IHC had a market cap of $140 billion as of May 2022, making it the second most valuable company in the Arab world. In 2021, the group reported revenues of $7.8 billion, an increase of 305% compared to 2020, of which $3.2 billion came from the healthcare sector. In the same year, it recorded $3.2 billion in profits, up 284% from 2020. In April 2022, IHC announced it would be investing $2 billion into three green-focused companies under the Adani Group, extending its businesses in India and Africa. Shueb became CEO and Managing Director of IHC in 2019.