IHC sets up holding company Judan Financial with $237bn assets

Abu Dhabi conglomerate International Holding Company (IHC) plans to launch a new international financial services holding company to manage more than AED870 billion ($237 billion) in assets.

IHC revenue rose 29 percent year on year to AED111 billion, while net profit in 2025 increased to AED35 billion, up 35 percent.

Judan Financial will consolidate the assets of IHC, Alpha Dhabi Holding, 2PointZero Group and Sirius International Holding in the financial services sector, IHC said in a statement to the Abu Dhabi Securities Exchange (ADX).

IHC holds a 58.11 percent stake in Alpha Dhabi Holding and a nearly 42 percent stake in 2PointZero Group, both listed on the ADX.

The new holding company is expected to have a valuation of around AED100 billion and oversee more than 20 operating financial services companies.

Judan Financial will be chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the country’s national security advisor and brother of UAE President Sheikh Mohammed bin Zayed Al Nahyan. He also chairs Abu Dhabi Investment Authority and IHC.

Investment minister Mohamed Hassan Alsuwaidi will serve as the CEO of Judan.

Last month, L’imad Holding, the new sovereign fund, took control of the $263 billion Abu Dhabi Development Holding Group (ADQ), which is chaired by the emirate’s Crown Prince Sheik Khaled bin Mohamed bin Zayed Al Nahyan.

IHC’s total assets stood at AED429 billion as of December 31, 2025, up almost 7 percent compared with AED 402 billion at the end of 2024.

“Capital recycling remains central to our approach, enabling us to exit mature positions while concentrating investment behind businesses with strong growth momentum and long-term competitiveness,” said Syed Basar Shueb, CEO of IHC.

IHC’s shares closed flat at AED399.50 on Friday.

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