IHC, a global investment company focused on building dynamic value networks, has announced the proposed leadership team for 2PointZero Group, the newly formed investment holding company created through the merger of 2PointZero, Multiply Group, and Ghitha Holding.
Mariam bint Mohammed Almheiri will be appointed Managing Director, with a mandate to define the group’s strategic direction and reinforce its position as a leading global investment platform. In this role, she will provide overarching leadership and guidance to ensure that the group’s long-term vision, governance, and strategic priorities are cohesively aligned. Her focus will be on setting the strategic agenda, shaping portfolio direction, and driving sustainable growth across 2PointZero’s core sectors through innovation and disciplined capital stewardship.
Samia Bouazza will be appointed Chief Executive Officer, recognising her record of strong performance and disciplined growth. In this new role, she will be responsible for formulating and executing the group’s strategy, driving expansion across key sectors and international markets. She will lead capital allocation, enhance operational performance, and accelerate AI integration across the Group. Both appointments remain subject to shareholder, board, and regulatory approval.
The formation of the new entity marks one of Abu Dhabi’s largest ever listed mergers, uniting IHC’s flagship platforms across the Energy and Consumer sectors to create a next-generation operator-investor that powers everyday life and drives long-term growth, said a statement. With a combined asset base of approximately AED120 billion ($32.68 billion) and operations spanning more than 85 countries, the company is positioned to accelerate global competitiveness, operational efficiency, and shareholder value creation.
Upon completion of the merger, Ghitha Holding will become a subsidiary of 2PointZero, maintaining its leadership role in the UAE’s food-security and agri-food sectors while integrating into the new group’s governance and growth framework. Under the continued leadership of Faisal Ameen, Chief Executive Officer of Ghitha Holding, the company will remain central to advancing 2PointZero’s integrated food and consumer platform.
Driven by IHC’s vision for global leadership
The creation of 2PointZero is a direct embodiment of the vision of IHC’s Board, to build a globally significant investment platform at the intersection of Energy and Consumer growth. The merger unites strategic assets that power essential industries and position Abu Dhabi as a global force in sustainable value creation.
IHC has systematically identified and integrated high-growth verticals, including Energy, Mining, Consumer, and Food, into a single scalable ecosystem with the potential to deliver double-digit growth in its initial years. The new entity, 2PointZero, is built to operate with agility, efficiency, and global reach, creating one of the most forward-looking listed investment companies in the region.
This transaction is not only a consolidation of assets but a realization of IHC’s long-term vision to create a future-ready conglomerate capable of reshaping investment across essential industries worldwide.
Unified platform across energy and consumer sectors
The merger unites three complementary investment platforms under one listed entity to create a next-generation investment company across two foundational pillars of the global economy, Energy and Consumer:
• 2PointZero: a scalable energy and infrastructure powerhouse enabling the AI-driven energy transition and energy addition, with assets across critical metals and minerals, power equipment, advanced energy solutions, and diversified financial holdings.
• Multiply Group: a diversified consumer platform with an operating playbook across mobility, media, apparel, packaging, and beauty, and a track record of scaling portfolio performance.
• Ghitha Holding: an integrated food and agri platform across farming, production, and distribution, central to food security and resilient consumer supply chains.
This is a merger of competencies and teams with proven execution in their respective domains. By aligning capital allocation, procurement, operating systems, technology, and M&A, the new 2PointZero will achieve performance and value creation greater than the sum of its parts, the statement added. – TradeArabia News Service
