# Dubai Holding > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Dubai_Holding > Markdown URL: https://mediated.wiki/source/Dubai_Holding.md > Source: https://en.wikipedia.org/wiki/Dubai_Holding > Source revision: 1356462667 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) Government owned company This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article may contain original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed. (February 2016) (Learn how and when to remove this message) This article needs more citations. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. 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(June 2019) (Learn how and when to remove this message) (Learn how and when to remove this message) Dubai Holding دبي القابضة Type State-owned Industry Hospitality Financial services Real estate Specialised business parks Healthcare Media Founded October 2004; 21 years ago (October 2004) Headquarters Dubai Holding Corporate Office (Dubai) Key people Sheikh Ahmed bin Saeed Al Maktoum (Chairman) Amit Kaushal (CEO) Revenue US$4.57 billion (2016)[1] Number of employees 15,000 (including subsidiaries) Parent Dubai Inc. Website dubaiholding.com/en **Dubai Holding** ([Arabic](/source/Arabic_language): دبي القابضة) is Dubai ruler [Sheikh Mohammed bin Rashid al-Maktoum](/source/Mohammed_bin_Rashid_Al_Maktoum)'s global [investment](/source/Investment_company) [holding company](/source/Holding_company) and personal investment [portfolio](/source/Portfolio_(finance)).[2] [Mohamed al-Gergawi](/source/Mohammad_Al_Gergawi) built the company's portfolio.[2] [Sheikh Ahmed bin Saeed al-Maktoum](/source/Ahmed_bin_Saeed_Al_Maktoum) was appointed [chairman](/source/Chairman) by the Dubai ruler.[3] Dubai Holding has over [DH](/source/United_Arab_Emirates_dirham) 130 billion in [assets](/source/Asset) in 13 countries and around 20,000 employees worldwide.[4][5] In 2021, leaks from the [Pandora Papers](/source/Pandora_Papers) about a secretive offshore system used to hide income from tax authorities and creditors revealed that Dubai Holding used three shell companies.[6] ## History Dubai Holding was established in 2004.[7] - 2004: [Madinat Jumeirah](/source/Madinat_Jumeirah) opened as a themed Arabian resort.[8] - 2005: [Dubai Studio City](/source/Dubai_Studio_City) was announced.[9] - 2005: [du](/source/Du_(company)), a telecom provider company, was launched.[10] - 2005: [Dubai International Academic City](/source/Dubai_International_Academic_City) opened.[11] - 2006: Emirates International Communications (EIT) launched, and invested in communication organizations across the [Middle East](/source/Middle_East), [Europe](/source/Europe), [Africa](/source/Africa) and [South Asia](/source/South_Asia), including [Interoute Communications Ltd.](/source/Interoute)[12] - 2007: [SmartCity](/source/SmartCity%2C_Kochi) launches in [Kochi](/source/Kochi) and [Malta](/source/Malta).[13] - 2008: [Jumeirah Beach Residence](/source/Jumeirah_Beach_Residence) officially opened.[14] - 2013: The Dubai Design District (d3) was created, supposedly for the design community.[15] - 2013: in5 launched to provide early-stage companies with support.[16] - 2014: [Mall of the World](/source/Mall_of_the_World) was announced to align with the Dubai Tourism Vision 2020.[17] - 2014: The Creative Community at d3 was announced.[18] - 2014: The Innovation Hub was announced; the hub focused on innovation from [Dubai Media City](/source/Dubai_Media_City) and [Dubai Internet City](/source/Dubai_Internet_City). It was inaugurated in May 2022.[19] ## Subsidiaries Major business groups of Dubai Holding:[20] - [Jumeirah Group](/source/Jumeirah_Group) - [Dubai Properties](/source/Dubai_Properties) - [TECOM Group](/source/TECOM_Group) - [Arab Media Group](/source/Arab_Media_Group) - [Dubai International Capital](/source/Dubai_International_Capital) - [Dubai Group](/source/Dubai_Group) - [Emirates Integrated Telecommunications Company](/source/Emirates_Integrated_Telecommunications_Company) - [Meraas](/source/Meraas) - [Wild Wadi Waterpark](/source/Wild_Wadi_Water_Park) - [The Emirates Academy of Hospitality Management](/source/The_Emirates_Academy_of_Hospitality_Management) - [Dubai Parks and Resorts](/source/Dubai_Parks_and_Resorts) ## References 1. **[^](#cite_ref-1)** ["Operational progress drives Dubai Holding revenues up 16%"](http://gulfnews.com/business/companies/operational-progress-drives-dubai-holding-revenues-up-16-1.1984174). Gulf News. 25 February 2017. Retrieved 2017-12-26. 1. ^ [***a***](#cite_ref-:0_2-0) [***b***](#cite_ref-:0_2-1) Young, Karen E. (2014). [*The Political Economy of Energy, Finance and Security in the United Arab Emirates*](http://link.springer.com/10.1057/9781137021977). London: Palgrave Macmillan UK. pp. 69–70. [doi](/source/Doi_(identifier)):[10.1057/9781137021977](https://doi.org/10.1057%2F9781137021977). [ISBN](/source/ISBN_(identifier)) [978-1-349-43777-1](https://en.wikipedia.org/wiki/Special:BookSources/978-1-349-43777-1). 1. **[^](#cite_ref-3)** ["Dubai ruler appoints Emirates' chairman to oversee Dubai Holding, Meraas"](https://www.reuters.com/article/emirates-dubai-hldg-management/dubai-ruler-appoints-emirates-chairman-to-oversee-dubai-holding-meraas-idUSS8N27D04K). *www.reuters.com/*. 7 November 2019. Retrieved 2019-11-07. 1. **[^](#cite_ref-4)** ["Global Investment Holding Company | Dubai Holding"](https://dubaiholding.com/en/). *Dubai Holding Website*. Retrieved 2021-08-24. 1. **[^](#cite_ref-5)** ["Dubai Holding | Leading Developer | Dubai Properties"](https://www.dp.ae/dubai-holding/). *www.dp.ae*. Retrieved 2021-08-24. 1. **[^](#cite_ref-6)** Miller, Greg; Cenziper, Debbie; Whoriskey, Peter. ["Billions hidden beyond reach"](https://web.archive.org/web/20240516124801/https://www.washingtonpost.com/business/interactive/2021/pandora-papers-offshore-finance/). *[Washington Post](/source/Washington_Post)*. Archived from [the original](https://www.washingtonpost.com/business/interactive/2021/pandora-papers-offshore-finance/) on 16 May 2024. 1. **[^](#cite_ref-7)** [*Best of Dubai*](https://books.google.com/books?id=K-N7zOHsQHUC&q=dubai+holding&pg=PA237). Global Village Productions. [ISBN](/source/ISBN_(identifier)) [9781904566717](https://en.wikipedia.org/wiki/Special:BookSources/9781904566717). 1. **[^](#cite_ref-8)** ["Complete Guide to Madinat Jumeirah in Dubai"](http://gulfnews.com/guides/travel/your-complete-guide-to-madinat-jumeirah-in-dubai-1.1539215). uaecontact.com. 23 June 2015. 1. **[^](#cite_ref-9)** ["Studio City's Boutique Studios"](http://gulfnews.com/news/uae/general/studio-city-s-boutique-studios-1.4721995). gulfnews.com. 1. **[^](#cite_ref-10)** [*The Report: Dubai 2008 Studios*](https://books.google.com/books?id=tw6DedF0Hq4C&q=du+launched+2007+news&pg=PA84). Oxford Business. 2008. [ISBN](/source/ISBN_(identifier)) [9781902339054](https://en.wikipedia.org/wiki/Special:BookSources/9781902339054). 1. **[^](#cite_ref-11)** ["Dubai Academic City"](https://web.archive.org/web/20180712094133/http://education.theemiratesnetwork.com/zones/dubai_academic_city.php). education.theemiratesnetwork.com. Archived from [the original](http://education.theemiratesnetwork.com/zones/dubai_academic_city.php) on 2018-07-12. Retrieved 2017-11-05. 1. **[^](#cite_ref-12)** ["Dubai Holding Profile"](https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=42080430). bloomberg.com. 1. **[^](#cite_ref-13)** ["Dubai Back Smart City Opens, Eyes 90,000 Tech Jobs by 2020"](http://www.arabianbusiness.com/dubai-backed-smart-city-opens-eyes-90-000-tech-jobs-by-2020-622476.html). *Arabian Business*. bloomberg.com. 26 February 2016. 1. **[^](#cite_ref-14)** ["Jumeirah Beach Residence Miami Right Here"](https://web.archive.org/web/20180814202402/https://gulfnews.com/news/uae/property/jumeirah-beach-residence-miami-right-here-1.781929). gulfnews.com. Archived from [the original](http://gulfnews.com/news/uae/property/jumeirah-beach-residence-miami-right-here-1.781929) on 2018-08-14. Retrieved 2018-01-02. 1. **[^](#cite_ref-15)** ["Construction Starts on 272m Phase 2 of Dubai Design District"](http://www.arabianbusiness.com/construction-starts-on-272m-phase-2-of-dubai-design-district-648852.html). *Arabian Business*. arabianbusiness.com. 12 October 2016. 1. **[^](#cite_ref-16)** ["In5 start-up incubator launched in UAE"](http://www.itp.net/586207-in5-start-up-incubator-launched-in-uae). *Edge Middle East*. arabianbusiness.com. 19 September 2011. 1. **[^](#cite_ref-17)** ["Dubai's Mall of the World Development on the Move Again"](https://www.thenationalnews.com/business/dubai-s-dh25-billion-mall-of-the-world-development-on-the-move-again-1.143808). thenational.ae. 31 August 2016. 1. **[^](#cite_ref-18)** ["Dubai Design District Phase Two and Three to be Ready by 2019 and 2021"](https://www.thenationalnews.com/business/property/dubai-design-district-phase-two-and-three-to-be-ready-by-2019-and-2021-1.152532). thenational.ae. 12 October 2016. 1. **[^](#cite_ref-19)** ["Meet the DIFC Innovation Hub: A Home for the Ecosystem"](https://magnitt.com/news/meet-the-difc-innovation-hub-53431#:~:text=The%20Innovation%20Hub%3A%20The%20region's,and%20Projects%20of%20the%2050.). *MAGNiTT*. May 19, 2022. Retrieved 2023-10-19. 1. **[^](#cite_ref-20)** ["Dubai Holding (L.L.C) (Dubai Holding) - Company Details on ZAWYA MENA Edition"](https://www.zawya.com/mena/en/company/Dubai_Holding_LLC-1002706/). *www.zawya.com*. Retrieved 2018-05-30. v t e Dubai Holding Subsidiaries Dubai Group Dubai Banking Group Dubai Bank Dubai International Capital Dubai Properties Dubiotech Jumeirah Tatweer Arab Media Group Bawadi Dubai Eye 103.8 Dubailand Hit 96.7 Six Flags Dubailand Tag 91.1 Universal Studios Dubailand TECOM Investments Dubai International Academic City Dubai Internet City Dubai Knowledge Village Dubai Media City People Mohammed bin Rashid Al Maktoum Authority control databases ISNI --- Adapted from the Wikipedia article [Dubai Holding](https://en.wikipedia.org/wiki/Dubai_Holding) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Dubai_Holding?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.