Company Overview of Dubai Holding LLC
Dubai Holding LLC is a holding company operating through its subsidiaries Dubai Holding Commercial Operations Group and Dubai Holding Investment Group. The company’s subsidiaries own and operate hospitality, technology, communication, education, finance, real estate, healthcare, leisure and entertainment, industrial manufacturing, biotechnology, energy, telecommunication, and aerospace businesses. It 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, an...
Sheikh Zayed Road
P.O. Box 66000
United Arab Emirates
Founded in 2004
Key Executives for Dubai Holding LLC
Chief Executive Officer and Member of Senior Executive Board
President and Member of Senior Executive Board
Group Chief Executive Officer of property vertical
Member of Senior Executive Board and Executive Chairman of property vertical
Compensation as of Fiscal Year 2014.
Dubai Holding LLC Key Developments
Dubai Holding Don't Plans For IPO
Feb 10 15
Dubai Holding LLC has no plans to list itself or any of its subsidiaries on the stock markek, Ahmad Bin Byat, Chief Executive officer of Dubai Holding, said. "Listing or not listing is a strategic choice made by the shareholders. There is no shortage of cash or projects," Ahmad Bin Byat, told reporters on the sidelines of a government summit in the emirate.
Dubai Holding and Emaar Properties Sign Deal to Develop Mega Project
Oct 29 14
Emaar Properties and Dubai Holding uncovered their plan for six million square meters master development 'Dubai Creek Harbor at The Lagoons' and also launched their first residential project Dubai Creek Residences. Dubai Creek Harbor project is expected to consist of two 40-storey residential towers in Dubai Creek Residences and will be launched simultaneously on November 1, 2014, in Dubai, Abu Dhabi, London, and Moscow.
Axiom Telecom Planning To Revive IPO Plans
Jul 11 14
Axiom Telecom LLC may revive its listing plans. The company stated that the company, which abandoned an initial public offering in 2010, said that it may revive plans for the sale. Chief Executive Officer, Faisal Al Bannai stated, “An IPO isn’t off the table. We’re keeping our options open. We’re making sure that all of our paperwork and documents are up to date so we’d be ready to go for an IPO at any time if we wanted to.” Two people close to the matter, seeking anonymity, stated that Dubai Holding LLC’s Emirates International Telecommunications LLC, holding 26% stake in Axiom Telecom had hired Citigroup Inc. in 2014 in order to find potential buyers for the stake. They added that the company was planning to raise as much as $300 million from the disposal though an agreement was never reached. According to the news report, representatives of Dubai Holding declined to comment while a spokesman for Citigroup in Dubai was not immediately available to comment.
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