q1 2025 highlights

The number of fund and asset managers at ADGM grew to 119 managing 184 funds in Q1

Passenger numbers rose 16 per cent year-on-year to 5.0 million with passenger load factor increasing to 87 per cent (+ 1 pp YoY); network and fleet expansion well under way

Air Arabia’s revenue rose by 14 per cent to Dhs1.75bn, with over 4.9 million passengers flown across six operating hubs

Recurring revenue from malls, hospitality, leisure, entertainment, and leasing reached Dhs2.6bn, up 11 per cent from Q1 2024

IHC’s revenue increased by 41.1 per cent year-on-year to Dhs27.2bn, supported by strong performance across core verticals