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August 04, 2015 3:03 AM ET

Industrial Conglomerates

Company Overview of Dubai Holding LLC

Company Overview

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...

Level 49

Emirates Towers

Sheikh Zayed Road

P.O. Box 66000

Dubai,  

United Arab Emirates

Founded in 2004

Phone:

971 4 362 2000

Fax:

971 4 362 2091

Key Executives for Dubai Holding LLC

President and Member of Senior Executive Board
Age: 63
Group Chief Executive Officer of property vertical
Vice Chairman and Managing Director
Member of Senior Executive Board and Executive Chairman of property vertical
Age: 51
Member of Senior Executive Board
Compensation as of Fiscal Year 2015.

Dubai Holding LLC Key Developments

Dubai Holding Announces Earnings Results for 2014

Dubai Holding announced earnings results for 2014. For the year, the company registered net profit of USD 1.27 billion. Total revenue reached USD 3.59 billion.

Dubai Holding Announces Management Changes

Dubai Holding has promoted Ahmad bin Byat to Vice Chairman and Managing Director of the Group and Fadel Al Ali to the role of Chief Executive Officer of the Group. Bin Byat currently holds several senior positions in leading organizations in Dubai, including his roles as Director General of Dubai Creative Clusters Authority; Chairman of du; Member of the Supreme Committee of Dubai Smart City Project. Appointed as Chief Executive Officer of Dubai Holding, Fadel Al Ali has considerable experience acquired from working across a range of Dubai's diverse business sectors over the years. He is currently Chairman of the Board of Dubai Properties Group and a member of the Board of Emirates Integrated Telecommunications Company (du); Dubai Financial Services Authority and Jumeirah Group amongst others.

Dubai Holding Don't Plans For IPO

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.

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