Dubai Holding
From Wikipedia, the free encyclopedia
| Dubai Holding دبي القابضة |
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| Type | Holding Company (Government-owned) |
| Founded | October, 2004 |
| Headquarters | Emirates Towers in Dubai, |
| Key people | Sheikh Mohammed bin Rashid Al Maktoum (Founder & Honorary Chairman) Mohammed Al Gergawi (Executive Chairman) |
| Industry | Diversified Investments Real Estate Financial Services Healthcare Hospitality Media Telecommunication |
| Employees | 32,000 (including subsidiaries) |
Dubai Holding (Arabic:دبي القابضة) is a holding company that belongs to the Government of Dubai (Sheikh Mohammed bin Rashid Al Maktoum as the Ruler of Dubai holds 99.67% of the company[1]). It manages and controls 20 companies, which operate in real estate, hospitality, finance, healthcare, energy, research, education, entertainment, media, internet, tourism and biotechnology.
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[edit] Subsidiaries
Major subsidiaries of Dubai Holding:
- Dubai International Capital (DIC)
- Dubai Investment Group (DIG)
- Dubai Properties
- Jumeirah Group
- Sama Dubai
- Tatweer - Management of a group of Dubai Holding companies in the real estate, healthcare, entertainment, hospitality and energy sector:
- Universal studios Dubailand
- Dubailand
- The Tiger Woods Dubai
- Dubai Energy - Managing the energy portfolio of Dubai Holding
- Dubai Healthcare City
- Dubai Industrial City
- Mizin
- FREEJ Dubailand
- DreamWorks Dubailand
- Hit Entertainment Dubailand
- Six Flags Dubailand
- Marvel Entertainment Dubailand
- Global Village
- Dubai Mercantile Exchange
- TECOM Investments - Operates investments and companies in the IT and Telecommunication sector. Company under it Includes:
- Dubai Internet City
- Dubai Media City
- Dubai Studio City
- Dubai Knowledge Village
- Dubai Outsource Zone - A Free economic zone for outsourcing companies in Dubai.
- Dubiotech
- eHosting Datafort - Internet hosting service for companies based in Dubai and provides services for IT security.
- Empower
- Samacom or Du (20%)
[edit] Major investments
Dubai Holding has major investments in many international firms. Primarily through its international investment arm: DIC, such as:-
- DaimlerChrysler (2%)[2]
- EADS (3.12%)[3]
- The Tussauds Group (100%)[4]
- Dubai Bank (70%)[5]
- Travelodge UK (100%)[6]
- Emirates Towers (75%)
- Sunbelt rental apartments (21,000 apartments)
Many other unknown investments have been kept secret after the Dubai Ports World deal which put Dubai under the spotlight and opened it to criticism.[citation needed].
[edit] References
- ^ "Dubai Holding Profile", Zawya.
- ^ "Dubai Holding entity becomes third largest shareholder in DaimlerChrysler" , AMEInfo , 2005-01-30.
- ^ John, Issac. "Dubai Int'l Capital buys 3.12pc stake in EADS" , Khaleej Times Online , 2007-07-06.
- ^ "Dubai firm buy Tussauds", BBC News, 2005-03-23.
- ^ "Dubai Holding 70% Dubai Bank stake", AMEInfo, 2005-12-29.
- ^ "Dubai International Capital Completes Acquisition of Travelodge", Travelodge UK Official Website , 2006-09-07
[edit] External links
- Dubai Holding - Official website


