International Holding Company announced leadership appointments for 2PointZero Group, the newly formed investment holding company created through the merger of 2PointZero, Multiply Group, and Ghitha Holding. Her Excellency Mariam bint Mohammed Almheiri was appointed Managing Director with responsibility for strategic direction and governance, while Samia Bouazza took the Chief Executive Officer role to execute strategy and drive expansion. The appointments came after one of Abu Dhabi's largest listed mergers, combining three investment platforms into a single entity with approximately AED 120 billion (USD 32.68 billion) in assets and operations spanning more than 85 countries.
IHC announced the proposed leadership structure in November 2025, with formal board confirmation in December 2025. Syed Basar Shueb, CEO of IHC, stated that the appointments marked the beginning of a powerful new chapter, noting that combined expertise and leadership would drive the company's next phase of global expansion. Almheiri and Bouazza were selected to lead the merged entity as it integrates energy, consumer, and food sectors into a cohesive investment platform. The board also confirmed Sheikh Zayed bin Hamdan bin Zayed Al Nahyan as Chairman in the restructured governance framework.
Almheiri brings extensive experience in policy and investment leadership. She served as the UAE Minister of Climate Change and Environment from September 2021 until December 2023, where she spearheaded the nation's climate action and food security initiatives. She holds degrees in mechanical engineering from RWTH Aachen University in Germany and has worked in international environmental engineering before entering government service. Since early 2024, she led 2PointZero as its first Chief Executive Officer before transitioning to Managing Director following the merger. She also serves as Head of the International Affairs Office at the UAE Presidential Court and holds board positions at First Abu Dhabi Bank, Modon Holding, and the Abu Dhabi Fund for Development.
Bouazza brings deep capital allocation expertise and a track record of disciplined growth. She founded Multiply Marketing Consultancy in 2003 at age 22, transforming it into an award-winning global firm before IHC acquired the company in 2020. The entity rebranded to Multiply Group in 2021 and became the first company led by a woman to list on the Abu Dhabi Securities Exchange in December 2021. Bouazza holds a Bachelor of Arts in Political Science and Public Administration from the American University of Beirut and completed executive education in Strategic Intelligence at Harvard Business School and Digital Disruption at the University of Cambridge. She has orchestrated acquisitions valued at approximately USD 1.5 billion and serves on multiple boards including TAQA and Arena Events Group.
The combined entity reflects IHC's long-term vision to create dynamic value networks across energy and consumer sectors, positioning Abu Dhabi as a global leader in essential industries. The three-way merger unites complementary business platforms: 2PointZero's energy, mining, and financial services assets including International Resources Holding and critical minerals operations; Multiply Group's diversified consumer portfolio spanning mobility, media, apparel, packaging, and beauty; and Ghitha Holding's food security, agriculture, and distribution operations. Industry analysis suggests the consolidated platform aims to leverage dual mega-trends of rising global energy demand and emerging middle-class consumption, with IHC signaling it expects the merged entity to deliver double-digit growth in initial years. The appointments of two executives with strong track records in disciplined capital allocation imply IHC expects shareholder value creation through portfolio optimization and geographic expansion rather than aggressive inorganic dealmaking alone.
