International Holding Company, headquartered in Abu Dhabi, has established Rorix Holdings, a global entity dedicated to finance and trade facilitation, specializing in financial services, trade finance, advisory, commodities, and trade insurance. This strategic initiative is set to enhance inclusive economic growth by acting as a gateway for local, regional, and global enterprises to penetrate new markets through the UAE. By providing extensive services and innovative solutions, Rorix Holdings intends to boost trade volumes, draw in foreign investment, and cultivate economic alliances that will spur sustainable development across various industries.
TSyed Basar Shueb, CEO of IHC, emphasizes: “As the UAE broadens its market reach via its Comprehensive Economic Partnership Agreement (CEPA) strategy, Rorix Holdings will utilize advanced technologies and trade solutions to enable businesses of all scales to flourish in the global arena. Rorix Holdings will also be instrumental in achieving the UAE’s goal of streamlining trade across borders and will act as a vital facilitator for traders, service providers, entrepreneurs, and SMEs looking to expand into new markets.”
The establishment of Rorix Holdings is timely, as companies globally seek robust support to cope with the intricacies of international trade flows. Rorix Holdings plans to forge strategic partnerships and alliances with various UAE and international entities in sectors such as trading, financial services, commodities, logistics, and distribution.