IHC Continues Dizzying Rally to Become UAE’s Most Valuable Firm
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A group led by the United Arab Emirates’s influential national security adviser became the Gulf nation’s most valuable firm after its shares surged 15% on Sunday.
International Holding Co. shares jumped by the daily limit after unit Alpha Dhabi Holding PJSC made its trading debut. The company’s market capitalization rose to 202 billion dirhams ($55 billion), making it more valuable than Emirates Telecommunications Group.