International Holding Company (IHC) has taken a further 17 percent stake in Abu Dhabi-listed Invictus Investment Company for nearly AED420 million ($114 million).
The transaction has increased IHC’s shareholding in Invictus, an agro-food commodities trader, to 40 percent, IHC said in a statement to the Abu Dhabi Securities Exchange.
“This investment reinforces IHC’s commitment to supporting high-performing businesses that deliver resilience, innovation, and value across global markets,” IHC chief executive Syed Basar Shueb said.
The share purchase was executed through a block trade of 196 million shares from Invictus Holding Limited, a majority shareholder.
In November IHC said revenues surged 32 percent year on year to AED84.6 billion, while net profit rose 8 percent annually to AED19.5 billion in the first nine months of 2025.
IHC’s share price rose marginally to AED399.60 on Friday but is down nearly 1 percent since the start of the year.
In the first half of 2025, Invictus Investment said revenue rose 43 percent year on year to AED6.1 billion, while net profit was up 4 percent at AED 87.5 million.
Invictus shares ended 1.4 percent higher at AED2.16 on Friday but are down 2 percent year-to-date.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
