Holding Companies and Conglomerate Growth in Dubai’s Business Ecosystem

A holding company is a type of business entity that primarily exists to own shares of other companies, focusing on managing and controlling subsidiary businesses rather than offering goods or services directly. These companies are structured to provide centralized oversight, reduce operational risks, and strategically guide the growth of their subsidiaries. In a fast-growing economy like that of Dubai, many large businesses operate as conglomerates, overseeing diverse portfolios across industries such as real estate, finance, retail, automotive, and construction. These structures allow firms to maintain resilience in changing markets and capitalize on cross-industry opportunities, helping drive long-term success. Such diverse and strategically managed enterprises are commonly referred to as a conglomerate company. Juma Al Majid is a leading holding company in UAE. To know more https://www.al-majid.com/

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