logo
ADX sees 99.5% surge in net foreign investment inflows in H1 2025

ADX sees 99.5% surge in net foreign investment inflows in H1 2025

Al Etihad22-07-2025
22 July 2025 12:12
A. SREENIVASA REDDY (ABU DHABI)The Abu Dhabi Securities Exchange (ADX) recorded robust growth in the first half of 2025, reflecting heightened investor confidence and a marked rise in foreign participation. According to data released by the exchange, total foreign buying reached Dh81.3 billion in the first six months of the year, representing 45% of overall market purchases. This marks a 61% year-on-year (YoY) increase compared to the same period in 2024.The bourse reported a surge of 99.5 percent in foreign net investments, underscoring growing international interest in ADX-listed equities. Trading activity on the exchange also saw considerable momentum, with the total trading value rising by 33.5% YoY and the average daily trading value increasing by 31.4% YoY.The market capitalisation of ADX reached Dh3.09 trillion as of June 30, 2025, reflecting 3.1% growth from the beginning of the year. The top traded stocks included ADNOC Gas, Aldar, ADNOC Distribution, Lulu, IHC, First Abu Dhabi Bank (FAB), Multiply Group and ADNOC Drilling.
The exchange attributed the upbeat performance to a combination of favourable market conditions, increased trading volumes, and investor appetite for leading UAE equities. The consistent rise in activity and foreign investment aligns with ADX's ongoing efforts to enhance market accessibility, broaden product offerings, and deepen liquidity.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Alpha Dhabi records accelerated growth in H1 2025
Alpha Dhabi records accelerated growth in H1 2025

Zawya

timea day ago

  • Zawya

Alpha Dhabi records accelerated growth in H1 2025

The depth and diversity of Alpha Dhabi's future-focused portfolio supported the group's sustainable growth and value creation With a strong asset and firm equity base, the group is well positioned for growth in H2 2025 as strategic acquisitions and investments deliver shareholder value Key contributions to revenue included Industrial AED 13.4 billion, Real Estate AED 12.7 billion, Construction AED 6 billion, and Services & Others AED 3.7 billion Abu Dhabi, UAE: Alpha Dhabi Holding PJSC ('Alpha Dhabi' or 'the Group'), one of the fastest-growing investment holding companies in the MENA region, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), delivered a strong financial performance in the first half of 2025, bolstered by adjusted EBITDA surging AED 8.7 billion with an increase of 34% year on year, respectively. Alpha Dhabi's sustained focus on capturing strategic opportunities and continued momentum in executing its strategy across key verticals is evident in the strong financial performance, with group revenue climbing to AED 35.9 billion with an increase of 23% year on year. The group's financial position remains robust, with total assets of AED 198.4 billion and equity of AED 98.1 billion, as it delivers on the group's vision for 2030 by focusing on innovation, strategic growth, and community impact. Group net profit of AED 6.6 billion was in line with 2024, despite a decrease in non-recurring accounting adjustments of AED 1.4 billion, which included fluctuations in the fair market value of some of the publicly listed companies in Alpha Dhabi's portfolio. The results demonstrate how Alpha Dhabi's sustained focus is delivering long-term shareholder value and accelerated business growth, as the group's core differentiator – investing in future-focused industries – strengthens its position as a leading global investment holding group based in Abu Dhabi. The progressive diversification and expansion of Alpha Dhabi's investment portfolio have played a pivotal role in enhancing revenue generation and contributing to the growth. Noteworthy revenue contributions originated from key sectors within the portfolio, including industrial (AED 13.4 billion), real estate (AED 12.8 billion), construction (AED 6 billion), as well as services and other segments (AED 3.7 billion). H.E. Mohamed Thani Murshed Ghannam Al Rumaithi, Chairman of Alpha Dhabi Holding, said: 'We remained focused on building scale, creating synergies, and enabling innovation in the first half of 2025 to offer investors access to a diverse range of premium assets that matter to Abu Dhabi's economy. Innovation and sustainable growth remain the cornerstones of our true foundation as we invest with purpose and help build a resilient, future-ready economy for the UAE's sustained growth and long-term prosperity.' Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC of Alpha Dhabi Holding, said: 'We have delivered another strong half-year, adding strategic investments in sectors we believe will support in shaping the future. Our fundamentals remain sound, our partnerships are growing, and the results speak for themselves, with a 34% rise in adjusted EBITDA, reaching AED 8.7 billion. We are well-positioned to keep building on this momentum, with growth remaining our top priority – in revenue, acquisitions, and profitability, as well as in capabilities, innovation, and impact – as we push the boundaries of what is possible throughout the rest of 2025 and beyond.' Alpha Dhabi's increasingly diversified portfolio—spanning multiple geographies and forward-looking sectors—continues to serve as a foundation for sustained growth. As the Group advances its strategic focus on sustainable business models, broadening revenue streams, and driving value creation through targeted investments, notable contributions include revenue of AED 4.6 billion generated from outside the UAE by ADH's portfolio companies. H1 2025 Key Highlights Excellence crosses the portfolio companies and shareholders This quarter, Alpha Dhabi Holding and four of its portfolio companies featured in the Forbes Top 100 Listed Companies in the Middle East 2025. Alpha Dhabi Holding has been ranked 14th place, ALDAR Properties (30th), PureHealth (44th), NMDC Group (48th), and NMDC Energy (82nd), demonstrating the growth and strategic importance of UAE companies in the region's economic landscape. This recognition reflects the strength of visionary leadership, operational excellence, and the collective drive to create long-term value across the region. Additionally, Alpha Dhabi Holding has been honoured to receive the Sharjah Excellence Award 2024, that is held under the leadership of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. The prestigious ceremony was organized by the Sharjah Chamber of Commerce and Industry. PureHealth was also recognized as the UAE's Most Valuable Healthcare Brand by Brand Finance. In addition, NMDC Energy has received The ICV Excellence Award in the category of Semi-Governmental Manufacturers at the Make it in Emirates forum in Abu Dhabi. Aldar & Modon Holding: pioneering real-estate sector Aldar has demonstrated continued strategic activity across its portfolio, including the acquisition of premium warehousing and light industrial real estate assets in the Al Dhafra region of Abu Dhabi from Waha, valued at AED 530 million. Aldar Education revealed an exclusive collaboration with the internationally acclaimed King's College School Wimbledon to establish its inaugural regional campus on Abu Dhabi's Fahid Island. Further advancing its development footprint on Fahid Island, Aldar unveiled the masterplan for what is set to be Abu Dhabi's next iconic island destination and a gross development value exceeding AED 40 billion. Aldar announced a landmark partnership with Hilton (NYSE: HLT) to introduce Abu Dhabi's first Waldorf Astoria Residences, which will also be the first branded residential offering on Yas Island. Trojan: Powering the UAE's AI Strategy Trojan General Contracting & Samsung C&T officially kick off site activities for state of the art open-cycle gas turbine (OCGT) power generation plant in the Al-Dhafra region of Abu Dhabi. This project will have a generation capacity of 1,000 megawatts (MW), supporting the growing energy demands of the UAE. The project aligns with the UAE government's forward-looking Artificial Intelligence (AI) strategy, with EWEC partnering with both Taqa and Abu Dhabi Future Energy Company (Masdar) on initiatives to integrate advanced energy technologies. PureHealth: elevating healthcare sector PureHealth announced the strategic expansion of its insurance arm, Daman, marking its transformation from a health-focused provider into a comprehensive, multi-line insurer with entry into the high-growth Property and Casualty (P&C) segment. On PureHealth's subsidiaries level, SEHA partnered with the number one USA children's hospital, Cincinnati Children's, through SEHA Sheikh Khalifa Medical City (SKMC), to deliver world-class paediatric expertise to Abu Dhabi and the UAE. Industrial sector support national agenda NMDC Energy PJSC (ADX: NMDCENR has entered into a strategic Memorandum of Understanding with Al Gharbia, a leading Abu Dhabi-based manufacturer of advanced pipelines, to jointly explore opportunities to expedite pipe production within the UAE in response to growing domestic and regional demand. In parallel, the company has executed an extension of its Long-Term Agreement with Aramco, marking a significant milestone in NMDC Energy's ongoing strategic expansion efforts across the Kingdom of Saudi Arabia. The best technology startups in the energy sector by Enersol: Backed by Alpha Dhabi Holding and ADNOC Drilling, in collaboration with C3 - Companies Creating Change, this is the first of its kind search for the best energy technology startups using AI and digitalization, including operational efficiency, robotics, emissions reduction, measurement-while-drilling, next-generation resource optimization and more. Finalists have a real chance to break into the industry and gain access to potential investors, mentorship and visibility. Steady growth with luxury hospitality brands – ADMO lifestyle Red Sea Global (RSG), the PIF backed developer behind regenerative tourism destinations AMAALA and The Red Sea, unveiled Nammos Resort AMAALA, setting a new standard for luxury in the Red Sea region. This partnership marks Nammos Hotels & Resorts' first hotel outside of Greece, bringing its iconic Cycladic elegance and world-renowned hospitality to Saudi Arabia and it set to open in Q4 2025. Additionally, ADMO Lifestyle Holding has become the controlling shareholder in the distinguished Lebanese fine dining brand Em Sherif. This transaction follows ADMO's initial investment in the renowned Lebanese Mediterranean cuisine brand in October 2023. About Alpha Dhabi Holding Alpha Dhabi Holding (ADH), a UAE listed group, was established in 2013 and is one of the fastest growing Abu Dhabi based investment holding companies, with more than 250 businesses spread across healthcare, renewable energy, petrochemicals and other industries such as real estate, construction and hospitality. With over 95,000 employees, ADH is a strategic contributor to the UAE economy and is committed to drive continuous growth for its stakeholders through investments in emerging businesses, supporting innovation and diversity. For more information, please visit

Phoenix Group mined 689 Bitcoins in H1 2025
Phoenix Group mined 689 Bitcoins in H1 2025

Al Etihad

time2 days ago

  • Al Etihad

Phoenix Group mined 689 Bitcoins in H1 2025

31 July 2025 14:44 A. SREENIVASA REDDY (ABU DHABI)Phoenix Group, the UAE-based global cryptocurrency mining and infrastructure firm listed on Abu Dhabi Securities Exchange (ADX), mined a total of 689 Bitcoins during the first half of 2025. Of these, 336 Bitcoins were mined in the second quarter alone, with 214 attributed to self-mining company posted Q2 revenue of $29 million, while self-mining revenue surged to $41.7 million in the first half—up 219% compared to the same period in 2023, when it stood at $13 million. Phoenix continues to mine profitably, reporting a gross margin of 31% on self-mining and achieving a 14% reduction in energy costs, according to its financial statement released also announced the formal launch of its digital asset treasury strategy. The company's corporate reserves, valued at over $150 million, consist mainly of 514 Bitcoins and more than 630,000 Solana coins.'Phoenix has always been more than just a mining company. We're a conviction-led digital infrastructure group,' said Munaf Ali, CEO and Co-Founder of Phoenix Group. 'Holding Bitcoin and other strategic digital assets isn't just about exposure. It's about alignment. We believe in the long-term value these networks represent, and our treasury strategy reflects that belief.'When asked to elaborate, a company spokesperson told Aletihad: 'Our digital asset treasury is a strategic corporate initiative where Phoenix Group holds a portfolio of cryptocurrencies as part of our long-term balance sheet management.'Clarifying the purpose of the holdings, the spokesperson added: 'We mine and hold our own assets in the treasury, it's not a custody or banking service for third parties. The holdings—514 BTC and over 630,000 SOL—are Phoenix Group's corporate reserves, accumulated through our self-mining operations and strategic acquisitions. We do not hold or manage assets on behalf of others, nor do we offer withdrawal services. It is not a client-facing product.'On the valuation, the spokesperson noted: 'The $150 million+ figure is not a fixed target but the formalised starting point, with potential for further development as part of our growth strategy.'Explaining operational metrics, the company clarified: 'Self-mining refers to using our own hardware and infrastructure to mine Bitcoin directly for Phoenix Group's account, retaining all rewards. Non-self-mining includes our hosting services, where we provide data centre space, power, and maintenance for third-party miners' equipment.'The company also reported a non-cash loss of $29 million, attributed primarily to revaluation of digital assets and a one-time depreciation adjustment under revised accounting is now shifting focus toward expanding its Artificial Intelligence (AI) and High-Performance Computing (HPC) verticals. A feasibility study is underway to convert part of its US infrastructure into a multi-use compute facility. Simultaneously, the company is evaluating multiple international locations to accelerate its AI and HPC growth. 'We are building toward 1 gigawatt of hybrid infrastructure by 2027, and we see a clear path to get there,' said Ali.

Union Properties Sees Q2 Profit Drop Despite Revenue Rise
Union Properties Sees Q2 Profit Drop Despite Revenue Rise

Arabian Post

time2 days ago

  • Arabian Post

Union Properties Sees Q2 Profit Drop Despite Revenue Rise

Arabian Post Staff -Dubai Union Properties reported a sharp decline in second-quarter net profit, registering AED 8.74 million, a 52% fall from AED 18.3 million for the same quarter last year. The Dubai-listed developer attributed the downturn to heavier upfront investments channelled into development activities and upgrades to infrastructure across its portfolio. For the first half of 2025, profit stood at AED 14.56 million, significantly lower than the AED 34.77 million reported during the same period in 2024. Despite this decline in bottom-line earnings, the company recorded a notable improvement in revenue. Total income for the six-month period rose to AED 316 million, a 19% year-on-year increase compared to AED 266 million during the first half of 2024. ADVERTISEMENT The company's performance reflects a strategic pivot toward long-term asset enhancement, which has led to a temporary squeeze on margins. According to statements from company officials, this phase of intensified capital expenditure is aligned with efforts to revitalise core assets and push forward master-planned projects aimed at bolstering future recurring revenue. Union Properties has been seeking to reposition itself in the competitive Dubai real estate landscape, where both private and publicly traded developers are ramping up efforts to respond to shifting demand patterns in residential, commercial, and mixed-use spaces. The firm's latest investment push includes modernisation of infrastructure, land parcel optimisation, and enhancements across its flagship MotorCity community, as well as new project launches in high-growth corridors of Dubai. Market analysts indicate that the firm's choice to front-load development expenses may place temporary pressure on quarterly earnings but positions the company for stronger medium-term growth, particularly as Dubai's property sector remains buoyant. Real estate transaction volumes in the emirate have continued to show strength, driven by both domestic end-user demand and international investor interest. Union Properties has also been undertaking restructuring initiatives since 2022 in a bid to reverse a prolonged downturn marked by legal disputes, operational setbacks, and financial mismanagement. The group's current leadership has focused on stabilising the balance sheet, improving transparency, and advancing stalled developments. The company's equity structure has undergone changes, with efforts to attract new institutional investors and offload non-core assets. During the latest reporting period, the developer recorded a surge in project execution costs, which contributed to the narrowing of margins. Construction and infrastructure spending increased significantly, while administrative expenses remained relatively stable. The higher costs are partly reflective of an accelerated build-out of key developments and a recalibration of timelines to align with updated delivery schedules. The developer's revenue boost was attributed largely to stronger unit sales and improved rental income from existing properties. However, the impact of increased capital expenditure overshadowed these gains, resulting in lower profitability. The company's cash flow remains positive, supported by pre-sales and project advances, although liquidity management remains a focus area amid the ongoing investment cycle. Union Properties' board has reiterated its confidence in the current trajectory, describing the strategic investments as necessary for sustainable growth. Internal forecasts suggest that revenue streams will continue to expand into the second half of the year as multiple projects reach key development milestones. Delivery schedules have been tightened and operational efficiencies have been integrated to mitigate further cost overruns. The wider Dubai property market has shown continued resilience, with price growth moderating but staying positive. Analysts suggest that Union Properties' recent performance must be viewed in the context of its turnaround efforts and sector-wide transformation. Large-scale developers have increasingly shifted focus towards quality, lifestyle-oriented developments, a segment Union Properties is now actively targeting through its redevelopment strategy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store