{"id":87392,"date":"2024-01-04T00:00:00","date_gmt":"2024-01-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/"},"modified":"2024-01-04T00:00:00","modified_gmt":"2024-01-04T00:00:00","slug":"new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/","title":{"rendered":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Abu Dhabi\u2019s USD 239 bn International Holding Company has set up 2PointZero, a holding <\/strong><strong>company that will hold some AED 100 bn (USD 27 bn) of assets<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.ihcuae.com\/photo\/plugin\/article\/2024\/1704263682_file_1.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. 2PointZero will house companies across segments including financial services, investment banking, technology and AI, mining and resource management, and digital and crypto ecosystem. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Portfolio companies:<\/strong> Chimera Investment, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/news\/story\/d93707b4-9ff3-4be0-b16c-d84b263290f4\/\" style=\"\" rel=\"noopener\">private-markets focused firm Lunate<\/a>, crypto mining player Citadel Technologies, Middle-East focused Sagasse Investments, Egypt\u2019s Beltone Financial Holding, as well as Abu Dhabi\u2019s International Resources Holding.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ownership breakdown:<\/strong> IHC will hold 87% of 2PointZero, with the remaining 13% ownership remaining undisclosed, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/wealth\/wealth-management\/royal-group-assets-to-be-transferred-into-2pointzero-abu-dhabis-ihc-says-jtnzo879\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Assets for the new entity will originate from IHC\u2019s 61% shareholder, Sheikh Tahnoon\u2019s Royal Group, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/abu-dhabis-ihc-forms-new-hold-co-with-expected-assets-exceed-27-bln-2024-01-02\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Shares of IHC, the country\u2019s most valuable listed company, surged 3.47% to settle at AED 414 on yesterday\u2019s close, according to ADX data. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>IHC will own 87% of 2PointZero<\/p>\n","protected":false},"author":1,"featured_media":87393,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1557],"tags":[80,179,178,181,7,108,182,25,70,180],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-2pointzero","tag-beltone-holding","tag-chimera-investments","tag-citadel-technologies","tag-enterpriseam-uae","tag-ihc","tag-international-resources-holding","tag-investment-watch","tag-lunate","tag-sagasse-investments","wpautop","entry"],"acf":{"mongo_id":"d6306190-3d8d-4978-8256-05e11406e561","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/233.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Abu Dhabi\u2019s IHC sets up finance-focused holding company with USD 27 bn in assets","related_issue":[87388],"teaser":"IHC will own 87% of 2PointZero","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.7c1b98c0-2bb3-479e-b2be-45c79600f41a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New IHC holdco 2PointZero launches, holds AED 100 bn portfolio - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio\" \/>\n<meta property=\"og:description\" content=\"IHC will own 87% of 2PointZero\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio\",\"datePublished\":\"2024-01-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\"},\"wordCount\":152,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1\",\"keywords\":[\"2PointZero\",\"Beltone Holding\",\"Chimera Investments\",\"Citadel Technologies\",\"EnterpriseAM UAE\",\"IHC\",\"International Resources Holding\",\"INVESTMENT WATCH\",\"Lunate\",\"Sagasse Investments\"],\"articleSection\":[\"INVESTMENT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\",\"name\":\"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-01-04T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio","og_description":"IHC will own 87% of 2PointZero","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/","og_site_name":"UAE","article_published_time":"2024-01-04T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio","datePublished":"2024-01-04T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/"},"wordCount":152,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1","keywords":["2PointZero","Beltone Holding","Chimera Investments","Citadel Technologies","EnterpriseAM UAE","IHC","International Resources Holding","INVESTMENT WATCH","Lunate","Sagasse Investments"],"articleSection":["INVESTMENT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/","name":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1","datePublished":"2024-01-04T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/01\/04\/new-ihc-holdco-2pointzero-launches-holds-aed-100-bn-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"New IHC holdco 2PointZero launches, holds AED 100 bn portfolio"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/233.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/87392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=87392"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/87392\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/87388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/87393"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=87392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=87392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=87392"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=87392"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=87392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}