PROMAX joined AVIS

PROMAX Investments, PROMAX United, PROMAX Finance and Preferred Partners are a dynamic, integrated, multi-disciplinary conglomerate of companies headquartered in Abu Dhabi, United Arab Emirates. The group develops a venture capital business by acquiring companies with high growth potential.

Under the wise leadership of the company's owner, His Royal Highness Sheikh Zayed Bin Saeed Bin Zayed Bin Sultan Al-Nahyan, a member of the Royal Family of Abu Dhabi, the company has grown tremendously since its inception in 2004. 

The company has established numerous business associations, subsidiaries and strategic partnerships and has a presence in the Gulf Cooperation Council (GCC) countries, Europe, the US, Canada and Africa. PROMAX expands into healthcare, food, real estate, agriculture and digital technologies, among others. Minority investments in growth companies. IHC acquired shares in California aerospace company SpaceX through a private equity fund and made other investments in U.K. DNA sequencing company Oxford Nanopore Technologies, New York digital marketing company Yieldmo, and Abu Dhabi National Oil Company (ADNOC).

Our technologies represent a significant leap into the future for both groups. PROMAX's global expansion and political influence and AVIS 's futuristic high-tech, including AVIS QUANTUM Bank, form a perfect synergy. To kick off the partnership, PROMAX is transferring the shares of a mid-sized bank to AVIS and our IT teams are merging our QUANTUM banking technologies with existing banking systems. The partnership lays the foundation for the launch of AVIS financial HUB for the conversion of sovereign debt into sponsorship.

AVIS will leverage the green footprint of its nano powder-based bionic 3D kinetic fusion construction into the cool satellite Arab construction style. This means glass tower architecture will melt harmonic into nature and family life. Read More