Today's Edition
ABU DHABI (ALETIHAD)
International Holding Company (IHC) has announced the proposed leadership team for 2PointZero Group, the newly formed investment holding company created through the merger of 2PointZero, Multiply Group, and Ghitha Holding— one of Abu Dhabi’s largest ever listed mergers aimed at driving sustainable growth across the energy and consumer sectors.
Under the proposed structure, Mariam bint Mohammed Almheiri will be appointed Managing Director, with a mandate to define the Group’s strategic direction and reinforce its position as a leading global investment platform. She will provide overarching leadership to ensure that 2PointZero’s long-term vision, governance, and priorities remain cohesively aligned.
Samia Bouazza will be appointed Chief Executive Officer, recognising her record of disciplined growth and strong performance. In this role, she will lead the Group’s strategy execution, oversee capital allocation, and drive expansion across key sectors and international markets.
Both appointments remain subject to shareholder, board, and regulatory approval.
The newly created 2PointZero Group will have a combined asset base of about Dh120 billion and operations spanning more than 85 countries.
The merger unites IHC’s flagship platforms in energy and consumer sectors into a next-generation operator-investor focused on powering everyday life through innovation, operational efficiency, and sustainability.
Upon completion of the merger, Ghitha Holding will become a subsidiary of 2PointZero, maintaining its leadership role in the UAE’s food-security and agri-food sectors while integrating into the new group’s governance and growth framework.
“Under the continued leadership of Faisal Ameen, Chief Executive Officer of Ghitha Holding, the company will remain central to advancing 2PointZero’s integrated food and consumer platform,” the IHC statement said.
Syed Basar Shueb, CEO of IHC, said: “The appointment of Mariam Almheiri and Samia Bouazza marks the beginning of a powerful new chapter for 2PointZero. Their combined experience, leadership vision, and proven track record in building transformative businesses will be instrumental in driving the company’s next phase of global expansion. 2PointZero represents the culmination of IHC’s strategic vision — to create a globally competitive platform that integrates energy and consumer under one transformative structure.
“This merger is about building scale with purpose, resilience with technology, and growth with sustainability. We expect 2PointZero to deliver strong double-digit growth as it captures global opportunities in energy transition, consumer evolution, and essential industries that define the future.”
Mariam bint Mohammed 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. Together with our partners and shareholders, we will shape a new model of growth; one driven by technology, guided by purpose, and inspired by Abu Dhabi’s global leadership.”
Samia Bouazza added: “This merger marks a defining milestone in our journey, one that brings together exceptional teams, dynamic assets, and a shared purpose. Our unwavering focus remains on growing our bottom line, both organically and inorganically, unlocking value through AI, and delivering consistent, long-term returns.”
