Page 428 - MOE ENGLISH PR REPORT - AUGUST 2024

8/16/24, 11:34 AM Dr. Thani bin Ahmed Al Zeyoudi to be Chairman of Rorix Holdings IHC – Solondais
established global trade and trade facilitation company aimed at transforming sectors such as trade
finance, consulting, commodities exchange and trade insurance.

Dr Al Zeyoudi, who has played a key role in driving the UAE’s economic diversification and innovation

strategy, said: “Our mission is to accelerate trade growth, attract foreign investment and build
economic partnerships that will drive sustainable growth across sectors.

“Rorix Holdings will play a key role in shaping the future of international trade, strengthening the UAE’s
pivotal role in the global economy and supporting the country’s vision of comprehensive and inclusive

economic progress.”

Read: IHC’s new company, Rorix Holdings, will accelerate trade

Rorix Holdings to Benefit from New CEO

Leadership

Syed Basar Shueb, CEO of IHC, highlighted the importance of Dr. Al Zeyoudi’s leadership to the newly
established company.

He said: “Dr Thani’s leadership will be invaluable as the company embarks on a journey to enable
businesses of all sizes to succeed in the international marketplace.

“Through the UAE’s Comprehensive Economic Partnership Agreement (CEPA) strategy, Rorix

Holdings aims to leverage cutting-edge technology and comprehensive trade solutions to facilitate
seamless cross-border trade.”

The company’s initiatives are expected to significantly contribute to the UAE’s economic ambitions and

strengthen its role as a global trade hub.

In other news, IHC recently released its first-half results, which showed revenues rising to Dh41.7

billion, up 46% compared to the first half of 2023.

Revenues were primarily driven by continued growth in the Real Estate & Construction, Marine &
Dredging, Hospitality & Leisure, and Technology segments, reflecting the scale of IHC’s expanding

asset portfolio and the effectiveness of its operating strategies.

https://solondais.fr/2024/08/08/news274517/dr-thani-bin-ahmed-al-zeyoudi-to-be-chairman-of-rorix-holdings-ihc/ 2/2