Nakheel & Meydan to merge under Dubai Holding

Nakheel & Meydan to merge under Dubai Holding

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced that Nakheel and Meydan, the two of leading real estate developers in UAE, will join forces with Dubai Holding. The Merging, under the leadership of H.H. Sheikh Ahmed bin Saeed Al Maktoum, aims to sustain and advance […]His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced that Nakheel and Meydan, the two of leading real estate developers in UAE, will join forces with Dubai Holding.

The Merging, under the leadership of H.H. Sheikh Ahmed bin Saeed Al Maktoum, aims to sustain and advance growth through a unified and integrated vision that builds on gains, spurs efforts and boosts Dubai’s global competitiveness.

Sheikh Mohammed bin Rashid Al MaktoumRuler of DubaiVice president, PM- UAE

“In a new milestone to reinforce and boost our economic growth, today we directed the inclusion of Nakheel and Meydan companies under the umbrella of Dubai Holding, forming a global economic entity with a diverse portfolio in sectors such as technology, media, hospitality, real estate, retail, and more, led by Sheikh Ahmed bin Saeed Al Maktoum. The goal is to create a more financially