Home Business Alpha Abu Dhabi acquires 25.24% of Al Qudra Holding

Alpha Abu Dhabi acquires 25.24% of Al Qudra Holding

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Alpha Abu Dhabi Holding announced today, Tuesday, that it has acquired 25.24% of Al Qudra Holding Company, a privately held joint stock company and one of the largest holding companies whose fields of work span various development sectors.

Since its foundation in 2005, Al Qudra Holding has managed to grow and develop in significantly by focusing on sustainable development in the region and investing in key growth sectors.

Eng. Hamad Salem Mohammed Al Ameri, CEO and Chief Executive Officer of Alpha Abu Dhabi Holding Company, said: “Based on the strategic direction of the board of Alpha Abu Dhabi, we are always working to study and evaluate our investment portfolio. in a continuous basis for improving our path of success and seizing promising investment opportunities “.

He stressed that this investment phase “is in the interest of our shareholders and reflects our expansion plan in many strategic sectors in via developing and promising with care and insight, since ‘Al Qudra’ is a leading company in successful strategic investments and various development projects that keep pace and meet the needs of the local and regional market “.

Al Ameri added: “Alpha Medical Holding has allocated an investment fund of 8 billion dirhams to enhance its portfolio through development, acquisition and investment. in companies that reflect its commitment to customers and shareholders, in various vital and strategic sectors inside and outside the UAE. such as real estate, hospitality, healthcare, petrochemical and other sectors. promising “.

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