IHC aims to develop non-oil sectors in the U.A.E. It invests in agriculture, capital, energy, F&B, healthcare, and other industries. In April 2022, IHC announced a $2 billion investment agreement with Indian multinational Adani Group’s green portfolio. In September 2022, IHC’s subsidiary “Rebound” launched Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastic. IHC’s subsidiary IHC Utilities has been working on R&D in Battery Energy Storage Systems (BESS).