International Holding Company (IHC) reported an almost two-fold jump in its first-quarter net income, its best result in more than seven years, and is doubling down on global investments despite the Iran war-driven uncertainty.
Profit for three months to the end of March climbed to Dh8.1 billion ($2.21 billion) from Dh4.1 billion a year earlier, the company said on Wednesday in a statement to Abu Dhabi Securities Exchange, where its shares are traded.
Net profitable attributable to owners of the company also recorded more than three fold jump…
