IHC Q1 2026 profit nearly doubles on investment gains, portfolio growth
IHC’s revenue reached Dhs31.4bn in Q1 2026, representing a 33.2 per cent year-on-year increase
07 May, 2026
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International Holding Company (IHC) reported a 98.5 per cent rise in first-quarter profit on Wednesday, supported by strong operating performance, investment income and growth across its diversified portfolio.
The Abu Dhabi-based investment company posted net profit of Dhs8.2bn for the three months ended March 31,
Revenue rose 33.2 per cent year-on-year to Dhs31.4bn.
IHC said performance during the quarter was supported by broad-based contributions across its core segments, margin expansion, portfolio optimisation, a resilient balance sheet and a strong liquidity position.
Total assets stood at Dhs445.3bn as of March 31, compared with Dhs428.6bn at the end of 2025. Total equity reached Dhs249.1bn, while cash and bank balances stood at Dhs74.7bn. The group reported a quick ratio of 2.7 times.
“Q1 2026 marks a strong start to the year, reflecting the continued execution of our strategy to scale high-performing platforms and optimise capital allocation across the portfolio,” chief executive Syed Basar Shueb said in a statement.
“Our performance demonstrates the strength of our diversified model, with broad-based growth, margin expansion, and a significant uplift in profitability,” he added.
IHC announced strategic partnerships in Q1
During the quarter, IHC announced a series of strategic transactions and partnerships across sectors including finance, energy, infrastructure, healthcare and technology.
The company entered a strategic collaboration with the US International Development Finance Corporation to support investments across emerging markets.
IHC, Sirius International Holding and First Abu Dhabi Bank also received approval from the UAE central bank for DDSC, a UAE dirham-backed stablecoin aimed at enabling institutional payments, settlement and trade flows.
In India, IHC completed the acquisition of a 26.7 per cent stake in Sammaan Capital for $600m, expanding its presence in the country’s financial sector.
The group also announced a partnership with IFZA at the World Economic Forum Annual Meeting 2026 to co-develop free zones and economic platforms.
Among other deals, ePointZero signed an agreement to acquire 100 per cent of Traverse Midstream Partners for $2.25bn, expanding its presence in global gas infrastructure, while IRH Global Trading signed a 20-year LNG sale and purchase agreement securing 1 MTPA of supply.
IHC’s subsidiary 2PointZero Group invested in WHOOP’s Series G financing round and acquired a 60.8 per cent stake in ISEM Packaging Group, strengthening its presence in the wellness and European packaging sectors.
Read: UAE’s 2PointZero unit acquires stake in US wearable tech firm Whoop
Elsewhere, Beltone Capital acquired a 100 per cent stake in Baobab Bank to expand in African microfinance markets, while Al Seer Marine expanded its partnership with Harris Technologies to develop maritime unmanned systems.
IHC also highlighted global engagement and sustainability initiatives during the quarter, including participation at the World Economic Forum Annual Meeting 2026, a multi-year partnership with Global Citizen, and sustainability-related recognition for subsidiaries including Aldar, NMDC Group and Burjeel Holdings.
The group said it remains focused on sustaining growth through capital allocation discipline, portfolio optimisation and international expansion across sectors including technology, infrastructure, financial services and consumer industries.























