Abu Dhabi's International Holding Forms New Financial Services Entity

International Holding is establishing a new financial-services holding company to manage approximately 870 billion dirhams ($237 billion) in assets. Bloomberg posted on X, this development marks the latest consolidation effort by Abu Dhabi's largest publicly traded company. The move is part of a broader strategy to streamline operations and enhance efficiency within the firm. The newly formed entity will oversee a diverse range of financial assets, aiming to optimize management and drive growth. This strategic initiative reflects the company's commitment to strengthening its position in the financial sector and expanding its influence in the global market.