15. Alpha Dhabi Holding (ADH)

Country: U.A.E.
Sector: Investments
Managing Director and Group CEO: Hamad Al Ameri
Market Value: $38.6 billion
Sales: $12.4 billion
Profits: $3.6 billion
Assets: $38.2 billion

A subsidiary of IHC, ADH has more than 250 businesses across healthcare, renewable energy, petrochemical, real estate, construction, and hospitality. It employs over 95,000 people. In January 2024, ADNOC Drilling and ADH incorporated a strategic investment joint venture at the Abu Dhabi Global Market, which will pursue global investments in energy technology and bolster tech-enabled energy services. Alpha Dhabi has made its first investment, a 25% equity stake in U.S.-based Gordon Technologies worth approximately $180 million.