Sand's H1 revenue up 35% to 4.31B dirhams
Sand Company, a wholly owned subsidiary of Mubadala Investment Company, achieved revenues of 4.31 billion dirhams in the first half of 2026, marking a 35% increase compared to the same period last year. This growth is driven by the rising global demand for maintenance, repair, and overhaul (MRO) services provided by the company. International clients contributed 99% of total revenue, and Sand successfully signed eight agreements worth 95.5 million dirhams to expand its presence in international markets. The company has expanded its capabilities in aircraft engine support and invested more than 800 million dirhams in developing services and infrastructure, including the establishment of an engine component repair center in Al Ain at a cost of 480 million dirhams. This facility is expected to begin operations in 2030, further positioning Abu Dhabi as a global hub for the aerospace industry. Additionally, the company's workforce has grown by 44% to reach 898 employees, with the localization rate increasing to 36.9%. Sand has also partnered in training programs and initiatives to qualify and empower national talents in this vital sector.
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