Al Seef is a 1.8-kilometre waterfront promenade. The legacy of developing well-known destinations and prominent landmarks continues with well-designed and coveted lifestyle experiences in waterfront, urban and suburban locations. [26], In February 2015 Meraas launched Boxpark,[27] a destination spanning across 1.2-kilometres located on Al Wasl road. He is on the Board of RAK Petroleum, an Oslo Brs-listed oil and gas investment company and serves as the Chairman of its Audit Committee. Sc.) Edward holds the position of Chief Legal Officer. The Board of Directors of DXBE recommends to shareholders to accept the Offer and attend the General Assembly on 9 March 2021 to vote in favour of the resolutions required to implement the Offer. Holder of a Bachelors Degree in Political Science from the University of Denver, Colorado, USA, Sheikh Ahmed has received many international honours, including the fellowship of the British Royal Aeronautical Society, Commandeur de lOrdre de la Legion dHonneur (the Legion of Honour) the highest French civilian award, and the Verfassungsportugaleser, one of Germanys highest honours. In his previous role as Chief Human Capital Officer, he was instrumental in the development of the function, aligning all human capital initiatives and functions with the strategic objectives of the company. Centrally located between the three theme parks, River park will serve as an entrance plaza district featuring an array of retail, dining and entertainment options. In 1999, one of the first initiatives of Mr Thaniah and DPA chairman in the international port operation market encompassing Beirut, Djibouti and Jeddah led to the creation of Dubai Ports International (DPI). If you cannot find what you are searching for, please contact us and we will respond as soon as possible. In Sep 2017, Mr Bin Thaniah was elected as a nonexecutive board member of Emaar the Economic City. Browse our latest news and announcements in our media center. In his past career he held the position of President for Kuwait Investment Office and Head of Private . The Meraas real estate portfolio comprises property development sales and asset management across Dubai. [44], Meraas become part of Dubai Holding following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.[45]. The board is also tasked with a number of other responsibilities, including the following: Creating dividend policies. He also has a Diploma in Computer System Analysis from the Institute of Computer Technology, Los Angeles, California USA. GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC. [34], The enterprise division is responsible for the management of shareholders investments, joint ventures and commercial partnerships. file size: 3 MB. 57 % Independent directors on Board of Directors DELIVERING VALUE FOR OUR STAKEHOLDERS DELIVERING CONSISTENT PROGRESS At Emaar, we prioritise customers and create value for all stakeholders by providing an aspirational lifestyle beyond dreaming big. His Excellency Helal Saeed Almarri has been Director-General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013. Mr. Sadler is one of the most respected technology executives in Canada, and is widely known as the former Vice-Chairman and CEO of Geac Computer Corporation. Subscribe and follow. In 2001 he was appointed as a Managing Director to masterplan the development of Jebel Ali as one of the biggest terminals in the world, increasing its capacity from 20 million TEUs at that time to 50 million TEUs. Omar also heads Dubai Holding Investments, the Groups vertical that is dedicated to these investments. In his capacity, Almarri is accountable for the planning, oversight, and delivery of Dubais vision and aspirational targets for the sector. For-profit and nonprofit corporations - as well as some government agencies - have a board of directors. [citation needed], Last Exit is a themed food truck concept offering "gourmet" street food. Presently, Osama Abdullah Khaled Al-Ayoub occupies the position of Chief Executive Officer for Meraas Holding LLC and Senior Advisor at Rhne Capital LLC. Projects include Port de La Mer,[4] Central Park at City Walk,[5] Cherrywoods, Bluewaters Residences, Bvlgari Residences,[6] Nikki Beach Residences and Villa Amalfi. When her role at HSBC expanded to include Chief of Staff and Strategy and Planning, she was a trusted advisor to the Chief Executive Officer, MENAT, leading on the delivery of several strategic programs with a focus on growth acceleration to deliver increased business and revenue growth. Helal Almarri also heads up the DWTCA, which encompasses the UAEs leading event venue and the largest event and exhibition centre in the region. Mr. Alabbar is the Chairman of Tradewinds Corporation, a premier leisure and hospitality owner-operator in Malaysia, focused on . Chairman of the National Committee for the Follow-up Program of Investment Climate Dubai property company Meraas, which owns more than half of DXB Entertainments, intends to make a conditional offer to acquire the remaining shares in the loss-making theme park group and take it. The forward-looking statements contained in such documents relate to DXBEs future prospects, developments and business strategies, expectations in relation to the timing of the Offer and other statements that are not historical facts. Projects include City Walk, Bluewaters Island, Jumeira Bay, Pearl Jumeira, La Mer, and Dubai Harbour. [12], The firm's "Leisure & Entertainment" division operates entertainment destinations and venues, including the Dubai Safari. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which DXBE operates in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. History. Copyright 2015 - 2023 Dubai Holding, All rights reserved. Fatma Hussain is the Chief People Officer, leading the Groups efforts to foster a people-driven culture that empowers Dubai Holding employees. Please read our privacy and cookie policy. Being trusted by and consistently honoring our promises goes hand in hand with our desire to create spectacular spaces. In addition, he holds memberships to several important organisations. A graduate in Finance and Business Administration from the Seattle University in the US, Mr. Alabbar also holds an Honorary Doctorate from the University, and serves on its Board of Trustees. Board of Directors has four options on each proposal: affirm, deny, table or amend a rule. A 2022 McKinsey survey found that AI adoption has more than doubled over the past five years, and investment in AI is increasing as well. Abdullah al-Habbai, who headed Dubai Holding and Meraas, will be replaced on an interim basis with Emirates airline chairman Sheikh Ahmed bin Saeed Al Maktoum, the emirate's media office said on. All rights reserved. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax rates and/or regimes and future business combinations or disposals. Creative lifestyle space where you can live, work and play, Explore our spectacular residential portfolio, Explore dinning, shopping, beach experiences and more, Explore our properties in a new immersive way, Copyright 2023 Meraas By Dubai Holding Real Estate. DELTA NEWS ON THE GO. Since 2012, Mr Ben Thaniah has sat as an independent member on the board of Directors of Emaar Dubai and has previously served as a board member in different entities. We develop interconnectivity [36], Caesars Bluewaters Dubai A strategic partnership by Meraas and Caesars Entertainment Corporation to bring two luxury hotels, a beach club and theatre to the man-made island of Bluewaters Island Born in 1967, Mr Almulla holds a diploma in business administration from Newberry College, Boston. About Meraas - A Dubai Based Conglomerate We think globally Meraas is committed to creating and consistently delivering world-class real estate projects and master developments that strengthen Dubai's position as the global real estate investment destination of choice. Khalid Al Malik MANAGING DIRECTOR Aldrin Sequeira CHIEF INTERNAL AUDIT OFFICER Boris Rusafov CHIEF TECHNOLOGY OFFICER Edward Sunna CHIEF LEGAL OFFICER Fatma Hussain CHIEF PEOPLE OFFICER Huda Buhumaid CHIEF IMPACT OFFICER Nasser Al Awadhi CHIEF BUSINESS TRANSFORMATION OFFICER Omar Karim CHIEF INVESTMENT OFFICER Sharjil Anwar CHIEF FINANCIAL OFFICER Mr Jawa is Chairman of Emaar Middle East (KSA), developer of high-value projects in Saudi Arabia. During his tenure, he worked on numerous projects and is currently accountable for over 50 property assets in the UAE. He holds several esteemed positions, Chairman Dubai Insurance Company PSC, Vice Chairman of Emirates Islamic Bank PJSC, Director of Emirates NBD Bank (PJSC), and Director of Dubai Refreshment PJSC. Before joining Emaar in November 2005, Al Matrooshi held the position of Chief Executive Officer at the government-run Dubai Development Board (DDB) for almost a decade. H.E. Meraas, a holding company wit h multiple landmark projects across Dubai, today launched its offer (the "Offer") to acquire 100% of the issued and paid-up ordinary share capital of the Company. We use cookies to make sure you get the best experience on our website. Sultan bin Saeed AlMansoori Minister of Economy . Coast Investment & Development Company K.S.C.P. Minister of Government Sector Development during the period of 2006 2008 In 2008, following the global crisis, Bin Thaniah led the restructuring of Dubai World, a conglomerate in the real estate (Nakheel), private equity (Istithmar) and Dry dock world. A simple majority is necessary to act on any measure and all approved measures become effective immediately unless otherwise noted. Under the terms of the Offer, holders of shares in DXBE will be entitled to receive AED 0.08 in cash for each DXBE share they hold. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. He has spearheaded the growth of Emaar Properties attaining unmatched track record of successfully developing iconic futuristic residential, retail, entertainment, hospitality & leisure assets transforming the lifestyles of people globally. On 9 February 2021, Meraas Leisure and Entertainment LLC (Meraas) launched its offer (Offer) to acquire 100% of the issued and paid-up ordinary share capital of DXB Entertainments PJSC (DXBE). This field is for validation purposes and should be left unchanged. Meraas Holding is a Dubai-based real estate company with operations and assets in the UAE and overseas. Welcome to the website dedicated to providing information on the conditional cash offer received from Meraas Leisure and Entertainment LLC (Meraas) to acquire 100% of the issued and paid-up ordinary share capital of DXB Entertainments PJSC (DXBE) (the Offer). Member of the Ministerial Committee for Legislation In the past, Khalid has held a number of key positions within the Dubai government and private sector, including Director of Operations at the Dubai Development and Investment Authority, CEO of Dubai Industrial City and CEO of Tatweer. He is responsible for developing the centres strategic and development plans to position Dubai as a leading global MICE-destination. Al Matrooshi is the Chairman of Emrill Services LLC; Vice-Chairman of Emaar Malls PJSC, member of the Consultation Committee for the Dubai Supreme Council of Energy, a member of the Committee at UAE Council of UAE companies invested abroad. In addition to his position as Minister of Economy, His Excellency Sultan holds the positions below : At Citibank, Huda launched several first-of-their-kind initiatives, including widely acclaimed ones such as online and mobile banking services. In his role, Boris oversees the technology functions of the Group across a diverse range of industries including hospitality, retail, media, leisure, and entertainment.
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