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December 02, 2015 1:29 AM ET

Real Estate Management and Development

Company Overview of Meraas Holding LLC

Company Overview

Meraas Holding LLC is a holding company. The company through its subsidiaries operates in real estate activities including real estate development and real estate sales and marketing. Meraas Holding LLC is based in Dubai, United Arab Emirates.


United Arab Emirates

Key Executives for Meraas Holding LLC

Compensation as of Fiscal Year 2015.

Meraas Holding LLC Key Developments

Meraas Holding Wins Contract of Roads and Transport Authority

The Roads and Transport Authority has awarded a USD 68.06 million contract for the construction of roads and bridges at the Dubai Parks and Resorts project in cooperation with Meraas Holding. The bridges project, in which construction works have recently started, aims primarily at constructing entry and exit points linking the Dubai Parks project with the Sheikh Zayed Road. It comprises the construction of a 3-lane bridge stretching 1,500 meters as a main entry on the Sheikh Zayed Road for vehicles coming from Dubai and heading to Dubai Parks. The construction work also includes the construction of a 2-lane bridge stretching 1,000 meter as a main exit on the Sheikh Zayed Road from Dubai Parks in the direction of Abu Dhabi.

Meraas Holding Company and Alibaba Enters into Joint Venture to Set Up Tech Hub Project in Dubai

Meraas Holding Company and Alibaba are planning to create a new joint venture to provide technological service for firms in the region. Meraas additionally has another plan in the lineup; it involves creating a technological community that includes data center, hospitality, housing and commercial spaces, retail and food beverage units. Nonetheless, the new joint venture will be all about app development, service architecture, testing, validation, citizenship e-services and other data setups.

Meraas and Aliyun Sign Deal to Setup New Technology Enterprise

Meraas and Aliyun signed a deal to setup a new technology enterprise that offers system integration services to private companies and government institutions in the MENA region. Headquartered in Dubai, the new joint venture will specialize in application development, service-oriented architecture, testing, validation, citizenship e-services and Big Data operations with a special focus on analytics, revenue-generation and payment solutions. The enterprise will support potential clients in achieving stronger business results, help them respond rapidly to market changes, and transform their business and IT services.

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