Real-Estate-Icons-25-Ali Rashid Lootah
Posted inUncategorized Real Estate Icons

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.

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