Dubai — International Holding Company (IHC) reported a robust first half of 2025, with revenue surging to Dh54.7 billion, a 31.1% year-on-year increase, and net profit reaching Dh10.8 billion, supported by a strong Q2 and key sectoral gains.
Second-quarter performance was especially strong, with revenue up 22.5% YoY at Dh27.5 billion, and net profit rising 55.3% to Dh6.7 billion. CEO Syed Basar Shueb credited the results to a disciplined investment approach and a diversified portfolio strategy.
Key sectors driving growth included Real Estate & Construction (Dh22.6 billion, up 47.8%), Marine & Dredging (Dh14.1 billion, up 10.8%), and Hospitality & Leisure (Dh4.9 billion, up 72%). The Energy segment saw a 161.3% increase, while Financial Services grew 21.4%.
The company’s earnings per share (EPS) climbed to Dh2.49, with return on equity (ROE) at 10.8%. Total assets reached Dh436.9 billion, up 8.7% since the end of 2024.
IHC also made major strategic moves in H1, including launching the AI-native reinsurer RIQ with BlackRock, infrastructure firm Gridora with ADQ, and a UAE-backed stablecoin project with FAB. Other highlights include European acquisitions by Multiply Group and PureHealth, and a 69.3% stake purchase in Reem Finance.
Looking ahead, IHC aims to deepen its footprint across global markets, with a focus on AI, infrastructure, healthcare, and sustainable investments.
