ALEC

ALEC Holdings PJSC (ALEC) is a Industrials company listed on the DFM stock exchange in the United Arab Emirates.

<p><strong>ALEC Holdings PJSC</strong> (and together with its subsidiaries, “<strong>ALEC</strong>” or the “<strong>Company</strong>”) is a market-leading diversified engineering and construction group with operations focused on large-scale, complex, and iconic building and energy projects in the UAE and KSA. Founded in 1999, ALEC has grown into a leading regional construction player and, in 2017, became a subsidiary of ICD, aligning it with the strategic vision of the Government of Dubai.</p><p>In addition to its core construction business, ALEC offers a complete and integrated suite of services spanning fitout, mechanical, electrical, and plumbing, modular construction, data centre solutions, energy solutions, technology, facades, renewables, and equipment rental. This integrated platform enables ALEC to exercise greater control over cost, quality, and supply chain dynamics, while providing clients with a single point of engagement.</p><p>ALEC has delivered iconic and complex projects across the UAE and KSA, with consistent and elevated delivery standards across public and private sector clients. Its history of delivering complex, high-value builds for various sectors underscores its strong execution capabilities and solid reputation. </p><p>With extensive expertise across a diverse range of sectors, such as airports, energy, data centres, hospitality, retail, ultra-luxury high-rise towers, and themed entertainment, ALEC has positioned itself as a partner of choice for clients with technically complex, large-scale projects.</p>

Current stock price: AED 1.68 (+1.20% today). Market capitalization: AED 8,400. P/E ratio: 4.0.

Financial performance (2026): Revenue AED 11,626.21, Net Income AED 593.08.

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