APEX INVESTMENT-

Abu Dhabi-based holding company Apex Investment saw its net income increase more than fivefold to AED 97.2 mn in 2Q 2025, up from the AED 18.7 mn recorded in 2Q 2024, according to its financials (pdf). Quarterly revenues fell 11.5% y-o-y to AED 203.5 mn.

For the first half of the year, Apex posted AED 71.6 mn in net income, up 211.1% from the same period last year. On the other hand, revenues fell 6.0% to AED 399.9 mn. In the first quarter of this year, the holding company posted a net loss of AED 25.6 mn.

EMIRATES STALLIONS GROUP-

EmiratesStallions Group’s net income dipped 11.9% y-o-y in 1H 2025 to AED 115.44 mn, according to its financials (pdf). The company saw revenues grow 11% y-o-y to AED 710 mn as it pushed forward with regional expansion and new real estate initiatives, according to a separate earnings release (pdf).

REMEMBER- The IHC subsidiary launched a new real estate development platform, Royal Development Holding, and expanded its footprint in Saudi Arabia through a 16-year usufruct agreement for 13k sqm of warehouse space in the Kingdom during the first half.

ADNH CATERING-

ADNHCatering, Abu Dhabi National Hotels’ catering arm, saw its net income grow 9.4% y-o-y to AED 34.7 mn in 2Q 2025, according to its financials (pdf). Revenues rose 4.8% to AED 427.7 mn during the quarter.

On a six-month basis, the company saw a 6.3% y-o-y uptick in its bottom line to AED 73.7 mn, with strong performance from new and existing contracts and better margins driving growth, according to a separate earnings release (pdf). Its top line also rose 15.3% y-o-y to AED 838 mn. Improved operational efficiency and supply chain management also drove growth.

Expansion across business lines continued: The firm expects regulatory approval to boost its stake in Saudi JV Compass Arabia in 3Q 2025, which it sees setting the foundations for more expansion in the Kingdom. The firm is eyeing SAR 500 mn growth in the Kingdom over the next five years.

**This story was amended to clarify that ADNH Catering is boosting its stake in Saudi JV Compass Arabia, not fully taking over the JV. 

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