ABU DHABI, 30 October 2026: 2PointZero Group, the Abu Dhabi-based investment holding company listed on the Abu Dhabi Securities Exchange (ADX), reported revenue of AED 33.7 billion and net profit of AED 9.5 billion for the first nine months of 2026, supported by growth across its businesses and gains on its investment portfolio.
The company said revenue increased 106 per cent on a pro forma year-on-year basis, while reported net profit rose 33 per cent on the same basis. Net profit included AED 5.8 billion in net fair value gains on investments.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA), excluding fair value changes and one-off items, reached AED 7.5 billion.
The group reported AED 15.7 billion in cash and bank balances, AED 155 billion in total assets and AED 8.5 billion in net cash generated from operating activities.
Expansion into US and African energy markets
During the third quarter, 2PointZero, through its subsidiary ePointZero, agreed to acquire a 90 per cent stake in Azura Power Holding Limited, an African independent power producer with more than 750 megawatts of operating capacity and a development pipeline exceeding 1.5 gigawatts.
The company also completed its USD 2.25 billion acquisition of Traverse Midstream Partners in July, marking its first investment in US natural gas infrastructure.
The transaction provides interests of 35 per cent in the Rover Pipeline and 25 per cent in the Ohio River System, both operated by Energy Transfer.
UAE businesses contribute to growth
Among the group’s subsidiaries, Ghitha Holding reported a 27 per cent increase in nine-month revenue to AED 5.1 billion, while Emirates Mobility recorded revenue of AED 538 million and net profit of AED 211 million.
Ghitha also signed an agreement with Amazon to explore initiatives connecting UAE farms with consumers through Amazon Now, including potential distribution infrastructure at Dubai’s Food Tech Valley.
Meanwhile, the group’s mining arm, International Resources Holding, signed an agreement with Adani Enterprises and the Government of Odisha to develop a proposed USD 11.5 billion aluminium project in India.
2PointZero said its shares were also added to ADX’s single-stock futures offering, while FAB Securities and Cantor Fitzgerald initiated analyst coverage during the year.
The company said its expansion strategy remains focused on energy, mining, consumer businesses and investments.
