February 23, 2024

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IHC declares formation of 2PointZero – a holding firm with anticipated property over Dh100 billion

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IHC Chairman, Tahnoon bin Zayed Al Nahyan stated: “Immediately, we’re proud to announce the formation of 2PointZero, a subsequent technology holding firm that stands on the forefront of pioneering developments throughout a number of sectors. Embracing the long run with open arms, 2PointZero is dedicated to having a transformative influence globally.

“Our dedication to Expertise and Synthetic Intelligence (AI) is obvious in our dedication to creating options that redefine industries comparable to Monetary Providers, Funding Banking, and Useful resource Administration. Our imaginative and prescient transcends boundaries, and our mission is to construct sustainable ecosystems that empower communities, domesticate technological excellence, and guarantee monetary resilience.”

2PointZero unites business leaders comparable to Chimera Investments, Lunate Capital, Beltone Holdings, and Worldwide Sources Holding (IRH), Sagasse Investments and Citadel Applied sciences below one umbrella.

IHC was based in 1998 as a part of an initiative to diversify and develop non-oil enterprise sectors within the UAE and has grown to turn out to be probably the most beneficial listed holding firm within the Center East with a market cap of Dh879 billion as of September 30.

The 2PointZero portfolio, which is predicted to surpass Dh100 billion in property, displays its dedication to excellence and strategic progress within the digital and crypto ecosystems, useful resource administration, and extra. 

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