Behind the Money

Best Of: Tracking the mysterious rise of a UAE company


Listen Later

This week, we are revisiting an episode from earlier this year about an obscure firm from the United Arab Emirates: International Holding Company’s share price has jumped 40,000 per cent in just a few years. But little is known about the business, which has investments in everything from Elon Musk’s SpaceX to India’s Adani Group. The FT’s Middle East editor Andrew England travelled to Abu Dhabi to get answers about its rapid growth and its connections to some of the most powerful people in the Gulf. 


Clips from MSNBC, CBS

- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

The UAE business that went from obscurity to a $240bn valuation in 3 years

The sheikh’s empire driving Abu Dhabi’s meteoric stock market rise

The Abu Dhabi royal at the nexus of UAE business and national security 

Groovy girls, typing pools and labour camps: the complicated world of IHC

- - - - - - - - - - - - - - - - - - - - - - - - - - 

On Twitter, follow Andrew England (@cornishft) and Michela Tindera (@mtindera07)


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Behind the MoneyBy Financial Times

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

192 ratings


More shows like Behind the Money

View all
Economist Podcasts by The Economist

Economist Podcasts

4,287 Listeners

 by Financial Times

57 Listeners

World Business Report by BBC World Service

World Business Report

286 Listeners

Exchanges by Goldman Sachs

Exchanges

992 Listeners

Political Fix by Financial Times

Political Fix

150 Listeners

FT Tech Tonic by Financial Times

FT Tech Tonic

103 Listeners

Life and Art from FT Weekend by Financial Times

Life and Art from FT Weekend

199 Listeners

FT News Briefing by Financial Times

FT News Briefing

686 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,543 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,271 Listeners

The World in Brief from The Economist by The Economist

The World in Brief from The Economist

1,081 Listeners

The Rachman Review by Financial Times

The Rachman Review

138 Listeners

Working It by Financial Times

Working It

38 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

2 Listeners

The Markets by Goldman Sachs

The Markets

70 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

149 Listeners

Untold: Power for Sale by Financial Times

Untold: Power for Sale

133 Listeners

The Economics Show by Financial Times

The Economics Show

127 Listeners

Swamp Notes by Financial Times

Swamp Notes

18 Listeners