Abu Dhabi's 2PointZero aims to launch IPO by year-end, says group CEO
While speaking at Investopia 2025 in Abu Dhabi on Wednesday, Mariam AlMheiri, group CEO of 2PointZero, said: 'We hope to be listed on the Abu Dhabi Securities Exchange by the end of this year. So keep your eyes and ears open.'
2PointZero is a global investment platform and a subsidiary of International Holding Company (IHC).
Earlier this month, 2PointZero announced the strategic acquisition of Cairo-based Maseera Holding for Financial Investments to launch a new Abu Dhabi-based entity under the Maseera Holding name.
2PointZero plans to invest $1 billion into Maseera over the coming years.
Mariam AlMheiri added that they're 'excited' and looking for more partnerships.
Many UAE companies—both public and private—are tapping the equity markets to raise funds for expansion and to drive growth. It is expected that Abu Dhabi will lead firms in terms of going public this year.
Abu Dhabi-based Alpha Data is the first UAE company to announce an IPO this year and will list on the Abu Dhabi Securities Exchange next month.
On Wednesday, Alpha Data set the final price for its IPO at Dh1.50 per share, at the top end of the previously announced offer price range, raising a total of Dh600 million. It implies a market capitalisation at the listing of Dh1.5 billion.
On Tuesday, Reuters reported that UAE national carrier Etihad Airways will also go public this week and list on the Abu Dhabi bourse.
As reported by Khaleej Times earlier, the UAE IPO pipeline looks strong this year as well after a strong performance in 2024.
Many UAE ministers, bankers, foreign ministers and other dignitaries attended the opening day of Investopia 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
8 minutes ago
- Gulf Business
IHC, RIQ form 10-year alliance, positions Abu Dhabi as key reinsurance hub
Image: Supplied International Holding Company ( RIQ, which was launched earlier this year in Abu Dhabi by IHC in partnership with BlackRock and Lunate, will provide a full suite of reinsurance solutions to IHC and its group companies. The platform is designed to offer capital-efficient coverage for complex specialty and property and casualty (P&C) risks using AI-augmented underwriting. The partnership aims to enhance the resilience and operational agility of IHC's companies and aligns with Abu Dhabi's goal to become a global hub for reinsurance and financial innovation. RIQ to obtain formal authorisation from ADGM as a reinsurer RIQ is currently in the process of obtaining formal authorisation as a reinsurer from the Financial Services Regulatory Authority (FSRA) of ADGM. The reinsurance transaction with IHC is subject to regulatory clearance. Syed Basar Shueb, CEO of IHC, said the partnership reflects the company's belief in 'the transformative power of intelligent capital and data-driven risk transfer.' He added that the collaboration 'is a strategic investment in the future of resilient infrastructure and industrial agility.' Mark Wilson, CEO of RIQ, commented that the partnership is a 'defining step in our mission to reshape global reinsurance from Abu Dhabi outward.' RIQ has over $1bn in equity commitments from IHC and its partners and aims to write $10bn per year in reinsurance premiums. Read:
Zawya
32 minutes ago
- Zawya
IHC, RIQ announce strategic 10-year alliance anchored by over $500mln in reinsurance premiums
ABU DHABI: RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer, has entered into a preferred reinsurance partnership with IHC, anchored by a targeted allocation of over USD 500 million in risk coverage within the coming decade. Based in Abu Dhabi Global Market and launched earlier this year by IHC in partnership with BlackRock and Lunate, RIQ will offer a full suite of reinsurance solutions, working closely with IHC and its portfolio companies to structure capital-efficient coverage across complex Specialty and Property and Casualty (P&C) risk classes. Leveraging advanced data modelling and AI-augmented underwriting, the platform is purpose-built to meet the demands of a rapidly evolving risk environment. This partnership represents IHC's commitment to pioneering intelligent capital deployment and transformative risk transfer solutions. By leveraging RIQ's AI-powered infrastructure, IHC aims to enhance the resilience and operational agility of its group companies. The collaboration also aligns with Abu Dhabi's ambition to lead globally in structured reinsurance and financial innovation. RIQ is currently advancing through its regulatory journey with the Financial Services Regulatory Authority (FSRA) of ADGM, as it moves toward formal authorization as a reinsurer. In parallel, final preparations are underway for the execution of the reinsurance transaction between IHC and RIQ, which remains subject to regulatory clearance. This transaction will mark a foundational step in RIQ's operational rollout. Syed Basar Shueb, CEO of IHC, said: 'This partnership reflects IHC's conviction in the transformative power of intelligent capital and data-driven risk transfer. By aligning with RIQ, we are catalyzing the next chapter of Abu Dhabi's evolution as a global center for reinsurance innovation. This is not just a financial commitment, it is a strategic investment in the future of resilient infrastructure and industrial agility.' Mark Wilson, CEO of RIQ, noted: 'We are proud to collaborate with IHC in this milestone partnership. RIQ's platform is engineered to deliver intelligent risk solutions at pace, fusing advanced analytics, underwriting discipline, and strategic capital. This announcement marks a defining step in our mission to reshape global reinsurance from Abu Dhabi outward.'' Additional strategic updates are expected in the coming months, as RIQ executes on its global buy-and-build strategy. With over USD 1 billion in equity commitments from IHC and strategic partners BlackRock and Lunate, and anchored in AI-native infrastructure, RIQ aims to ultimately write USD 10 billion per year, redefining the future of reinsurance through intelligence, scale, and strategic discipline.
Zawya
33 minutes ago
- Zawya
Four Seasons unveils new beachfront residential project in Abu Dhabi
Four Seasons, a leading luxury hospitality and branded residential company, and ALAIN, a leading Abu Dhabi-based asset management company, have announced plans to develop a new standalone beachfront residential offering in the UAE - Four Seasons Private Residences Abu Dhabi - at Saadiyat Beach. Designed as an exclusive, gated beachfront community, Four Seasons Private Residences Abu Dhabi will offer a collection of ultra-luxury villas, beach mansions, a variety of suites, and penthouses. It will introduce a dynamic mix of living options, each providing a unique blend of luxury and lifestyle comprising of 56 luxury villas including limited beach mansions and 60 suites including penthouse and royal residences, said the developer. It is set to welcome the homeowners in 2029. Four Seasons said the design for each has been inspired by beauty of the surrounding environment – seamlessly blending the architecture, interiors and landscapes. As one of the limited opportunities to own a home on Saadiyat Island's pristine shores, the development will cater to a discerning few seeking privacy, elegance, and timeless living, it added. Bart Carnahan, Global Business Development, Portfolio Management and Residential, Four Seasons, said: "Building on the excitement and demand for Four Seasons residences in the region, this exceptional project presents a distinct coastal living experience, while perfectly complementing our urban offerings in the UAE." "We are pleased to partner with ALAIN to introduce Four Seasons living in such a coveted beachfront community, while expanding our exclusive collection of standalone residences," he stated. Known for its white sand beaches, cultural district, and luxury offerings, Saadiyat Island is ideally located a short drive from the centre of Abu Dhabi, combining the best of beachfront living with convenient access to art, music, entertainment, and more. Residents will exclusively and privately enjoy access to amenities including direct beach access, resident's lounge, pools, tennis and padel courts, spa and fitness facilities including a yoga and meditation studio, children's play areas, cinema, golf simulator and more. Outside of the residences, local attractions are a short drive away, including the Saadiyat Beach Golf Course, Zayed National Museum, Guggenheim and Louvre Abu Dhabi, international airports, and more, he added. Khaled Haji Al Khoori, the Managing Director of ALAIN, said: "Our partnership with Four Seasons reflects our commitment to creating world-class developments that enrich Abu Dhabi's position as a leading destination for exceptional residential experiences." "As a city that proudly stands on the global stage, we seek partners who share our drive for excellence and our ambition to enrich every aspect of life here. Four Seasons Private Residences Abu Dhabi at Saadiyat Beach blends the island's pristine shores, cultural richness, and natural beauty to offer an exclusive, service-rich lifestyle designed for those who value privacy, elegance, and timeless living," stated Al Khoori. "At ALAIN, we are proud to support developments that elevate Abu Dhabi's premier residential landscape and reinforce its global appeal," he stated. In addition to the thoughtfully designed amenities, residents will get to enjoy a service-rich lifestyle marked by Four Seasons legendary care, said Al Khoori. "Led by a Residences General Manager, a Four Seasons residential team will be dedicated to caring for residents and their most important assets, their home. From concierge, housekeeping, culinary and wellness services to ongoing property management, Four Seasons teams become an extension of the home to deliver a seamless lifestyle experience, he added.- TradeArabia News Service Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
