Dubai Holding (Arabic: ??? ????????) is a global investment holding company that develops and manages an extensive portfolio of companies focused on investments, financial services, real estate, specialized business parks, telecommunications and hospitality. It is majority owned by Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, and the primary founder of Dubai Inc.). Abdulla Al-Habbai has been chosen as chairman by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum.
Video Dubai Holding
History of Key Projects and Initiatives
Dubai Holding was established in 2004, with the directive of managing key, large scale, Dubai projects and initiatives, with the aim of development for a varied, and sustainable, future economy.
After this they developed key projects, such as:
- 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 opened.
- 2006: Emirates International Communications (EIT) launched in 2006, and invests in communication organisations across the Middle East, Europe, Africa and South Asia.
- 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.
Maps Dubai Holding
Subsidiaries
Major business groups of Dubai Holding:
1. Jumeirah Group, Jumeirah Hotels and Resorts is a Dubai-based international luxury hotel chain.
2. Dubai Properties Group (DPG), is a property development and management company based in Dubai, United Arab Emirates. and its portfolio includes:
- Business Bay
- Jumeirah Beach Residence
- Dubailand
3. TECOM Group - formerly known as TECOM Investments, operates 11 sector-focused communities in Dubai. It operates and develops onshore business parks and free trade zones, including:
- 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.
- Dubai Industrial City
- Dubai Design District
- TECOM Group also invests in:
- Dubai Science Park
- eHosting Datafort - Internet hosting service for companies based in Dubai; provides services for IT security.
- Emirates Central Cooling Systems Corporation (EMPOWER) - A District Cooling Company
- Nexgen Advisory Group
- Energy Management Services (EMS)
4. ARAB MEDIA GROUP - New Media and Family Entertainment Vertical also managing:
- Global Village (Dubai)
- Arabian Radio Network
- Done Events
5. Dubai International Capital(DIC) is the international investment arm of Dubai Holding, a global conglomerate and sovereign wealth fund of the government of Dubai and its ruling family.
6. Dubai Group is an investment company based in the United Arab Emirates. The company was founded in 2000 as the Investment Office, and was renamed Dubai Group in 2005. Through its companies, the group focuses on banking, investments and insurance in the United Arab Emirates and globally.
7. Emirates Integrated Telecommunications Company invests in telecommunications in EMEASA region.
References
Source of the article : Wikipedia
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