About Multiply Group
Multiply Group is a publicly listed company based in Abu Dhabi (United Arab Emirates) founded in 2003, and was acquired by IHC in June 2020. Multiply Group is engaged in diversified global investments. It operates on a Brokerage / Intermediation and Revenue Share model. Multiply Group has completed 6 acquisitions, including BackLite Media, International Energy Holding and Isem Packaging Group. Multiply Group offers products and services including Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty. Its focus areas include Financials, Investment Management, Diversified Investments and Energy.
Company details
Multiply Group, based in Abu Dhabi, UAE, is involved in the investment and operation of businesses across multiple strategic verticals including Mobility, Energy and Utilities, Media and Communications, and Wellness and Beauty. Anchor investments are utilized to generate long-term recurring income, while bolt-on acquisitions are pursued for growth. A sector-agnostic arm, Multiply, focuses on opportunistic investments. Technology is leveraged to catalyze profitable growth in portfolio companies, spanning sustainable energy providers, high-growth mobility firms, leading media entities, and prominent wellness and beauty brands. A global investment strategy is adopted to unlock the full potential of these businesses.
- Annual Revenue$7 B311.17as on Dec 31, 2025
- Net Profit$3.37 Bas on Dec 31, 2025
- EBITDA$1.91 B177.68as on Dec 31, 2025
- Investors
- Investments & AcquisitionsBackLite Media
& 5 more
- Acquired byIHC
(Jun 2020)
Products & Services of Multiply Group
Multiply Group offers a comprehensive portfolio of products and services, including Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty.
Investment portfolios are managed across diverse strategic verticals.
High-growth mobility companies are supported and operated.
Sustainable energy and utility providers are invested in.
Leading media and communication businesses are operated.
Top wellness and beauty companies are supported.
Investors in Multiply Group
Multiply Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IHC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IHC is recognized as a leading global investment company. | 1998 | ihcuae.com | Abu Dhabi, United Arab Emirates |
Investor details for Multiply Group
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People of Multiply Group
17 people are tracked at Multiply Group (11 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Syed Qadri | Chief Technology Advisor | Leadership |
MacIej Gerhardt | Director Of Portfolio (operating Partner) | Leadership |
Ruchi Sharma | Legal And Compliance Director | Leadership |
Samia Bouazza | Group CEO And Managing Director | Leadership |
Kaiser Geelani | Chief Economist | Leadership |
Lama Al Bachir | Strategy And Growth Director | Leadership |
Mehdi Bizri | Executive Director - BD MENA And APAC | Leadership |
Naveed Khan | Group Finance Director | Leadership |
Omar Fayed | Business Director | Leadership |
Jawad Hassan | Head Of Media And Communications Vertical | Leadership |
Wassim El Jurdi | Director Of Communications | Leadership |
Siyu Quan | Economic Consultant | Team |
David Peters | Investment Manager | Team |
Anas al Khalaileh | Senior Fp&a And Corporate Strategy | Team |
Nihal Fahim | Marketing Manager | Team |
Yassine Lahlou | Private Equity Investment & Value Creation | Team |
Manuel Campuzano Gómez-Acebo | Direct Investments - Fashion & Retail, Media & Comms, Wellness & Beauty, Mobility And Energy | Team |
Complete people profiles for Multiply Group
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IPO & Listings of Multiply Group
Multiply Group is a publicly listed company on the ADX with ticker symbol MULTIPLY in UAE, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Dec 2021
- Listed onADSM: MULTIPLY
- Listed entityMultiply Group PJSC
- Exchange sectorCommercial services
- ISINAEM001001019
- Share price2.61 AED (+0.77% on the day) · 2025-11-18
- Market capitalisation29,232,001,495.00 AED
- Price to earnings5.5
- EPS (diluted, trailing year)0.47 AED
- Volume (last session)13,250,279
- Analyst consensusNeutral
Financials of Multiply Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 7.00B AED | 3.37B AED | 1.91B AED |
| 2024 | 1.70B AED | -5.6M AED | 688.0M AED |
| 2023 | 1.29B AED | 337.8M AED | 528.1M AED |
| 2022 | 1.13B AED | 18.43B AED | 451.7M AED |
| 2021 | 371.9M AED | 184.9M AED | 164.3M AED |
Detailed financial statements for Multiply Group
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Investments & Acquisitions by Multiply Group
Multiply Group has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BackLite Media, International Energy Holding and Isem Packaging Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Luxury packaging solutions are provided by Isem Packaging Group. | isempackaginggroup.com | 0 | Oct 2025 | •••• | ||
Multi-brand fashion retail network is operated via omnichannel ecosystem. | tendam.es | Madrid, Spain | 1880 | Feb 2025 | •••• | |
Multi-national outdoor advertising services are provided globally. | backlitemedia.com | Dubai, United Arab Emirates | 1996 | Feb 2024 | •••• | |
Outdoor advertising services provided in Dubai since 2005. | media247.ae | Dubai, United Arab Emirates | 2005 | Apr 2023 | •••• | |
Solar energy projects are developed internationally by the company. | Odessa, United States | 2014 | Oct 2022 | •••• | ||
Digital marketing services are provided by Viola in the UAE. | viola.ae | Abu Dhabi, United Arab Emirates | 2001 | Oct 2021 | •••• |
Complete acquisition details for Multiply Group
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Timeline of Multiply Group
9 dated milestones of Multiply Group across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Multiply Group is founded.
- Exit Acquired by IHC.
- Acquisition Acquires Viola Communications.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires International Energy Holding.
- Acquisition Acquires Media 247.
- Acquisition Acquires BackLite Media.
- Acquisition Acquires Tendam.
- Acquisition Acquires Isem Packaging Group.
Web traffic of Multiply Group
Websites that share an audience with Multiply Group (multiply.ae).
Websites whose visitors overlap most with Multiply Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ada.ae | 100% | 24.9K | #1,146,997 | View details | |
addcd.gov.ae | addcd.gov.ae | 94% | #1,824,581 | – | |
| adports.ae | 91% | 125.3K | #355,196 | View details | |
mmg.global | mmg.global | 27% | #4,892,696 | – |
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Related news about Multiply Group
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Frequently Asked Questions about Multiply Group
Multiply Group was founded in 2003.
Multiply Group is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
Multiply Group, based in Abu Dhabi, UAE, is involved in the investment and operation of businesses across multiple strategic verticals including Mobility, Energy and Utilities, Media and Communications, and Wellness and Beauty. Anchor investments are utilized to generate long-term recurring income, while bolt-on acquisitions are pursued for growth. A sector-agnostic arm, Multiply, focuses on opportunistic investments. Technology is leveraged to catalyze profitable growth in portfolio companies, spanning sustainable energy providers, high-growth mobility firms, leading media entities, and prominent wellness and beauty brands. A global investment strategy is adopted to unlock the full potential of these businesses.
Multiply Group offers Investment Portfolio Management, Mobility Solutions, Energy & Utilities, Media & Communications, and Wellness & Beauty.
Yes, Multiply Group is publicly traded on ADX under the ticker symbol MULTIPLY.
Multiply Group has made 6 acquisitions, including BackLite Media, International Energy Holding, and Isem Packaging Group.
Multiply Group has 1 investor. Key investors include IHC.
Multiply Group operates through Multiply Group.
Yes. Multiply Group was acquired by IHC in June 2020.