{"id":551411,"date":"2023-01-31T11:20:42","date_gmt":"2023-01-31T05:50:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551411"},"modified":"2023-01-31T13:11:47","modified_gmt":"2023-01-31T07:41:47","slug":"abu-dhabis-ihc-plans-to-invest-381-million-in-adani-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/abu-dhabis-ihc-plans-to-invest-381-million-in-adani-group\/","title":{"rendered":"Abu Dhabi&#8217;s IHC plans to invest $381 million in Adani Group"},"content":{"rendered":"<p>NEW DELHI: Abu Dhabi conglomerate International Holding Company (IHC) on Monday said it will invest 1.4 billion dirhams ($381.17 million) in Adani Enterprises&#8217; follow-on public offer, Reuters reported. <\/p>\n<p>&#8220;Our interest in Adani Group is driven by our confidence and belief in the fundamentals of Adani Enterprises Ltd; we see a strong potential for growth from a long-term perspective and added value to our shareholders,&#8221; <\/p>\n<p>IHC CEO Syed Basar Shueb said in a statement.IHC invested $2 billion in Adani Group companies last year, including Adani Enterprises. <\/p>\n<p>The Abu Dhabi conglomerate is chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the UAE&#8217;s national security adviser and a brother of the UAE&#8217;s president.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Abu Dhabi conglomerate International Holding Company (IHC) on Monday said it will invest 1.4 billion dirhams ($381.17 million) in Adani Enterprises&#8217; follow-on public offer, Reuters reported. &#8220;Our interest in Adani Group is driven by our confidence and belief in the fundamentals of Adani Enterprises Ltd; we see a strong potential for growth from a long-term perspective and added value to our shareholders,&#8221; IHC CEO Syed Basar Shueb said in a statement.IHC invested $2 billion in Adani Group companies last year, including Adani Enterprises. The Abu Dhabi conglomerate is chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the UAE&#8217;s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-551411","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551411"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551411\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}