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Multiply Group

Multiply Group boosts OOH ad portfolio with BackLite buy

In a strategic move to expand its footprint in the burgeoning Out-of-home (OOH) advertising space, Multiply Group, the Abu Dhabi-based holding company, has acquired 100% of BackLite Media, a premier Digital Out-of-Home (DOOH) advertising compa

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Multiply Group Q3 net profit shoots up 337pc to $90.12m

Multiply Group’s third-quarter (Q3) net profit excluding fair value changes has shot up 337% to AED331 million ($90.12 million) compared to the same quarter of 2022 spurred by organic growth across its four core verticals. 

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Multiply Group Q3 net profit shoots up 337pc to $90.12m

Multiply Group’s third-quarter (Q3) net profit excluding fair value changes has shot up 337% to AED331 million ($90.12 million) compared to the same quarter of 2022 spurred by organic growth across its four core verticals. 

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Multiply Group invests $100m in EIG’s Breakwater Energy

Multiply Group, an Abu Dhabi-based investment holding company, is acquiring a minority interest in Breakwater Energy for AED367 million ($100 million). This investment comes under Multiply+, the Group’s sector-agnostic arm that is more o

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Multiply Group to help rid oceans of 100,000 pounds of plastic

Multiply Group, an Abu Dhabi-based investment holding company, is partnering with US-based 4ocean to offset more than 100,000 pounds (45,359 kgs) of plastic waste and contribute to ocean and coastline clean-up efforts.   

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Multiply Group unveils 2023 strategy; plans more acquisitions

Multiply Group, an Abu Dhabi-based holding company majority owned by International Holding Company, said it has set a strategic growth plan targeting more investment in cash-generating and transformative businesses in 2023, diversified across

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Multiply Group expands with energy firm acquisition

Multiply Group, an Abu Dhabi-based holding company with global presence across five industries, including media and communications, utilities, mobility, wellness and beauty, and digital economy, has acquired 80 per cent of International Energy

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Multiply Group expands with energy firm acquisition

Multiply Group, an Abu Dhabi-based holding company with global presence across five industries, including media and communications, utilities, mobility, wellness and beauty, and digital economy, has acquired 80 per cent of International Energy

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ADQ monetises 8.6% stake in Abu Dhabi energy group Taqa

ADQ, an Abu Dhabi-based investment and holding company, today (September 13) announced that it has entered into an agreement to monetise a stake of 8.6% in Abu Dhabi National Energy Company (Taqa) to Multiply Group, Abu Dhabi Pension Fund and

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ADQ monetises 8.6% stake in Abu Dhabi energy group Taqa

ADQ, an Abu Dhabi-based investment and holding company, today (September 13) announced that it has entered into an agreement to monetise a stake of 8.6% in Abu Dhabi National Energy Company (Taqa) to Multiply Group, Abu Dhabi Pension Fund and

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