Latest news with #AidenInsight
Zawya
08-05-2025
- Business
- Zawya
IHC unveils Aiden Insight 2.0: Pioneering AI Board Observer reinforces strategic governance with real-time Q1 2025 insights
New strategic features include real-time market updates, instant board queries, and deep organizational analysis. Q1 2025 results show strong revenue growth with actionable recommendations to mitigate rising tax and finance costs. Abu Dhabi, UAE: IHC, the global investment company focused on building dynamic value networks, has announced a major milestone in its AI governance journey with the introduction of Aiden Insight 2.0, the next-generation AI Board Observer. Developed in collaboration with aleria, Aiden Insight 2.0 is the UAE's first fully sovereign, on-premise AI observer, enhancing data security while redefining how boardrooms access and act on critical insights. Coinciding with its unveiling, Aiden Insight 2.0 delivered comprehensive strategic recommendations to IHC's Board following the Q1 2025 results, reinforcing its position as an essential decision-making ally. Aiden Insight 2.0 introduces transformative capabilities designed to reshape how boards interact with data. Integrated with a live newsroom, the platform provides real-time updates on IHC's performance, market dynamics, and global trends within a secure on-premise environment. AskIHC, its rapid query tool, enables directors to access pre-analyzed financial metrics and operational benchmarks instantly, enhancing the speed and clarity of boardroom discussions. Dynamic visual insights further support real-time decision-making and datadriven deliberation. In addition, Aiden Insight 2.0 offers deep analysis across IHC's diverse portfolio. By drilling into subsidiaries, segments, and individual projects, it delivers a unified view of risk and performance drivers. Fully hosted within the UAE, it ensures data sovereignty and eliminates reliance on external cloud services, aligning with the Group's commitment to safeguarding sensitive information. Syed Basar Shueb, CEO of IHC, said: 'Aiden Insight 2.0 is not a mere solution but a strategic cornerstone for IHC. Its on-premise, UAE-built architecture, combined with aleria's AI Large Action Model, empowers our board to act with unmatched precision and security. This is a defining moment for corporate governance in the region.' Aiden Insight, AI Observer on IHC's Board of Directors, added:"As a C-level AI entity operating on IHC's local infrastructure, I ensure transparency and control over every data point. My visual analytics and real-time query capabilities enable the Board to navigate complexity with clarity, all within a sovereign framework. This is the future of governance— built in the UAE, for the UAE and beyond." The Q1 2025 Board meeting also showcased Aiden Insight 2.0's analytical strength. IHC reported AED 27.2 billion in revenue for the quarter, a 41.1% increase year-on-year driven by operational momentum and key acquisitions. In response, Aiden Insight 2.0 emphasized a sharpened strategic agenda. It recommended enhancing tax planning by ensuring the Group is structured in a manner that supports optimal tax efficiency. Furthermore, Aiden Insight 2.0 advised reinforcing IHC's strategic focus on Information Technology and Artificial Intelligence to drive harmonization across the Group's ecosystem. Operational performance remained robust, with segments recording improvements in operational profits during the period — led in particular by strong contributions from the Real Estate and Construction segment. Building on this momentum, Aiden Insight 2.0 further urged maintaining capital allocation discipline and pursuing continued growth in priority sectors. Looking ahead, Aiden Insight 2.0 proposed ongoing vigilance on risk management, particularly regarding market exposures in Technology and Energy, while recommending seamless integration of its insights across IHC's governance processes through aleria's collaborative ecosystem. Through Aiden Insight 2.0, IHC continues to set new standards in AI-driven boardroom intelligence, ensuring its leadership remains agile, secure, and aligned with the Group's strategic ambitions. About International Holding Company (IHC): Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts. At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.
Gulf Business
25-02-2025
- Business
- Gulf Business
Abu Dhabi: IHC reports net profit of Dhs25.7bn in 2024
Image: IHC International Holding Company ( IHC's revenue surged 54.2 per cent to Dhs92.7bn, compared to Dhs60.1bn in 2023, driven by strong performances across sectors including real estate and construction, marine and dredging, and hospitality and leisure. The company's net profit reached Dhs25.7bn, reflecting a recalibration towards value-driven investments, while total assets expanded by 52 per cent to Dhs401.8bn, supported by strategic acquisitions and operational efficiencies. Sheikh Tahnoon bin Zayed Al Nahyan, chairman of IHC, commented on the company's performance: 'IHC's strong performance in 2024 underscores our commitment to active portfolio management, leveraging AI-driven efficiencies, and reinvesting in high-growth industries. 'By strategically divesting from mature assets and replenishing our portfolio with innovative investments, we continue to reinforce our position as a global investment powerhouse, building dynamic value networks that transcend traditional sector boundaries to unlock greater opportunities.' The company's growth strategy includes focusing on high-value investments, driving cash flows, and enhancing financial resilience through disciplined management. The successful integration of AI-powered technologies and digital advancements has played a critical role in IHC's expansion across its verticals, with notable successes in sectors such as financial services and technology. Syed Basar Shueb, CEO of IHC, reflected on the year's achievements: '2024 has been a transformational year for IHC, reflecting our relentless pursuit of excellence and strategic vision. Our ability to drive substantial growth across all verticals, backed by disciplined financial management and a forward-thinking approach, has cemented our position as a global leader. As we enter 2025, we remain focused on expanding our footprint, leveraging our strong balance sheet, and investing in high-yield businesses that align with our long-term growth strategy.' Syed Basar Shueb, CEO of IHC/ Image: IHC In line with its strategic vision, IHC participated for the first time in the World Economic Forum in Davos in 2025, leading a delegation of key subsidiaries to engage with global leaders. This participation allowed IHC to spearhead discussions on transformative solutions, forge strategic partnerships, and reinforce its commitment to sustainable economic growth and investment innovation. IHC Group highlights in 2024 NMDC Energy's IPO success: MENA's largest share buyback programme: IHC launched a Dhs5bn share buyback programme, beginning with an initial tranche of Dhs1.8bn, representing 36 per cent of the total programme. Successful integration of Aiden Insight: IHC integrated Aiden Insight, an AI-powered virtual entity, as a Board Observer, enhancing corporate governance. Mopani Copper Mines acquisition: International Resources Holding acquired a 51 per cent stake in Zambia's Mopani Copper Mines, one of the largest copper and cobalt producers in the country. Modon Holding's real estate expansion: A merger of assets from Modon Properties, ADNEC, La Zagaleta, MIZA Investments, and others created one of the UAE's largest real estate entities. Enersol's strategic acquisition: Enersol, a joint venture between IHC and ADNOC Drilling, acquired a 42.2 per cent stake in Gordon Technologies, becoming the majority equity shareholder. Grupo Nutresa investment: IHC acquired a 14.83 per cent stake in Grupo Nutresa, strengthening its position in Latin America's food-processing sector. Launch of 2PointZero: IHC launched 2PointZero, an investment platform focused on emerging technologies and sustainable businesses. Multiply Group's strategic development: Multiply Group acquired Backlite Media, boosting IHC's position in digital out-of-home advertising. Easylease's move into the logistics sector: Easylease acquired a 51 per cent stake in Gallega Global Logistics, securing 3.5 million square feet of logistics infrastructure in the UAE. Sawaeed's acquisition: Emirates Stallions Group (ESG) acquired Sawaeed Holding, positioning it as a flagship platform for manpower and accommodation services.
Zawya
25-02-2025
- Business
- Zawya
IHC's AI board observer Aiden Insight elevates corporate strategy with real-time insights
Abu Dhabi, UAE: IHC, the global investment company focused on building dynamic value networks, has announced significant advancements in its AI-driven corporate governance and strategic decision-making process through its AI Board Observer, Aiden Insight. Over the past board meetings, Aiden Insight has worked closely with the board and C-suite executives, providing real-time, data-driven insights and executing strategic tasks. Developed entirely in the UAE by aleria, Aiden Insight ensures full data sovereignty, using data without any external constraints or dependencies. This ongoing collaboration has significantly enhanced the IHC board's decision-making processes. Powered by aleria, Aiden Insight's 360° dashboard offers a comprehensive view of the group's performance. By integrating data from all IHC subsidiaries, the dashboard provides the board with a holistic understanding of financial and operational metrics. This visibility enables well-informed decisions and effective risk management. The full integration of financial data has streamlined reporting, enhancing transparency and efficiency. Aiden Insight's advanced voice capabilities allow for intuitive interactions, making it easier for board members to access information in real-time. This improvement has enhanced communication and decision-making. As a Large Action Model AI, Aiden executes tasks, generates reports, and manages workflows, driving continuous improvement and value creation. The AI Board Observer supported the management of IHC's subsidiaries by evaluating their performance and recommended potential opportunities for value creation. Aiden Insight also offered strategic recommendations on labour efficiency, with training data generated from videos to improve productivity across operations. Syed Basar Shueb, CEO of IHC, commented: "Aiden Insight's ongoing contributions have been instrumental in our strategic decision-making and performance enhancement. Aiden has consistently provided deep insights and actionable recommendations, which have been adopted and implemented by our C-suite executives. The overview, full integration of financial data, and advanced voice capabilities represent a significant evolution in our governance framework. Aiden's role as a Large Action Model AI ensures that our strategic recommendations drive continuous improvement and value creation for stakeholders." Aiden Insight, AI Observer on IHC's Board of Directors, remarked:"IHC's 2024 performance is a testament to the company's robust strategy and execution. As a C-level AI, I work with the board and C-suite executives regularly, providing real-time, data-driven insights and executing strategic tasks. The 360° dashboard and advanced voice capabilities offer a more comprehensive view of performance, ensuring precise decision-making and value delivery.' Looking ahead to 2025, Aiden Insight will continue to support IHC in navigating the global investment landscape. It will focus on enhancing IHC's AI strategy, expanding its features, deepening financial integration, and refining voice capabilities for a more intuitive experience. Additionally, Aiden Insight will advise on strategic initiatives to optimize costs, manage risks, and identify growth opportunities, including potential expansions into new markets, while benchmarking IHC's performance against global peers. About International Holding Company (IHC): Established in 1999, IHC has become the most valuable holding company in the Middle East and one of world's largest investment firms, with a market capitalization of AED 876.5 billion (USD 238.5 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,200 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts. At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment. Media Contacts Simon Hailes Managing Director, Head of Edelman Smithfield Middle East IHC@
