Alpha Dhabi’s investment in Alpha Wave Ventures II provided the group with exposure to several major private technology companies, including SpaceX, Anthropic, and Cerebras.
Investment holding company Alpha Dhabi reported second-quarter 2026 revenues of Dh37.6 billion, marking a 5 per cent increase compared with the same period last year, supported by its continued efforts to build a globally competitive and diversified portfolio.
Net profit climbed to Dh9.8 billion, representing a 48 per cent year-on-year increase from the second quarter of 2025. Adjusted EBITDA also rose 7 per cent to Dh9.3 billion, while total assets grew to Dh230 billion, up from Dh214 billion at the end of the fourth quarter of the previous year.
The ADX-listed company recorded fair value gains of Dh3.7 billion from its investments in SpaceX, Cerebras, and Anthropic. Total equity increased to Dh110 billion during the period, compared with Dh104 billion at the end of 2025.
Strategic stakes in some of the world’s biggest tech companies.
Investments in leading global technology companies
Alpha Dhabi’s Dh14.3 billion investment in Alpha Wave Ventures II, a venture capital fund co-managed by Abu Dhabi-based Chimera Capital and New York-based Alpha Wave Global, gave the group exposure to several major private technology companies, including SpaceX, Cerebras, and Anthropic.
While Anthropic remains privately held, the other companies have moved closer to potential public listings and have expanded significantly in scale, influence, and strategic importance since Alpha Dhabi made its investment.
“By actively managing and developing its presence in these future-focused sectors, Alpha Dhabi continues to strengthen Abu Dhabi’s position in frontier artificial intelligence, advanced computing, space technology, and next-generation digital infrastructure,” the company said in a statement. “Announced IPO filings for OpenAI and Anthropic could create further investment opportunities should they move forward.”
The group said artificial intelligence, digital banking, hospitality, and advanced infrastructure will remain key areas of focus as it continues to expand.
Diverse portfolio drives growth
Alpha Dhabi Holding Chairman Mohamed Thani Al Rumaithi said the company’s performance reflects its disciplined investment strategy and the continued strength of the UAE economy.
“By continuing to optimise our diversified portfolio, we are successfully capturing value across high-growth sectors while remaining anchored in our core principles of long-term sustainable growth,” he said.
The group’s Managing Director and CEO, Hamad Al Ameri, added that Alpha Dhabi is investing beyond traditional industries by focusing on sectors expected to shape the future economy.
“We are actively pushing the boundaries of traditional sectors by channelling investments into future-ready industries that will define tomorrow’s economy and deliver superior returns for our shareholders,” he said.
