The International Holding Company, listed on the Abu Dhabi Stock Exchange, announced that its subsidiary IHC Industrial has acquired a 60% stake in the capital of Afkar for Commercial and Real Estate Investments. .
The financial value of this transaction has not been disclosed.
Afkar Company is active in the sale of home and office furniture, curtains, furnishings and interior decoration items.
At the end of last year, the International Holding Company bought 10.9 million shares of the National Marine Dredging Company, listed on the same market.
and the global company indicated that it currently owns a share of 4.36% of the total issued shares of the National Marine Dredging Company.
Global Holding announced earlier that it will invest 187 million dirhams in Oxford Nanopore, a company that specializes in DNA sequencing technology.
