It allocated an investment fund of 8 billion dirhams to strengthen its portfolio

«Alpha Abu Dhabi Holding» acquires 25.24% of «Al Qudra Holding»

Alpha Abu Dhabi constantly evaluates its investment portfolio.

From the source

Alpha Abu Dhabi Holding Company announced yesterday that it has acquired 25.24% of Al Qudra Holding Company.

Al Qudra Holding, a private joint stock company, is one of the largest holding companies whose fields of operation cover various development sectors.

Since its establishment in 2005, the company has managed to grow and develop significantly, by focusing on sustainable development in the region, and investing in key growth sectors.

Engineer Hamad Salem Mohammed Al Ameri, CEO and Managing Director of Alpha Holding Company, said: "We are constantly studying and evaluating our investment portfolio to enhance our success and seize promising investment opportunities, based on the strategic directives of the Board of Directors of (Alpha Abu Dhabi)." .

He pointed out that this investment step is in the interest of the shareholders, and reflects the company's expansion plan in many developing and promising strategic sectors with care and insight, pointing out that "Al Qudra" is a leading company in successful strategic investments and various development projects, which keep pace and meet the needs of the local and regional markets.

Al Ameri added: “Alpha Medical Holding has allocated an investment fund of eight billion dirhams to enhance its portfolio through development, acquisition and investment in companies that reflect its commitment to customers and shareholders alike, in various vital and strategic sectors inside and outside the UAE, such as real estate, Hospitality, healthcare, petrochemicals, and other promising sectors.

In the future, "Alpha Abu Dhabi Holding" looks forward to strengthening its position as a contributor to the economy of the UAE, in line with the series of "50 projects" initiatives in the country, to maintain it as an ideal destination for skills, expertise and investments.

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