IHC stock price holds near 400 dirhams after Davos tie-ups — what to watch next on ADX
24 January 2026
1 min read

IHC stock price holds near 400 dirhams after Davos tie-ups — what to watch next on ADX

Abu Dhabi, Jan 25, 2026, 00:57 GST — The market has shut down for the day.

  • IHC ended at 399.60 dirhams, ticking up a mere 0.03% ahead of the weekend break
  • At the World Economic Forum in Davos, the Abu Dhabi group unveiled new partnerships
  • Focus shifts to follow-up details and the company’s upcoming results calendar

International Holding Company PJSC (IHC) ended the last Abu Dhabi session just over the 400-dirham mark, lifted by news of two new Davos partnerships. The stock closed at 399.60 dirhams on Friday, edging up 0.03%, with about 268,987 shares traded. 1

This matters because IHC stands as one of the exchange’s biggest by market cap. On Friday, its value hit about 873.8 billion dirhams — reflecting the full worth of its publicly traded shares. The stock frequently steers the flow dynamics linked to the index. 2

UAE stocks edged lower on Friday amid renewed geopolitical concerns, with Abu Dhabi’s main index finishing down 0.2%, Reuters reported. Shares in Sharjah Islamic Bank and Dana Gas fell, weighing on the index’s performance that day. 3

IHC said it will partner with the International Free Zone Authority AG (IFZA) on projects centered around “free zone” and “special economic zone” areas—territories offering distinct rules and incentives to attract businesses. CEO Syed Basar Shueb stressed, “We focus on partnerships grounded in shared ambition and practical execution.” No financial terms were disclosed. 4

IFZA chairman Martin G. Pedersen called the initiative a step toward building cross-border business platforms. “This partnership marks a defining moment in the design, construction, and sustainability of economic platforms across borders,” he said. 5

IHC announced a multi-year partnership with Global Citizen, pledging support for programming and increased engagement across the UAE and Middle East. Hugh Evans, Global Citizen’s CEO, stressed, “Ending extreme poverty requires sustained collaboration across sectors and borders.” 6

Global Citizen and its partners will co-host an event in Abu Dhabi this spring to unveil their plans and initial focus areas. Mariam Almheiri, vice chair and managing director of 2PointZero within the IHC Group, stressed, “Real progress comes from investing in people.” 7

Investors still lack solid footing until those partnerships turn into real projects backed by clear funding and set timelines. In a market where key players can pause for days, attention snaps to any new filings or breaking headlines.

March 1 marks the next significant date for the company, as MarketScreener reports IHC intends to publish its fourth-quarter earnings on that day. 8

Stock Market Today

GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

GigaDevice Semiconductor stock price: What to watch for 603986 A-shares as memory crunch bites

8 February 2026
GigaDevice Semiconductor’s Class A shares closed at 276.17 yuan in Shanghai, down 0.6% Friday. The company faces a Feb. 11 shareholder vote on related-party transaction limits and an overseas auditor. Investors are watching for fallout from the global memory-chip shortage, which has pushed prices higher across the supply chain. GigaDevice’s shares have nearly doubled over the past year.
Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

Astera Labs (ALAB) stock closes near $170 after 19% jump as earnings week looms

8 February 2026
Astera Labs shares jumped 18.9% to $169.85 Friday, trading as high as $170.01 on volume of 7.3 million. The move followed Amazon’s AI spending forecast and a nearly 6% gain in the PHLX Semiconductor Index. Astera reports fourth-quarter results Tuesday after market close, with revenue guidance at $245–$253 million.
Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

Sungrow Power Supply (300274.SZ) A-shares: Monday watch after “commercial space” denial

8 February 2026
Sungrow closed at 144.50 yuan, down 1.03%, after stating it has no plans in the commercial space sector. Mainland China trading resumes Monday, with Spring Festival closures set for Feb. 15–23. Major funds were net sellers of 5.46 billion yuan on Feb. 6. The Shenzhen-listed solar firm remains under scrutiny as investors await further filings before the holiday.
MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

MPWR stock price hits a new high after Monolithic Power’s outlook — what traders watch next week

8 February 2026
Monolithic Power Systems shares surged 6.4% to $1,229.82 Friday, hitting a new 52-week high after raising its dividend to $2.00 and forecasting first-quarter revenue of $770 million to $790 million. CEO Michael Hsing filed a Rule 144 notice for 3,082 shares. CFO Bernie Blegen will retire after the 2025 annual report, with Rob Dean named interim CFO. Fourth-quarter revenue rose 20.8% to $751.2 million.
Kweichow Moutai stock price: 600519 A-shares in focus after Year-of-Horse packaging fix
Previous Story

Kweichow Moutai stock price: 600519 A-shares in focus after Year-of-Horse packaging fix

Thermo Fisher (TMO) stock pulls back from a fresh high as Jan. 29 earnings loom
Next Story

Thermo Fisher (TMO) stock pulls back from a fresh high as Jan. 29 earnings loom

Go toTop