|12-22-2014, 08:41 PM||#1|
Emaar Properties CEO to leave this year
One of the top UAE`s real estate development companies, Emaar Properties, behind the most iconic projects such as Burj Khalifa and other developments revealed today that its Dubai real estate branch CEO will be leaving by the end of this year.
"We would like to clarify that Robert Booth, CEO of Emaar Dubai Real Estate, will continue to handle his responsibilities until the end of the year 2014," said Emaar in a burse filing.
Emaar Properties is the developer behind Burj Khalifa, the world`s tallest tower, and Dubai Mall and continues on efficiently expanding on a local and international scale a collective presence in 36 markets across the Middle East, North Africa, Pan-Asia, Europe and North America.
The company already established and developed projects in most of the Gulf and Middle East countries along with China, the U.S, U.K, Canada and India and continues on expanding efficiently.
On September 18 this year, Mohamed Alabbar, Chairman of Emaar Properties PJSC, has been honored with the ‘Lifetime Achievement Award’ at the Gulf Business Industry Awards 2014.
Emaar Properties shares climbed significantly by 13.7 percent within the closing session of the Dubai stock market yesterday to accordingly push the Dubai index up by 9.9 percent.
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