DUBAI, March 19 (Reuters) - One of Dubai's leading real estate tycoons will take charge of Dubai Holding, the investment vehicle of the emirate's ruler which has a $35 billion portfolio of assets in over 20 countries, the Dubai government said on Sunday.
Abdulla al-Habbai was chosen as chairman of the investment conglomerate by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum, the government said in a brief statement.
Among its projects, Meraas launched its DXB Entertainments subsidiary, which has built a theme park and water park complex on the outskirts of the city to try to attract hundreds of thousands of additional tourists to Dubai.
Within the emirate, Dubai Holding operates a wide range of business parks in addition to assets in tourism, telecommunications and other sectors.
(Reporting by Andrew Torchia; Editing by Keith Weir) ((Sami.Aboudi@thomsonreuters.com; +97143918301;))
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