Alpha Dhabi reports Dh17.4 billion revenue in Q1
ABU DHABI (WAM) Alpha Dhabi Holding has reported a strong set of financial results for the period ending March 31, 2025, with Adjusted EBITDA 1 climbing to Dh4.4 billion, up 33 percent year-on-year (YoY).Alpha Dhabi's continued momentum in strategy execution across key verticals has been a key driver of the strong performance. Group revenue stood at Dh17.4 billion, a 23% increase YoY, reflecting the depth of Alpha Dhabi's diverse portfolio alongside its consistent track record of growth.Net profit stood at Dh2.1 billion, down from the same period last year, reflecting changes in the fair market value of some of the group's public listed investments.The Group's financial position remains strong, with total assets of Dh185.2 billion and an equity of Dh93.5 billion. Alpha Dhabi is strategically poised to forge further ahead with its growth ambitions, which will include further possibilities for acquisitions and geographical diversification.The increasing diversity and depth of Alpha Dhabi's portfolio have been a significant driver of its revenue growth and contribution to the increase in net profit from operations. The company's portfolios in real estate (Dh6.4 billion), industrial (Dh6.2 billion), construction (Dh2.7 billion), and services and others (Dh2.1 billion) contributed significantly to total revenue.Mohamed Thani Murshed Ghannam Al Rumaithi, Chairman of Alpha Dhabi Holding, said, 'Alpha Dhabi began 2025 on a strong footing, building on a year of transformation and guided by a clear strategy for future growth. Collectively, we have advanced the business both horizontally and vertically, strategically capturing opportunities with the potential to deliver deep, meaningful growth. Our financial performance for the quarter reflects the pace of this growth, with our success being underpinned by the evolution of a portfolio which spans diverse geographies and future-focused sectors.'Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC, said that the Q1 2025 results demonstrate the power of Alpha Dhabi's investment strategy by focusing on opportunities created by growing economies and populations, technological disruption and sustainable business models.
"We remain focused on investments that diversify revenues, create value across the economy, and position Alpha Dhabi for long-term growth,' he added.
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The National
05-08-2025
- The National
Alpha Dhabi 'exploring' building UAE data centres amid AI boom
Alpha Dhabi Holding, a unit of Abu Dhabi's International Holding Company, is open to 'indirectly' tapping into the UAE's growing data centre scene as it continues to expand its portfolio, a senior executive said on Tuesday. The investment company, with total assets of nearly Dh200 billion ($54.5 billion), does not have specific plans to invest in data centres, but would consider building the facilities, which are key components of the artificial intelligence boom, chief strategy and investor relations officer Derek Nicholson told The National. 'Indirectly, we can participate in some of the [technology] transformation that's happening here in the UAE … someone has to build [the data centres], so we could build that through our construction division and we're actively exploring opportunities,' he said, speaking at a media round-table in Abu Dhabi. Mr Nicholson was referring to Trojan Construction Group, which he said could create a division to build data centres. Alpha Dhabi was known as Trojan Holding before a rebrand and initial public offering in 2021. 'This is a significant growth area for that [as they are] going to be the construction projects of the future and if you can deliver and specialise in that, there can be significant new markets that can be available to us,' Mr Nicholson added. The UAE, Abu Dhabi in particular, has made a flurry of moves to advance its technology sector, especially amid the AI boom, such as the 1-gigawatt Stargate data centre to be built in the UAE capital. 'If we see something in data centres, then we could consider it and it would go through our investment screening process,' Mr Nicholson said. 'We have a lot of capital that we're looking to deploy and our job is to find the best ones.' Alpha Dhabi has plans to float more of its companies, although it has yet to determine how many, which ones and when, Mr Nicholson said. The listings would most probably be on the Abu Dhabi Securities Exchange, owing to the strength of the emirate's stock market, he added. 'When we think [our companies] reach the right level, then they're ready to go on the stock market,' he said. Tariff impact 'virtually zero' The sweeping tariffs imposed by the US government have had 'virtually zero' impact on Alpha Dhabi's business, owing to 'very detailed due diligence', Mr Nicholson said. 'If we were going to invest in a particular country or a sector, we would look to see if there was any impact on the tariffs, but the tariffs have had virtually zero impact on our business,' he said. Net profit for the three months ending in June soared more than 117 per cent year-on-year to Dh4.53 billion, the company said in a filing to ADX, where its shares trade. Revenue for the period jumped nearly 22 per cent year-on-year to Dh18.43 billion. For the first half of 2025, Alpha Dhabi's profit inched down 0.7 per cent annually to Dh6.63 billion, despite a decrease in non-recurring accounting adjustments of Dh1.4 billion. Revenue for the six-month period leapt 22.3 per cent year-on-year to Dh35.85 billion, while earnings before interest, taxes, depreciation and amortisation – a key metric for profitability – jumped 34 per cent to Dh8.4 billion. Alpha Dhabi's industrial portfolio made the biggest contribution to its first-half revenue with Dh13.4 billion, followed by real estate's Dh12.8 billion and construction's Dh6 billion. 'The majority of our revenues are growing. There's a lot of tailwinds that are coming in from the initiatives that the [UAE] government is launching [and] we're benefitting from that,' Mr Nicholson said. 'Our companies are doing exceptionally well in terms of the growth that they're achieving.' Alpha Dhabi has grown into a regional conglomerate with interests in construction, health care, hospitality and industry after completing a series of acquisitions in 2021 and 2022. The conglomerate, through its entities, has been investing in Europe, the US and Africa. Among the biggest names under Alpha Dhabi's portfolio are Aldar Properties, Abu Dhabi's biggest listed developer; Pure Health, the largest health care group in the Middle East and North Africa; NMDC Group, the biggest engineering, procurement and construction company in the Middle East, and Trojan Construction, the industry's top group in the UAE. In May, Alpha Dhabi signed a partnership agreement with Abu Dhabi's Al Jazira Sports Club to run until the end of the 2027-28 football season.
Khaleej Times
03-08-2025
- Khaleej Times
Alpha Dhabi posts 23% surge in H1 revenue; eyes long-term expansion
Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the Middle East and North Africa region, recorded revenue of Dh35.9 billion for the six-month period, up 23 per cent year-on-year. Supported by strong performances across its core verticals, the healthy results underscore the Abu Dhabi Securities Exchange-listed company's ability to sustain growth through a diversified and future-focused investment portfolio. Adjusted Ebidta rose 34 per cent to Dh8.7 billion, reflecting efficiency gains and growth momentum in strategic sectors, Alpha Dhabi said in a statement. The group's financial position remains solid, with total assets of Dh198.4 billion and equity of Dh98.1 billion. Net profit stood at Dh6.6 billion, broadly in line with the same period in 2024, despite lower non-recurring accounting gains due to fluctuations in the fair market value of certain listed portfolio companies. This performance reflects Alpha Dhabi's disciplined investment approach and its ability to generate sustainable shareholder value while advancing its vision for 2030, which emphasises innovation, strategic expansion, and socio-economic impact. Revenue contributions in the first half were well spread across its portfolio: industrial activities generated Dh13.4 billion, real estate Dh12.8 billion, construction Dh6 billion, and services and other segments Dh3.7 billion. The group's strategy of building scale, creating synergies, and enabling innovation is translating into tangible results, while its increasingly global footprint is also contributing to growth, with Dh4.6 billion in revenue generated from outside the UAE by its portfolio companies. Chairman Mohamed Thani Murshed Ghannam Al Rumaithi said Alpha Dhabi remains focused on building a resilient, future-ready economy for the UAE. 'Innovation and sustainable growth remain the cornerstones of our foundation as we invest with purpose, offering investors access to a diverse range of premium assets that matter to Abu Dhabi's economy,' he said. Managing Director and Group CEO Eng. Hamad Al Ameri added that growth remains the company's top priority across revenue, acquisitions, profitability, capabilities, innovation, and market impact. 'We are well positioned to build on this momentum throughout the rest of 2025 and beyond,' he said. The group's performance is also reflected in market recognition. In the Forbes Top 100 Listed Companies in the Middle East 2025, Alpha Dhabi ranked 14th, alongside four of its portfolio companies — Aldar Properties (30th), PureHealth (44th), NMDC Group (48th) and NMDC Energy (82nd). These accolades underscore the strategic importance of Alpha Dhabi's investments in shaping the UAE's regional economic influence. The company also received the Sharjah Excellence Award 2024, while PureHealth was named the UAE's Most Valuable Healthcare Brand by Brand Finance. NMDC Energy received The ICV Excellence Award for semi-governmental manufacturers at the Make it in Emirates forum in Abu Dhabi. The group's subsidiaries have been active in expanding their market positions. Aldar Properties advanced its presence in Abu Dhabi's real estate sector with strategic acquisitions, including premium warehousing and light industrial real estate in the Al Dhafra region, and unveiled a Dh40 billion masterplan for Fahid Island, positioning it as a new landmark destination. The company also announced a partnership with Hilton to launch Abu Dhabi's first Waldorf Astoria Residences on Yas Island. In the industrial sector, Trojan General Contracting and Samsung C&T began work on a 1,000-megawatt open-cycle gas turbine power plant in Al Dhafra, supporting the UAE's energy needs and aligning with its Artificial Intelligence strategy. PureHealth expanded its insurance arm Daman into the property and casualty segment and partnered with Cincinnati Children's Hospital to bring world-class paediatric care to Abu Dhabi. NMDC Energy strengthened its Saudi market presence by extending a long-term agreement with Aramco and signed a memorandum with Al Gharbia to boost domestic pipe production capacity. Alpha Dhabi has also been active in fostering innovation in the energy sector, supporting the Enersol initiative to identify the best AI-driven energy technology start-ups, backed in partnership with Adnoc Drilling and C3 - Companies Creating Change. In hospitality, ADMO Lifestyle Holding, part of the group, expanded into high-end luxury through its partnership with Red Sea Global to launch the Nammos Resort AMAALA in Saudi Arabia and increased its stake in Lebanese fine dining brand Em Sherif. Established in 2013, Alpha Dhabi Holding has grown into a diversified investment powerhouse with more than 250 businesses across healthcare, renewable energy, petrochemicals, real estate, construction, and hospitality. Employing over 95,000 people, it is a major contributor to the UAE economy and remains committed to driving long-term value through targeted investments, innovation, and diversification.
Arabian Post
03-08-2025
- Arabian Post
Alpha Dhabi Holding sees sharp growth in Q2 profits
Alpha Dhabi Holding has reported a significant surge in its second-quarter net profit for 2025, reaching AED 4.53 billion, marking a 118% increase from AED 2.08 billion during the same period in 2024. This growth reflects the investment conglomerate's strategic positioning in Abu Dhabi's dynamic market and its diversified portfolio of high-value assets. Revenue for the quarter also saw an uptick, rising to AED 18.4 billion from AED 15.1 billion in Q2 2024, driven largely by strong performances in its real estate, construction, and energy investments. The robust financial results highlight Alpha Dhabi's continued resilience in navigating fluctuating market conditions, alongside its ability to capitalize on lucrative opportunities in the UAE's fast-growing sectors. Looking at the first half of 2025, the company's net profit increased by 1% year-on-year, totalling AED 6.6 billion. This steady growth indicates that Alpha Dhabi has maintained a strong market position despite challenges posed by non-recurring items from the previous year. In the first half of 2024, the company's performance had been impacted by exceptional costs, totalling AED 1.4 billion, which were largely one-off events. By comparison, the 2025 results suggest a return to more stable financial operations. ADVERTISEMENT One of the key contributors to the conglomerate's success is its broad exposure to prominent businesses based in Abu Dhabi. Alpha Dhabi's stakes in well-established companies such as Aldar, Modon, and NMDC Group continue to be vital in bolstering its financial standing. These holdings, each a leader in their respective fields—real estate, construction, and mining—have provided the firm with substantial returns, particularly as the UAE's real estate market remains strong, buoyed by population growth and increasing demand for residential and commercial properties. Alpha Dhabi has been focusing on diversifying its investments across a variety of sectors, further reducing its exposure to any single market segment. This strategy has allowed the company to weather the volatility of global economic conditions more effectively. It has also enhanced its operational flexibility, enabling Alpha Dhabi to tap into a range of opportunities from healthcare to technology, all the while safeguarding long-term stability. The company's performance in Q2 2025 also reflects its adaptive approach to business strategy. Despite challenges faced by global markets, Alpha Dhabi has demonstrated an ability to leverage its extensive portfolio to generate consistent returns. Analysts suggest that the firm's focus on strategic investments, in combination with its ability to streamline operations, has been pivotal in achieving this growth. Alpha Dhabi Holding's sustained profit growth is also supported by its solid financial base. The company has managed to keep costs under control while simultaneously expanding its investments in both local and international markets. Moreover, the company has actively pursued new opportunities in infrastructure development, a sector that continues to receive significant government backing in the UAE. Looking forward, Alpha Dhabi's outlook remains optimistic. The company is expected to continue benefiting from its strong ties with the UAE government, particularly in key sectors such as construction and energy. Analysts predict that the continued growth of Abu Dhabi's real estate and infrastructure markets will provide further opportunities for Alpha Dhabi to capitalize on its existing investments.
