The opinion of the board of directors of DXBE on the Offer is set out in the circular opinion of the board of directors of DXBE published on 9 February 2021 (the Circular Opinion). Musabbeh is the Chief Executive Officer of Mubadalas UAE Investments platform. Find contact's direct phone number, email address, work history, and more. Edward is a former parttime member of staff at HeriotWatt University, Dubai Campus; he was an Advisor with the Dubai Real Estate Institute and the author of numerous publications. Delta Board of Directors names Vasant Prabhu as newest member Darsh Gallage - Director, Operations - Meraas | ZoomInfo She also holds a Directorship Certification from Hawkamah Institute for Corporate Governance in the UAE, in addition to a Masters in Business Administration from the University of Dubai. [21], Central Park at City Walk is a residential neighbourhood which will[speculation?] Each role of a board of directors was designed to manage a specific purpose within the organization.. Board roles and responsibilities need to be clearly defined. In 2006, Jassim finished his Bachelors in Business Administration from the American University of Sharjah (AUS). Helal Almarri holds a Master of Business Administration (MBA) degree from the London Business School (LBS). Mr Bin Thaniah is a regular speaker in the international ports and maritime . It has a marina with 56 berths for private yachts. 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. 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. He is well respected by all major international ports operators and the shipping lines with extensive knowledge about developing large scale port operations and logistic zone, including the business knowledge process in the shipping line routes and rotations. Chairman of The UAE SME Council He is also a member of the Dubai World Expo 2020 Preparatory Committee. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. Nasser is currently Chairman of the Board for Rove Hotels, whilst also being on the board of Dubai Group and Dubai Waste Management Company. Being imaginative, always exploring new ideas to enhance lifestyles, and utilizing inventiveness to create something unique is what we pride ourselves on. NATIONAL INTERNATIONAL HOLDING COMPANY K.S.C.P. |. Creating options policies. View Liang Qian's business profile as Director, Investment Office (China) at Meraas. |. [citation needed] The properties are set over a podium that is designed to capture views of the Persian Gulf. Chief Executive Officer, UAE Investments. Mr Ahmed Jawa embodies the Middle Easts success story. Through its portfolio of refreshingly innovative landmark concepts, Meraas aims to redefine industries across multiple sectors. His Excellency Helal Saeed Almarri has been Director-General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013. An inside director is a board member and executive or manager at a company. Prior to joining Dubai Holding, Omar worked as an investment banker at UBS Investment Bank, where he was responsible for the execution of a broad range of mergers, acquisitions and financing transactions with global clients. CSR Head and Director: Meraas: xxxx@meraas.com ****677*** View Number: Meraas technology stack. Board of Directors | Meaning & Examples | InvestingAnswers At Meraas, we are excited to signal the start of an ambitious destination that is anticipated to generate thousands of new jobs as an international entertainment hub., motiongate Dubai will feature four unique zones and transport visitors on a journey of discovery, bringing to life some of the most recognizable Hollywood characters from the big screen. Forward-looking statements may include statements relating to the following: (i) future capital expenditures, expenses, revenues, earnings, synergies, economic performance, indebtedness, financial condition, dividend policy, losses and future prospects; (ii) business and management strategies; (iii) the effects of global economic conditions and governmental regulation on Meraas or DXBEs business; and (iv) steps in the transaction process the outcome of which is dependent on third party acts/omissions or is otherwise beyond Meraas and/or DXBEs control. I understand that it may affect my rights. Our Leadership | Dubai Holding Meraas | LinkedIn Board of Directors - Overview, Functions & Different Structures Eng. Currently working as Executive Director - Governance, Risk & Compliance at Dubai Properties Group a subsidiary of Dubai Holdings. Board of directors are shareholders of the company. Dr Maha Barakat is the Director General of the Frontline Heroes Office and a Senior Advisor at Mubadala. It may require cleanup to comply with Wikipedia's content policies, particularly, Wikipedia policy generally considers directories in articles to be unencyclopedic and potential, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Property developer Meraas to become part of Dubai Holding", "Sheikh Ahmed in control at Dubai Holding, Meraas | Gulf News", "Meraas launches Port de La Mer residential community | Middle East Construction News", "Dubai's own Central Park: new development planned for City Walk", "Dubai's Meraas Launches Bulgari Residences", "Dubai seeks to become global marinas hub under new deal | Arabian Business", "Dubai Harbour: Sheikh Mohammed unveils major new project with Middle East's biggest marina | The National", "World's tallest Ferris wheel 'Ain Dubai' to open in 2020 | Gulf News", "Largest Ferris wheel in the world rises off Jumeirah | Khaleej Times", "Mohammed bin Rashid announces development of 'Dubai Harbour' | SheikhMohammed.ae", "Dubai's developers have sales sell-outs and a skyscraper launch in busy week", "Meraas signs agreement with Dubai Municipality to manage Dubai Safari", "Dubai scoops out its first tropical forest", "Inflatable playground Hawa Hawa comes to Dubai", "World's tallest observation wheel, Ain Dubai, will open in 2020 | What's On", "Super premium Bulgari hotel opens in Dubai | Gulf News", "Dubai's Meraas launches clinic at City Walk as part of new healthcare unit", "Dubai's Bluewaters project begins handover to its first residents", "First handovers announced at Bulgari Residences Dubai | Arabian Business", "Dubai's property developer Meraas unveils plans to build new green community: 'Central Park at City Walk', "Meraas starts handover of Nikki Beach Residences | Gulf News", "Investors get their fill buying plots in Dubai | Gulf News", "New SME district launched in Dubai's Al Seef", "World's tallest observation wheel, Ain Dubai, to be completed next year", "Meraas launches BoxPark in Dubai | Gulf News", "Shaikh Mohammad Bin Rashid unveils new megaproject: Dubai Harbour | Gulf News", "1st Gov Games begins on Wednesday | Gulf News", "New beach and entertainment space La Mer opens to Dubai public | The National", "Meraas to expand Last Exit food truck centres in Dubai | The National", "New luxury Nikki Beach resort set to open in Dubai's Pearl Jumeira", "The Outlet Village launched in Dubai | Gulf News", "10 facts about the upcoming Dubai Harbour", "Dubai Cruise Terminal to be main hub for cruise tourism | Saudi Gazette", "All bets are off as Caesars Palace resort set to open in Dubai | The National =", "Dubai Parks operator shakes up senior management as it unveils new strategy", "Rove Hotels, Dubai's Smart New Hotel Brand for the Modern Traveller, to Roll Out in 10 Central Locations by 2020 | Hospitality Net =", "Emaar launches residences starting at Dhs664,888 in Dubai Hills Estate", "Dubai Water Canal: All that you need to know | Khaleej Times =", "Dubai's Meraas unveils Hatta eco-tourism projects | The National", "Hala China initiative launched with Chinese musical | Gulf News", "Meraas aims to further development with Chinese tourism in region | Gulf News", https://en.wikipedia.org/w/index.php?title=Meraas&oldid=1149526000, 2007 establishments in the United Arab Emirates, Conglomerate companies established in 2007, Property companies of the United Arab Emirates, Articles with a promotional tone from November 2018, Wikipedia articles with possible conflicts of interest from September 2019, Wikipedia articles with style issues from June 2021, Articles with multiple maintenance issues, Articles with unsourced statements from September 2019, Articles containing predictions or speculation, Articles with failed verification from October 2022, Wikipedia articles in need of updating from August 2020, All Wikipedia articles in need of updating, Articles with unsourced statements from October 2021, Articles with unsourced statements from March 2023, Articles with a promotional tone from September 2019, All articles with vague or ambiguous time, Vague or ambiguous time from September 2019, Articles with failed verification from August 2020, Articles with unsourced statements from August 2020, Creative Commons Attribution-ShareAlike License 3.0, Real estate, tourism, retail, F&B, leisure and entertainment, hospitality, healthcare, This page was last edited on 12 April 2023, at 19:41. The contents of this website may be amended at any time in whole or in any part at the sole discretion of DXBE. 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. Sharjil Anwar is the Chief Financial Officer of Dubai Holding. . Jamal Majid Bin Thaniah is the Co-Founder of DP World, the 4th largest port operator in the world with a capacity of 100 Million TEUs in the year 2006; DPI concluded the acquisition of P&O Ports to become the 3rd largest port operator in the world and DPW was created to become a real international port operator company worth USD 22 billion. After graduation, Jassim joined his family business API, in 2006 as the Commercial Director. Born and brought up in Dubai, United Arab Emirates, Al Matrooshi holds a Bachelor of Arts in Public Administration and a Diploma in Property Management from NCFE UK. Chairman of The Emirates Authority For Standardization & Metrology In his role, Boris oversees the technology functions of the Group across a diverse range of industries including hospitality, retail, media, leisure, and entertainment. PDF Board of Directors Tables Four-Class Proposal Director, Operations at Meraas . He brings a wealth of global experience from the United States, Southeast Asia, Europe, and the Middle East, and a 30-year track record of delivering major technology change and operational excellence. He is fluent in Arabic, English, and French. Nasser's role is critical to ensuring business transformation in alignment with modern workplace best practices while successfully translating the mandate of our Centre of Excellence. At the DDB, he ensured affordable housing and competitive financing rates to all residents across the Emirate. During construction, the structure was described as the "largest Ferris wheel in the world".[10][speculation? Aldrin is an industry leader with over 28 years of experience in conducting assurance, advisory and forensics reviews on strategic, financial, operational and technology matters, and contributing to Boards and Sub-Committees. [44], Meraas become part of Dubai Holding following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.[45]. +971 43622000 Company Meraas Karen Jones Current Workplace Karen Jones has been working as a Director, Legal at Meraas for 9 years. We use cookies to make sure you get the best experience on our website. Aldrin Sequeira is the Chief Internal Audit Officer responsible for overseeing the Groups Internal audit and risk management functions and providing independent and objective assurance on its financial and operational activities. He has also served on the governance bodies of several regional and international organisations including those across hospitality, energy, retail and real estate, as well as on the Advisory Board of Warwick Business School. After lengthy conversation, the Board opted to table the proposal for further study which would 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. Darsh Gallage is a Director, Operations at Meraas based in Dubai, Dubai. Senior Airport Coordinator, then Vice President Operations at Dubai Civil Aviation Authority during the period of 1988 1991 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. Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. As the first LEGOLAND park in the Middle East and the seventh worldwide, LEGOLAND Dubai will bring the well-known LEGO brick to life in an interactive world specifically designed for children aged 2-12. Chairman of the Federal Civil Aviation Authority From the conception of a grand idea, to selecting the finest materials, to delivering world-class communities wouldnt hold the same value if our patrons didnt believe in our commitment to serve them to the best of our abilities. Rich Paul Allen Berezovsky/Getty Images. He also has a Diploma in Computer System Analysis from the Institute of Computer Technology, Los Angeles, California USA. Meraas has also agreed to acquire the senior bank debt of DXBE and subsequently convert this debt into new shares of DXBE at a conversion price of AED 0.08 per share, being the same price of the Offer. Such forward-looking statements should therefore be construed in the light of such factors. Member of GCC Consulting Authority for Supreme council. Mr Jawas expertise and entrepreneurial skills have made him a trusted advisor for global companies that operate in the Middle East. These currently include Azadea, Certares Holdings, Dream Holdings (Aerofarms), Dubai Harbour Cruise Terminal, Dubai Hills Estate group, Merex Investment Group and TECOM Group. 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. The Dubai Department of Tourism and Commerce Marketing (DTCM) is the government authority responsible for continuously furthering Dubais position as a leading global tourism destination and business hub. Mr Bin Thaniah joined Port Rashid in October 1981 and progressed through the management until May 1991 when the Dubai government merged port Rashid with Jebel Ali port under Dubai Ports Authority (DPA). The one to four-bedroom apartments will[speculation?] In addition, he has also held various senior positions Saudi Arabia at Ernst & Young, Siemens Limited, Emaar, The Economic City, and Red Sea Gateway Container Terminal Limited. The renowned Saudi Arabian entrepreneur established Starling Holding, an international investment group dedicated to private equity and venture capital, just after graduating from college, when private equity was in its infancy in the Middle East region. 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. A recent report by JLLs Hotels and Hospitality Group has also revealed that Dubai registered a steady increase of hotel guests at a CAGR of eight percent from 2009 until 2013. Since joining Dubai Holding in 2006, Huda has successfully launched several strategic and award-winning projects across Dubai Holding and its companies that operate within different key sectors, including real estate, hospitality, retail and entertainment. [citation needed], Last Exit is a themed food truck concept offering "gourmet" street food. Text Size. He also played a pivotal role in the successful listing of TECOM Group and Empower on the Dubai Financial Market in 2022. Mr Buti Obaid Almulla is Chairman of Mohamad and Obaid Almulla Group, a Dubai-based family-owned business launched in 1942, and a market leader in key strategic economic sectors: Hospitality, Healthcare & Pharmaceuticals, Real Estate, Travel & Tourism and Investments. [citation needed] The destination hosts community art fairs and markets, sports tournaments and races. Almarri also serves as a member of the Supreme Committee of the Expo 2020 and board member at the Dubai Chamber of Commerce and Industry, Emaar Malls PJSC and Taaleem PJSC. Edward founded the legal function of the Meraas Group where he was the Chief Legal Officer and also the General Legal Advisor at the Engineering Office, a post he held from 2008. [citation needed] The latter include the Valiant Clinic in City Walk. Copyright DXB Entertainments. Regardless of the terminology, the board of directors is a group of individuals either elected or appointed to provide organizational leadership and oversight. Prior to joining Dubai Holding, he was the Director of Human Resources at the Ministry of Education. In addition, he holds memberships to several important organisations. In his earlier career, Nasser served in key roles at TECOM Investments, Tamweel LLC, EPPCO and Dubai Municipality. According to forecasts, the total contribution of travel and tourism to the UAEs GDP is projected to grow annually by 3.1 per cent and reach AED167.4 billion by 2024. 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 Over the years he has developed world-class mixed used projects, including his retail businesses, across 20+ markets of Middle East, North & Sub Saharan Africa, Central & Eastern Europe and South & South East Asia and US. He is responsible for developing the centres strategic and development plans to position Dubai as a leading global MICE-destination. Eman has been a board member of Emirates Institute for Banking and Financial Studies (EIBFS) where she played a key role in encouraging and supporting the youth of the UAE to pursue careers in banking and finance. Executive Director, UAE Strategic Clusters Unit of UAE Investments Platform, Mubadala Investment Company, Head of Investments and New Initiatives, UAE Investments Platform, Mubadala. In 2006 Bin Thaniah was appointed a Vice-Chairman and GCEO of Ports & Freezone world, including DP World, Freezone world and P&O Ferries, until his retirement in January 2017. He has been appointed as Assistant Managing Director. Edward has more than 21 years of experience in legal practice and strategy in the areas of construction, engineering, utilities, infrastructure, real estate development, corporate, commercial, capital markets, banking and finance, cross border transactions and arbitration. With over 20 years of experience, Fatma is a seasoned expert in her field, with a proven track record of delivering meaningful impact across leading private and semi-government companies in multiple industries. Mohamed Al Ramahi is the Chief Executive Officer of Masdar, a global clean energy powerhouse active in over 40 countries. The board typically meets at. He spent the first 10 years of his career in the United States, delivering technology change for clients such as Microsoft, AT&T and Hoffmann-La Roche. Board Of Directors - Emaar Properties PJSC March 24, 2023 Meraas launches Design Quarter at d3, offering first homes in the region's creative capital July 29, 2020 Discover contemporary 3D art murals, live pendulum paintings and more at City Walk July 18, 2020 China and UAE Set to Step up Trade, People-to-People Synergies in the Transition to a Digital Economy June 15, 2020 Since joining the Group in 2017, Omar has successfully concluded several major transactions, including the initial public offerings of TECOM Group and Empower, the formation of a joint venture with Brookfield Asset Management in relation to certain key retail assets across Dubai, the sale of Dubai Holdings stake in Dubai Creek Harbour to Emaar Properties, the formation of a joint venture with Aldar Properties and the 100% take-private of DXB Entertainments and its integration into the Group. PDF DXB Entertainments PJSC Board of Directors Recommends to Shareholders An elegant neighbourhood amidst nature's bounty. become the Middle East's first yachting community hub and the largest marina in the Middle East and North Africa, comprising a total of 1,100 berths. M Ahmed serves as Mubadalas Chief Strategy & Risk Officer, where he is responsible for the companys Corporate Strategy, ESG, and Enterprise Risk Management framework. Mr. Alabbar sits on the board of Noor Investment Group, an affiliate of Dubai Group, the leading diversified financial company of Dubai Holding. As Chairman, President & Chief Executive Officer of Starling Holding Limited, Mr Jawa has continually set business and entrepreneurial excellence standards. Board of Directors - Enghouse Systems Mr. Alabbar heads Emaars joint venture with Giorgio Armani to set up the Armani-branded luxury hotel and resort chain in key international destinations. Osama Abdullah Khaled Al-Ayoub - Biography - MarketScreener.com Jassim, an out-of-the-box thinker and innovator, keeps himself updated by investing his time in books, current global affairs, and the market economy. If you would like information on the Offer please read the following notice carefully; it applies to all persons who view this part of the website and its links and, depending on who you are and where you live, it may affect your rights. The ultimate authority of the Joint Stock Company, lies with the board of directors. Boris oversees the technology functions of the Group across a diverse range of industries including hospitality, retail, media, leisure, and entertainment. Mr. van den Broek currently serves as managing partner of HSMR Advisors, LLC, a position he has held since February 2004, and as a director of PhaseBio Pharmaceuticals, Inc. since February 2019. Prabhu is the Vice Chair, Chief Financial Officer of Visa Inc. Before joining Dubai Holding, Fatma worked at JAFZA and Gerab National Enterprise, where she headed Recruitment, Talent Development and Redeployment Department, as well as the Human Resources and Administration Department, respectively. She is the Vice Chair of the Private Sector Advisory Council and a member of Dubai International Communications Committee, which operates under the umbrella of the Government of Dubai Media Office. Launched under the directive of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai Parks and Resorts has been designed as a mega leisure and entertainment destination to serve the regions that are within an eight hour flying distance from Dubai. 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. [26], In February 2015 Meraas launched Boxpark,[27] a destination spanning across 1.2-kilometres located on Al Wasl road. First handover to residents was announced in February 2018. The development will also feature Riverpark a grand entrance plaza and Lapita, a family themed hotel. Meraas Holding is a Dubai-based development company with operations and assets in the UAE and overseas. Meraas Hospitality properties include La Ville Hotel & Suites, Caesars Palace Bluewaters Dubai, Caesars Resort Bluewaters Dubai, Zabeel House, Zabeel House MINI and Al Seef Hotel. Learn More Badr Salim Al Olama in Mathematics, Operational Research, Statistics and Economics from the University of Warwick. Over the course of his tenure, Amit has spearheaded several transformational initiatives that have propelled Dubai's strategic sectors in line with its economic diversification agenda.
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