Dubai World creates senior posts in restructuring

Dubai World, a Gulf Arab government holding company, said on Friday it had created two senior posts as part of efforts to streamline operations during the financial crisis.

A statement said Jamal Majid Bin Thaniah had been appointed as group chief executive officer and Maryam Sharaf as group chief operating officer at the holding company of the government of Dubai, an emirate of the United Arab Emirates.

It said Bin Thaniah, current executive vice chairman of Dubai Ports World and group CEO of Ports and Free Zone World, would help oversee restructuring measures and take charge of managing the holding company's business.