Under the decree ratified 2 March 2006 by Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, UAE Vice President and Prime Minister, Dubai World has officially been sanctioned. Today, it has been launched as one of the world’s leading holding companies, with over 45,000 employees in over 75 cities around the world.
Comprised of development, investment, marine services, commodities and ports and free zone divisions, Dubai World is a powerful growth engine with an unprecedented collection of companies including: DP World, P&O, Jafza, Dubai Drydocks, Maritime City, Dubai Multi Commodities Centre, Kerzner, One & Only, Atlantis, Island Global Yachting, Limitless, Nakheel, Istithmar, Inchcape Shipping Services, Tejari, Technopark and Tamweel.
Led by Sultan Ahmed Bin Sulayem, Dubai World was established to continue expanding Dubai’s aggressive growth, domestically and abroad. With iconic projects in Dubai like The Palm, extensive real estate investment in New York and London, unique hospitality destinations in every corner of the world, and a growing global port footprint from China to Peru, Dubai World is a diverse and proven collection of successful companies.
Sultan Ahmed Bin Sulayem, Chairman, Dubai World, stated, “Dubai World never stops working. Around the globe and around the clock, we are committed to achieving tremendous success. Our Holding Company is a pioneering collection of international companies who together will proudly advance Dubai and the world. We know this is just the beginning of what we can accomplish and are excited and optimistic about the future and how Dubai World can help transform it.”
Dubai World’s Board members include: Sultan Ahmed Bin Sulayem (Chairman), Jamal Majid Bin Thaniah, Ahmed Butti Ahmed, Saeed Ahmed Saeed, Chris O’Donnell, Saad Abdul Razak, Geoff Taylor, Maryam Sharaf, Suleiman Al Mazrouei, Khulood Al Rostamani, David Rutledge, David Jackson, Alan Rogers and Omar Hijazi.