UAE investment platform 2PointZero is preparing for a stock market listing in Abu Dhabi later this year, CEO Mariam bint Mohammed Almheiri confirmed, signalling a significant move in the region’s financial sector.
In 2023, Abu Dhabi-based conglomerate International Holding Company (IHC) launched 2PointZero as a holding company, designed to manage and expand a diverse portfolio of investments. The firm is expected to oversee assets exceeding 100 billion dirhams ($27.23 billion), reinforcing its position as a key player in the UAE’s investment landscape.
The company sees strong potential for expansion in Asia, Latin America, and Africa, where one of its portfolio companies has already made strategic investments in mining assets, Almheiri stated. These regions present lucrative opportunities for long-term growth and diversification.
International Resources Holding (IRH), a subsidiary based in Abu Dhabi, made a notable investment of $1.1 billion in Zambia’s Mopani Copper Mines in 2024, further solidifying its presence in the global mining sector.
2PointZero’s portfolio features a range of high-profile investments, including alternative asset manager Lunate, Egyptian financial services firm Beltone, and IRH. These holdings reflect its focus on diversified asset management across different industries and regions.
IHC, the Abu Dhabi-based conglomerate that founded 2PointZero, is led by Sheikh Tahnoon bin Zayed Al Nahyan. He also serves as the UAE’s national security adviser and plays a pivotal role in shaping the country’s foreign policy under the leadership of his brother, President Sheikh Mohammed bin Zayed Al Nahyan.
(Exchange rate: $1 = 3.6725 UAE dirhams)
