Abu Dhabi-based International Holding Company (IHC) has announced the proposed leadership team for 2PointZero Group, the newly formed investment company created through the merger of 2PointZero, Multiply Group and Ghitha Holding.
HE Mariam bint Mohammed Almheiri is set to be appointed Managing Director, with responsibility for defining the group’s strategic direction and ensuring alignment across its long-term priorities. She will focus on shaping portfolio growth and driving sustainable expansion across core sectors.
Samia Bouazza will be appointed Chief Executive Officer, tasked with executing the group’s strategy, overseeing capital allocation and accelerating AI integration across operations. Both appointments remain subject to shareholder, board and regulatory approval.
The merger, one of the largest ever listed in Abu Dhabi, combines IHC’s flagship platforms in the energy and consumer sectors to form a next-generation operator-investor. The new company will have assets of around AED120 billion and operations spanning more than 85 countries.
Ghitha Holding will become a subsidiary of 2PointZero, maintaining its leadership in the UAE’s food security and agri-food sectors under CEO Faisal Ameen, while integrating into the new governance and growth framework.
Syed Basar Shueb, CEO of IHC, said: “The appointment of HE Mariam Almheiri and Samia Bouazza marks the beginning of a powerful new chapter for 2PointZero. Their combined experience and proven track record will be instrumental in driving the company’s next phase of global expansion. This merger is about building scale with purpose, resilience with technology, and growth with sustainability.”
HE Mariam Almheiri said: “It is an honour to lead 2PointZero at this pivotal moment. Our mission is clear, to build a next-generation global investment platform that powers everyday life. Our focus is on energy and consumer, the two power engines of the new economy.”
Bouazza added: “This merger marks a defining milestone in our journey. Our focus remains on growing our bottom line, unlocking value through AI, and delivering consistent, long-term returns.”
2PointZero will operate with a 39 per cent free float to broaden investor access and enhance liquidity. The combined entity will remain part of key UAE market indices, ensuring continued institutional visibility.
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