| Dubai Holding دبي القابضة |
|
|---|---|
| Type | Investment 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 an investment company that belongs to 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 more than 20 companies which have diversified business in real estate, hospitality, finance, healthcare, energy, research, education, entertainment, media, internet, tourism and biotechnology.
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Subsidiaries
These are the 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, finance, media, entertainment, sport, hospitality and energy sector:
- Dubailand
- The Tiger Woods Dubai
- Dubai Energy - Managing the energy portfolio of Dubai Holding
- Dubai Healthcare City
- Dubai Industrial City
- Mizin
- Moutamarat
- Dubai Mercantile Exchange
- TECOM Investments - Operates investments and companies in the information & communication technologies, media, education, life sciences, and clean technology sectors. Companies under it include:
- Dubai Internet City
- Dubai Outsource Zone - A Free economic zone for outsourcing companies in Dubai.
- eHosting Datafort - Internet hosting service for companies based in Dubai and provides services for IT security.
- Emirates Integrated Telecommunications Company, a.k.a. Du (20%)
- Emirates International Telecom Ltd.
- Dubai Media City
- Dubai Studio City
- Arab Media Group
- Media Services Group
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- Dubai Knowledge Village
- Dubai International Academic City
- Dubiotech
- Enpark
- Empower
Major investments
Dubai Holding has major investments in many international firms. Primarily through its international investment arm: DIC, such as:-
- Daimler AG (2%)[2]
- EADS (3.12%)[3]
- The Tussauds Group (20%)[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..
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
External links
- Dubai Holding - Official website


