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.