Ittihad International Investment LLC

Big News! S&P Global Ratings has upgraded Ittihad International Investment’s credit rating from B+ to BB-, with a Stable Outlook — a testament to our deleveraging success, strong cash flow performance, and robust financial discipline. This marks a major milestone for the Group and reflects our strong progress in deleveraging, financial discipline, and sustained operational performance across all clusters. Ittihad International Investment LLC #CreditRating #SustainableGrowth #FinancialExcellence #UAEIndustry

We’re Hiring UAE National Engineers! Join one of our leading manufacturing units under Ittihad International Investment and be part of the UAE’s industrial transformation. We are committed to empowering Emirati talent and creating meaningful career paths in the engineering and manufacturing sectors. We are currently looking for Emirati Engineers (Mechanical, Electrical, Chemical, or Industrial) to join our operational and technical teams. Whether you're a fresh graduate or an experienced professional, this is your opportunity to work in a state-of-the-art industrial facility that is shaping the UAE’s export and innovation landscape. To apply, UAE Nationals can send their CV to [email protected]

Local Roots, Global Reach !

Join us at Make it in the Emirates 2025 - MITTE Hall 8 | ADNEC, Abu Dhabi , 19-22 May, 2025 We’re showcasing how our investments in advanced manufacturing — from copper and steel, writing and printing paper to tissue paper and specialty chemicals — are reinforcing the UAE’s global industrial footprint. Come meet the team and discover how we’re driving sustainable growth, export excellence, and industrial innovation. #MakeItInTheEmirates2025 #IttihadInvestment #UAEManufacturing #Sustainability #ADNEC2025

We are proud to announce that Ittihad International Investment LLC and CEO, Amer Kakish have been featured in Forbes Middle East, recognizing our significant impact on the UAE’s private sector. This feature highlights Ittihad’s strategic growth, operational excellence, and contribution to strengthening the UAE’s economic landscape. Under the leadership of our CEO, Ittihad has become a key driver of innovation and sustainable development across diverse industries. This recognition reflects the dedication of our team and reinforces our commitment to driving progress and excellence. #IttihadInternational #Leadership #UAE #BusinessExcellence

We are thrilled to share that our recent trip to SeaWorld Abu Dhabi with our incredible employees under the Zayed Higher Organization (ZHO) for People of Determination was a heartwarming and educational experience! From exploring the wonders of marine life to engaging in interactive exhibits, it was truly rewarding to see so many smiles and moments of excitement. This trip reinforced the importance of inclusion, teamwork, and the value of creating meaningful experiences for all our employees. A big thank you to everyone who helped make this day a success. Your commitment to fostering an inclusive and supportive work environment is what makes us stronger together. Here’s to more enriching and joyful experiences ahead! #InclusionMatters #PeopleOfDetermination #EmployeeEngagement #TeamBuilding #MakingADifference Ittihad International Investment LLC Union Copper Rod Union Rebar Factory National Cement Factory Crown Paper Mill SOLV Ittihad Paper Mill LLC Emirates Link Nitco LLC Union Chemicals Factory LLC / Ittihad Gulf Ltd.

Ittihad International Investment LLC Closes $450 Million Senior Unsecured Sustainability-Linked Facility, Boosting Liquidity Sources by an Additional $345 Million. 10 February 2025, Ittihad International Investment LLC announced the successful arrangement of a $450 million senior unsecured committed revolving credit facility (RCF), further strengthening its liquidity position. The facility was arranged by Emirates NBD, Commercial Bank of Dubai, and First Abu Dhabi Bank as Mandated Lead Arrangers and Bookrunners (MLABs) and sustainability joint coordinators, with Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, and Emirates Islamic Bank acting as joint arrangers. Structured at the Holdco level on a pari-passu basis with the outstanding Sukuk certificates while reflecting similar terms and conditions, the facility has a five-year tenure (3+1+1), three years committed with a two-time extension option each for an additional year at the banks’ discretion. It also includes an accordion feature, allowing for an increase in the facility size. The new RCF is divided into two tranches: ✔️ Tranche A: $225 million designated for general corporate purposes, replacing the company's existing standby RCF of $105 million which remained undrawn at the time of closing. ✔️ Tranche B: $225 million to replace the company’s existing 90-day subsidiary-level working capital facilities, which were previously financed on an uncommitted basis. Of this, $145 million will be drawn to settle and replace outstanding working capital facilities, while the remaining $80 million will provide an additional liquidity source on standby for working capital purposes. As a result, the transaction will be leverage-neutral. This strategic facility marks a significant milestone for Ittihad, reinforcing its capital base and supporting future growth through an optimized capital structure. It enhances liquidity, lowers finance costs, and aligns with the company’s commitment to #sustainability by integrating #environmental and social performance goals into its financing strategy.  Zahi Abu Hamze, Chief Financial Officer of Ittihad International Investment LLC, commented: “We are pleased with the flexibility this transaction provides to support our future financial needs while contributing to our efforts toward an improved credit rating—all at an efficient cost. This is yet another testament to Ittihad’s strong financial outlook. We appreciate the confidence shown by all participating banks in this transaction.”