Alpha Dhabi Holding PJSC has announced the sale of its entire 8.5% stake in Modon Holding to L’imad Holding Company PJSC, a company fully owned by the Abu Dhabi Government. The move is part of Alpha Dhabi’s ongoing portfolio management strategy and aims to maintain balanced exposure across different sectors and regions while increasing liquidity for future growth initiatives.
The company stated that the divestment aligns with its approach to support diversified growth and focus on strategic sectors such as climate capital, real estate, hospitality, construction, industry, energy, healthcare, and investments. Alpha Dhabi highlighted its commitment to driving expansion within these eight verticals.
Since acquiring its stake in Modon, Alpha Dhabi noted that Modon has achieved significant growth. In fiscal year 2024, Modon reported multi-billion-dirham revenues and strong profitability. The positive performance continued into the first half of 2025 with record real estate sales and a robust revenue backlog.
Eng. Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding PJSC said: “this transaction reflects our strategy to invest primarily in Abu Dhabi-based companies that are, or have the potential to become, regional and global champions and exit to deliver superior returns for shareholders. Alpha Dhabi is actively supporting the growth of its portfolio companies, building scale, diversifying the platform, and creating synergies across businesses to deliver value for shareholders. We will continue to recycle capital as part of rebalancing our portfolio and ensuring that we have sufficient liquidity to pursue both organic and inorganic opportunities.”
Alpha Dhabi emphasized that it maintains a mix between stable income-generating businesses and high-growth ventures within its portfolio. The group intends to continue seeking investment opportunities aligned with its core expertise in selected sectors and markets.
