21 Hrs
Source:
الاقتصادية
Alpha Dhabi's profit drivers
Alpha Zabi Holding Company’s results for the first half of 2026 showed a 48% increase in profits, reaching 9.8 billion AED, with revenues rising by 5% to 37.6 billion AED. The growth is attributed to strong performance from its operating companies in the real estate, services, and industrial sectors, along with gains from the valuation of its investments in global technology firms such as SpaceX and Cirbris, which resulted in a 3.7 billion AED profit due to changes in their valuation assessments. The company is focusing on integrating artificial intelligence technologies into its operations to enhance efficiency and reduce costs, while maintaining a flexible financial strategy that allows for acquisitions and share buybacks. It also aims to expand its activities internationally, with the UAE continuing as its primary base.
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