{"id":775167,"date":"2025-12-05T13:02:57","date_gmt":"2025-12-05T12:02:57","guid":{"rendered":"https:\/\/www.hashtag.al\/?p=775167"},"modified":"2025-12-05T13:02:57","modified_gmt":"2025-12-05T12:02:57","slug":"si-u-dominua-ekonomia-e-abu-dabit-nga-ihc","status":"publish","type":"post","link":"https:\/\/www.hashtag.al\/index.php\/2025\/12\/05\/si-u-dominua-ekonomia-e-abu-dabit-nga-ihc\/","title":{"rendered":"Si u dominua ekonomia e Abu Dabit nga IHC","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"\"<\/p>\n

Nga energjia elektrike, zhvillimi i pronave dhe spitalet, e deri te tabelat reklamuese, shkollat e drejtimit dhe fermat e pulave, nj\u00eb konglomerat gjigant q\u00ebndron pas nj\u00eb pjese t\u00eb madhe t\u00eb korporatave vendase n\u00eb Abu Dhabi: International Holding Company (IHC).<\/span><\/p>\n

IHC \u00ebsht\u00eb zgjeruar me ritme t\u00eb shpejta vitet e fundit dhe aktualisht num\u00ebron rreth 1,500 filiale, sipas drejtorit ekzekutiv Syed Basar Shueb, duke shtrir\u00eb interesat dhe ndikimin n\u00eb t\u00eb gjith\u00eb ekonomin\u00eb dinamike t\u00eb emiratit.<\/span><\/p>\n

\u201cNe po synojm\u00eb t\u00eb konsolidojm\u00eb sektor pas sektori,\u201d i tha Shueb \u201cFinancial Times\u201d.<\/span><\/p>\n

Asetet e IHC-s\u00eb i kalojn\u00eb 125 miliard\u00eb dollar\u00ebt \u2014 nj\u00eb shum\u00eb q\u00eb grupi, i kryesuar nga z\u00ebvend\u00ebs-sundimtari Sheikh Tahnoon bin Zayed al-Nahyan, planifikon ta dyfishoj\u00eb gjat\u00eb pes\u00eb viteve t\u00eb ardhshme. Kjo p\u00ebrb\u00ebn nj\u00eb ndryshim t\u00eb jasht\u00ebzakonsh\u00ebm krahasuar me shtat\u00eb vite m\u00eb par\u00eb, kur kompania ishte pak e njohur dhe vepronte kryesisht n\u00eb akuakultur\u00eb dhe pasuri t\u00eb paluajtshme.<\/span><\/p>\n

Megjithat\u00eb, ekspert\u00ebt e ekonomis\u00eb politike t\u00eb Gjirit theksojn\u00eb se rritja e shpejt\u00eb e IHC-s\u00eb pasqyron mjegullimin e kufijve midis aseteve mbret\u00ebrore dhe atyre shtet\u00ebrore, si edhe munges\u00ebn e transparenc\u00ebs.<\/span><\/p>\n

P\u00ebrqendrimi i kaq shum\u00eb fuqie ekonomike n\u00eb duart e familjes sunduese e b\u00ebn emiratit \u201cnj\u00eb hibrid interesant midis hiper-modernitetit dhe patrimonializmit t\u00eb plot\u00eb\u201d, thot\u00eb Steffen Hertog, profesor i asociuar n\u00eb London School of Economics.<\/span><\/p>\n

Karen Young, studiuese e lart\u00eb n\u00eb \u201cMiddle East Institute\u201d n\u00eb Uashington, paralajm\u00ebron se kontrolli i IHC-s\u00eb mbi ekonomin\u00eb mund t\u00eb dob\u00ebsoj\u00eb sektorin privat. Filialet e grupit zot\u00ebrojn\u00eb shum\u00eb kompani vendase, p\u00ebrfshir\u00eb hotele dhe prodhues t\u00eb vajit vegjetal.<\/span><\/p>\n

N\u00eb tetor, IHC i kishte deklaruar FT-s\u00eb synimin p\u00ebr t\u00eb dyfishuar asetet e saj prej 119 miliard\u00eb dollar\u00ebsh brenda pes\u00eb viteve. Kur u publikuan rezultatet e tremujorit t\u00eb tret\u00eb n\u00eb n\u00ebntor, totali i aseteve kishte arritur n\u00eb 126 miliard\u00eb dollar\u00eb.<\/span><\/p>\n

Megjithat\u00eb, bankier\u00ebt shprehin n\u00eb m\u00ebnyr\u00eb jozyrtare dyshime p\u00ebr vler\u00ebsimet e aseteve t\u00eb kompanis\u00eb, nj\u00eb pjes\u00eb e t\u00eb cilave u transferuan falas nga kompania m\u00ebm\u00eb, Royal Group, q\u00eb po ashtu i p\u00ebrket Sheikh Tahnoonit. IHC nuk i \u00ebsht\u00eb n\u00ebnshtruar asnj\u00eb vler\u00ebsimi t\u00eb pavarur bankar apo agjencie krediti.<\/span><\/p>\n

\u201cFamilja sunduese e Abu Dhabit, e pasuruar nga dekada p\u00ebrfitimesh nga nafta, zot\u00ebronte copa-copa biznesesh private, por ato nuk ishin t\u00eb unifikuara,\u201d shpjegon Christopher Davidson, nj\u00eb akademik q\u00eb po shkruan nj\u00eb lib\u00ebr p\u00ebr IHC-n\u00eb. Sipas tij, vendit i duhej nj\u00eb \u201ckampion komb\u00ebtar\u201d q\u00eb t\u00eb grumbullonte k\u00ebto investime n\u00eb nj\u00eb struktur\u00eb m\u00eb koherente dhe n\u00eb linj\u00eb me planet e diversifikimit.<\/span><\/p>\n

Por, shton ai, dominimi i IHC-s\u00eb n\u00eb treg i largon shum\u00eb investitor\u00eb t\u00eb huaj, t\u00eb cil\u00ebt p\u00ebrndryshe do t\u00eb mund t\u00eb konsideronin blerjen e aksioneve t\u00eb kompanive n\u00eb Abu Dabi.<\/span><\/p>\n

\"\"<\/p>\n

Me kapitalizim tregu prej 240 miliard\u00eb dollar\u00ebsh, IHC \u00ebsht\u00eb pa konkurrenc\u00eb kompania m\u00eb e madhe e burs\u00ebs s\u00eb Abu Dhabit, duke z\u00ebn\u00eb 41.5% t\u00eb Indeksit t\u00eb P\u00ebrgjithsh\u00ebm FTSE ADX \u2014 p\u00ebrqindje q\u00eb rritet edhe m\u00eb shum\u00eb kur p\u00ebrfshihen filialet e listuara si Alpha Dhabi dhe 2PointZero. Po ashtu, First Abu Dhabi Bank, huadh\u00ebn\u00ebsi m\u00eb i madh i vendit, drejtohet nga i nj\u00ebjti Sheikh Tahnoon.<\/span><\/p>\n

Meqen\u00ebse IHC p\u00ebrfundimisht kontrollohet nga Sheikh Tahnoon \u2014 i cili \u00ebsht\u00eb k\u00ebshilltar i siguris\u00eb komb\u00ebtare i Emirateve t\u00eb Bashkuara Arabe dhe drejtues i dy fondeve sovrane t\u00eb pasuris\u00eb s\u00eb Abu Dhabit \u2014 akademik\u00ebt e kategorizojn\u00eb at\u00eb si \u201centitet t\u00eb lidhur me shtetin\u201d. P\u00ebrhapja e tij n\u00eb \u00e7do sektor t\u00eb ekonomis\u00eb bie ndesh me planin ekonomik t\u00eb vitit 2008, q\u00eb vendoste si prioritet nj\u00eb \u201csektor privat t\u00eb fuqizuar\u201d.<\/span><\/p>\n

Nd\u00ebrkoh\u00eb q\u00eb ekonomia jo-naft\u00eb e Abu Dhabit \u00ebsht\u00eb zgjeruar dhe p\u00ebrb\u00ebn m\u00eb shum\u00eb se gjysm\u00ebn e PBB-s\u00eb, qyteti \u00ebsht\u00eb kthyer n\u00eb qend\u00ebr p\u00ebr fonde mbrojt\u00ebse, menaxher\u00eb asetesh dhe milioner\u00eb q\u00eb hapin zyra familjare n\u00eb qendr\u00ebn financiare offshore.<\/span><\/p>\n

Megjithat\u00eb, sipas studiuesve dhe biznesmen\u00ebve, rritja ekonomike mb\u00ebshtetet n\u00eb kompani t\u00eb kontrolluara nga t\u00eb nj\u00ebjt\u00ebt mbret\u00ebror\u00eb q\u00eb drejtojn\u00eb emiratit, ose n\u00eb kompani n\u00eb pron\u00ebsi t\u00eb fondeve sovrane si ADQ \u2014 i kryesuar nga Sheikh Tahnoon \u2014 dhe Mubadala. Shum\u00eb drejtues privat\u00eb ankohen se konkurrenca \u00ebsht\u00eb e padrejt\u00eb.<\/span><\/p>\n

Nj\u00eb drejtues i Emirateve t\u00eb Bashkuara Arabe e p\u00ebrshkruan Abu Dhabin si \u201cnj\u00eb monarki moderne q\u00eb funksionon si nj\u00eb konglomerat: nj\u00eb person merret me financat dhe investimet, nj\u00eb tjet\u00ebr me teknologjin\u00eb\u201d. Sipas tij, p\u00ebr emiratit, \u201ckompanit\u00eb jan\u00eb mjete, jo q\u00ebllime\u201d.<\/span><\/p>\n

Ndryshe nga Dubai, i cili ka pak naft\u00eb dhe ka nd\u00ebrtuar nj\u00eb sektor privat t\u00eb fuqish\u00ebm, pasuria e madhe e Abu Dhabit ka zbutur motivimin p\u00ebr diversifikim, duke e b\u00ebr\u00eb familjen sunduese shum\u00eb m\u00eb t\u00eb nd\u00ebrhyrshme n\u00eb ekonomi.<\/span><\/p>\n

Nj\u00eb drejtues i lart\u00eb vendor shton se kjo situat\u00eb vjen edhe nga vet\u00ebk\u00ebnaq\u00ebsia e familjeve tradicionale t\u00eb biznesit, t\u00eb cilat \u201ckan\u00eb q\u00ebndruar p\u00ebr nj\u00eb koh\u00eb t\u00eb gjat\u00eb n\u00eb zon\u00ebn e tyre t\u00eb rehatis\u00eb dhe nuk kan\u00eb dashur t\u00eb marrin rrezik\u201d.<\/span><\/p>\n

Megjithat\u00eb, thot\u00eb ai, \u201cnuk \u00ebsht\u00eb e pranueshme t\u00eb kontrollosh ekonomin\u00eb 100% \u2014 sektori privat nuk mund t\u00eb garoj\u00eb\u201d.<\/span><\/p>\n

Abu Dhabi po redukton gjithnj\u00eb e m\u00eb shum\u00eb var\u00ebsin\u00eb nga nafta, duke par\u00eb rritje t\u00eb fort\u00eb n\u00eb sektor\u00ebt jo-naft\u00eb dhe investime n\u00eb teknologjit\u00eb e s\u00eb ardhmes, si inteligjenca artificiale. N\u00eb gjysm\u00ebn e par\u00eb t\u00eb vitit, ekonomia jo-naft\u00eb u rrit me 6.4% krahasuar me t\u00eb nj\u00ebjt\u00ebn periudh\u00eb t\u00eb vitit 2024.<\/span><\/p>\n

Por, pavar\u00ebsisht synimeve p\u00ebr diversifikim, angazhimi ndaj nj\u00eb sektori privat t\u00eb pavarur duket t\u00eb jet\u00eb zvog\u00ebluar, sipas Kristian Coates Ulrichsen nga Instituti Baker.<\/span><\/p>\n

\"\"<\/p>\n

Planet madhore n\u00eb shtetet e Gjirit \u201cshpesh tejkalohen nga zhvillimet e reja n\u00eb sektor\u00ebt n\u00eb rritje\u201d, thot\u00eb ai, duke p\u00ebrmendur AI-n\u00eb, e cila i jep entiteteve t\u00eb lidhura me shtetin avantazh duke mobilizuar kapital t\u00eb shumt\u00eb dhe rrjete t\u00eb gjera, duke l\u00ebn\u00eb pas sektorin privat.<\/span><\/p>\n

Nj\u00eb tjet\u00ebr grup i kontrolluar nga Sheikh Tahnoon, G42, ka marr\u00eb rolin kryesor n\u00eb AI, nj\u00eb sektor t\u00eb cilin Abu Dhabi e financon fuqish\u00ebm p\u00ebr t\u00eb fituar ep\u00ebrsi rajonale. Nd\u00ebrkoh\u00eb, Emircom, nj\u00eb filial i IHC-s\u00eb, \u00ebsht\u00eb kontraktor i r\u00ebnd\u00ebsish\u00ebm p\u00ebr qendrat e t\u00eb dh\u00ebnave.<\/span><\/p>\n

Shembuj t\u00eb tjer\u00eb t\u00eb dominimit t\u00eb entiteteve t\u00eb lidhura me shtetin jan\u00eb t\u00eb shumt\u00eb, ve\u00e7an\u00ebrisht n\u00eb sh\u00ebndet\u00ebsi. PureHealth, rrjeti m\u00eb i madh spitalor i Emirateve t\u00eb Bashkuara Arabe, \u00ebsht\u00eb kryesisht n\u00eb pron\u00ebsi t\u00eb ADQ dhe Alpha Dhabi-t. Burjeel \u00ebsht\u00eb pjes\u00ebrisht n\u00eb pron\u00ebsi t\u00eb IHC-s\u00eb, nd\u00ebrsa M42 \u2014 bashk\u00ebpron\u00ebsi e Mubadala-s dhe G42 \u2014 administron Cleveland Clinic Abu Dhabi.<\/span><\/p>\n

Nd\u00ebrsa fondet sovrane t\u00eb Abu Dhabit investojn\u00eb globalisht n\u00eb kompani private, tregu vendas dominohet nga transaksione \u201cxhepi majtas \u2013 xhepi djathtas\u201d, pra marr\u00ebveshje nd\u00ebrmjet fondeve sovrane dhe entiteteve t\u00eb lidhura me shtetin. Rasti m\u00eb i fundit ishte shitja nga IHC e aksioneve 42.5% n\u00eb Modon Holding tek kompania shtet\u00ebrore L\u2019imad Holding.<\/span><\/p>\n

Megjithat\u00eb, ekzistojn\u00eb mund\u00ebsi p\u00ebr partneritete mes kompanive nd\u00ebrkomb\u00ebtare private dhe korporatave t\u00eb lidhura me shtetin. Microsoft ka bler\u00eb nj\u00eb aksion minoritar n\u00eb G42 dhe bashk\u00ebpunon ngusht\u00eb me t\u00eb, nd\u00ebrsa BlackRock po nd\u00ebrton nj\u00eb biznes t\u00eb ri risigurimi me IHC-n\u00eb.<\/span><\/p>\n

Shueb shpjegon se rritja e aseteve t\u00eb IHC-s\u00eb lidhet kryesisht me performanc\u00ebn e kompanive t\u00eb saj, por thekson se grupi planifikon t\u00eb investoj\u00eb 36 miliard\u00eb dollar\u00eb \u00e7do 18 muaj p\u00ebr blerje t\u00eb reja. IHC \u00ebsht\u00eb gjithashtu nd\u00ebr grupet q\u00eb shqyrtojn\u00eb blerjen e aseteve t\u00eb Lukoil-it jasht\u00eb Rusis\u00eb, pas sanksioneve t\u00eb reja amerikane ndaj kompanis\u00eb.<\/span><\/p>\n

Sa i p\u00ebrket kritikave p\u00ebr dominim t\u00eb tregut lokal, Shueb v\u00ebren se \u201c54% e t\u00eb ardhurave tona vijn\u00eb nga jasht\u00eb\u201d, dhe se blerjet e fundit pritet ta \u00e7ojn\u00eb k\u00ebt\u00eb shif\u00ebr n\u00eb 65%.<\/span><\/p>\n

\u201cT\u00eb gjith\u00eb synojm\u00eb t\u00eb b\u00ebhemi lojtar\u00eb global\u00eb,\u201d thot\u00eb ai. \u201cN\u00eb tregun vendas, \u00e7do mund\u00ebsi q\u00eb kemi par\u00eb, e kemi kapur.\u201d<\/span><\/p>\n

Ai n\u00ebnvizon se IHC nuk p\u00ebrfiton trajtim t\u00eb ve\u00e7ant\u00eb p\u00ebr shkak t\u00eb lidhjeve mbret\u00ebrore: \u201cNuk ka asnj\u00eb lloj favorizimi n\u00eb tenderat publik\u00eb. Tregu \u00ebsht\u00eb i hapur p\u00ebr t\u00eb gjith\u00eb.\u201d<\/span><\/p>\n

VINI RE<\/strong> <\/span>Kz material \u00ebsht\u00eb pron\u00ebsi intelektuale e Financial Times<\/a><\/span><\/span><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

Nga energjia elektrike, zhvillimi i pronave dhe spitalet, e deri te tabelat reklamuese, shkollat e drejtimit dhe fermat e pulave, nj\u00eb konglomerat gjigant q\u00ebndron pas nj\u00eb pjese t\u00eb madhe t\u00eb korporatave vendase n\u00eb Abu Dhabi: International Holding Company (IHC). IHC \u00ebsht\u00eb zgjeruar me ritme t\u00eb shpejta vitet e fundit dhe aktualisht num\u00ebron rreth 1,500 filiale, […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":51,"featured_media":775170,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[],"class_list":["post-775167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fast-foodi"],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/775167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/comments?post=775167"}],"version-history":[{"count":99999,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/775167\/revisions"}],"predecessor-version":[{"id":775171,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/posts\/775167\/revisions\/775171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media\/775170"}],"wp:attachment":[{"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/media?parent=775167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/categories?post=775167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hashtag.al\/index.php\/wp-json\/wp\/v2\/tags?post=775167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}