UAE's 2PointZero Plans Abu Dhabi Listing in 2024, Says CEO

Abu Dhabi-based investment platform 2PointZero is preparing for a stock market listing in 2024, according to its CEO, Mariam bint Mohammed Almheiri.

The company was created last year by International Holding Company (IHC), a major Abu Dhabi-based conglomerate. IHC set up 2PointZero as a holding company, and it now manages assets worth more than 100 billion dirhams ($27.23 billion).

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Growth Plans Across Continents

2PointZero is focusing on expanding its business in different regions, including Asia, Latin America, and Africa. One of the companies in its investment portfolio has already made major investments in mining assets in Africa, Almheiri shared.

Earlier this year, International Resources Holding (IRH), an Abu Dhabi-based firm and part of 2PointZero’s portfolio, made a significant move in Zambia. In 2024, it invested $1.1 billion in Mopani Copper Mines, one of the country’s key mining operations.

Key Investments and Portfolio

2PointZero owns shares in several big companies. Some of the well-known names in its investment portfolio include:

• Lunate – an alternative asset management firm
• Beltone Financial – a leading Egyptian financial services company
• International Resources Holding (IRH) – a company focused on natural resource investments

About IHC and Its Leadership

International Holding Company (IHC), the organization behind 2PointZero, is a powerful business group in Abu Dhabi. It is led by Sheikh Tahnoon bin Zayed Al Nahyan, an important figure in UAE’s security and foreign policy. He is also the national security adviser of the UAE and plays a key role in handling international relations for his brother, President Sheikh Mohammed bin Zayed Al Nahyan.

With strong financial backing and strategic investments, 2PointZero is gearing up to become an influential player in the global investment landscape. Its upcoming listing in Abu Dhabi is expected to attract significant attention from investors.