Al Qudra looks to continue expansion
Al Qudra Holding, a leading investment Company based in Abu Dhabi, presented a wide range of investment opportunities, which the company is offering at the Shuaa Capital Investor Conference today in Dubai. The event ends on Sunday.
The forum was attended by chairmen, CEOs and CFOs of 30 leading companies of the Gulf.
Al Qudra Holding discussed the various financial options that the company is undertaking and presented achievements the firm has made on economic, social and investment levels inside and outside the UAE.
“By building a co-operative platform based on trust and mutual respect, Al Qudra Holding was able to capitalise on the abundant opportunities offered by its target sectors locally, regionally and internationally.
This came by launching Al Qudra International as the overseas investment arm of the Al Qudra Holding Group of Companies, which enabled us to capitalise on the wealth of investment opportunities in the Gulf region, the Middle East, North Africa, Asia and Eastern Europe,” said Salah Salem bin Omeir Al Shamsi, Chairman of Al Qudra Holding.
“By expanding our investment horizon and the geographical scope of our operations, we have succeeded in doubling the size and scope of our portfolio and diversifying our sources of income.
The company’s milestones in various fields contributed towards building its image and earning it a prominent perch in the investment arena,” said Al Shamsi.
“Our results have surpassed our expectations, we have gone beyond our borders,” he added.
Al Qudra Holding is one of the leading private joint stock investment company based in the UAE.
Established in May 2005 with a capital of Dh550 million and increased subsequently to Dh600m, the company has focused on contributing to the development of the UAE and has effectively become one of the fastest growing companies in terms of performance, as well as market capitalisation.
Today the company has a large group of specialised subsidiaries, that operate under its umbrella in important sectors such as education, tourism, industry, healthcare, agricultural, energy, infrastructure development, sports management and entertainment.
In addition, Al Qudra Holding has put forward unique investment opportunities and facilitated the development of various projects that meet the local and regional market’s needs.
The company is considered a strategic partner for many leading regional companies looking to invest in the UAE, and Abu Dhabi in particular.
Al Qudra Holding is currently investing in the development of various projects in Morocco, Yemen, Algeria, and Senegal with future plans to invest in Egypt, and Syria and other international economies.
Al Qudra Holding has achieved a net operating profit of Dh703m for the financial year ending 2007; an equivalent to 117 per cent of its capital of Dh600m.
The investment company plans to go for an IPO in the near future, where it will offer 26 per cent of its shares to the public.
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