UAE Firm With $900 Million in Cash Turns Cautious on Tech Deals
Abu Dhabi based Multiply Group is looking at companies in the wellness and beauty, utilities and media sectors.
Photographer: Karim Sahib/AFP/Getty Images
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Multiply Group, the Abu Dhabi holding company with investments ranging from Getty Images to Rihanna’s lingerie firm, is taking a break from pure technology investments to focus on less volatile sectors.