Latest news with #EmiratesStallionsGroup
Zawya
26-07-2025
- Business
- Zawya
ESG Emirates Stallions Group achieves strong H1 2025 performance
ESG posts solid half-year results, with operational profit before tax up 11% year-on-year to AED 131.77 million and revenue reaching AED 709.99 million Strategic expansion steps include the launch of a specialized real estate platform and regional expansion in Saudi Arabia Book value per share based on total equity rises to AED 10.70, supported by 7% growth in shareholders' equity Abu Dhabi, UAE: Emirates Stallions Group (ADX: ESG), the leading conglomerate with operations spanning from Workforce Solutions, Real Estate Development, Design & Interiors Manufacturing to Agriculture & Landscaping, and a subsidiary of IHC, announced today its financial results for the first half of 2025, achieving an 11% year-on-year growth in revenue to AED 709.99 million compared to H1 2024. Operational profit before tax also rose 11% year-on-year, reaching AED 131.77 million, underscoring the Group's continued momentum and operational efficiency. ESG maintained a solid financial position, with total shareholders' equity increasing by 7% compared to the end of December 2024, reaching AED 2.674 billion. Book value per share rose to AED 10.70, reaffirming the Group's commitment to delivering long-term value to its shareholders. H.E. Matar Suhail Al Yabhouni Al Dhaheri, Chairman of ESG, said: 'These results reflect our continued positive momentum and reinforce our position as a reliable and forward-looking player across our sectors. We remain committed to executing impactful growth strategies focused on innovation, empowering our teams, and expanding both locally and regionally.' Kayed Ali Khorma, CEO of ESG, added: 'We continue translating our vision into tangible achievements through measured expansion, enhanced integration across our businesses, and investments in our operational and production capabilities. These initiatives support our sustainable growth ambitions and position us to capitalize on future opportunities across the markets we serve.' During the quarter, ESG advanced several strategic initiatives aligned with its long-term vision. These included the launch of a new platform uniting specialized real estate development entities, the signing of strategic partnerships for premium residential projects, and regional expansion through new branch openings and increased production capacity to meet rising demand across GCC markets. About Emirates Stallions Group (ESG): Emirates Stallions Group, a subsidiary of International Holding Company (IHC), is a leading provider of Manpower Supply, Workers & Staff Accommodation solutions, as well as Landscaping & Agriculture, Real Estate Development, Engineering Project Management and associated services to Construction, Development & Hospitality. With this holistic approach, ESG provides public and private entities as well as investors with comprehensive solutions at every phase of the project. Since it was established in 2008, the Abu Dhabi-based ESG has witnessed remarkable growth and expanded its activities to global markets across more than 20 countries in the Middle East, Asia, Africa, Europe, and the Americas. True to its vision to 'Be a leading force in building a resilient future,' ESG has placed itself at the center of the UAE's economic boom, stressing its core values of 'integrating for impact, creativity, adaptability, and driving client success.' With total assets of AED 3.8 billion as of 30 June 2025, the Group is set for phenomenal growth both inside the UAE and abroad. About IHC: Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts. At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment.
Al Etihad
25-07-2025
- Business
- Al Etihad
ESG reports strong H1 2025 growth as profit and revenue rise 11%
25 July 2025 20:24 ABU DHABI (ALETIHAD)Emirates Stallions Group, a subsidiary of International Holding Company (IHC) and an ADX-listed company, posted robust results for the first half of 2025, with operational profit before tax increasing by 11% year-on-year to Dh131.77 million, and revenue also climbing 11% to Dh709.99 Group maintained a strong financial position, with shareholders' equity rising 7% since the end of December 2024 to Dh2.674 billion. The book value per share increased to Dh10.70, underlining the company's focus on delivering long-term shareholder value. Total assets as of 30 June stood at Dh3.8 on the performance, Matar Suhail Al Yabhouni Al Dhaheri, Chairman of ESG, said: 'These results reflect our continued positive momentum and reinforce our position as a reliable and forward-looking player across our sectors. We remain committed to executing impactful growth strategies focused on innovation, empowering our teams, and expanding both locally and regionally.'ESG's Chief Executive Officer, Kayed Ali Khorma, highlighted the company's progress in implementing its strategic vision: 'We continue translating our vision into tangible achievements through measured expansion, enhanced integration across our businesses, and investments in our operational and production capabilities. These initiatives support our sustainable growth ambitions and position us to capitalise on future opportunities across the markets we serve.'During the quarter, ESG advanced key strategic initiatives aligned with its long-term outlook. These included the launch of a dedicated platform that brings together specialised real estate development units, the signing of new strategic partnerships for premium residential projects, and regional expansion through new branch openings and added production capacity to meet rising demand in the GCC. Established in 2008 and headquartered in Abu Dhabi, ESG operates in over 20 countries across the Middle East, Asia, Africa, Europe, and the Americas. Its diversified business spans workforce solutions, real estate development, engineering project management, agriculture and landscaping, and design and interiors manufacturing. The Group continues to play a central role in supporting the UAE's economic diversification and infrastructure development. Source: Aletihad - Abu Dhabi
Zawya
09-07-2025
- Business
- Zawya
Royal, SAAS announce sell out of Phase 1 of Abu Dhabi waterfront project
UAE - Royal Development Holding, a subsidiary of Emirates Stallions Group and its partner, luxury developer SAAS Properties, have announced the complete sell-out of the Phase I of its new waterfront landmark - Seamont Autograph Collection Residences - located on Abu Dhabi's Shams Al Reem Island. An AED 1.6 billion ($435 million) project, Seamont Autograph Collection Residences is being developed in collaboration with Marriott International. Project is expected to be completed and handed over by Q4 of 2028, said the statement from the developer. Strategically located near Downtown Reem Island, Maryah Island, Louvre Abu Dhabi, Saadiyat Beach Club and Abu Dhabi International Airport, the development offers unparalleled connectivity and urban convenience, said the developer at an exclusive launch event held at Abu Dhabi's St. Regis Hotel at Saadiyat Island. It will be Abu Dhabi's first Autograph Collection branded residences, thus marking a milestone in the city's luxury residential landscape and offering residents the curated hospitality and lifestyle experience synonymous with Marriott. Overlooking the canal, Seamont features 497 luxurious units, including 1-to-3-bedroom apartments, 4-bedroom townhouses and signature penthouses offering panoramic views of the Arabian Gulf and Saadiyat Island's cultural district. Royal Development Holding said there was an overwhelming response for the project from the investors with the Phase I units fully sold out. Buoyed by the success, the developer has now begun accepting expressions of interest for its second phase. This rapid sell-out reflects the growing investor and buyer confidence in Abu Dhabi's premium residential market and the rising demand for globally branded, experience-led living, it added. Tariq Nazzal, General Manager of Royal Development Holding said: "Seamont Residences introduces a new benchmark in premium waterfront living. Embodying the authentic and unique character of Autograph Collection properties, every element within the project demonstrates our mission of evolving spaces and elevating lives." Inspired by the fluidity of water, the project's design harmonizes urban elegance with coastal tranquility, he noted. "Boasting open-sea views, world-class amenities and direct access to the capital's cultural and commercial hubs, the exceptional sales performance of Phase 1 illustrates Seamont's premium positioning and undeniable appeal," he stated. Ahmed Al Qassimi, CEO of SAAS Properties, said: "Seamont is a testament to our commitment to thoughtful design, innovation, and community-centric living. It stands out as a distinctive destination that merges elegance, comfort, and a curated lifestyle experience that redefines branded residences in the capital." Residents will benefit from concierge and 24/7 housekeeping services, as well as access to a thoughtfully curated suite of wellness and lifestyle amenities, including pools, a kids' club, a cinema, a games room, a residents' lounge, fully-equipped gyms, spa facilities and outdoor zones for yoga, meditation, family recreation and leisure, he stated. Seamont homeowners will also enjoy enhanced benefits through the Marriott Bonvoy Loyalty Program, including automatic Gold Elite status and exclusive lifestyle privileges, he added.
Zawya
11-06-2025
- Business
- Zawya
Emirates Stallions' unit partners with SAAS to develop $435mln project
Abu Dhabi – Royal Development Holding, a subsidiary of Emirates Stallions Group (ESG), has partnered with UAE-based luxury property developer SAAS Properties to launch its branded residences development on Al Reem Island. The AED 1.60 billion project is part of the Autograph Collection by Marriott, according to a press release. It marks Royal Development Holding's first milestone as a luxury real estate developer in the UAE Tariq Nazzal, General Manager of Royal Development Holding, said: 'Our new venture with Marriott is just the beginning of a series of luxury developments that will showcase our innovation, creativity, and craftsmanship in evolving spaces and elevating lives.' Ahmed Al Qassimi, CEO of SAAS Properties, said: 'Through this development, we aim to enrich Abu Dhabi's evolving skyline and deliver a distinctive lifestyle offering that embodies our signature approach to luxury, design excellence, and purposeful living.' Last May, Emirates Stallions Group signed a 16-year deal for the usufruct rights of 13,000 square meters of warehouse space in Saudi Arabia, expanding its footprint in the GCC region. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Khaleej Times
04-06-2025
- Business
- Khaleej Times
Emirates Stallions Group builds on real estate success with launch of Royal Development Holding
Emirates Stallions Group, a leading UAE conglomerate and a subsidiary of International Holding Company, has launched Royal Development Holding, a boutique real estate developer aiming to evolve spaces and elevate lives. As part of its launch, Royal Development Holding unifies a group of specialized real estate development entities including Royal Development Company (RDC) and Royal Architect Project Management (RAPM), while paving the way for the introduction of new companies that will further strengthen its market presence and capabilities. The launch of Royal Development Holding marks a new era for the Group, enabling it to enhance its presence in the real estate value chain. By adding boutique real estate development capabilities, ESG strengthens its offerings to provide comprehensive, end-to-end solutions that elevate living experiences and support its long-term growth strategy. Kayed Ali Khorma, CEO of ESG, stated: 'Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe enriching our expertise in the real estate sector. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will build lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.' In today's crowded real estate landscape, developers are racing towards creating integrated, intelligent, and inspiring communities that respond to the changing needs of society, provide futureproof living solutions and foster a sense of belonging. With Royal Development Holding stepping into the spotlight as a forward-thinking boutique developer, it underlines a solid commitment to shaping ecosystems that offer a blend of functionality, well-being, and sustainability, and creating vibrant developments that shape the future of intelligent and connected living. Tariq Nazzal, General Manager of Royal Development Holding, commented: 'At Royal Development Holding, we continuously enhance our performance and expand our activities by listing several of the Group's real estate development and project management companies under Royal Development Holding. This is in line with our vision of constant growth and transformation. By integrating innovation, sustainability, and creative design, we will be crafting truly transformational projects that redefine modern living and elevate lifestyles.'
