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Tuesday, November 4, 2025

Multiply Group’s Big Move: Merges With 2PointZero and Ghitha

Multiply Group PJSC has announced a strategic business merger following its acquisition of stakes in 2PointZero and Ghitha Holding from International Holding Company (IHC). The merger, completed through a share swap arrangement, marks an important step in Multiply’s plan to build a wider and more diversified investment base in the UAE and abroad.

Capital Growth and Market Reach

The deal will raise Multiply Group’s capital from Dh2.8 billion to roughly Dh8.64 billion, significantly boosting its financial strength. This increase signals the group’s readiness to pursue larger investment opportunities and enhance its market presence across key sectors like energy, renewable exports, mining, manufacturing, and consumer services.

According to market observers, this expansion could help Multiply strengthen its position among Abu Dhabi’s growing network of diversified investment firms. It also fits with the UAE’s national plan to attract global investors and stimulate cross-sector partnerships that drive long-term economic stability.

Integrating Strengths for Balanced Growth

Through the merger, Multiply brings together the industrial capabilities of 2PointZero with Ghitha Holding’s strong presence in consumer markets. The company expects this integration to create operational synergies, improve efficiency, and streamline management across various business units.

Executives at Multiply believe blending these two areas industrial and consumer will produce new opportunities for innovation and growth. The merger’s design also supports the broader strategy seen across several IHC-related companies, where consolidation drives focus, value creation, and scale.

A Step Toward Global Relevance

The share swap with IHC provides Multiply with access to a wider asset network while keeping it aligned with the UAE’s strategy for sustainable development and sectoral diversification. The enlarged capital base gives the company room to explore downstream opportunities in renewable projects and regionally strategic industries.

Industry analysts say the deal represents more than a financial expansion; it shows confidence in the long-term potential of UAE-based investment groups to compete regionally and globally.

A Vision for the Future

Multiply Group’s leadership sees this merger as part of a continuing journey toward becoming a more agile, global investment player. With strong roots in Abu Dhabi and growing influence in international markets, Multiply plans to keep building its portfolio around innovation, sustainability, and consistent value for its shareholders.

Mariam Banu

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