12.7% increase in the share price of International Holdings in the Abu Dhabi Financial Market
The shares of International Holding, listed on the Abu Dhabi Financial Market, rose by 12.67 percent to 116.9 dirhams, coinciding with the passage of one day from the listing of its subsidiary Alpha Abu Dhabi shares.
It has risen by 175% since the beginning of 2021, after it jumped from the level of 42 dirhams on January 3, 2021, to reach 116.9 dirhams in today's session, which is its highest historical price.
Trading in the shares of Alpha Abu Dhabi Holding Company began on the Abu Dhabi Financial Market, yesterday morning. The company's capital is 10 billion dirhams, and it operates in 5 sectors and has 25 subsidiaries.
It is noteworthy that Alpha Abu Dhabi bought a 12% stake in Aldar Properties last March.
It is noteworthy that "Alpha Abu Dhabi", whose business is concentrated in the real estate and construction sector, acquired last month a 12% stake in Aldar Properties, through one of its subsidiaries, Sublime Commercial Investments.
The International Holding Company announced last April that it had completed the purchase of a 45% stake in Alpha Abu Dhabi Holding Company;
After this deal, Global Holding became the second largest listed company in terms of market value on the Abu Dhabi market, after Etisalat.
It is noteworthy that Alpha Abu Dhabi bought a 12 percent stake in Aldar Properties last March.
It is noteworthy that "Alpha Abu Dhabi", whose business is concentrated in the real estate and construction sector, acquired last month a 12% stake in Aldar Properties, through one of its subsidiaries, Sublime Commercial Investments.
The International Holding Company announced last April that it had completed the purchase of a 45% stake in Alpha Abu Dhabi Holding Company;
After this deal, Global Holding became the second largest listed company in terms of market value on the Abu Dhabi market, after Etisalat.
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