Abu Dhabi investment company 2PointZero plans to join ADX by the end of the year
The UAE investment platform 2PointZero plans to list on the Abu Dhabi Securities Exchange (ADX) by the end of this year as IPOs in the UAE continue to grow.
IPO and Growth Plans
The company is open to partnerships worldwide and wants to grow in Asia, Latin America, and Africa. Reuters reported that CEO Mariam Al Mheiri shared this at the Investopia conference in Abu Dhabi on Wednesday.
However, Al Mheiri did not say how big the planned IPO will be or how much money 2PointZero hopes to raise.
2PointZero’s Investments
Last week, 2PointZero bought Cairo-based Maseera Holding for $1 billion. The investment will take a few years. As part of this deal, 2PointZero will create a new company in Abu Dhabi under the Maseera Holding name.
Also, this month, EPointZero—2PointZero’s clean energy division—signed an agreement with Masdar and TotalEnergies to work on clean energy projects in Africa and Asia.
Background
In January 2024, Abu Dhabi’s International Holding Company (IHC) created 2PointZero as a holding company with over $27.2 billion in assets. The company now owns alternative asset manager Lunate, Egyptian financial services company Beltone, and IRH.
IHC is led by Sheikh Tahnoon bin Zayed Al-Nahyan, the UAE’s national security adviser and the brother of President Sheikh Mohammed bin Zayed Al-Nahyan.
IHC was ranked third on Forbes Middle East’s Top 100 Listed Companies 2024 list.
Key Number
$240 billion – That’s IHC’s market value as of February 26, 2025, according to the ADX website.
What’s Next?
The UAE expects to raise $6 billion from IPOs in 2025, with companies like Etihad and Dubizzle leading the way.
Published: 27th February 2025
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