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Tatweer, a member of Dubai Holding22 August 2009: Tatweer, Sama Dubai, and Dubai Properties, all subsidiaries of Dubai Holding (DH), have merged into one property unit subsidiary of DH. In December 2005, Mohammed Al Gargawi, the CEO of Dubai Holding at the time, announced the creation of Tatweer as a new member of Dubai Holding, to manage a portfolio of Dubai Holding's companies. The Executive Chairman of Tatweer is Saeed Al Muntafiq who is also Director General of the DDIA (Dubai Development and Investment Authority). Companies included under the Tatweer umbrella when formed were
Other companies established and/or added to Tatweer's portfolio include
DubailandA total of 26 mega projects expected - 3 scheduled to be open by end 2006, 10 open by 2009, the rest open by 2012. Total of 300,000 employees with 200,000 visitors every day. At least, that was the plan. As of the beginning of 2009, there's not quite so much ready.
Tatweer contact details Tatweer,
tel +971-4-3302020, fax +971-4-3302010 Tatweer restructuringIn September 2008, Tatweer announced that it would restructure its operations into two divisions - Tatweer Dubai, and Tatweer Investments. Tatweer Dubai (CEO is Khalid Al Malik) will focus on UAE operations and incorporate the following business divisions and partnerships:
Tatweer Investments (CEO is Ahmad Sharaf) will focus on Tatweer's intellectual property portfolio, and international investments and partnerships including the following operations and projects:
Last update Monday 24-Aug-2009 |
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