THE MIDDLE EAST’S
21. Alpha Dhabi Holding (ADH)
Country: U.A.E.
Sector: Investments
Managing Director & Group CEO: Hamad Al Ameri
Market Value: $24.3 billion
Alpha Dhabi Holding, a subsidiary of IHC, manages a portfolio of more than 250 companies, with total assets of $58.4 billion, and revenues of $21.5 billion in 2025. In November 2025, ADH acquired additional 9.77% stake in NMDC Group for $435.7 million, raising its stake to 76.68%. In December 2025, ADH and Mubadala joint venture acquired European Direct Lending Portfolio managed by Apollo, increasing its AUM to approximately $1.6 billion.