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Abu Dhabi’s International Holding Company (IHC) is currently reviewing 50 M&A options across multiple sectors and geographies as part of a wider push to double its assets to USD 218 bn (AED 800 bn) and hit AED 200 bn in annual revenues by 2030, CEO Syed Basar Shueb told The National.
The company is looking to ramp up its investments in the US by another USD 40-50 bn over the next ten years, with plans to bring its total investments in the US to USD 120 bn, Shueb said.
In India, the company plans to pour in up to USD 110 bn, with another USD 50 bn earmarked for countries in the Commonwealth and Far East regions. The focus across all these markets will be on high-impact sectors like data centres, renewable energy, nuclear power, and major infrastructure projects. The company is already in “advanced” talks to develop small modular nuclear reactors in partnership with other companies in the US, Shueb said.
The UAE currently accounts for the lion’s share of IHC’s assets — around 60% as of the end of 1Q 2025 — but Shueb expects its foreign assets to become more dominant in its portfolio, holding a 60-70% share.
The firm is also eyeing an IPO for its investment arm 2PointZero, with shares set to hit the ADX in early 2H 2025, Shueb said. The company was set up last year with an eye for a listing, and is expected to have an AED 100 bn asset base with a portfolio stacked with regional heavyweights including Lunate, International Resources Holding (IRH), and Egypt’s Beltone through Chimera Investments.
