IHC posts Dhs10.8bn H1 profit on robust revenues, strategic bets pay off

Abu Dhabi’s International Holding Company (IHC) reported a 31.1 per cent rise in revenue for H1 2025, reaching Dhs54.7bn, with net profit climbing to Dhs10.8bn, driven by strong portfolio performance, disciplined investments, and a standout second quarter.

The second quarter was among the group’s strongest, with revenue up 22.5 per cent year-on-year to Dhs27.5bn and net profit rising 55.3 per cent to Dhs6.7bn.

“Our H1 2025 results reflect the continued strength of IHC’s diversified model and the disciplined execution of our strategic investment agenda,” said Syed Basar Shueb, CEO of IHC. “By delivering outstanding portfolio performance and enhancing operating leverage, we are unlocking value across sectors while deepening our impact across regional and international markets.”

Key segments such as real estate, marine and dredging, hospitality and leisure, and financial services led topline and margin growth.

Real estate and construction contributed Dhs22.6bn in revenue, up 47.8 per cent year-on-year and accounting for over 41 per cent of the group’s topline.

Marine and dredging posted Dhs14.1bn, rising 10.8 per cent, while hospitality and leisure saw revenue jump 72 per cent to Dhs4.9bn. Financial services and energy also posted solid growth, rising 21.4 per cent and 161.3 per cent respectively.

Earnings per share stood at Dhs2.49, with return on equity at 10.8 per cent.

Total assets climbed to Dhs436.9bn, up 8.7 per cent from the end of 2024.

IHC’s strategic activity included the launch of Gridora, a national infrastructure platform formed with ADQ and Modon, and RIQ, an ADGM-based global reinsurance platform developed in partnership with BlackRock and Lunate.

Read: IHC, RIQ form 10-year alliance, positions Abu Dhabi as key reinsurance hub

The group also collaborated with ADQ and First Abu Dhabi Bank on a UAE dirham-backed stablecoin, and led its subsidiaries to the 2025 World Economic Forum in Davos.

Looking ahead, IHC said it is well-positioned to benefit from emerging market opportunities, supported by a growing international footprint, long-term capital strategy, and operational resilience.

IHC H1 2025 highlights

• Multiply Group acquired a 67.91 per cent stake in European fashion retailer Tendam.

• Reem Finance stake acquisition (69.33 per cent) to expand financial services presence.

• eFunder rebranded to Zelo, offering digital-first invoice financing for SMEs.

• Dirham-backed stablecoin project with FAB and ADQ to promote blockchain innovation.

• Modon entered UK real estate via a 50 per cent joint venture in London’s 2 Finsbury Avenue.

• Al Ain Farms acquired Al Jazira Poultry Farm for Dhs255m.

• Aldar expanded logistics footprint with Dhs530m ALMARKAZ acquisition.

• NMDC Group acquired 70 per cent of Emdad, adding recurring oilfield service revenue.

• Esyasoft bought UK-based Good Energy in a Dhs53m renewable tech push.

• PureHealth acquired a 60 per cent stake in Hellenic Healthcare Group for $2.3bn.

IHC said it will continue to “connect innovative businesses with long-term capital and operational excellence”, aiming to deliver scalable value while playing an active role in shaping the economic ecosystems of tomorrow.