The UAE’s IPO pipeline for the year is looking stronger, with Abu Dhabi conglomerate International Holding Company gearing up for the listing of its investment arm 2PointZero this year, and Abu Dhabi Investment Group planning two lists for its units.

#1- 2PointZero could list on the ADX this year: Abu Dhabi conglomerate International Holding Company’s investment arm 2PointZero is gearing up for an IPO on the ADX as early as this year, Reuters quotes CEO Mariam Almehiri as saying. The company was set up last year and is expected to have an AED 100 bn asset base with a portfolio stacked with regional heavyweights including Lunate,InternationalResources Holding (IRH), and Egypt’s Beltone through Chimera Investments.

We knew this was coming: IHC CEO Syed Basar Shueb revealed plans to list 2PointZero on the Abu Dhabi bourse this year, though no details on the size or value of the stake sale were disclosed. The firm’s initial decision to move the assets under a new holding came in anticipation of a listing debut, Shueb said at the time, adding that a listing would raise “significant capital injection” that would help fuel the company’s growth.

More to come? IHC is also planning to debut two more holdings — International Technology Holding (ITH), a consolidated holding firm for all of its technology units, and Sirius International Holding — on the ADX, with the company prioritizing internal business growth over pursuing new sectors, Shueb told Bloomberg. ITH was said to potentially hit the bourse last year, while Sirius was planned for a listing in 2025. .

#2- AbuDhabi Investment Group (ADIG) is setting the stage for two IPOs this year, eyeing listings for its financial unit and energy subsidiary, CEO Zayed Bin Aweidha told Zawya. The plan is in motion, but the target markets remain undecided, he said, with possible venues ranging from local bourses ADX or DFM to regional and global exchanges, including Europe and the US. Beyond the two units, additional listings may also be on the table, depending on ADIG’s negotiations with its partners, Bin Aweidha added, without disclosing further details on the timing or the stakeholders involved.

The possible contenders: Founded in 1958, ADIG operates as a holding company with a diverse portfolio, according to its website, its subsidiaries include: urban planning company Focus Architect, ins. provider Al-Ain Ahlia, local lender Commercial Bank International (CBI), and Abu Dhabi Development Corporation (ADDCO).

Also in the pipeline: The group is actively exploring M&As across the real estate, energy, transportation and infrastructure sectors, the CEO said. At the same time, ADIG is eyeing a move into hedge funds, with plans to launch several large funds.

REMEMBER- Other companies eyeing IPOS this year include:

  • Etihad Airways, which could kick off its IPO as soon as this week ;
  • Dubizzle Group, which tapped banks for a 2025 IPO on the Dubai Financial Market (DFM);
  • Hospitality group Five Holdings, which also tapped advisors for a potential listing;
  • Amanat Holdings, which is planning to list its education and healthcare units;
  • and Shisha producer Advanced Inhalation Ritual, which is also rumored to potentially IPO.
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