Overview
- International Holding Company issued a November 6 statement confirming it has no plans to divest its shareholding in Aldar Properties.
- The company identified Aldar as a core, long-term investment and reiterated confidence in Abu Dhabi’s real estate sector.
- IHC said its wider portfolio optimisation and divestment programme continues, with Aldar explicitly excluded.
- Chief executive Syed Basar Shuaib reaffirmed support for Aldar’s role in shaping Abu Dhabi’s property market and advancing the UAE’s sustainable development goals.
- Coverage noted Aldar’s Dh6 billion net profit for the first nine months of 2025, about 30% higher year on year, with shares closing slightly higher as IHC edged lower on the Abu Dhabi Securities Exchange.