The Abu Dhabi Securities Exchange (ADX) has emerged as one of the Middle East’s most dynamic stock markets, showcasing a diverse range of high-performing companies across sectors such as energy, finance, telecommunications, and real estate. With a market capitalization surpassing AED 3 trillion (USD 816 billion), the ADX continues to attract both regional and international investors seeking strong returns and stable growth.
Here are the most profitable companies currently listed on the ADX in 2025:
1. ADNOC Gas
Sector: Energy
Net Profit (2024): AED 23.1 billion (USD 6.3 billion)
Overview:
A subsidiary of the Abu Dhabi National Oil Company (ADNOC), ADNOC Gas has become the most profitable publicly listed energy company in the region. The company benefits from long-term gas supply contracts, increasing global demand for liquefied natural gas (LNG), and strategic investments in low-carbon energy initiatives. Its consistent dividend payouts and strong earnings make it a top pick for institutional investors. 
2. First Abu Dhabi Bank (FAB)
Sector: Banking & Finance
Net Profit (2024): AED 16.4 billion (USD 4.5 billion)
Overview:
FAB remains the UAE’s largest bank and one of the most profitable in the Gulf Cooperation Council (GCC) region. With a strong presence in corporate banking, wealth management, and international markets, FAB has leveraged rising interest rates and digital banking services to boost profitability. The bank continues to drive shareholder value through strategic mergers and high dividend yields.
3. International Holding Company (IHC)
Sector: Conglomerate / Diversified Investments
Net Profit (2024): AED 15.8 billion (USD 4.3 billion)
Overview:
IHC, led by key stakeholders in Abu Dhabi’s royal business elite, has gained global attention for its aggressive acquisitions and diverse investment portfolio spanning agriculture, healthcare, IT, and real estate. With consistent double-digit growth and a bold expansion strategy, IHC is considered one of the ADX’s crown jewels for profitability and rapid capitalization.
4. Abu Dhabi National Energy Company (TAQA)
Sector: Utilities & Energy
Net Profit (2024): AED 13.5 billion (USD 3.7 billion)
Overview:
TAQA has positioned itself as a leading global energy player, delivering both water and electricity across 11 countries. Recent expansions into renewable energy and infrastructure upgrades in the UAE and North Africa have driven strong profit growth. TAQA’s regulated utility business provides stable cash flows and strong investor confidence.
5. e& (formerly Etisalat Group)
Sector: Telecommunications & Technology
Net Profit (2024): AED 10.7 billion (USD 2.9 billion)
Overview:
Now rebranded as e&, Etisalat has evolved from a telecom giant into a diversified technology and digital services conglomerate. The company has expanded into fintech, AI, and cloud services, significantly boosting profitability. Its strong market position in the UAE and investments in international telecom operators add to its earnings stability.
Honorable Mentions:
- Alpha Dhabi Holding: A diversified investment company showing strong profits in real estate, healthcare, and construction.
- Abu Dhabi Commercial Bank (ADCB): Continues to record solid profit margins, with robust retail banking growth.
- Fertiglobe: A leading nitrogen fertilizer producer benefiting from global demand and high commodity prices.
Conclusion:
The ADX is home to some of the Middle East’s most profitable and influential companies. In 2025, profitability on the exchange is being driven by diversification, energy security, digital transformation, and sustainable growth initiatives. These leading firms are not only bolstering the UAE’s economy but also establishing Abu Dhabi as a regional financial powerhouse. For investors looking at long-term value and resilience, the ADX continues to be an attractive destination.
