Alpha Dhabi Holding PJSC

Logotype for Alpha Dhabi Holding PJSC
Ticker/ISIN
ALPHADHABI
AEA007601015
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
16.58 AED
2024-02-21

Year to date

-0.12 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Company was incorporated in 2013 and specialized in: - Commercial Enterprises Investment, Institution and Management - Agricultural Enterprises Investment, Institution and Management - Industrial Enterprises Investment, Institution and Management

Latest Pressrelease Summaries

Alpha Dhabi Holding PJSC (ADH) has completed the sale of a 49% stake in its subsidiary, Alpha Dhabi Construction Holding (ADCH), to ADQ, an Abu Dhabi-based investment company. ADH retains a 51% share in ADCH, maintaining its involvement in the construction sector through this strategic partnership. ADCH, led by ADH subsidiary Trojan Construction, is known for its role in national development projects in the UAE, including the Zayed National Museum and the Guggenheim Museum, as well as large-scale residential projects. The partnership aims to enhance ADCH’s industry leadership and support Abu Dhabi’s growth through combined expertise. Hamad Al Ameri, CEO & MD of ADH, expressed enthusiasm for the collaboration, highlighting its potential to advance national development and improve project execution. The agreement comes amid significant investments in Abu Dhabi’s construction sector to boost housing, employment, and economic diversification. Alpha Dhabi Holding, established in 2013, is a prominent UAE investment company with over 250 businesses across various industries, employing more than 95,000 people.
On September 9, 2024, OCI Global (Euronext: OCI), a major global producer and distributor of hydrogen products, announced that it has reached an agreement to sell 100% of its equity interests in its Global Methanol Business. The transaction is expected to close in 2025, pending antitrust regulatory approvals, customary closing conditions, and OCI shareholder approval. As part of this transaction, Alpha Dhabi Holding PJSC will exit its 11% equity stake in OCI's Global Methanol Business, known as OCI Clean Fuels Limited.
Enersol, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, has signed an agreement to acquire a 100% equity stake in EV Holdings Ltd. for approximately $45 million. EV Holdings is a global provider of vision-based diagnostics and analytical services in the oil and gas sector, with a presence in 36 countries. This acquisition aligns with Enersol's strategic vision to become a technology-centric investment platform and marks its third acquisition, bringing total commitments to around $550 million since inception. The transaction is subject to regulatory approvals and closing adjustments.
ALPHA DHA BI HOLDING PJSC has released a review report and interim condensed consolidated financial statements for the six-month period ending on June 30, 2024. These statements are unaudited.
The text pertains to a discussion and analysis by the management regarding the financial period ending on June 30, 2024, scheduled for July 31, 2024. It is related to investor relations and is identified by a Docusign Envelope ID: 87FC8DEC-5698-4480-AAD1-5DEEEDA2D4D8.
On 26th July 2024, the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange received a notification from Alpha Dhabi Holding PJSC regarding an upcoming Board of Directors' meeting. The meeting is scheduled for Wednesday, 31st July 2024 at 9:00 pm. The agenda includes reviewing the consolidated financial statements for the quarter ending 30th June 2024 and discussing other general business matters. The letter was signed by Hamad Salem Alameri, the Managing Director, and a copy was sent to H.E. Dr. Maryam Butti Al Suwaidi, CEO of the Securities and Commodities Authority.
Ener sol has signed an agreement to acquire a 51% equity stake in NTS AMEGA for $581 million. NTS AMEGA is a global manufacturer of advanced precision equipment for the energy sector. This acquisition will enable ADNOC Drilling to benefit from Enersol’s AI, digitization, and advanced technology. This is Enersol’s second acquisition, emphasizing its focus on technology-centric investments. The transaction, which is subject to regulatory approvals and closing adjustments, will make Enersol the majority equity holder. NTS AMEGA provides advanced manufacturing and repair solutions for the oil and gas industry, with operations in several countries. NTS reported strong financials in FY2023, with over $120 million in revenue and a robust EBITDA margin, presenting significant value for Enersol’s shareholders.
ADNOC Drilling and Alpha Dhabi's joint venture, Enersol, has increased its equity stake in Gordon Technologies to 67.2% by acquiring an additional 42.2% stake for approximately $270 million. This acquisition, which makes Enersol the majority equity holder, will be funded 80% upon closing, with the remaining amount to be paid over the next two years subject to performance conditions. The transaction is pending regulatory approvals and closing adjustments. Gordon Technologies, a debt-free provider of measurement while drilling (MWD) technology, has established operations in Abu Dhabi to commence field operations in the MENA region by Q2 2024. The acquisition is expected to be economically beneficial to Enersol, enhancing profitability, cash flow, and dividend potential. Enersol aims to invest in multiple businesses to support the UAE’s energy security, net zero agenda, and economic diversification efforts. The company will leverage AI, digitization, and advanced technologies to bring accretive returns to shareholders.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Closing the divest of 49% of Alpha Dhabi Construction Holding to ADQ

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Announcements

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC General Press Release

Alpha Dhabi Holding PJSC (ADH) has completed the sale of a 49% stake in its subsidiary, Alpha Dhabi Construction Holding (ADCH), to ADQ, an Abu Dhabi-based investment company. ADH retains a 51% share in ADCH, maintaining its involvement in the construction sector through this strategic partnership. ADCH, led by ADH subsidiary Trojan Construction, is known for its role in national development projects in the UAE, including the Zayed National Museum and the Guggenheim Museum, as well as large-scale residential projects. The partnership aims to enhance ADCH’s industry leadership and support Abu Dhabi’s growth through combined expertise. Hamad Al Ameri, CEO & MD of ADH, expressed enthusiasm for the collaboration, highlighting its potential to advance national development and improve project execution. The agreement comes amid significant investments in Abu Dhabi’s construction sector to boost housing, employment, and economic diversification. Alpha Dhabi Holding, established in 2013, is a prominent UAE investment company with over 250 businesses across various industries, employing more than 95,000 people.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Announcements

On September 9, 2024, OCI Global (Euronext: OCI), a major global producer and distributor of hydrogen products, announced that it has reached an agreement to sell 100% of its equity interests in its Global Methanol Business. The transaction is expected to close in 2025, pending antitrust regulatory approvals, customary closing conditions, and OCI shareholder approval. As part of this transaction, Alpha Dhabi Holding PJSC will exit its 11% equity stake in OCI's Global Methanol Business, known as OCI Clean Fuels Limited.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC General Press Release

Enersol, a joint venture between ADNOC Drilling Company and Alpha Dhabi Holding, has signed an agreement to acquire a 100% equity stake in EV Holdings Ltd. for approximately $45 million. EV Holdings is a global provider of vision-based diagnostics and analytical services in the oil and gas sector, with a presence in 36 countries. This acquisition aligns with Enersol's strategic vision to become a technology-centric investment platform and marks its third acquisition, bringing total commitments to around $550 million since inception. The transaction is subject to regulatory approvals and closing adjustments.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Financial Results for the Period Ended June 30,2024

ALPHA DHA BI HOLDING PJSC has released a review report and interim condensed consolidated financial statements for the six-month period ending on June 30, 2024. These statements are unaudited.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Financial Results Summary for the Period Ended June 30,2024

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Management Report for the Period Ended June 30,2024

The text pertains to a discussion and analysis by the management regarding the financial period ending on June 30, 2024, scheduled for July 31, 2024. It is related to investor relations and is identified by a Docusign Envelope ID: 87FC8DEC-5698-4480-AAD1-5DEEEDA2D4D8.

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Board Meeting Results held on 31/07/2024 at 22:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From Alpha Dhabi Holding PJSC

Disclosures: Alpha Dhabi Holding PJSC Financial Results Summary for the Period Ended June 30,2024

1. Attached Document

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