Abu Dhabi-based conglomerate International Holding Company has entered into a landmark agreement with the US International Development Finance Corporation (DFC), the American government’s international investment arm, to jointly pursue investments in sectors and markets of mutual strategic interest.
The partnership aims to deploy significant capital at scale, leveraging the strengths of both entities to foster economic growth and innovation.
A Strategic Alignment of Capital and Conviction
The collaboration marks a significant move to strengthen economic ties between the United Arab Emirates and the United States. A senior-level joint committee will be established to identify opportunities and ensure the rapid execution of transactions.
“This strategic framework with DFC represents a powerful alignment of capital, capability and conviction,” said Syed Basar Shueb, CEO of IHC, in a statement.
Ben Black, Chief Executive of the DFC, described the collaboration as a “crucial step” in advancing the Trump administration’s strategic goals. “Both nations will be positioned to deliver high‑return projects and promote world‑class investment standards,” he commented.
Targeting High-Growth Global Corridors
The partnership will prioritize co-investments in several key high-growth sectors, including critical minerals, energy, logistics, healthcare, technology, and agriculture.
The strategic focus will be on emerging and frontier markets, particularly those that serve as anchors for “global trade and connectivity corridors.” Success will be measured by the tangible economic benefits for both partners, such as enhanced domestic employment and increased innovation.
Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s National Security Adviser and Chairman of IHC, commented on the agreement after a meeting with Black. “We exchanged views on opportunities for cooperation across vital sectors, highlighting the strength of economic ties between the United Arab Emirates and the United States, and exploring pathways that support sustainable growth, resilient supply chains and greater global connectivity,” he posted on X.
About International Holding Company (IHC)
International Holding Company (IHC) was founded in 1998 as part of an initiative to diversify and grow non-oil business sectors in the UAE. Adhering to Abu Dhabi’s ‘Tomorrow 21’ vision, the ADX-listed company is committed to implementing sustainability, innovation, and economic diversification across its operations, which have grown to make it one of the region’s largest conglomerates.
Source: AGBI
