Dubai Holding is one of the Middle East's largest conglomerates. It was launched in 2004 to consolidate large-scale infrastructure and investment projects in Dubai and identify opportunities to develop major projects that will benefit the United Arab Emirates and the region. Its operations cover property, business parks, hospitality and investments. It has a foothold on four continents, more than 250 companies and around 14,000 employees. Its member companies are the Jumeirah Group, TECOM Investments, Dubai Properties Group, Dubai Group and Dubai International Capital.