Abu dhabi: IHC, a global investment company, has announced its financial results for the first quarter of 2026, showing a revenue of AED31.4 billion, a 33.2% increase compared to the previous year. The Group's profit after tax nearly doubled to AED8.2 billion, reflecting a 98.5% rise driven by robust operating performance, investment income, and strategic execution across its portfolio.
According to Emirates News Agency, IHC sustained strong growth momentum across its diverse portfolio, contributing to enhanced profitability and reinforcing its role as an active investor-operator. The company's performance was bolstered by broad-based contributions from core segments, margin expansion, and continued portfolio optimisation. As of 31st March 2026, IHC's total assets amounted to AED445.3 billion, up from AED428.6 billion at the end of 2025, with total equity standing at AED249.1 billion. The Group's liquidity remains strong, with cash and bank balances at AED74.7 billion.
Syed Basar Shueb, CEO of IHC, remarked that the first quarter of 2026 represents a strong start to the year, underlining the effective execution of the company's strategy to scale high-performing platforms and optimise capital allocation. The company's growth was further reinforced by a series of strategic acquisitions, platform expansions, and landmark transactions, including a collaboration with the U.S. International Development Finance Corporation, approval for the UAE Dirham-backed stablecoin DDSC, and a strategic investment in India's Sammaan Capital.
IHC also announced a global strategic partnership with IFZA to develop next-generation free zones, an investment in WHOOP's Series G financing, and expansion into U.S. energy infrastructure through the acquisition of Traverse Midstream Partners. Other strategic moves include a long-term LNG supply agreement, expansion in the European packaging sector, and strategic expansion in African microfinance.
IHC's commitment to global engagement and ESG impact was highlighted through its participation in the World Economic Forum Annual Meeting 2026 and a multi-year partnership with Global Citizen to support global advocacy on poverty, youth empowerment, and sustainability. The Group also achieved several recognitions, including a second-place ranking in Forbes Middle East's 100 Most Valuable Companies 2026.
Building on a strong start to 2026, IHC aims to sustain its growth momentum through disciplined capital allocation, continued portfolio optimisation, and targeted global expansion. With a resilient balance sheet and expanding investment activities, the Group is well-positioned to navigate global market conditions while capitalising on emerging opportunities.