RIYADH: The UAE Alpha Abu Dhabi Holding Company has completed the acquisition of 95 percent of Emirates Gateway Security Services (EGSS), CNBC Arabia has reported.

EGSS was founded in 2007 and is headquartered in the capital of the UAE, Abu Dhabi.

The Alpha Abu Dhabi Company profits jumped in the first half of this year by 692 percent, to reach about 832,000 dirhams, while the profits of the second quarter grew by 24 percent to reach 731,000 dirhams.