Dubai Holding
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Dubai Holding (Template:Langx) is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's global investment holding company and personal investment portfolio.[1]
Mohamed al-Gergawi built the company's portfolio.[1] Sheikh Ahmed bin Saeed al-Maktoum was appointed chairman by the Dubai ruler.[2] Dubai Holding has over Template:Currency in assets in 13 countries and around 20,000 employees worldwide.[3][4]
In 2021, leaks from the Pandora Papers about a secretive offshore system used to hide income from tax authorities and creditors revealed that Dubai Holding used three shell companies.[5]
History
Dubai Holding was established in 2004.[6]
- 2004: Madinat Jumeirah opened as a themed Arabian resort.[7]
- 2005: Dubai Studio City was announced.[8]
- 2005: du, a telecom provider company, was launched.[9]
- 2005: Dubai International Academic City opened.[10]
- 2006: Emirates International Communications (EIT) launched, and invested in communication organizations across the Middle East, Europe, Africa and South Asia, including Interoute Communications Ltd.[11]
- 2007: SmartCity launches in Kochi and Malta.[12]
- 2008: Jumeirah Beach Residence officially opened.[13]
- 2013: The Dubai Design District (d3) was created, supposedly for the design community.[14]
- 2013: in5 launched to provide early-stage companies with support.[15]
- 2014: Mall of the World was announced to align with the Dubai Tourism Vision 2020.[16]
- 2014: The Creative Community at d3 was announced.[17]
- 2014: The Innovation Hub was announced; the hub focused on innovation from Dubai Media City and Dubai Internet City. It was inaugurated in May 2022.[18]
Subsidiaries
Major business groups of Dubai Holding:[19]
- Jumeirah Group
- Dubai Properties
- TECOM Group
- Arab Media Group
- Dubai International Capital
- Dubai Group
- Emirates Integrated Telecommunications Company
- Meraas
- Wild Wadi Waterpark
- The Emirates Academy of Hospitality Management
- Dubai Parks and Resorts
References
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