QIC - General Investments

What QIC - General Investments does

QIC - General Investments (Umm Al-Quwain General Investments Company P.S.C) is a public joint stock investment company headquartered in Umm Al Qawain, United Arab Emirates, founded in 1982 and listed on the Abu Dhabi Securities Exchange (ticker: QIC) with a cross-listing on Kuwait Clearing. The company was originally incorporated as a cement manufacturer and pivoted in March 2016 to a securities investment mandate with a stated focus on UAE and GCC markets and intent to diversify into high-growth sectors.

The company's core operations center on securities investment in UAE and GCC markets, with a product portfolio spanning cement, utilities, real estate, and general investment activities. Operations are supported by 51-100 employees and a senior management team including the CEO, CFO, and board chair. The company maintains a banking partnership with First Abu Dhabi Bank established in November 2024. Governance is exercised through regular board meetings, annual general meetings, and a corporate governance framework approved in 2017.

QIC is controlled by a concentrated shareholder base: the top six shareholders hold 60.21% of equity, with the Salem Abdullah Salem Al Hosani family controlling approximately 45%. The company operates as a public listed entity, distributing dividends to shareholders and fulfilling ongoing regulatory disclosure obligations under UAE Securities and Commodities Authority supervision. The current revenue scale and AUM are not credibly disclosed in available data, and the company has not signaled expansion into new product lines, geographies, or technology capabilities since the 2016 pivot.

Name

QIC - General Investments

Legal name

Umm Al-Quwain General Investments Company (Public Joint Stock Company)

Website

https://qic-uaq.ae

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

51–100 employees

Short description

QIC - General Investments is a UAE public joint stock company listed on the Abu Dhabi Securities Exchange, founded in 1982 as a cement manufacturer and pivoted in 2016 to securities investment in UAE and GCC markets. It serves its shareholders through portfolio investments and dividend distributions, with 51-100 employees based in Umm Al Qawain.

Ownership category

akta.pro rank

Headquarters

HQ city

Umm Al Qawain

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Securities Investment Returns: The company generates returns through investments in securities within the UAE and GCC countries. The company aims to expand its investment portfolio beyond traditional securities into high-growth sectors for risk mitigation through diversification.

Distribution channels1 record

Marketing channels1 record

Core offering

QIC is a public joint stock investment holding company that invests in securities within the UAE and the Gulf Cooperation Council (GCC) countries. Its core activity is managing a diversified investment portfolio with the stated goal of mitigating risk through diversification into high-growth sectors, aligned with UAE economic diversification objectives. The company does not sell discrete products to end customers; it operates as a single unified investment holding entity whose shares trade on the Abu Dhabi Securities Exchange.

Product overview

QIC - General Investments (Umm Al Qawain General Investments Company P.S.C.) is a public shareholding investment company that operates as a single unified investment services entity. The company focuses on securities investment within the UAE and GCC countries, with plans to diversify into high-growth sectors beyond traditional securities. The core offering consists of Securities Investment Services for acquiring and managing securities, complemented by Investment Portfolio Management services that aim to mitigate risks through strategic diversification. There are no distinct product modules, sub-brands, or add-on offerings—the company functions as a traditional investment holding entity.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Investment Services Investment services focused on acquiring and managing securities within the UAE and the Gulf Cooperation Council (GCC) countries, with the stated goal of expanding beyond traditional securities into high-growth sectors.
• Investment Portfolio Management Management of a diversified investment portfolio across UAE and GCC securities, targeting risk mitigation through diversification into high-growth sectors aligned with UAE economic diversification goals.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Regional players

• KIPCO Group: Kuwait-listed diversified holding company with interests across financial services, media, real estate, and industrials across MENA. Comparable as a publicly listed GCC investment holding structure pursuing diversified sector exposure, though materially larger and broader than QIC.

Direct peers

• National Holding Company: Abu Dhabi-listed investment holding entity with diversified stakes in financial services and other sectors. Comparable to QIC as a UAE-listed, small-cap, family-affiliated investment holding company.
• Emirates Investment Bank: UAE-based investment bank providing corporate finance, asset management, and proprietary investments. Comparable as a UAE-headquartered investment entity, though it operates as a regulated bank rather than a pure holding company.
• Shuaa Capital: DFM-listed regional investment firm providing asset management, investment banking, and principal investments across MENA. Comparable as a publicly listed GCC investment platform, though larger and more diversified than QIC in service offerings.
• Al Mal Capital: UAE-based investment firm offering asset management, brokerage, and corporate finance services. Comparable as a UAE-domiciled investment platform, though privately held rather than listed like QIC.
• Waha Capital: Abu Dhabi-listed public investment holding company managing a diversified portfolio of direct investments and third-party funds across MENA. Closely comparable to QIC as a UAE-listed, small-cap, public-sector investment holding entity focused on regional securities and strategic stakes.
• Abu Dhabi National Investments Company (ADNIC): ADX-listed Abu Dhabi investment holding company with a diversified portfolio of strategic investments. Comparable to QIC as a UAE-listed investment entity, though typically larger and with broader institutional backing.
• Eshraq Investments: ADX-listed investment holding company focused on financial services, real estate, and diversified investments in the UAE. Directly comparable in scale, listing venue, and investment holding mandate to QIC.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QIC - General Investments