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Dubai Holding
دبي القابضة
TypeState-owned
IndustryHospitality
Financial services
Real Estate
Specialised Business Parks
Healthcare
Media
Telecommunication
FoundedOctober, 2004
Headquarters
Dubai Holding Corporate Office in Dubai
Key people
  • Sheikh Ahmed bin Saeed Al Maktoum
    (Chairman)
  • Amit Kaushal
    (Chief Executive Officer)
RevenueIncreaseUS$4.57 billion (2016)[1]
Number of employees
15,000 (including subsidiaries)
ParentDubai Inc.

Dubai Holding (Arabic: دبي القابضة) is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's personal corporate portfolio.[2] It is a global investment holding company. Mohamed al Gergawi built the portfolio.[2] Sheikh Ahmed bin Saeed al-Maktoum has been appointed as chairman by Dubai ruler.[3] Dubai Holding has over 130 billion in assets in 13 countries as well more than 20,000 employees worldwide.[4][5] In 2021, the Pandora Papers leaks revealed that Dubai Holding owned three companies through a secretive offshore system.[6]

History

Dubai Holding was established in 2004.[7]

Subsidiaries

Major business groups of Dubai Holding:[20]

References

  1. ^ "Operational progress drives Dubai Holding revenues up 16%". Gulf News. Retrieved 2017-12-26.
  2. ^ a b Young, Karen E. (2014). The Political Economy of Energy, Finance and Security in the United Arab Emirates. London: Palgrave Macmillan UK. pp. 69–70. doi:10.1057/9781137021977. ISBN 978-1-349-43777-1.
  3. ^ "Dubai ruler appoints Emirates' chairman to oversee Dubai Holding, Meraas". www.reuters.com/. 7 November 2019. Retrieved 2019-11-07.
  4. ^ "Global Investment Holding Company | Dubai Holding". Dubai Holding Website. Retrieved 2021-08-24.
  5. ^ "Dubai Holding | Leading Developer | Dubai Properties". www.dp.ae. Retrieved 2021-08-24.
  6. ^ Miller, Greg; Cenziper, Debbie; Whoriskey, Peter. "Billions hidden beyond reach". Washington Post. Retrieved 2021-10-03.
  7. ^ Best of Dubai. ISBN 9781904566717.
  8. ^ "Complete Guide to Madinat Jumeirah in Dubai". uaecontact.com.
  9. ^ "Studio City's Boutique Studios". gulfnews.com.
  10. ^ The Report: Dubai 2008 Studios. 2008. ISBN 9781902339054.
  11. ^ "Dubai Academic City". education.theemiratesnetwork.com. Archived from the original on 2018-07-12. Retrieved 2017-11-05.
  12. ^ "Dubai Holding Profile". bloomberg.com.
  13. ^ "Dubai Back Smart City Opens, Eyes 90,000 Tech Jobs by 2020". bloomberg.com.
  14. ^ "Jumeirah Beach Residence Miami Right Here". gulfnews.com.
  15. ^ "Construction Starts on 272m Phase 2 of Dubai Design District". arabianbusiness.com.
  16. ^ "In5 start-up incubator launched in UAE". arabianbusiness.com.
  17. ^ "Dubai's Mall of the World Development on the Move Again". thenational.ae. 31 August 2016.
  18. ^ "Dubai Design District Phase Two and Three to be Ready by 2019 and 2021". thenational.ae. 12 October 2016.
  19. ^ "Hamdan Launches Dubai Innovation Hub Initiative". thenational.ae.
  20. ^ "Dubai Holding (L.L.C) (Dubai Holding) - Company Details on ZAWYA MENA Edition". www.zawya.com. Retrieved 2018-05-30.