Dubai World

Dubai World
دبي العالمية
Company typeGovernment owned
IndustryDiversified investments
Founded2 July 1969
Headquarters,
Area served
30 cities in 12 countries
Key people
Ahmed bin Saeed Al Maktoum, Chairman
Jamal Majid Bin Thaniah, CEO
RevenueIncrease US$18 billion (2008)
Increase US$1.4 billion (2008)
Increase US$1.17 billion (2008)
Number of employees
5000+
ParentDubai Inc.
SubsidiariesDubai 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.