Ghadir Half-Year Profit Rises to 66.62M AED
Al Ghidha Holding Company announced its financial results for the first half of 2026, recording a 28% increase in revenues to AED 3.4 billion, and an 11% rise in profits to AED 666.2 million. The strong growth was driven by increased demand for essential products and the continued implementation of strategic initiatives, including its acquisition of Taza and the execution of a memorandum of understanding with Mazzar Al Ain Group to establish a local juice platform and integrate Taza’s operations to enhance its capabilities in fresh products and distribution. Additionally, the group upgraded its technological infrastructure through an SAP enterprise resource planning system to boost efficiency and improve the supply chain, all while focusing on sustainable growth and reinforcing its role in supporting the UAE's food security.
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