Dubai Holding
Encyclopedia
Dubai Holding 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). 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
.
Mohammed bin Rashid Al Maktoum
Mohammed bin Rashid Al Maktoum , also Sheikh Mohammed, , is the Prime Minister and Vice President of the United Arab Emirates , and absolute monarch of Dubai.-Personal life and education:...
as the Ruler of Dubai holds 99.67% of the company). 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
Ahmad Bin Byat
Ahmad Abdullah Juma Bin Byat is Director General of the Dubai Technology and Media Free Zone Authority in Dubai, United Arab Emirates.Recently appointed as the Chief Executive Officer of Dubai Holding, Bin Byat occupies several high-ranking directorial positions in Dubai including Director General...
.
Subsidiaries
Major subsidiaries of Dubai Holding:- Jumeirah Group
- Dubai PropertiesDubai PropertiesDubai Properties is a subsidiary of [Dubai Properties Group] which is a member of the Dubai Holding group and is based in Dubai, United Arab Emirates...
- TECOM Investments - Operates investments and companies in the IT and Telecommunication sector. Company under it Includes:
- Dubai Internet CityDubai Internet CityDubai Internet City is an information technology park created by the government of Dubai as a free economic zone and a strategic base for companies targeting regional emerging markets. The economic rules of DIC allow companies to avail themselves of a number of ownership, taxation and custom...
- Dubai Healthcare City
- Dubai Media CityDubai Media CityDubai Media City , part of Dubai Holding, is a tax-free zone within Dubai, United Arab Emirates. It has been built by the Dubai government to boost UAE's media foothold, and has become a regional hub for media organizations including news agencies, publishing, online media, advertising, production,...
- Dubai Studio CityDubai Studio CityDubai Studio City is part of Dubai Media City in Dubai, UAE. Following in the footsteps of Dubai Media City, it will cater to the production needs of the region and has plans to build movie studios like Hollywood sound stages backlots for various production needs...
- Dubai Knowledge VillageDubai Knowledge VillageDubai Knowledge Village is a educational free trade zone campus in the city of Dubai, United Arab Emirates, that provides facilities for training and learning institutions to operate with 100% foreign ownership. There are over 400 institutions operating within it, which include universities,...
- Dubai Outsource Zone - A Free economic zoneFree economic zoneMany countries have, or have had at some time, designated areas where companies are taxed very lightly or not at all to encourage development or for some other reason...
for outsourcingOutsourcingOutsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...
companies in DubaiDubaiDubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
. - DubiotechDubiotechDuBiotech, short for The Dubai Biotechnology and Research Park is a new development in Dubai aimed to attract biotechnology research and development to the emirate...
- eHosting Datafort - Internet hosting serviceInternet hosting serviceAn Internet hosting service is a service that runs Internet servers, allowing organizations and individuals to serve content to the Internet. There are various levels of service and various kinds of services offered....
for companies based in Dubai and provides services for IT security. - EmpowerEmpowerVariants of the term empower occur in:* Empower America, a conservative think tank in the United States* EMPOWER, a Thai organization supporting sex workers...
- A District Cooling Company - Samacom or DuDu (telco)The Emirates Integrated Telecommunications Company is a telecommunications company in the United Arab Emirates. Although Emirates Integrated Telecommunications Company is its legal name, it was commercially rebranded as du in February 2006...
(20%)
- Dubai Internet City
- TatweerTatweerTatweer is a member company and subsidiary of Dubai Holding, a Dubai-based holding company set up by the government of Dubai to manage its assets and investments...
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 DubaiThe Tiger Woods DubaiThe Tiger Woods Dubai is a proposed Tiger Woods-designed golf course and residential development in Dubai. It is a joint venture between Tiger Woods Design and Tatweer, a member company of Dubai Holding...
- Dubai Energy - Managing the energy portfolio of Dubai Holding
- Dubai Healthcare City
- Dubai Industrial CityDubai Industrial CityDubai Industrial City is the dedicated industrial city in Dubai, covering an area of 560 million Sq ft. It will be city within a city. When completed the development will include food and beverage zones, base-metal and transportation zones, warehouses and an extensive conservation area. These areas...
- Mizin
- FREEJ Dubailand
- DreamWorks Dubailand
- Hit Entertainment Dubailand
- Six Flags DubailandSix Flags DubailandIn March 2008, Dubai Holdings, Inc. and Six Flags announced a corporate marketing alliance that would allow Tatweer, a member of Dubai Holdings, Inc., to lease the exclusive right to the Six Flags brand name in the Dubailand Development of the United Arab Emirates...
- Marvel Entertainment Dubailand
- Global VillageGlobal Village (Dubai)Global Village Dubailand is the world's largest tourism, leisure and entertainment project. It is the region’s first premier cultural, entertainment, family and shopping destination; celebrating diverse cultures, art, theater and cuisine from around the world. Every year, it welcomes 6 million...
- Dubai Mercantile ExchangeDubai Mercantile ExchangeThe Dubai Mercantile Exchange is a commodity exchange based in Dubai currently listing its flagship futures contract, DME Oman Crude Oil Futures Contract...
- Sama DubaiSama DubaiSama Dubai is a member company and subsidiary of Dubai Holding, a holding company set up by the government of Dubai. Sama Dubai was created as a company with wider responsibility and mandate than its previous predecessor . Sama Dubai is practically the international property arm of Dubai Holding...
- Dubai International CapitalDubai International CapitalDubai International Capital is the international investment arm of Dubai Holding, a holding company and sovereign wealth fund of the government of Dubai and its ruling family and has been over-leveraged to the point whereby the company is not able to service its interest payments in a normal fashion...
(DIC) - Dubai GroupDubai GroupDubai Group is an investment company based in the United Arab Emirates, and a subsidiary of Dubai Holding. Originally founded in 2000 as The Investment Office, the company was renamed Dubai Group in 2005...
- Dubai Investment Group
- Dubai Banking GroupDubai Banking GroupDubai Banking Group is the global shari'a compliant financial investor of Dubai Group with assets valued at over USD 10 billion...
- Noor Investment Group
Major investments
Dubai Holding has major investments in many international firms, such as:-- EADSEADSThe European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...
(3.12%) - Dubai BankDubai BankDubai Bank is an Islamic bank based in Dubai, UAE. Launched in September 2002, the Bank became a Shari’a-compliant financial institution with a focus on the UAE’s Islamic banking sector on January 1, 2007...
(70%) - Travelodge UKTravelodge UKTravelodge Hotels Limited is a private company operating in the hotels and hospitality industry throughout the United Kingdom. Branded simply as Travelodge or Travelodge UK, it is the second largest in the budget hotel sector and third biggest hotel chain in the UK by number of bedrooms...
(100%) - Emirates TowersEmirates TowersThe Emirates Towers complex contains the Emirates Office Tower and Jumeirah Emirates Towers Hotel. The two towers, which rise to and , respectively, stand as the 12th- and 29th-tallest buildings in the world. The two towers are connected by a 9,000 m² two-storey retail complex known as "The...