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. A holding company is a company that owns part all or a majority of other companies' outstanding Stock. A government-owned corporation, state-owned enterprise or government business enterprise is a legal entity created by a Government to undertake commercial The Emirates Towers complex contains the Emirates Office Tower and Jumeirah Emirates Towers Hotel. Dubai (in دبيّ,) is one of the seven emirates and most populous city of the United Arab Emirates (UAE Sheikh, also rendered as Sheik, Cheikh, Shaikh, and other variants ( Arabic:, shaykh Mohammed bin Rashid Al Maktoum ( Arabic محمد بن راشد المكتوم) also Sheikh Mohammed ( Honourific) (born July 22, Mohammed Al Gergawi (محمد القرقاوي is the United Arab Emirates Minister of State for Cabinet Affairs Chairman of The Executive Office and the Executive Chairman For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Investment or investing is a term with several closely-related meanings in Business management, Finance and Economics, related to saving Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom Financial services refer to services provided by the finance industry. Health care is the prevention treatment and management of illness and the preservation of mental health through the services offered by the medical, Nursing Hospitality refers to the relationship process between a Guest and a host and it also refers to the act or practice of being hospitable that is the reception and entertainment "Popular press" redirects here note that the University of Wisconsin Press publishes under the imprint "The Popular Press" Employment is a Contract between two parties, one being the employer and the other being the employee. Arabic (ar الْعَرَبيّة (informally ar عَرَبيْ) in terms of the number of speakers is the largest living member of the Semitic language Mohammed bin Rashid Al Maktoum ( Arabic محمد بن راشد المكتوم) also Sheikh Mohammed ( Honourific) (born July 22, 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.
Subsidiaries
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, entertainment, hospitality and energy sector:
- TECOM Investments - Operates investments and companies in the IT and Telecommunication sector. Dubai International Capital (DIC was established in October 2004 as the international investment arm of Dubai Holding. Dubai Properties is a member of the Dubai Holding group and is based in Dubai, United Arab Emirates. Jumeirah (fullname Jumeirah Group formerly Jumeirah International Group is an international luxury hotel chain and part of Dubai Holdings, which is owned by Dubai Government Sama Dubai ( Arabic:سما دبي is a member company and subsidiary of Dubai Holding, a Holding company set up by the government of Dubai Tatweer ( Arabic:تطوير - Development) is a member company and subsidiary of Dubai Holding, a Dubai-based holding company set up by the government of Dubailand is an entertainment complex under development in Dubai, United Arab Emirates, which is owned by Tatweer (which belongs to Dubai Holding The Tiger Woods Dubai ( Arabic:ذي تايجر وودز دبيّ is the first Tiger Woods -designed Golf course and golf resort in the world The Dubai Healthcare City (DHCC is one of the numerous specialised 'cities-within-a-city' in Dubai targeted at the healthcare and the pharmaceutical industries Six Flags Inc (commonly Six Flags) is one of the world's largest chains of Amusement parks and Theme parks, based on quantity of properties Located within the Dubai International Financial Centre the Dubai Mercantile Exchange (DME is the first energy Futures exchange in the Middle East. Company under it Includes:
- Dubai Internet City
- Dubai Media City
- Dubai Studio City
- Dubai Knowledge Village
- Dubai Outsource Zone - A Free economic zone for outsourcing companies in Dubai. Dubai Internet City (DIC is an information Technology park created by the Government of Dubai as a Free economic zone and a strategic base for companies Dubai Media City (DMC part of Dubai Holding is a tax free zone within Dubai, United Arab Emirates. Dubai Studio City is part of Dubai Media City. Following in the footsteps of Dubai Media City it will cater to the production needs of the region and has plans to Dubai Knowledge Village,a member of Dubai Holding subsidiary TECOM Investments, offers facilities for training and learning support activities Many 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 Outsourcing is Subcontracting a process such as product design or Manufacturing, to a Third-party company Dubai (in دبيّ,) is one of the seven emirates and most populous city of the United Arab Emirates (UAE
- Dubiotech
- eHosting Datafort - Internet hosting service for companies based in Dubai and provides services for IT security. DuBiotech, short for The Dubai Biotechnology and Research Park is a new development in Dubai aimed to attract Biotechnology Research and development An Internet hosting service is a service that runs Internet servers allowing organizations and individuals to serve content to the Internet or in newbie terms a way for you This article describes how security can be achieved through design and engineering
- Empower
- Samacom or Du (20%)
Major investments
Dubai Holding has major investments in many international firms. EMPOWER (Education Means Protection Of Women Engaged in Recreation or Moolniti Songserm Okard Pooying (มูลนิธิส่งเสริมโอกาสผู้หญิง du is a Telecommunications company in the in the United Arab Emirates. Primarily through its international investment arm: DIC, such as:-
- DaimlerChrysler (2%)[2]
- EADS (3. Daimler AG ( (formerly DaimlerChrysler AG) is a German car corporation (not to be confused with the British car-maker Daimler Motor Company) and The European Aeronautic Defence and Space Company EADS NV ( EADS) is a large European aerospace corporation formed by the merger on July 10, 12%)[3]
- The Tussauds Group (100%)[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. The Tussauds Group is now part of Merlin Entertainments, the world's second largest leisure group second only to Disney. Dubai 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 Travelodge is the second largest budget hotel brand (behind Premier Inn) and third biggest hotel chain (by bedroom numbers - approximately 20000 in the United Kingdom The Emirates Towers complex contains the Emirates Office Tower and Jumeirah Emirates Towers Hotel. DP World is a subsidiary of Dubai World, a holding company owned by the government of Dubai in the United Arab Emirates. .
References
- ^ "Dubai Holding Profile", Zawya.
- ^ "Dubai Holding entity becomes third largest shareholder in DaimlerChrysler" , AMEInfo , 2005-01-30. AME Info is a leading provider of online business information in and about the Middle East region Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Events 1648 - Eighty Years' War: The Treaty of Münster is signed ending the conflict between the Netherlands and Spain
- ^ John, Issac. "Dubai Int'l Capital buys 3.12pc stake in EADS" , Khaleej Times Online , 2007-07-06. The Khaleej Times is a daily English language newspaper published in Dubai, United Arab Emirates. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1044 - The Battle of Ménfő takes place 1189 - Richard the Lionheart is crowned King of England
- ^ "Dubai firm buy Tussauds", BBC News, 2005-03-23. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Events 1174 - Jocelin, Abbot of Melrose, is elected Bishop of Glasgow.
- ^ "Dubai Holding 70% Dubai Bank stake", AMEInfo, 2005-12-29. AME Info is a leading provider of online business information in and about the Middle East region Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Events 1170 - Thomas Becket: Thomas Becket Archbishop of Canterbury is assassinated inside Canterbury Cathedral by followers of King Henry II
- ^ "Dubai International Capital Completes Acquisition of Travelodge", Travelodge UK Official Website , 2006-09-07
External links
Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Events 1251 BC - A Solar eclipse on this date might mark the birth of legendary Heracles at Thebes Greece.
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