform and its promising growth prospects. Accordingly, IHC is executing the divestment at the right time to enhance liquidity and further its growth and diversification strategy.

Syed Basar Shuaib, CEO of International Holding Company, said: “This move reflects our disciplined approach to capital allocation and our commitment to maintaining a balanced and diversified investment portfolio. While we still see strong and attractive fundamentals in the real estate sector, our strategy is based on diversifying investments to ensure we avoid over-allocating investments to any one sector. With the capital generated from the exit from Modon Holding Company, we will enhance liquidity levels to accelerate investment in other high-potential growth sectors where we see promising opportunities to deliver sustainable and long-term value to our shareholders.”

Global Holding Company will continue to evaluate promising opportunities across various sectors, building on its strong track record of creating and expanding investment platforms that contribute to maintaining stable cash flows, fostering innovation, and delivering long-term value to all stakeholders .

About Global Holding Company

Founded in 1999 , International Holding Company (IHC) has built a prestigious reputation, becoming the most valuable holding company in the Middle East and one of the world's largest investment companies, with assets under management valued at AED 881.6 billion (US$239.9 billion). Since its inception, the company has undergone significant strategic transformations, representing a new generation of investors. IHC is firmly committed to sustainability, innovation, and supporting economic diversification through its extensive portfolio of over 1,300 subsidiaries, all of which contribute to development across vital sectors such as asset management, healthcare, real estate, financial services, and information technology, among others.

The global holding company’s approach focuses on the continuous search for opportunities through the integration of its asset portfolio, overcoming obstacles and moving away from traditional methods and approaches, enabling it to build a vital network of relationships and partnerships to enhance value, record better results and achieve broad-based growth across various sectors.

The International Holding Company is committed to fulfilling its responsibilities towards shareholders, customers and employees, and is keen to invest with a high sense of responsibility to ensure sustainable value is achieved through continuous engagement with the communities in which it operates, and to make a positive impact with every investment.

www.ihcuae.com

Media communication

Simon Hiles

General Manager and President of Edelman Smithfield in the Middle East region
IHC@edelmansmithfield.com
+971 50 973 1173

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