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The Board of EIH Ethmar International Holding PJSC Appoints Ms. Low Ping to act as the Chief Executive Officer of the group.

Abu Dhabi, 16 January 2024: The board of EIH Ethmar International Holding PJSC has appointed Ms. Low Ping to act as the Chief Executive Officer of the group.


With more than 30 years of leadership experience, Ms. Low Ping has led and transformed several regional and global companies. Her commercial expertise spans a wide range of industries and sectors and is combined with a deep knowledge of finance, risk management, and business expansion.

Wings Logistics Hub, a Subsidiary of Technology Holding Company (THC), the Technology Arm of EIH Ethmar International Holding Sign a Strategic Partnership and Sales Agreement with EHang Holdings Limited

Abu Dhabi, UAE and Guangzhou, China, December 18, 2023 – EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced that it is extending its operations to the United Arab Emirates (“UAE”). This expansion involves joining the Smart and Autonomous Vehicle Industries (“SAVI”) Cluster in Abu Dhabi. Additionally, a long-term strategic partnership has been formed with Wings Logistics Hub, the passenger eVTOLs (smart mobility) and logistics tech subsidiary of Technology Holding Company (“THC”), being the technology arm of EIH Ethmar International Holding.

Nine Yards Plus Holding subsidiary of EIH Ethmar International Holding acquires majority stake at Abu Dhabi Commercial Properties (“ADCP”)

Abu Dhabi, 14 December 2023: Abu Dhabi Commercial Bank (“ADCB”) has signed an agreement to divest 80% stake in its wholly-owned property management subsidiary Abu Dhabi Commercial Properties (“ADCP”) to Nine Yards Plus Holding (“Nine Yards Plus”), a real estate subsidiary of EIH Ethmar International Holding PJSC (“EIH”).

The transaction values Abu Dhabi Commercial Properties at AED591mn and the Bank will register a gain of approximately AED 490 million subject to closing conditions before the end of December 2023.

The sale of the majority stake, while unlocking significant value for shareholders, aligns with ADCB’s strategy to focus on the expansion of its core banking businesses and provides a strong strategic platform for further growth of ADCP.

ADCB will retain a 20% stake in ADCP post-transaction and will continue its partnership via a long-term relationship agreement.




Ethmar International Holding (EIH) is a rapidly growing investment holding company headquartered in Abu Dhabi, United Arab Emirates, with branches in Dubai, Egypt, and Romania. At EIH, we aspire to deliver on our country’s economic objectives, ensure tangible, long-term, and sustainable returns to our investors and give back to the community. We believe in diversification across industries, through building synergies while looking for the best opportunities for success. 



EIH Commitment

We are determined to deliver sustainable and positive returns to our investors, generating meaningful value, and enhancing their financial positions through strategic partnerships to develop a diversified, innovative, and sustainable investment portfolio. Adding value to society, community and the country.


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