Alpha Dhabi Reports Strong Q1 2025 Performance, Driving Growth with AED 17.4 Billion Revenue and AED 4.4 Billion EBITDA

Alpha Dhabi Holding PJSC (“Alpha Dhabi”), one of the fastest-growing investment holding companies in the MENA region, has announced impressive financial results for the first quarter of 2025. The Group’s revenue reached AED 17.4 billion, a 23% year-on-year (YoY) increase, while adjusted EBITDA climbed to AED 4.4 billion, up 33% from the same period last year. This performance underscores the successful execution of Alpha Dhabi’s investment strategy, driven by a diverse portfolio spanning various sectors.

Strategic Growth and Investment Focus

Alpha Dhabi’s robust financial results reflect its ability to capitalize on opportunities created by growing economies, technological disruption, and sustainable business models. The Group’s revenue streams are underpinned by its strong presence in real estate, industrial sectors, construction, and services. Notably, real estate contributed AED 6.4 billion, industrial activities AED 6.2 billion, construction AED 2.7 billion, and services and other sectors AED 2.1 billion.

Continued Expansion and Strong Partnerships

Alpha Dhabi's continued momentum in executing its strategy is evident from its expanding portfolio. In Q1 2025, Alpha Dhabi became the majority shareholder of National Corporation for Tourism and Hotels (NCTH), signaling its ongoing commitment to the high-potential luxury tourism sector. In addition, the joint venture with Mubadala reached a significant AED 3.7 billion portfolio milestone, marking a key achievement for the two organizations in their shared investment strategy.

Chairman and CEO Remarks

H.E. Mohamed Thani Murshed Ghannam Al Rumaithi, Chairman of Alpha Dhabi Holding, expressed pride in the company’s performance, stating: “Alpha Dhabi started 2025 on a strong footing, following a year of transformation, and we are guided by a clear strategy for sustained growth. Our financial results for the quarter reflect this momentum, supported by our diverse and strategically positioned portfolio.”

Eng. Hamad Al Ameri, Managing Director and Group CEO, added: “Our Q1 2025 results, which show a 23% increase in revenue and a 33% rise in adjusted EBITDA, highlight the strength of our investment strategy. We focus on opportunities driven by expanding economies and technological advancements, which position Alpha Dhabi for long-term growth.”

Key Investments and Acquisitions

Alpha Dhabi's portfolio continues to expand with strategic investments and acquisitions. Some key highlights include:

• Aldar Properties: Successfully priced a AED 3.67 billion hybrid capital issuance.

• Trojan General Contracting: Achieved a 3 Pearl Estidama PBRS rating for Zayed International Airport, supporting sustainable construction.

• NMDC Energy: Inaugurated an advanced fabrication yard in Saudi Arabia, advancing its regional and global growth strategy.

• Enersol: Closed the acquisition of a 95% stake in Deep Well Services, aligning with its mission to revolutionize energy services through innovation.

Additionally, Alpha Dhabi increased its stake in luxury hospitality by acquiring a 73.73% controlling interest in NCTH, including several high-end properties like The St. Regis Saadiyat Island Resort and Cheval Blanc Randheli.

Looking Ahead

Alpha Dhabi is well-positioned for continued growth in 2025, with plans to explore more acquisition opportunities and further diversify its investment portfolio across high-growth, future-focused industries. The Group remains committed to expanding its footprint globally while maintaining a balanced, diversified portfolio for sustainable growth.