Naaman Atallah has resigned from his position at Nakheel, Arabian Business has learned.
It is understood that he made the decision to step down as the Group CEO of Nakheel and Meydan after the integration with Dubai Holding.
The merger was first announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai in March. The decision was aimed at sustaining and advancing growth through a unified and integrated vision according to state news agency WAM.
Atallah was first appointed as Nakheel’s CEO in November 2020, and has led the firm through a massive expansion plan, including the redevelopment of the luxurious Palm Jebel Ali project. He is widely credited with transforming the developer with the successful launch of several major projects including Nakheel Mall.
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