Company Insights Dubai World Real Estate Dubai World Overview Dubai World is a state-owned holding company primarily for the emirate’s real estate businesses. Officially established by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum in July 2006, the company has a number of key subsidiaries, employing tens of thousands of employees. In total, the group owns an extensive portfolio of global real estate assets worth tens of billions. Among the subsidiaries are: ports group DP World, luxury real estate developer Nakheel, Economic Zones World, Drydocks World and Dubai Maritime City. One of the largest Dubai World companies is DP World, which provides port and other logistics services in 75 countries across six continents, employing more than 100,000 people. Luxury real estate developer Nakheel is behind numerous residential, retail, hospitality and leisure projects throughout Dubai. Jafza is the flagship economic zone business within the Dubai World Group, with more than 10,000 businesses operating there and employing more than 130,000 people. Another subsidiary, Economic Zones World consists of several others: Gazeley, Dubai Auto Zone and TechnoPark. Drydocks World consists of drydock and berth space serviced by ship and rig repair, maintenance and conversion businesses mainly catering for the oil and gas industry. Dubai World News Opinion Finance Gulf investors must look out for the American ‘bubble’ Trump's re-election has turbocharged US equities but his unpredictability adds to global risk factors December 30, 2024 Opinion Transport Coming soon to a Dubai venue near you – traffic jams Just a few weeks into the return from summer and the omens are gloomy September 27, 2024 Leisure & Hospitality Dubai allocates $2.7bn to expand Exhibition Centre The Dubai government has approved an AED10 billion ($2.72 billion) expansion of the Dubai Exhibition Centre (DEC) at Expo City to strengthen its position in the multi-billion-dollar regional events and exhibition sector. The expansion, which will take place in three phases, will make DEC the region’s largest indoor exhibition and events destination, the UAE state-run […] September 24, 2024 Opinion Markets Stock market crashes: waiting for the Big One Big pressures are building after bad trading on global bourses August 9, 2024 Opinion Economy We need to talk about the American debt spiral Even a resilient Gulf may be at risk from US financial contagion June 24, 2024 Opinion Trade The GCC will benefit from a US-China chill The Gulf's expanding strategic links with Asia mean higher growth at home June 4, 2024 Banking & Finance Dubai on track to tackle $78bn debt, analysts say Dubai’s state-run conglomerates have $78 billion in loan repayments due over the next few years, according to new research, but analysts have told AGBI the emirate is on track to cover the debts. The loans date back to Dubai’s 2009 debt crisis and equate to 67 percent of its GDP, said consultancy Capital Economics in […] January 23, 2024 Opinion Real Estate Commercial property shortage looms over Dubai More needs to be built – and quickly – if the emirate is not to become a victim of its own success October 3, 2023 Opinion Real Estate Could Dubai property meet its nemesis in 2024? Global macro forces suggest an overheated real estate sector, reminiscent of 2008's tipping points October 2, 2023 Trade South Korea delivers as UAE trade continues to grow Adnoc Logistics and Services took delivery of its first new-build oil tanker on Tuesday as part of growing UAE-South Korea trade and investment ties. The Adnoc subsidiary received Hafeet, a large crude carrier built by Hanwha Ocean at its Okpo Shipyard in Geoje Island, South Korea. The vessel, designed for long-haul voyages to ship crude […] June 22, 2023 Posts navigation 1 2 Next
Opinion Finance Gulf investors must look out for the American ‘bubble’ Trump's re-election has turbocharged US equities but his unpredictability adds to global risk factors December 30, 2024
Opinion Transport Coming soon to a Dubai venue near you – traffic jams Just a few weeks into the return from summer and the omens are gloomy September 27, 2024
Leisure & Hospitality Dubai allocates $2.7bn to expand Exhibition Centre The Dubai government has approved an AED10 billion ($2.72 billion) expansion of the Dubai Exhibition Centre (DEC) at Expo City to strengthen its position in the multi-billion-dollar regional events and exhibition sector. The expansion, which will take place in three phases, will make DEC the region’s largest indoor exhibition and events destination, the UAE state-run […] September 24, 2024
Opinion Markets Stock market crashes: waiting for the Big One Big pressures are building after bad trading on global bourses August 9, 2024
Opinion Economy We need to talk about the American debt spiral Even a resilient Gulf may be at risk from US financial contagion June 24, 2024
Opinion Trade The GCC will benefit from a US-China chill The Gulf's expanding strategic links with Asia mean higher growth at home June 4, 2024
Banking & Finance Dubai on track to tackle $78bn debt, analysts say Dubai’s state-run conglomerates have $78 billion in loan repayments due over the next few years, according to new research, but analysts have told AGBI the emirate is on track to cover the debts. The loans date back to Dubai’s 2009 debt crisis and equate to 67 percent of its GDP, said consultancy Capital Economics in […] January 23, 2024
Opinion Real Estate Commercial property shortage looms over Dubai More needs to be built – and quickly – if the emirate is not to become a victim of its own success October 3, 2023
Opinion Real Estate Could Dubai property meet its nemesis in 2024? Global macro forces suggest an overheated real estate sector, reminiscent of 2008's tipping points October 2, 2023
Trade South Korea delivers as UAE trade continues to grow Adnoc Logistics and Services took delivery of its first new-build oil tanker on Tuesday as part of growing UAE-South Korea trade and investment ties. The Adnoc subsidiary received Hafeet, a large crude carrier built by Hanwha Ocean at its Okpo Shipyard in Geoje Island, South Korea. The vessel, designed for long-haul voyages to ship crude […] June 22, 2023
