Dubai developer draws on Emirati talent with new senior management appointments

Dubai, 14 May 2017

Nakheel today announced organisational changes, with a newly-created department and new senior management appointments, as the company enters the next phase in its growth. 

Fawzi Al Shehhi becomes Managing Director, Nakheel Community Planning and Management – a new department that combines the company’s existing Community Management and Development Control and Urban Planning functions. Fawzi has been with Nakheel since 2011 and previously held the position of Director Development Control and Urban Planning.

The Community Planning and Management department brings together two Nakheel functions that are a natural fit with one another. The result will be enhanced services and facilities for customers, investors and stakeholders, including the 270,000 people who live in Nakheel communities across Dubai.

Nakheel has also appointed Omar Khoory as Managing Director, Nakheel Malls, to lead the strategy, operations, leasing and planning for company’s existing and upcoming retail developments. Omar joined Nakheel in 2007, holding various retail roles including Director of Nakheel Malls, during which time he oversaw the delivery of Dragon Mart 2, the first phase expansion at Ibn Battuta Mall and Golden Mile Galleria on Palm Jumeirah.

Nakheel is set to become the region’s biggest retail developer, through a AED16 billion expansion that will bring its total retail space to more than 17 million sq ft. The company has 18 projects, including large-scale destination malls, souks and neighbourhood retail Pavilions, in its portfolio, with more than four million sq ft of shop space already in operation.

Nakheel Chairman Ali Rashid Lootah said: “These changes reflect our continued growth and diversification, and underline our strategy to appoint young, talented UAE nationals – who continue to prove their commitment, drive and ability to deliver – into senior positions in which they can take a greater responsibility within our leadership team.”

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Media contact: Rebecca Rees on +9714 375 9702 (Rebecca.rees@nakheel.com )

About Nakheel (www.nakheel.com )
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.

Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba.  Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has more than 21,000 residential units under construction or in the pipeline.

Nakheel’s current and future retail project portfolio covers nearly 17 million square feet of leasable space.  Developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Golden Mile Galleria, Nakheel Mall, The Pointe, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and Nad Al Sheba Mall, as well as major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall.  The retail profile also includes several neighbourhood community centres.

Our growing hospitality project portfolio comprises 18 hotels and serviced apartment developments with more than 5,800 rooms between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City.

© Press Release 2017