Real Estate Icons
Tue 28 Aug 2018 09:20 PM
Ali Rashid Lootah

Company: Nakheel

Designation: Chairman

Leading Nakheel after the economic crisis was no easy task but Ali Rashid Lootah has brought the company back to profitability, with net profits of $680m for H1 2018. Its non-development businesses – retail, leasing, hospitality and asset management – all performed strongly, and is expected to grow further with the completion of retail projects such as The Pointe, due to open this year.