IHC Launches Rorix Holdings to Bolster Global Trade and Finance

Abu Dhabi (UAE), August 5 (ANI/WAM): International Holding Company (IHC), a globally diversified Abu Dhabi-based conglomerate, has announced the formation of Rorix Holdings. This new global finance and trade facilitation company aims to revolutionize financial services, trade finance, advisory, commodities, and trade insurance sectors.

Rorix Holdings will serve as a gateway for local, regional, and global businesses to access new markets through the UAE, reinforcing IHC’s commitment to the country’s economic diversification. By providing comprehensive services and cutting-edge solutions, Rorix Holdings plans to boost trade volumes, attract foreign investment, and promote sustainable growth across various sectors.

Syed Basar Shueb, CEO of IHC, stated, “As the UAE expands its market access through the Comprehensive Economic Partnership Agreement (CEPA) strategy, Rorix Holdings will use the latest technologies and trade solutions to empower businesses, from SMEs to large corporations, to thrive internationally. It will play a key role in facilitating seamless trade across borders, aligning with the UAE’s vision.” With businesses worldwide seeking comprehensive support to navigate international trade complexities, Rorix Holdings will engage in strategic partnerships with UAE and international stakeholders in trading, financial services, commodities, logistics, and distribution.

(With inputs from agencies.)