6. International Holding Company (IHC)

Established: 1998

Headquarters: U.A.E.

CEO and Managing Director: Syed Basar Shueb


IHC aims to develop non-oil sectors in the U.A.E. It invests in agriculture, capital, energy, F&B, healthcare, and other industries. In April 2022, IHC announced a $2 billion investment agreement with Indian multinational Adani Group’s green portfolio. In September 2022, IHC’s subsidiary “Rebound” launched Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastic. IHC’s subsidiary IHC Utilities has been working on R&D in Battery Energy Storage Systems (BESS).

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