Company Overview of Dubai Holding LLC
Dubai Holding LLC is an industrial conglomerate. The company develops and manages a portfolio of luxury hotels and resorts, serviced apartments, spas, retail stores, wellness and leisure facilities, water parks, hospitality academies, and franchised restaurants; and onshore business parks and free trade zones that cover ICT, media, education, sciences, and manufacturing and logistics industries. It owns and operates hospitality, technology, communication, education, finance, real estate, healthcare, leisure and entertainment, industrial manufacturing, biotechnology, energy, telecommunication, and aerospace businesses. The company also develops and manages mixed-use real estate projects, such...
Sheikh Zayed Road
P.O. Box 66000
United Arab Emirates
Founded in 2004
Key Executives for Dubai Holding LLC
President and Member of Senior Executive Board
Group Chief Executive Officer of property vertical
Chief Executive Officer of Family Entertainment and New Media Unit
Vice Chairman and Managing Director
Chief Operating Officer of Mall of The World
Compensation as of Fiscal Year 2016.
Dubai Holding LLC Key Developments
Dubai Financial Reportedly Looking For Buyer For Stake In Bank Muscat SAOG
Sep 7 16
Stake in Bank muscat SAOG (MSM:BKMB) may be sold. People close to the matter stated that Dubai Financial LLC has engaged Citigroup Inc. (NYSE:C) to find a buyer for its stake in Bank muscat SAOG. Dubai Financial holds 12% stake in the latter, which is worth around $300 million, according to data compiled by Bloomberg. People, seeking anonymity, added that its drawing interest from local pension funds and family offices in Oman. The report also mentioned that a representative for Dubai Holding LLC, which controls Dubai Financial, declined to comment while a spokesman for Citigroup didn't have an immediate comment.
Dubai Holding Announces Addition of New Business Unit, Family Entertainment and New Media; Appoints Mohamed Almulla as CEO of the New Family Entertainment and New Media Unit
Mar 26 16
Dubai Holding also announced the addition of a new business Family Entertainment and New Media vertical, which will manage projects worth AED 10 billion ($2.7 billion) during the next five years. The new vertical will oversee projects that include Global Village, Arab Media Group as well implement a strategic plan to develop new family destinations and build new international production business communities specialised in new media.
Mohamed Almulla has been appointed CEO of the new Family Entertainment and New Media unit and was previously CEO of Arab Media Group.
Dubai Holding Announces Earnings Results for the Full Year of Fiscal 2015
Feb 14 16
Dubai Holding announced earnings results for the full year of fiscal 2015. For the year, the company announced incomes were up 15% at USD 3.95 billion compared to USD 3.43 billion a year earlier. The increase was supported by strong performance from the company's business units TECOM Group, Jumeirah Group and Dubai Properties.
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