Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
UAE
Print
Email
Discuss this article (1 Comments)Dubai developer Deyaar appoints new chairman
by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 02 July 2009
NEW BOSS: Al Hamli is chief executive of Dubai Islamic Bank, which has a 41 percent stake in Deyaar. (Getty Images)
Dubai developer Deyaar said it appointed Abdulla Al Hamli as the company's new chairman, replacing Nasser Al Shaikh who resigned last month.
In a meeting of the board of directors, Deyaar decided to accept the resignations of Al Shaikh and board member Khaled Al Mass, a statement posted on the bourse website said.
The company also elected and appointed Fahd bin Fahd and Mohammed al-Nahdi as board members, replacing two members who have also resigned.
Related: Deyaar Properties chairman resigns
Al Hamli is chief executive of Dubai Islamic Bank, which has a 41 percent stake in Deyaar.
Shaikh resigned earlier this month from several government-linked positions, including Dubai Islamic Bank, just a month after he was replaced as head of the emirate's finances. (Reuters)
READERS' COMMENTS
Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
Will the new chairman please refund our money ?
Posted by Suresh, dubai, UAE on Tuesday 7 July 2009 at 22:15 UAE time
Deeyar is sitting on our hard earned money for more than a year without starting the project or even acquiring the land for it !!
It is only sitting in an escrow account and of no use to you anyway ! Can we please have our money back ?
Can RERA or the Dubai government PLEASE PLEASE do some thing ?
Posted by Suresh, dubai, UAE on Tuesday 7 July 2009 at 22:15 UAE time
Deeyar is sitting on our hard earned money for more than a year without starting the project or even acquiring the land for it !!
It is only sitting in an escrow account and of no use to you anyway ! Can we please have our money back ?
Can RERA or the Dubai government PLEASE PLEASE do some thing ?
Click here to post a comment
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST REAL ESTATE
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST REAL ESTATE
LATEST MIDDLE EAST BUSINESS NEWS
- Banking & Finance: Islamic banks should target female market - report
- Travel & Hospitality: flydubai set to launch new flights to Nepal
- Real Estate: Dubai's Oct property sales value rises by 50% - official
- Politics & Economics: UAE considers allowing citizens to elect 50% of FNC
- Travel & Hospitality: Emirates brings forward Paris A380 plans
SHARE PRICE CHECK
RELATED STORIES
Deyaar Development Company
| 72 stories- Markus Giebel
5 Oct '09 | Contributors - UAE property firms' Q2's seen hit by lower sales
12 Jul '09 | News - Dubai's Deyaar expects 'high single digit' default rate
8 Jul '09 | News
Mobile
