Abu Dhabi’s International Holding Company has raised its stake in Invictus Investment Company to about 40 per cent after spending Dh420 million ($114.4 million) to acquire 196 million shares as part of plans to expand into commodities and supply-chain logistics.
Invictus, which is listed in the UAE capital, has investments in agri-commodities and logistics. Its main hub is in the Emirates and it has offices in Africa, China and the US. In the first half of 2025, it reported a 164 per cent year-on-year jump in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to Dh189.7 million, while revenue climbed 43 per cent to Dh6.1 billion, its strongest
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