Behind the Money

Best Of: Tracking the mysterious rise of a UAE company

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:<a href="https://on.ft.com/3NSbWTJ" rel="noopener noreferrer" target="_blank">The UAE business that went from obscurity to a $240bn valuation in 3 years</a><a href="https://on.ft.com/3XEPoJu" rel="noopener noreferrer" target="_blank">The sheikh’s empire driving Abu Dhabi’s meteoric stock market rise</a><a href="https://on.ft.com/3rcjBmX" rel="noopener noreferrer" target="_blank">The Abu Dhabi royal at the nexus of UAE business and national security</a> <a href="https://on.ft.com/44tP8zd" rel="noopener noreferrer" target="_blank">Groovy girls, typing pools and labour camps: the complicated world of IHC</a>- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Andrew England (<a href="https://twitter.com/cornishft" rel="noopener noreferrer" target="_blank">@cornishft</a>) and Michela Tindera (<a href="https://twitter.com/mtindera07" rel="noopener noreferrer" target="_blank">@mtindera07</a>) <a href="https://www.ft.com/content/8efe5c6c-64d3-41de-acce-95ea557fdb64" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.