Alpha Dhabi Holding

UAE: Sheikh Tahnoun's Alpha Dhabi takes stake in local hotel group

Issue 1169 - 18 May 2023 | 1 minute read

Alpha Dhabi Holding – the Abu Dhabi Securities Exchange (ADX)-listed investment firm linked to national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan – said it had bought a 36.4% stake in National Corporation for Tourism and Hotels (NCTH) for AED730m ($199m), becoming the largest shareholder in the local hotel owner and operator.

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