2PointZero Group, a leading Abu Dhabi-based investment holding firm, reported a revenue of AED 21.9 billion ($5.96 billion) for the first half of 2026, delivering a group net profit of AED7.7 billion ($2.1 billion).
This robust performance is reflected in the group’s adjusted EBITDA, which reached AED5.0 billion after excluding fair value changes and one-offs.
Net profit from the group’s businesses increased by 2,301% year-on-year (YoY), driven by the consolidation of Tendam and the mega-merger to form 2PointZero Group, and growth was also supported by new investments in African financial services, entry into the European packaging markets, and steady operational progress across all verticals, bringing the total reported net profit to AED7.7 billion, the group said.
Through continued operational integration, the adoption of more AI tools and ongoing cost optimisation, the group strengthened its operational performance. This helped group revenue rise to AED21.9 billion, while the blended gross profit margin remained stable at 29% to sustain long-term profitability across the core portfolio.
Samia Bouazza, CEO of 2PointZero said: “The first half of 2026 demonstrates the strength of the platform we have been building over several years. We delivered revenue of AED21.9 billion, representing a 114% increase on a pro forma like-for-like basis, and group net profit of AED7.7 billion, comprising AED2.2 billion from our operating businesses alongside one-off gains from our investment portfolio, including SpaceX, Anthropic, and other investment gains, while continuing to strengthen the quality of our portfolio and the resilience of our balance sheet.
Beyond the financial results, this period marked an important step in the evolution of 2PointZero.
“The company completed the successful monetisation of its TAQA investment, demonstrating our ability to divest some assets at the right time, expanded into North American energy infrastructure through the acquisition of Traverse Midstream Partners, representing ePointZero's largest investment in energy infrastructure to date. Each transaction reflects our disciplined approach to capital allocation and our commitment to building globally relevant businesses geared towards solving global bottlenecks,” said Bouazza.
“Our recognition by TIME as one of the World’s Growth Leaders reflects not only our pace of growth, but also the stability, operational discipline, and long-term mindset that define our organisation,” she said.
Supported by a strong group cash position of AED13.7 billion, the company remains well positioned to invest through market cycles. In today's environment, sitting on cash is a strategic advantage, she said.
“As we enter the second half of the year, we continue to strengthen the platform for long-term growth. Nearly 10% of our workforce consists of AI co-workers, embedded across the Group to improve productivity, accelerate decision-making, and strengthen operational performance. Together with our disciplined capital allocation and strong financial position, this gives us confidence in our ability to create long-term shareholder value.” – TradeArabia News Service
