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
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing is ...
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
.
Mohamed al Gergawi built the portfolio.
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
Dubai International Academic City (DIAC), informally known as Academic City, is a university town in the city of Dubai, United Arab Emirates along the Dubai-Al Ain Road. The project was launched in May 2006 in liaison with Dubai Knowledge Park. T ...
opened.
* ''2006'': Emirates International Communications (EIT) launched in 2006, and invests in communication organizations across the Middle East, Europe, Africa and South Asia, including
Interoute Communications Ltd.
* ''2007'':
SmartCity launched in Kochi and Malta, creating purpose-built spaces for working and living.
* ''2008'':
Jumeirah Beach Residence official opening.
* ''2013'': The Dubai Design District (d3) was created for the design community, both local and international.
* ''2013'':
in5 launched to provide early stage companies with support, infrastructure and a working environment.
* ''2014'':
Mall of the World was announced in 2014, to aligned with the Dubai Tourism Vision 2020.
* ''2014'': The Creative Community at d3 was announced in 2014, offering an outdoor space for creatives.
* ''2014'': The Innovation Hub was announced in 2014, and will focus on innovation across new media, technology, smart education and sciences coming from Dubai Media City and Dubai Internet City. Phase I will be launched in 2017.
Subsidiaries
Major business groups of Dubai Holding:
*
Jumeirah Group
*
Dubai Properties
*
TECOM Group
*
Arab Media Group
Arab Media Group (AMG) is a Dubai, United Arab Emirates based entertainment company and a strategic business vertical of Dubai Holding. AMG covers radio broadcasting, event management, and family entertainment. AMG is an engaging premier integr ...
*
Dubai International Capital
*
Dubai Group
Dubai Group is an Emirati investment company based in the United Arab Emirates, and a subsidiary of Dubai Holding
Dubai Holding ( ar, دبي القابضة) is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's personal investment portfo ...
*
Emirates Integrated Telecommunications Company
Emirates Integrated Telecommunications Company P.J.S.C. ( ar, شركة الإمارات للاتصالات المتكاملة), commercially rebranded as ''du'' in February 2007, is one of the two main telecom operators in the United Arab Emi ...
*
Meraas
Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. As of 2020, Meraas was reportedly due to become a subsidiary of Dubai Holding.
History
Since its founding in 2007, the Dubai ...
* Wild Wadi Waterpark
* The Emirates Academy of Hospitality Management
References
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Financial services companies established in 2004
Companies based in Dubai
Investment companies of the United Arab Emirates
Holding companies established in 2004
Government-owned companies of the United Arab Emirates