{{Short description|Government owned company}} {{multiple issues| {{original research|date=February 2016}} {{more citations needed|date=February 2016}} {{COI|date=June 2019}} {{advert|date=June 2019}} }} {{Infobox company | name = Dubai Holding<br><big>{{lang|ar|دبي القابضة}}</big> | logo = AW DH PV POS RGB EN (002).png | type = [[State-owned]] | founded = {{start date and age|October 2004}} | key_people = Sheikh [[Ahmed bin Saeed Al Maktoum]] (Chairman)<br>Amit Kaushal (CEO) | hq_location_city = Dubai Holding Corporate Office (Dubai) | parent = [[Dubai Inc.]] | industry = [[Hospitality]]<br>[[Financial services]]<br>[[Real estate]]<br>Specialised business parks<br>[[Healthcare]]<br>[[Media (communication)|Media]] | revenue = {{Increase}}US$4.57 billion (2016)<ref>{{cite web|url=http://gulfnews.com/business/companies/operational-progress-drives-dubai-holding-revenues-up-16-1.1984174 |title=Operational progress drives Dubai Holding revenues up 16% |date=25 February 2017 |publisher=Gulf News |access-date=2017-12-26}}</ref> | num_employees = 15,000 (including subsidiaries) | website = }}
'''Dubai Holding''' ({{langx|ar|دبي القابضة}}) is Dubai ruler [[Mohammed bin Rashid Al Maktoum|Sheikh Mohammed bin Rashid al-Maktoum]]'s global [[investment company|investment]] [[holding company]] and personal investment [[Portfolio (finance)|portfolio]].<ref name=":0">{{Cite book|last=Young|first=Karen E.|url=http://link.springer.com/10.1057/9781137021977|title=The Political Economy of Energy, Finance and Security in the United Arab Emirates|date=2014|publisher=Palgrave Macmillan UK|isbn=978-1-349-43777-1|location=London|pages=69–70|language=en|doi=10.1057/9781137021977}}</ref>
[[Mohammad Al Gergawi|Mohamed al-Gergawi]] built the company's portfolio.<ref name=":0" /> [[Ahmed bin Saeed Al Maktoum|Sheikh Ahmed bin Saeed al-Maktoum]] was appointed [[chairman]] by the Dubai ruler.<ref>{{Cite news|url=https://www.reuters.com/article/emirates-dubai-hldg-management/dubai-ruler-appoints-emirates-chairman-to-oversee-dubai-holding-meraas-idUSS8N27D04K|title=Dubai ruler appoints Emirates' chairman to oversee Dubai Holding, Meraas|website=www.reuters.com/|date=7 November 2019|access-date=2019-11-07}}</ref> Dubai Holding has over {{Currency|130 billion|AED|passthrough=yes}} in [[asset]]s in 13 countries and around 20,000 employees worldwide.<ref>{{Cite web|title=Global Investment Holding Company {{!}} Dubai Holding|url=https://dubaiholding.com/en/|access-date=2021-08-24|website=Dubai Holding Website|language=en}}</ref><ref>{{Cite web|title=Dubai Holding {{!}} Leading Developer {{!}} Dubai Properties|url=https://www.dp.ae/dubai-holding/|access-date=2021-08-24|website=www.dp.ae|language=en}}</ref>
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.<ref>{{Cite news |last1=Miller |first1=Greg |last2=Cenziper |first2=Debbie |last3=Whoriskey |first3=Peter |orig-date=3 October 2021 |title=Billions hidden beyond reach |url=https://www.washingtonpost.com/business/interactive/2021/pandora-papers-offshore-finance/ |url-access=subscription |archive-url=https://web.archive.org/web/20240516124801/https://www.washingtonpost.com/business/interactive/2021/pandora-papers-offshore-finance/ |archive-date=16 May 2024 |newspaper=[[Washington Post]]}}</ref>
==History==
Dubai Holding was established in 2004.<ref>{{cite book|url=https://books.google.com/books?id=K-N7zOHsQHUC&q=dubai+holding&pg=PA237 |title=Best of Dubai|publisher=Global Village Productions |isbn=9781904566717}}</ref>
* 2004: [[Madinat Jumeirah]] opened as a themed Arabian resort.<ref>{{cite web|url=http://gulfnews.com/guides/travel/your-complete-guide-to-madinat-jumeirah-in-dubai-1.1539215 |title=Complete Guide to Madinat Jumeirah in Dubai|date=23 June 2015 |publisher=uaecontact.com}}</ref> * 2005: [[Dubai Studio City]] was announced.<ref>{{cite web|url=http://gulfnews.com/news/uae/general/studio-city-s-boutique-studios-1.4721995 |title=Studio City's Boutique Studios|publisher=gulfnews.com}}</ref> * 2005: [[Du (company)|du]], a telecom provider company, was launched.<ref>{{cite book|url=https://books.google.com/books?id=tw6DedF0Hq4C&q=du+launched+2007+news&pg=PA84 |title=The Report: Dubai 2008 Studios|year=2008|publisher=Oxford Business |isbn=9781902339054}}</ref> * 2005: [[Dubai International Academic City]] opened.<ref>{{cite web|url=http://education.theemiratesnetwork.com/zones/dubai_academic_city.php|title=Dubai Academic City|publisher=education.theemiratesnetwork.com|access-date=2017-11-05|archive-date=2018-07-12|archive-url=https://web.archive.org/web/20180712094133/http://education.theemiratesnetwork.com/zones/dubai_academic_city.php|url-status=dead}}</ref> * 2006: Emirates International Communications (EIT) launched, and invested in communication organizations across the [[Middle East]], [[Europe]], [[Africa]] and [[South Asia]], including [[Interoute|Interoute Communications Ltd.]]<ref>{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=42080430 |title=Dubai Holding Profile|publisher=bloomberg.com}}</ref> * 2007: [[SmartCity, Kochi|SmartCity]] launches in [[Kochi]] and [[Malta]].<ref>{{cite news|url=http://www.arabianbusiness.com/dubai-backed-smart-city-opens-eyes-90-000-tech-jobs-by-2020-622476.html |title=Dubai Back Smart City Opens, Eyes 90,000 Tech Jobs by 2020|newspaper=Arabian Business |date=26 February 2016 |publisher=bloomberg.com}}</ref> * 2008: [[Jumeirah Beach Residence]] officially opened.<ref>{{cite web|url=http://gulfnews.com/news/uae/property/jumeirah-beach-residence-miami-right-here-1.781929|title=Jumeirah Beach Residence Miami Right Here|publisher=gulfnews.com|access-date=2018-01-02|archive-date=2018-08-14|archive-url=https://web.archive.org/web/20180814202402/https://gulfnews.com/news/uae/property/jumeirah-beach-residence-miami-right-here-1.781929|url-status=dead}}</ref> * 2013: The Dubai Design District (d3) was created, supposedly for the design community.<ref>{{cite news|url=http://www.arabianbusiness.com/construction-starts-on-272m-phase-2-of-dubai-design-district-648852.html |title=Construction Starts on 272m Phase 2 of Dubai Design District|newspaper=Arabian Business |date=12 October 2016 |publisher=arabianbusiness.com}}</ref> * 2013: in5 launched to provide early-stage companies with support.<ref>{{cite news|url=http://www.itp.net/586207-in5-start-up-incubator-launched-in-uae |title=In5 start-up incubator launched in UAE|newspaper=Edge Middle East |date=19 September 2011 |publisher=arabianbusiness.com}}</ref> * 2014: [[Mall of the World]] was announced to align with the Dubai Tourism Vision 2020.<ref>{{cite web|url=https://www.thenationalnews.com/business/dubai-s-dh25-billion-mall-of-the-world-development-on-the-move-again-1.143808 |title=Dubai's Mall of the World Development on the Move Again|date=31 August 2016|publisher=thenational.ae}}</ref> * 2014: The Creative Community at d3 was announced.<ref>{{cite web|url=https://www.thenationalnews.com/business/property/dubai-design-district-phase-two-and-three-to-be-ready-by-2019-and-2021-1.152532 |title=Dubai Design District Phase Two and Three to be Ready by 2019 and 2021|date=12 October 2016|publisher=thenational.ae}}</ref> * 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.<ref>{{cite web |date=May 19, 2022 <!-- 8:26 AM --> |title=Meet the DIFC Innovation Hub: A Home for the Ecosystem |url=https://magnitt.com/news/meet-the-difc-innovation-hub-53431#:~:text=The%20Innovation%20Hub%3A%20The%20region's,and%20Projects%20of%20the%2050. |access-date=2023-10-19 |website=MAGNiTT }}</ref>
==Subsidiaries== Major business groups of Dubai Holding:<ref>{{Cite web|url=https://www.zawya.com/mena/en/company/Dubai_Holding_LLC-1002706/|title=Dubai Holding (L.L.C) (Dubai Holding) - Company Details on ZAWYA MENA Edition|website=www.zawya.com|language=en|access-date=2018-05-30}}</ref>
* [[Jumeirah Group]] * [[Dubai Properties]] * [[TECOM Group]] * [[Arab Media Group]] * [[Dubai International Capital]] * [[Dubai Group]] * [[Emirates Integrated Telecommunications Company]] * [[Meraas]] * [[Wild Wadi Water Park|Wild Wadi Waterpark]] * [[The Emirates Academy of Hospitality Management]] * [[Dubai Parks and Resorts]]
==References== {{Reflist}}
{{Dubai Holding}}
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[[Category:Financial services companies established in 2004]] [[Category:Companies based in Dubai]] [[Category:Investment companies of the United Arab Emirates]] [[Category:Holding companies established in 2004]] [[Category:Government-owned companies of Dubai]] [[Category:Companies established in 2004]]