2PointZero Group, a leading Abu Dhabi-based investment holding firm, on Friday announced its FY 2025 results, reporting revenue growth of 311 percent year-on-year to AED7 billion ($1.91 billion) that bring group net profit for the year to AED3.6 billion ($980.26 million).
Tabreed has completed two significant infrastructure transactions to boost growth and strengthen its business model. It acquired PAL Cooling Holding from Multiply Group with CVC DIF and finalised a concession agreement with Dubai Holding Investments for district cooling services at Palm Jebel Ali in Dubai.
The Arab Energy Fund and The State Oil Fund of the Republic of Azerbaijan (SOFAZ) have agreed to partner with CVC DIF to invest in a co-investment vehicle that invests alongside DIF VII, which recently acquired a 50 per cent stake in PAL Cooling Holding (PAL), a principal district cooling operator in UAE.
