Abu Dhabi's IHC forms new holding company with assets exceeding $27b

Abu Dhabi's IHC forms new holding company with assets exceeding $27b

Abu Dhabi, United Arab Emirates. Photo by Nick Fewings on Unsplash

Abu Dhabi conglomerate International Holding Company (IHC) on Tuesday announced it had established 2PointZero, a holding company which will have more than 100 billion dirhams ($27 billion) in assets.