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| '''Scimitar Holdings Limited''' ( Arabic: شركة سيميتار المحدودة, ''Sharikat Simitar Al-Mahduda''), sometimes known by its acronym '''SHL''', is a privately-held investment holding company incorporated in the emirate of Ras Al-Khaimah in the United Arab Emirates. It holds a leasehold title to the island of Socotra in [[Yemen]], and its business is to act as the ''de facto'' government and development authority of the [[Socotra|Socotra Special Administrative Region]]. The lease was granted by Emir Ayyub Fahad Al-Ansari, and runs until 5 January 2126. | | '''Minerva Holdings Limited''' (Traditional Chinese: 美華投資控股公司) is a privately-held investment holding company incorporated in Hong Kong. |
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| Scimitar's revenues are derived mostly from the sale of land rights and permits in Socotra. In addition, it also levies taxes on various types of business activities within the SAR and earns dividends from its equity stakes in a number of companies, including Socotra Energy, SocoTel, Socotra Medical Corporation, SocoLand, and Air Socotra.
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| Scimitar also owns and exercises control over a number of public services within the SAR which cover areas that would traditionally fall under government control. These include the Socotra Gendarmerie, Socotra Civil Defense Services, Socotra Judicial Service, Socotra Land Management Commission, Socotra Gaming Commission, Socotra Prostitution Office, and Socotra Labor Agency. The Administrator of Socotra, the Mayors of [[Hadibu]] and Qalansiya, and all members of the Socotra Special Administration Authority are appointed by Scimitar without the need for oversight from the Yemeni government.
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Revision as of 12:32, 16 March 2025
| Minerva Holdings Limited |
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 Minerva Tower in Hong Kong |
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| Incorporated | 7 February 2003
Hong Kong SAR, China |
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| Headquarters | Hong Kong |
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| Type | Privately-held |
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| Industry | Diversified conglomerate |
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| Chairman | Julian Kao |
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| CEO | Haroon Uddin |
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| Revenue | $776 billion (2034) |
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| Pre-Tax Profit | $191 billion (2033) |
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| Valuation | $1.56 trillion (2033) |
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| Employees | 2,096 |
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| Shareholders | Palatine Trust (35%)
Palatine Management Ltd (9.6%)
Julian Kao (2.3%)
Others (52.8%) |
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Minerva Holdings Limited (Traditional Chinese: 美華投資控股公司) is a privately-held investment holding company incorporated in Hong Kong.
