EL7.AI
StocksMedium•30 October 2026•
1 min read

2PointZero Group Net Profit Triples to AED 8.59 Billion in First Nine Months

Key Facts

12PointZero Group reported a threefold increase in net profit during the first nine months of 2026.
2The company attributed the profit surge to the accelerating pace of its global operational expansion.

2PointZero Group reported a threefold increase in net profit during the first nine months of 2026. According to The National, net profit attributable to the owners of the company climbed to AED 8.59 billion ($2.3 billion) for the January-September period, up from AED 2.64 billion in the same period last year. The company attributed the profit surge to the accelerating pace of its global operational expansion.

The group's strategic moves included its subsidiary ePointZero acquiring a 90% stake in Africa's Azura Power Holding in August 2026, following a $2.25 billion deal in July to acquire Traverse Midstream Partners in the United States. Financial records show the group's total assets reached AED 155 billion, supported by a net fair value gain of AED 5.8 billion recorded during the period.