Sunday, 08 November 2009 | 11:53 UAE time
COMPANIES
Sorouh Real Estate
- +3.26 Last
- +0.14 (+4.49%) Today's Change
- 7.16m Volume
- 2.03-4.08 52 Week Range
- -0.24 (-6.86%) 52 Week Change
COMPANY DESCRIPTION
Sorouh Real Estate is Abu Dhabi second-largest property developer, and has benefited from the government decision in 2005 to allow foreigners buy for the first time.The master developer is also launching a unit in Dubai that it will use to make overseas acquisitions and is setting up companies in Egypt and Morocco to start commercial, residential and lodging construction projects.
Sorouh Real Estate was established in June 2005 with the purpose of developing real estate projects in Abu Dhabi with a vision of turning the emirate into a major destination.
Sorouh listed its shares on the Abu Dhabi Securities Market in December 2005 and raised USD 374 million for 55% of the company's equity.
KEY INFORMATION
Industry
Landlord and Developers
Address
Floor 5, East Tower, Abu Dhabi Mall, Touristic Area, 93666, Abu Dhabi, UAE
T
971 2 4440006
F
971 2 4440066
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 26 July 2005 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Al Gouad Financial Investment | companies | 11.63 | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| Al Maabar International Company | UAE |
| Aseel Finance | UAE |
| Bunya | UAE |
| Emirates Foundation | UAE |
| Green Emirates Properties | UAE |
| Pivot Engineering and General Contracting Company | UAE |
| S and T Cool District Cooling Company | UAE |
| Sorouh International | UAE |
| Goodman Sorouh | UAE |
| Reem Finance | UAE |
| Arabian Sea Foundation | UAE |
| Abu Dhabi Finance | UAE |
| Khidmah | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Saeed Eid Al Ghafli | Chairman |
| Mohamed Khalaf Al Mazroui | Vice Chairman |
| Yousuf Mohamed Ali Al Nouwais | Board Member |
| Mubarak Mattar Mubarak Al Humairi | Board Member |
| Saeed Mubarak Rashid Saeed Al Hajeri | Board Member |
| Fardan Hasan Al Fardan | Board Member |
| Mohammed Ahmad Saeed Al Qassimi | Board Member |
| MANAGEMENT | Position |
| Richard Amos | Chief Financial Officer |
| Abubaker Seddiq Al Khoury | Managing Director |
| Adnan Sahli | Executive Director - Projects |
| Anthony A. Hamad | Executive Director - Asset Management |
| Sutton Turner | Executive Director - Asset and Property Management Services |
| Mohamed Al Marzouqi | HR and Administration Director |
| Mohamed Hesham Newera | Project Director |
| Dean Meyer | Finance Director |
| Robert Leitenberger | Infrastructure Construction Director - Shams Abu Dhabi |
| Ahmed Moubarek | Design Management Director |
| Peter Price | Procurement Director |
| Afshar Mohsef | Chief Internal Auditor |
| Kimberly William McLure | Executive Director - Real Estate |
| Gurjit Singh | Chief Operating Officer |
| B. R. Kiran | Development Director - Property Development |
| Firoze Kapadia | Investment Director |
| Amin Rashidi | Planning Director |
| Rajeev Lee | Director of Retail |
| Paul Warren | Chief Strategic Officer |
| Samer Abu Hijleh | Chief Operations Officer |
| Masood Al Awar | Executive Director of Sales and Marketing |
| ADVISORS | Position |
| Mahmoud Ahmed Fadeel | Legal Advisor |
| Masood Al Awar | Advisor to Chairman |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
- Personal Assistant, Qatar, Qatar
- Client Manager, Abu Dhabi, UAE
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