Latest news with #AlphaDhabi
Al Etihad
4 hours ago
- Business
- Al Etihad
Alpha Dhabi posts Dh6.6 billion net profit in H1
1 Aug 2025 12:54 ABU DHABI (WAM) Alpha Dhabi Holding has announced its financial results for the first half of 2025, reporting a net profit of Dh6.6 billion. Adjusted EBITDA rose to Dh8.7 billion, marking a 34 percent increase compared to the same period last 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 Dh35.9 billion, an increase of 23 percent group's financial position remains robust, with total assets of Dh198.4 billion and equity of Dh98.1 billion, as it delivers on the group's vision for 2030 by focusing on innovation, strategic growth, and community 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 (Dh13.4 billion), real estate (Dh12.8 billion), construction (Dh6 billion), as well as services and other segments (Dh3.7 billion).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 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 Dh4.6 billion generated from outside the UAE by ADH's portfolio 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.
Zawya
8 hours ago
- Business
- 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
Entrepreneur
11-07-2025
- Business
- Entrepreneur
Editor's Note: Wio Bank has Changed the Game for Startups
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. As most of our readers will tell you, the single hardest thing about starting a new business in the UAE is opening a business bank account. Most banks are stuck in the 70s when it comes to the process. Even some of the most impressive, technologically advanced banks (I won't name them) find ways to complicate the process. It usually takes at least six weeks to do so, an enormous amount of paperwork and endless visits to the bank in person. Even once set up, the process of actually activating an account, obtaining a cheque book and debit card, is equally horrendous. All this can hugely complicate the workings of any start up. Licenses need to be obtained – which require bank guarantees. Basic capital costs have to be met, usually through a founder's personal savings and then recouped later. Thankfully, this nightmare is now over – thanks to Wio Bank. ADQ and Alpha Dhabi are the primary shareholders with a combined stake of 65%, while e& holds 25%, and First Abu Dhabi Bank 10%. Between them, they have somehow managed to totally change the game for start-ups. The entire application process can only be done through an app, takes only ten minutes, and most accounts are both approved and active in less than 30 hours. Yes, you read that right – 30 hours. I challenge any of the traditional banks to even get the process done in three days – there is zero chance of them doing so. Three weeks at absolute best. Just to be clear, I know all this because I recently opened a Wio business account. Apart from the incredibly smooth opening process, the actual operation of the account – and small things such as allowing multiple users that make a big difference – has been staggeringly good. Wio was only established with an initial capital of US$626.7 million. In May 2024, Wio Bank announced that it had achieved profitability in its first full year, reporting revenue of $72.6 million and a net profit of $545,000 in 2023. It already serves more than 200,000 customers across Wio Business and Wio Personal. More importantly, I believe it has completely changed the game. And that can only be a good thing.
Zawya
22-05-2025
- Business
- Zawya
C3 launches Enersol Energy Challenge to power the future of energy innovation in the UAE
Seeking 8–10 standout start-ups in AI, robotics, decarbonization, smart-tech and operational efficiency Finalists will showcase at ADIPEC 2025 and connect with top-tier partners and investors Abu Dhabi, UAE – C3, a B Corp™ certified impact platform that supports entrepreneurs across the region, today launched the Enersol Energy Challenge, a bold new entrepreneurship programme that will identify and support startups with high potential to transform the energy sector. The programme has been created by Enersol, the pioneering joint venture by ADNOC Drilling and Alpha Dhabi, in partnership with C3. Launched at Make It In The Emirates, the Enersol Energy Challenge will support 8 to 10 early-stage startups with innovative technologies in fields including operational efficiency, robotics, emissions reduction, measurement-while-drilling, internet of things (IoT), circular economy and next-generation resource optimization. Finalists will attend a tailored two-week bootcamp in the UAE, with access to expert coaching, technical mentorship, potential investors and business development training from leaders in energy innovation. Medea Nocentini, Founder of C3 and Senior Partner at Global Ventures, said: 'The Enersol Energy Challenge reflects our commitment to advancing the UAE's innovation ecosystem by equipping entrepreneurs with the expertise and investment access needed to transform the future of energy. We are here to help turn bold ideas into scalable solutions.' Finalists will present their solutions at the Grand Pitch Showcase in October 2025, to an audience of potential investors, partners and industry decision-makers. Select finalists will also be featured on the Enersol stand at ADIPEC 2025, the world's largest energy conference, amplifying visibility and opening doors to strategic partnerships and investment. The program supports Enersol's vision to lead the EnergyTech revolution and accelerate the UAE's leadership in sustainable energy solutions. Applications are now open. For more information and to apply, visit To learn more about Enersol, visit About C3 C3 is a B Corp™ certified impact platform, bridging innovation, investment, and purpose by connecting startups, corporates, governments, investors, and experts through dynamic collaborations, tailored programmes, and high-impact initiatives. C3's mission is to put business to its best possible use and help them get great at solving the world's most pressing issues. Stay Connected: Please visit C3's website for more info: For inquiries: info@ About Enersol Enersol is a joint venture between ADNOC Drilling and Alpha Dhabi. The company was created to generate change in the oilfield and energy services industries by acquiring and growing AI, advanced technology and digitization companies with the latest sector specific technology. With a mission to raise the standards of the sector, through improved efficiencies, safety and growth.
Zawya
09-05-2025
- Business
- Zawya
Adnoc Drilling sets $700mln for new acquisitions
ANOC Drilling Company has allocated around $700 million for new acquisitions in 2025 within a strategy to expand locally and in foreign markets, its CEO has said. The acquisitions would be carried out through Enersol, a joint venture created last year between ADNOC Drilling and Alpha Dhabi Holding, CEO Abdulrahman Abdulla Al Seiari told the UAE semi-official daily Alittihad on Friday. He said Enersol has completed four acquisition operations worth nearly $800 million since it was created by the two UAE firms, including the purchase of 95 percent of the shares of the US Deep Well Services Company in March. 'Adnoc Drilling is working to expand the scope of its operations in Abu Dhabi and other regions…we have plans to expand in Kuwait and Oman by bidding for contracts there given the significance of these two markets,' he said. Al-Seiari revealed the company is targeting to boost its revenues to nearly $5 billion in 2026. (Writing by Nadim Kawach; Editing by Anoop Menon) (
