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Dubai Holdings
Dubai Holding ( ar, دبي القابضة) is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's personal investment portfolio, which owns 99.67% of the capital. It is a global investment holding company. Mohamed al Gergawi built the portfolio. Sheikh Ahmed bin Saeed al-Maktoum has been appointed as chairman by Dubai ruler. Dubai Holding has over US$130 billion in assets in 13 countries as well more than 20,000 employees worldwide. In 2021, the Pandora Papers leaks revealed that Dubai Holding owned three companies through a secretive offshore system. History Dubai Holding was established in 2004. * ''2004'': Madinat Jumeirah opened, as a themed Arabian resort. * ''2005'': Dubai Studio City was announced. * ''2005'': du launched in 2005, with the mission to connect people and businesses through mobile, telephone, broadband and IPTV services across the UAE. * ''2005'': Dubai International Academic City opened. * ''2006'': Emirates International Communications (EIT) launch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
