Deyaar appoints new chairman |
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Friday, Jul 03, 2009
Gulf News
Dubai: Dubai developer DeyaarDeyaar
said it appointed Abdullah Al Hameli as the company's new chairman, replacing Nasser Al Shaikh who resigned last month.
In a meeting of the board of directors, DeyaarDeyaar decided to accept the resignations of Al Shaikh and board member Khalid Al Mass, a statement posted on the bourse website said.
The company also elected and appointed Fahd Bin Fahd and Mohammad Al Nahdi as board members, replacing two members who have also resigned.
Al Hamli is chief executive of Dubai Islamic BankDubai Islamic Bank, which has a 41 per cent stake in DeyaarDeyaar.
Al Shaikh resigned earlier this month from several government-linked positions, including Dubai Islamic BankDubai Islamic Bank, just a month after he was replaced as head of the emirate's finances.
Staff Report
© Gulf News 2009. All rights reserved.
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