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International Holding Company
The International Holding Company (IHC) is a holding company headquartered in Abu Dhabi, United Arab Emirates, which manages a diversified portfolio of domestic and foreign investments. The conglomerate is said to have close ties to the House of Nahyan, Abu Dhabi ruling dynasty. The chairman of the company is Sheikh Tahnoun bin Zayed Al Nahyan (national security advisor), Tahnoon bin Zayed al-Nahyan, who also serves as the country's National Security Advisor and manages two sovereign wealth funds. The company is listed on the Abu Dhabi Securities Exchange, Abu Dhabi stock exchange and had a market capitalization of 240 billion US-Dollar, US dollar in 2024. After the Royal Group transferred 40 companies worth US$4.7 billion to IHC, the company's share price grew by 42,000% between 2019 and 2024, making it the second most valuable company in the Gulf states (Middle East), Gulf States behind Saudi Aramco. This transformation coincides with Tahnoon bin Zayed al-Nahyan's time as Chairm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tahnoun Bin Zayed Al Nahyan (national Security Advisor)
Tahnoun bin Zayed Al Nahyan (born 4 December 1968) is an Emirati politician and the National Security Advisor of United Arab Emirates since 2016. At the same time he manages a business portfolio, which supports national security interests and the UAE's opaque corporate sector. He chairs G42 (company), G42 and MGX (company), MGX. He is part of the ruling family in Abu Dhabi, brother of UAE President Mohamed bin Zayed Al Nahyan. Tahnoun has been involved in numerous controversies, from violating EU sanctions against Syrian president Bashar al-Assad, spying on political opponents in Project Raven, deals to re-sell Russia's Sputnik vaccine to poor countries at substantial mark-ups, orchestrating the Qatar corruption scandal at the European Parliament, Qatargate bribery case, and a smear campaign against Qatar and the Muslim Brotherhood, as revealed 2023 in the Abu Dhabi Secrets. Following the succession of Mohamed bin Zayed Al Nahyan as the ruler of Abu Dhabi, Sheikh Tahnoun was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf States (Middle East)
The Arab states of the Persian Gulf, also known as the Gulf Arab states (), refers to a group of Arab states bordering the Persian Gulf. There are seven member states of the Arab League in the region: Bahrain, Kuwait, Iraq, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. Yemen is bound to the six countries of the Gulf Cooperation Council, based on history and culture. The term has been used in different contexts to refer to a number of Arab states in the Persian Gulf region. The prominent regional political union Gulf Cooperation Council includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. In modern history, various former British Empire protectorates, including the Trucial States were Arab states along the Persian Gulf. Politics Some of the Persian gulf states are constitutional monarchies with elected parliaments. Bahrain ('' Majlis al Watani'') and Kuwait ('' Majlis al Ummah'') have legislatures with members elected by the population. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Establishments In The United Arab Emirates
1998 was designated as the ''International Year of the Ocean''. Events January * January 6 – The ''Lunar Prospector'' spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently shadowed craters near the Moon's poles. * January 11 – Over 100 people are killed in the Sidi-Hamed massacre in Algeria. * January 12 – Nineteen European nations agree to forbid human cloning. * January 17 – The ''Drudge Report'' breaks the story about U.S. President Bill Clinton's alleged affair with Monica Lewinsky, which will lead to the House of Representatives' impeachment of him. February * February 3 – Cavalese cable car disaster: A United States military pilot causes the deaths of 20 people near Trento, Italy, when his low-flying EA-6B Prowler severs the cable of a cable-car. * February 4 – The 5.9 Afghanistan earthquake shakes the Takhar Province with a maximum Mercalli intensity of VII (''Very strong''). With up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ByteDance
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing, and incorporated in the Cayman Islands. Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok, Douyin. The company is also the developer of the news platform Toutiao, the video-editing app CapCut, and Lemon8 which is a video sharing mobile app. ByteDance has attracted regulatory and media attention in several countries over security, surveillance, and censorship concerns. History In 2009, software engineer and entrepreneur Zhang Yiming collaborated with his friend Liang Rubo to co-found 99fang.com, a real estate search engine. In early 2012, the pair rented an apartment in Zhongguancun and, along with several other 99fang employees, began developing an app that would use big data algorithms to classify news according to users' preferences, which would later become Toutiao. That March, Yiming and Liang founded By ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zambia
Zambia, officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa. It is typically referred to being in South-Central Africa or Southern Africa. It is bordered to the north by the Democratic Republic of the Congo, Tanzania to the north-east, Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana to the south, Namibia to the southwest, and Angola to the west. The capital city of Zambia is Lusaka, located in the south-central part of Zambia. The population is concentrated mainly around Lusaka in the south and the Copperbelt Province to the north, the core economic hubs of the country. Originally inhabited by Khoisan peoples, the region was affected by the Bantu expansion of the thirteenth century. Following European colonization of Africa, European colonisers in the 18th century, the British colonised the region into the British protectorates of Barotziland–North-Western Rho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copper
Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable, unalloyed metallic form. This means that copper is a native metal. This led to very early human use in several regions, from . Thousands of years later, it was the first metal to be smelted from sulfide ores, ; the first metal to be cast into a shape in a mold, ; and the first metal to be purposely alloyed with another metal, tin, to create bronze, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adani Enterprises
Adani Enterprises Limited (AEL) is an Indian multinational publicly listed holding company and a part of Adani Group. It is headquartered in Ahmedabad and primarily involved in mining and trading of coal and iron ore. Through its various subsidiaries, it also has business interests in airport operations, edible oils, road, rail and water infrastructure, data centers, and solar manufacturing, among others. History The company was incorporated in 1993 under the name Adani Exports Limited. It mainly deals with the group's integrated resources management, power trading, and natural resources businesses on a standalone basis. Its general purpose is to act as an in-house incubator for Adani Group's new businesses until they become self-sustainable. Subsidiaries Adani Enterprises is involved in edible oils foods, airport operations, solar PV manufacturing, road, water infrastructure, data centers, agri-output storage and distribution, defence and aerospace, bunkering, shippi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kalyon Enerji
Kalyon Group is a Turkish conglomerate, with major interests in construction. It was founded by Ömer Faruk Kalyoncu. In 2013, it was part of a joint venture which won the EUR 22 billion contract to construct a third international airport in Istanbul. Hurriyet, 3 May 2013Üçüncü havalimanı ihalesini Limak-Cengiz-Mapa-Kolin-Kalyon OGG kazandı/ref> Other contracts include Istanbul's Metrobus system, the construction of a new stadium for İstanbul Büyükşehir Belediyesi S.K.,''Yurt'', 5 March 2013İBB'nin stadyumu da yandaşa/ref> Karapınar solar power plant, and the redevelopment of Taksim Gezi Park to reconstruct the Taksim Military Barracks.BBC, 5 June 2013Turkey clashes: Why are Gezi Park and Taksim Square so important?/ref> The company was founded in 1974 by Hasan Kalyoncu and is now run by his sons. Kalyoncu was a close friend of the former President and Prime Minister Turgut Özal. Kalyon was described in 2013 by the BBC as "a company which has close ties with t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adani Group
Adani Group (, ) is an Indian Multinational corporation, multinational Conglomerate (company), conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group's businesses include port, sea and airport management, electricity generation and Electric power transmission, transmission, mining, natural gas, food processing, food, Military technology, weapons, and infrastructure. It is particularly active in metal commodity exchange. More than 60% of its revenue is derived from coal-related businesses. Noted for its close association with the ruling Bharatiya Janata Party, Adani was the largest Indian conglomerate as of 2022 with a US$206 billion market capitalization, surpassing Tata Group. It lost more than $104 billion in value after #Stock manipulation and accounting fraud allegations, fraud and market manipulation allegations by short-seller firm Hindenburg Research. In May 2024, the Adani Group's market capitalization retur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Aramco
Saudi Aramco ( ') or Aramco (formerly Arabian-American Oil Company), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. , it is the fourth- largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than , and largest daily oil production of all oil-producing companies. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US-Dollar
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of (0.7734375 troy ounces) fine silver or, from 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investments
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also include currency gain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
