Meraas Holding is one of the most prominent companies in Dubai. Founded in 2007, it has since launched the most ambitious projects in UAE. Today Meraas is a part of Dubai Holding. The company’s portfolio comprises more than 3,500 homes, 2,000 retail units, and 15 landmark destinations.
One of the most ambitious Meraas’ developments is Jumeirah. With the territory of 96 million sq ft, it has a value of 95 billion dollars. Scheduled to be completed in 2021, the project will accommodate more than 100 thousand people.
In 2020 Merras’ chairman Sheikh Ahmed was ranked 22 of the CW power list – a list of 100 most influential members of the Middle East’s construction industry. His Highness is a member of the Al Maktoum ruling family. Sheikh holds several government positions, such as the second vice-chairman of Dubai Executive Council Chairman, which formulates policies and strategies for the Emirate Dubai, of the Dubai Supreme Fiscal Committee, Chairman of the Economic Development Committee.