A holding company is a business entity that owns controlling stakes in other companies, allowing it to manage multiple subsidiaries without directly engaging in commercial operations. In the UAE, particularly in Dubai, holding companies are widely used by conglomerate companies to oversee diversified business interests across sectors like real estate, finance, and hospitality. This structure offers strategic advantages such as centralized control, reduced risk, and tax efficiency. A conglomerate in Dubai typically relies on a holding company model for growth and operational flexibility. Juma Al majid is a leading holding company in Dubai. To know more https://www.al-majid.com/
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