Brussels: H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler's Representative in the Al Ain Region, recently received a delegation from IHC and 2PointZero Group, led by H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan. The meeting focused on the groups' strategic vision and investment plans aimed at bolstering the UAE's economic diversification.
According to Emirates News Agency, the delegation included Mariam bint Mohammed Almheiri, Vice Chair of 2PointZero Group, and Syed Basar Shueb, CEO and Managing Director of IHC, and Board Member of 2PointZero Group. They presented their strategy which prioritizes investments in advanced technology, the digital economy, renewable energy, and advanced industries. These initiatives are intended to enhance the UAE's economic competitiveness.
During the meeting, also attended by Sheikh Mohammed bin Hamdan bin Zayed Al Nahyan, H.H. Sheikh Hazza bin Zayed Al Nahyan was briefed on key projects under development by the groups. These projects aim to foster innovation ecosystems and encourage strategic investments in emerging economic trends, including sectors like food industries, consumer goods, and artificial intelligence.
H.H. Sheikh Zayed bin Hamdan bin Zayed Al Nahyan highlighted the importance of innovation and entrepreneurship, along with developing knowledge-based industries. He emphasized collaboration between public and private sectors as crucial for achieving sustainable development.
The delegation expressed gratitude to H.H. Sheikh Hazza bin Zayed Al Nahyan for his ongoing support of national companies' strategic investment initiatives. They reaffirmed their commitment to economic growth and developing projects that position Abu Dhabi and the UAE as prime destinations for future sector investments.
IHC, recognized as the most valuable holding company in the Middle East, holds a market capitalization of AED878.5 billion. The company's operations extend across more than 1,400 subsidiaries in industries such as asset management, healthcare, and IT. Meanwhile, 2PointZero Group, a subsidiary of IHC, manages an investment asset base valued at AED120 billion and operates in over 85 countries, further expanding its global presence.
