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Dubai World دبي العالمية
Company type
Government owned
Industry
Diversified investments
Founded
2 July 1969
Headquarters
Dubai
,
United Arab Emirates
Area served
30 cities in 12 countries
Key people
Ahmed bin Saeed Al Maktoum, Chairman Jamal Majid Bin Thaniah, CEO
Revenue
US$18 billion (2008)
Operating income
US$1.4 billion (2008)
Net income
US$1.17 billion (2008)
Number of employees
5000+
Parent
Dubai Inc.
Subsidiaries
Dubai Ports World Jafza Dubai Drydocks Maritime City Tamweel Tejari Leisurecorp Istithmar World Nakheel Properties DUTech Island Global Yachting
Dubai World (Arabic: دبي العالمية) is an investment company that manages and supervises a portfolio of businesses and projects for the Government of Dubai across a wide range of industry segments and projects that promote Dubai as a hub for commerce and trading. As a subsidiary of Dubai Inc., it is the emirate's flag bearer in global investments and has a central role in the direction of Dubai's economy. Assets include DP World, which caused considerable controversy when trying to take over six US ports, its property arm, Nakheel, which built The Palm Islands and The World developments, and Istithmar World, its investment company. Ahmed bin Saeed Al Maktoum chairs it.
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