| 24 Aug 2010 |
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Mohammed Al-Saqqaf Thanks ALARGAN After Resignation from the Board
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Kuwait -- Mohammed Ahmad Al-Saqqaf, Chief Executive Officer of ALARGAN International Real Estate CompanyALARGAN International Real Estate Company
expressed that based upon his desire to not renew his contract with the Company, March 2011 will be his last working month. Mr. Al-Saqqaf said: "After serving for five years as ALARGANALARGAN's CEO it is time to explore new challenges and opportunities that can add value to my professional career." Mr. Al-Saqqaf has over 23 years experience in the investment and real estate development sector, both regionally and internationally and has held a number of prominent executive roles throughout his career.
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About ALARGAN
ALARGAN International Real Estate CompanyALARGAN International Real Estate Company
is a leading real estate developer in the Middle East with an operating capital of over US$90 million. Established in 1994, ALARGANALARGAN is a pioneer in quality residential and commercial developments and has grown into a publicly listed company on the Kuwait Stock Exchange with approximately $2.4 billion in assets under management. As a result of its excellent track record and success, ALARGANALARGAN began to expand into other countries in 2003 and currently has fully operating affiliates in the Sultanate of Oman, the Kingdom of Saudi Arabia and the Kingdom of Bahrain. © Press Release 2010
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