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.
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.
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.
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.
