Mon. Jul 22nd, 2019

Dubai Holding reveals the performance of the first half of the year

On Thursday, Dubai Holdings stated that it will be focusing on achieving strong financial success for the rest of the year which would be reinforced by the performance of its current income business, delivery of better operational efficiency and by the execution of the existing pipeline projects.

The diversified firm which has its presence in more than 10 countries said that with Expo 2020 near the corner, we are looking forward to Dubai Holding playing a vital role in this landmark event, and hailing millions of visitors to the emirate.

Dubai Holding’s firms include Dubai Properties, Jumeirah Group, Arab Media Group, Tecom Group, Dubai Asset Management, and Dubai Retail.

Chairman of Dubai Holding, Abdullah Al Habbai, stated on the performance of the firm in the first half of this year that the firm continues to deliver on the vision of the Prime Minister & Vice President of the United Arab Emirates and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, to further position the emirate as an outstanding business & leisure destination.

Al Habbai said that as a group they have a delivered a lot of critical projects across the wide range of industries, while keeping their focus on the empowerment of their Emirati employees, with the employment of 3 Emirati women from within the organization to leadership roles across the firm. He further said that as they look further in the future, they will be diligently delivering on their five-year business plan which sets clear goals for all their firms.

In the first half of 2019, Dubai Holding revealed the 2nd & 3rd phases of its famous Madinat Jumeirah Living project, a 3.85M sqft residential development overseeing Burj Al Arab Jumeirah, while D-Marin Dubai, the joint collaboration established between D-Marin, Meraas, & Dubai Holding, one of the largest marina chains in the Eastern Mediterranean, started operations and now manages Al Seef, Marasi and Jaddaf Waterfront marinas in Dubai.