Latest news with #GhithaHoldingPJSC
Al Etihad
30-07-2025
- Business
- Al Etihad
Ghitha Holding reports Dh2.61 billion revenue for H1 2025
30 July 2025 13:06 ABU DHABI (WAM) Ghitha Holding PJSC, a subsidiary of IHC, has announced its consolidated financial results for the six-month period ended 30th June 2025, with revenue growth and improved gross the first half of 2025, the group revenue rose to Dh2.61 billion, up 6.7 percent compared to same period last year. Gross profit reached Dh599.4 million, an increase of 23 percent YoY, reflecting the effectiveness of Ghitha's strategic pivot toward margin-led Holding's CEO, Falal Ameen, said, "Our first-half results demonstrate the strength of our strategy, with a clear focus on profitable growth, disciplined portfolio integration, and value-driven execution. Growth was driven by a combination of strategic acquisitions and internal margin expansion.""We continue to reshape our customer and channel mix, placing greater emphasis on profitable verticals, pricing discipline, and high-performing segments, a model that has consistently proven to strengthen our profitability and long-term sustainability. We also launched the SAP S/4HANA programme during the period, an important step in modernising our digital backbone to support future scalability and national food security goals."As part of its broader strategy to expand across various food segments, Ghitha continued to strengthen key verticals through mergers and acquisitions (M&A).In H1 2025, its subsidiary Al Ain Farms acquired Al Jazira Poultry Farm, a leading UAE-based poultry transaction, along with the successful acquisition of Arabian Farms last year, has further strengthened Ghitha's position in the protein vertical and reflects its long-term commitment to scaling high-demand categories within the national food value will build on this momentum by accelerating its operational transformation and advancing integration across its value chain. With the digitalisation programme underway and a robust M&A pipeline, the Group is well-positioned to drive scalable growth while reinforcing food system resilience in alignment with national priorities.
Mid East Info
20-05-2025
- Business
- Mid East Info
Ghitha Holding PJSC and ADNH Catering OPC Sign MoU to Explore Local Sourcing and Supply Chain Collaboration
Agreement reflects joint commitment to advancing national food security and industrial efficiency under Make it in the Emirates 2025 Abu Dhabi, UAE – May, 2025 – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering OPC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering OPC, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Zawya
20-05-2025
- Business
- Zawya
Ghitha Holding PJSC and ADNH Catering PLC sign MoU to explore local sourcing and supply chain collaboration
Abu Dhabi, UAE – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering PLC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Mid East Info
19-05-2025
- Business
- Mid East Info
Ghitha Holding PJSC and ADNH Catering PLC Sign MoU to Explore Local Sourcing and Supply Chain Collaboration
Agreement reflects joint commitment to advancing national food security and industrial efficiency under Make it in the Emirates 2025 Abu Dhabi, UAE – May , 2025 – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering PLC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Mid East Info
16-05-2025
- Business
- Mid East Info
Ghitha Holding Powering UAE's Food Security and Industrial Growth at Make it in the Emirates 2025 - Middle East Business News and Information
Ghitha Holding's AED 9.3 billion asset portfolio (as of 31 Dec 2024) aligns with National Food Security Strategy 2051, Abu Dhabi Economic Vision 2030, and UAE's industrial strategy Abu Dhabi, UAE – May , 2025: Ghitha Holding PJSC, a subsidiary of International Holding Company PJSC (IHC), and the UAE's diversified conglomerate spanning across agriculture, food production and distribution, will participate in the Make it in the Emirates (MIITE) Forum this year, showcasing its pivotal role in advancing food security and driving industrial growth. With a vast number of subsidiaries and associates spanning the entire value chain – from farming, production to trade, logistics, distribution, Ghitha embodies the core ambitions of MIITE 2025 – driving the future of manufacturing in the UAE, accelerating tech-driven innovation, empowering local talent, and expanding cross-border market access. As a vertically integrated powerhouse, Ghitha delivers a seamless supply chain from farm to table, ensuring reliable access to high quality food products for households, hospitality, and retail sectors. This integrated model helped Ghitha execute a stellar financial performance in 2024, posting nearly AED 5 billion in revenue – a robust 9% year-on-year hike. Gross profits soared by 26%, while managed assets surged to AED 9.3 billion, spotlighting the company's rapid expansion and operational fortitude. Issa Najeeb Khoory, Deputy CEO of Ghitha Holding shared: 'Ghitha Holding is proud to play a leading role at the Make it in the Emirates Forum this year; a gathering where innovation and purpose come together to fuel the UAE's industrial capacity, especially in food manufacturing. Powered by technology, local talent, and a focus aligned with food security, Ghitha has long been devoted to fostering growth that will endure for generations. Joining MIITE reinforces our role as a catalyst in building the future of manufacturing – fully aligned with the UAE's vision for a resilient, diversified, and globally competitive economy.' Championing Food Security and Agricultural Self-Reliance: Ghitha's core mandate is to strengthen the UAE's food supply chain – directly aligning with the National Food Security Strategy 2051. Subsidiaries such as NRTC, with a legacy of over 50 years, contribute to the local supply of fresh fruits and vegetables. Mirak, a pioneer in sustainable farming, supplies tones of premium produce through an integrated value chain. Scaling National Production in Dairy, Poultry & Seafood: In line with the UAE's industrial strategy and Abu Dhabi Economic Vision 2030, Ghitha's growing portfolio of dairy and protein companies support MIITE's efforts to boost local manufacturing and reduce import dependence across vital food sectors. Through its extensive network of subsidiaries, Ghitha holds a leading position across the dairy, poultry, and beverage markets in the UAE. Through its subsidiary, Al Ain Farms Group, that unites five renowned UAE companies under one umbrella (Al Ain Farms, Marmum Dairy, Ajban Chicken, Al Jazira Poultry Farm's Golden Eggs, and Saha Arabian Farms), Group supplies more than one-third of the nation's total consumption in these categories, underscoring its critical role in the country's food supply chain. Ghitha serves a significant portion of retail outlets across the UAE, ensuring consistent product availability and contributing to food security. With its portfolio of seafood produced in Asmak state of the art facility, leveraging advanced processing technologies and stringent quality standards, the company ensures the delivery of high-quality seafood to both local and regional markets. Localizing Manufacturing and Igniting Innovation: In support of MIITE's industrial development and innovation agenda, Ghitha is actively expanding the UAE's food manufacturing base and investing in advanced technologies. Abu Dhabi Vegetable Oil Company (ADVOC) is the only edible oil refinery in Abu Dhabi, while International Food Industries (IFI) in Fujairah specializes in high quality convenience foods such as corn, beans and chickpeas. Enabling Trade, Distribution & Supply Chain Efficiency: As MIITE emphasizes integrated value chains and competitive exports, Ghitha's logistics and trading subsidiaries serve as key enablers of trade and market resilience. Zee Stores, a prominent distribution and trading company, serves a variety of consumer, hospitality, and government sectors. Royal Horizon and Overseas Foodstuff Trading supply essential staples and manage institutional food programs.
