IHC plans AED 120 bn merger of 2PointZero, Multiply Group, Ghitha Holding

user icon
NOHA.GAD
calender icon
Oct 16, 2025
article image

Abu Dhabi - Sharikat Mubasher:  IHC, a global investment company focusing on building dynamic value networks, announced plans to merge its portfolio companies 2PointZero, Multiply Group, and Ghitha Holding into a single investment powerhouse valued at nearly AED 120 billion.

The merged listed entity will be renamed 2PointZero Group PJSC (2PointZero) and will continue to be listed on the Abu Dhabi Securities Exchange (ADX), the company announced in a press release today.

The new entity will unite diversified platforms across pivotal sectors to accelerate global competitiveness, operational efficiency, and long-term shareholder value. It will also build a vertically integrated energy platform positioned to deliver sustainable growth and long-term value, while holding leading positions across key consumer categories that anchor everyday life and economic activity, with operations spanning more than 85 countries.

The formation of 2PointZero reflects IHC’s long-term vision to create dynamic value networks through innovation, scale, and disciplined growth, reinforcing its role as a catalyst of enduring value creation for the UAE and the global economy.


Share

Related News

Saudi digital economy contributes 16% to GDP, ICT market hits $53bn
News
Calendar Icon
April 26, 2026
Saudi digital economy contributes 16% to GDP, ICT market hits $53bn
Read More
Kafalah program supports SMEs with over SAR 130.6 bn in 2025
News
Calendar Icon
April 26, 2026
Kafalah program supports SMEs with over SAR 130.6 bn in 2025
Read More
Sheraa unveils AED 5mn fund to empower startups, SMEs
News
Calendar Icon
April 26, 2026
Sheraa unveils AED 5mn fund to empower startups, SMEs
Read More
Mawani invests over SAR 30 bn to develop Saudi ports
News
Calendar Icon
April 26, 2026
Mawani invests over SAR 30 bn to develop Saudi ports
Read More
FDI share of Saudi GDP reaches 2.8% in 2025
News
Calendar Icon
April 26, 2026
FDI share of Saudi GDP reaches 2.8% in 2025
Read More
Sohar International launches 2nd edition of Women SME Development Program
News
Calendar Icon
April 26, 2026
Sohar International launches 2nd edition of Women SME Development Program
Read More
SIF to launch first sports innovation incubator in Saudi Arabia
News
Calendar Icon
April 23, 2026
SIF to launch first sports innovation incubator in Saudi Arabia
Read More
Manara Minerals shifts strategy from M&A to partnerships
News
Calendar Icon
April 23, 2026
Manara Minerals shifts strategy from M&A to partnerships
Read More
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
News
Calendar Icon
April 22, 2026
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
Read More
KACST, ispace partner to develop lunar exploration technologies in Kingdom
News
Calendar Icon
April 22, 2026
KACST, ispace partner to develop lunar exploration technologies in Kingdom
Read More