Ex-UAE climate change minister to head IHC fund 2PointZero
IHC said the new firm’s portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, private investment firm Chimera.
Stay updated with breaking news from Citadel Technologies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IHC said the new firm’s portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, private investment firm Chimera.
The new firm, called 2PointZero, will be transferred into Abu Dhabi’s $239 billion International Holding Co. Its holdings will include portions of Sheikh Tahnoon bin Zayed Al Nahyan’s sprawling empire, according to a statement late Tuesday.
International Holding Company , an Abu Dhabi conglomerate led by a key member of the United Arab Emirates' ruling family, has formed a new holding company that will hold a $27 billion portfolio...
(Bloomberg) -- Abu Dhabi’s largest listed company, led by a key member of the emirate’s royal family, is setting up a new holding firm with assets worth 100 billion dirhams ($27 billion) across sectors ranging from financial services to mining.Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsHarvard’s President Claudine Gay to Resign After ControversyTokyo Runway Collision Leaves 5 Dead, Aircraft AblazeUS Pressured Netherlands to Block China-Bound Chip MachineryEl
Abu Dhabi's International Holding Company (IHC) has announced the establishment of 2PointZero, a company which will have more than Dhs100bn in assets.