Modon Holding PSC (MODON)

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News

21 December 2025 09:16 AM Modon unveils Abu Dhabi’s largest construction contract in 2025 at AED 2bn

Abu Dhabi - Mubasher: Modon Holding has awarded the main construction contract for two of its residential developments on Hudayriyat Island, with a total value of AED 5 billion. This contract is the largest awarded for residential in Abu Dhabi in …

Companies Investments

11 December 2025 11:31 AM Modon Holding awards AED 1bn construction contract for Maysan project

Abu Dhabi - Mubasher: Modon Holding has awarded a contract for executing the Maysan project on Reem Island to Trojan Construction Group, at a total value of AED 1 billion. The award covers the construction of two modern and fully integrated …

Real estate

10 December 2025 00:45 PM Modon Holding attracts AED 3bn sales from Bashayer project within one day

Abu Dhabi - Mubasher: Modon Holding has completed the sell-out of Bashayer, the first waterfront residential community on Hudayriyat Island, within one day of the launch. The group registered AED 3 billion in sales amid exceptional demand, …

Companies Investments

2 November 2025 10:25 AM IHC, Alpha Dhabi Holding exit stakes in Modon

Abu Dhabi - Mubasher: International Holding Company (IHC) and  Alpha Dhabi Holding sold their entire stakes in Modon Holding to L’imad Holding Company, a wholly owned by the Abu Dhabi Government. IHC divested its 42.54% shareholding to maintain …

Companies Investments

24 September 2025 10:01 AM Aldar ups stake in Aldar Estates to 82.5% following Modon Holding’s exit

Abu Dhabi - Mubasher: Aldar Properties increased its ownership in the Aldar Estates platform, the region’s largest integrated real estate services company, with over AED 3 billion worth of active contracts The group acquired Modon Holding’s 17.45% …

Real estate

29 July 2025 09:58 AM Modon records AED 10bn sales in H1-25 backed by global expansion

Abu Dhabi - Mubasher: Modon Holding generated net profits after tax valued at AED 2.11 billion in the first half (H1) of 2025, compared to AED 8.73 billion in the year-ago period. Revenues amounted to AED 6.54 billion at the end of June 2025, …

Real estate

7 July 2025 05:29 AM Modon Holding generates AED 5.5bn sales from Wadeem project within 72 hours

Abu Dhabi - Mubasher: Modon Holding completed the sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales amounting to AED 5.50 billion. The strong sales make Wadeem 2025’s highest-valued real estate release in Abu …

Real estate

1 July 2025 05:07 PM Modon Holding launches Wadeem residential project on Hudayriyat Island

Abu Dhabi - Mubasher: Modon Holding has unveiled Wadeem, its first residential plot on Hudayriyat Island, according to a press release. The project offers more than 1,700 plots for buyers to design and build custom waterfront homes featuring a …

Real estate

29 May 2025 07:00 PM Gridora, ADPIC team up to bolster AED 35bn transport infrastructure projects

Abu Dhabi - Mubasher:  Gridora, the new infrastructure platform established by ADQ, International Holding Company (IHC), and Modon Holding, has penned its first deal with Abu Dhabi Projects and Infrastructure Centre (ADPIC). Under the memorandum …

Real estate

11 May 2025 08:22 AM Modon Holding generates AED 2bn sales from Nawayef Village project

Abu Dhabi – Mubasher: Modon Holding has sold 378 units in Nawayef Village at a combined value of AED 2 billion, according to a press release. Nawayef Village is the first townhouses on Hudayriyat Island, offering three and four-bedroom townhouses …

Companies Investments

17 April 2025 06:58 PM ADQ, IHC, Modon boost infrastructure development globally via Gridora

Abu Dhabi - Mubasher: ADQ, International Holding Company (IHC), and Modon Holding entered into a joint venture (JV) to form a dedicated infrastructure platform, Gridora, according to a press release. Operating under Modon Holding, Gridora will …

Global Economy

1 April 2025 04:09 PM Modon collaborates with Elsewedy Industrial Development for Egypt’s Ras El-Hekma

Abu Dhabi – Mubasher: The UAE’s Modon Holding has teamed up with Elsewedy Industrial Development to build and operate a new industrial zone for the Ras El-Hekma city megaproject in Egypt, according to a press release. The two companies signed a …

Companies Investments

13 February 2025 06:01 AM Modon Holding’s global expansion drives 637% higher revenues in 2024; profits exceed AED 9.3bn

Abu Dhabi – Mubasher: Modon Holding generated AED 9.38 billion in net profit during 2024, compared to AED 573.95 million in 2023, as per the consolidated financial results. The group registered 637% year-on-year (YoY) higher revenues at AED 6.51 …

Financial Results

22 December 2024 02:56 PM Modon Holding enters Europe’s real estate market via acquisition deal

Abu Dhabi – Mubasher: Modon Holding has completed the acquisition of La Zagaleta S.L, the owner of the exclusive La Zagaleta residential estate in Costa del Sol, Spain. Supporting its international investment and expansion strategy, the …

Real estate

20 November 2024 11:21 AM Modon Holding, Hassan Allam partner for major construction projects in Ras El-Hekma

Abu Dhabi – Mubasher: Modon Holding entered into a strategic partnership with Hassan Allam Holding to explore collaboration across large-scale construction projects in Egypt, according to a press release. The memorandum of understanding (MoU) aims …

Companies Investments

8 October 2024 02:36 PM Elsewedy Electric, Modon Holding team up to implement Ras El Hikma project

Cairo – Mubasher: Elsewedy Electric Company inked an agreement with UAE's Modon Holding as part of the development of the Ras El Hikma project. The two parties will join forces to supply building materials to the project, according to a bourse …

Real estate

31 July 2024 10:12 AM Modon Holding logs AED 8.7bn profits in H1-24; revenues hike 333%

Abu Dhabi – Mubasher: Modon Holding, which was previously known as Q Holding, reported sold financial performance for the first half (H1) of 2024 following its acquisition of Modon Properties and ADNEC. The ADX-listed company logged net profits …

Financial Results

28 February 2024 08:57 AM Q Holding takes over ADNEC; rebranding unveiled

Abu Dhabi – Mubasher: Q Holding acquired more than 100% of the share capital for Abu Dhabi National Exhibitions Company (ADNEC), according to a press release. The ADX-listed firm reinforced its position in Abu Dhabi’s real estate market by …

Real estate

1 February 2024 08:05 AM Q Holding sees lower profits in 2023; assets hit AED 11.4bn

Abu Dhabi – Mubasher: Q Holding logged net profits valued at AED 573.95 million in 2023, lower than AED 822.65 million in the 12-month period that ended on 31 December 2022. The revenues hit AED 994.29 million in 2023, up year-on-year (YoY) from …

Financial Results

7 January 2024 09:59 AM Q Holding announces new key appointments

Abu Dhabi – Mubasher: Q Holding has named Jassem Mohamed Bu Ataba Alzaabi as the Chairman of the board, according to a bourse disclosure. Abdulla bin Mohammed Butti Al Hamed and Abdulla Abdulhameed Alsahi were appointed as the Vice Chairman and …

Management Decisions

3 January 2024 01:14 PM Q Properties unveils AED 62m contract award for development project

Abu Dhabi – Mubasher: Q Properties, a real estate developer and subsidiary of Q Holding, has awarded an AED 61.96 million design and construction contract. The agreement covers nearly 5,000 piles of the foundation of the six apartment buildings of …

Real estate

30 August 2023 11:46 AM Q Holding’s unit announces AED 1.75bn project award

Abu Dhabi – Mubasher: Q Properties, a real estate developer and subsidiary of Q Holding, awarded Trojan General Contracting a contract valued at AED 1.75 billion for Reem Hills Phase 1 villas. Under the agreement, Trojan will construct the fully …

Companies Investments

13 August 2023 01:47 PM ADQ, IHC’s unit target shareholding in Q Holding to launch regional platform

Abu Dhabi - Mubasher: ADQ and IHC Capital Holding, a subsidiary of the listed International Holding Company (IHC), made a bid to merge ADQ’s 100% interest in Abu Dhabi National Exhibitions Company (ADNEC) besides its majority stake in Modon …

Mergers and Acquisitions

25 July 2023 08:38 AM Q Holding’s net profits shrink to AED 214.5m in H1-23

Abu Dhabi – Mubasher: Q Holding recorded a year-on-year (YoY) plunge in net profit to AED 214.45 million during the first half (H1) of 2023, compared to AED 676.05 million. The ADX-listed company generated AED 610.04 million in revenue during the …

Financial Results

15 June 2023 00:00 PM IHC’s Emirates Stallions collaborates with Q Holding to launch AED 320m JV project

Abu Dhabi – Mubasher: Emirates Stallions Group, a subsidiary of the listed International Holding Company (IHC), has teamed up with Q Holding to form Century Village which is a joint venture (JV) project at a total value of AED 320 million. The new …

Companies Investments