Multiply Group, a technology-enabled holding company based in Abu Dhabi that owns shares in Abu Dhabi based Viola Communications, announced that it will be investing AED 367 million into the Dubai Electricity and Water Authority’s (DEWA) landmark initial public offering as a cornerstone investor.
The Group’s latest investment follows a series of strategic acquisitions, which looks to create a unique technology-enabled ecosystem to pursue growth across five vertical segments: media and communications, utilities, ventures, wellness and beauty, and digital economy. The past year saw Multiply Group acquire stakes in UAE-based assets with substantial earning potential and international hi
To continue reading this article you need to be registered with Campaign. Registration is free and only takes a minute. Register Now or sign in below if you already have an account.
