International Holding Company
Top 100 Companies in the Middle East 2021

SR.No: 50

International Holding Company (IHC)

Sector: Investments

Date of Establishment: 1998
Country: U.A.E
CEO and Managing Director: Syed Basar Shueb

Sales: $1.9 billion

Profits: $821 million

Assets: $3.8 billion

Market Value: $45 billion

IHC’s market value increased from about $7.1 billion in 2019 to $45 billion in 2020, a growth of over 600%. The company has investments in diversified operating companies. Palms Sports and Cine Royal Cinema are among the company’s investments. CEO and Managing Director Syed Basar Shueb is also the founder of District Cooling, which was established in 2006.