Dubai Holding

Dubai Holding
دبي القابضة

Type	Holding Company (Government-owned)
Industry	Diversified Investments Real Estate Financial Services Healthcare Hospitality Media Telecommunication
Founded	October, 2004
Headquarters	Emirates Towers in Dubai, United Arab Emirates
Key people	Sheikh Mohammed bin Rashid Al Maktoum (Founder & Honorary Chairman) Mohammed Al Gergawi (Executive Chairman)
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. Current CEO is Ahmad Bin Byat.

Subsidiaries

Major subsidiaries of Dubai Holding:

• Jumeirah Group
• Dubai Properties
• TECOM Investments - Operates investments and companies in the IT and Telecommunication sector. Company under it Includes:
  • Dubai Internet City
  • Dubai Healthcare 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 - A District Cooling Company
  • Samacom or Du (20%)
• 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
• Sama Dubai

• Dubai International Capital (DIC)
• Dubai Group
  • Dubai Investment Group
  • Dubai Banking Group
  • Noor Investment Group

Major investments

Dubai Holding has major investments in many international firms, such as:-

• EADS (3.12%)^[2]
• Dubai Bank (70%)^[3]
• Travelodge UK (100%)^[4]
• Emirates Towers

References

1. ^ "Dubai Holding Profile", Zawya.
2. ^ John, Issac. "Dubai Int'l Capital buys 3.12pc stake in EADS" , Khaleej Times Online , 2007-07-06.
3. ^ "Dubai Holding 70% Dubai Bank stake", AMEInfo, 2005-12-29.
4. ^ "Dubai International Capital Completes Acquisition of Travelodge", Travelodge UK Official Website , 2006-09-07

External links

• Dubai Holding - Official website