October 25, 2016 4:24 PM ET

Industrial Conglomerates

Company Overview of Dubai Holding LLC

Company Overview

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...

Level 49

Emirates Towers

Sheikh Zayed Road

P.O. Box 66000


United Arab Emirates

Founded in 2004


971 4 362 2000


971 4 362 2091

Key Executives for Dubai Holding LLC

President and Member of Senior Executive Board
Age: 64
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
Age: 41
Compensation as of Fiscal Year 2016.

Dubai Holding LLC Key Developments

Dubai Holding Launches Smartcity Project in South Korea

Dubai holding had launched Smartcity project in South Korea which will cover an area of 51 million sq ft and will be located between two cities. The project was launched in the presence of Minister of Cabinet Affairs and The Future, and chairman of Dubai Holding, in addition to a high-level Emirati delegation, with the S. Korean government officials.

Dubai Financial Reportedly Looking For Buyer For Stake In Bank Muscat SAOG

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

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.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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