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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. MarketScreener UAE Emirates

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. StockAnalysis

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. Reuters

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. IHC | International Holding Company

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. WAM

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.” IHC | International Holding Company

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.” WAM

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. marketscreener.com

Stock Market Today

  • Petrobras Pre-Salt Oil Dominance Fuels Strong Growth Outlook
    April 10, 2026, 3:56 AM EDT. Petrobras' dominance in Brazil's pre-salt oil fields is driving an 11% production increase in 2025 despite lower oil prices. Pre-salt assets, with breakeven costs below $40 per barrel, are resilient in volatile markets. These fields account for 82% of Petrobras' total output, supported by new FPSO capacity and well start-ups. The company plans to dedicate 60% of its exploration and production capital expenditure to pre-salt projects through 2029, targeting sustained production growth and strong cash flow. Competitors BP and Shell are also expanding pre-salt investments, with BP focusing on its Bumerangue discovery and Shell advancing projects like Mero 3, 4, and Gato do Mato. Petrobras shares surged nearly 75% in three months, outperforming the broader Oil/Energy sector's gain of 28.6%, underscoring investor confidence in the pre-salt strategy.

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