Interview: Damas CEO On The Jeweller's Re-Rise In The UAE - Gulf Business:
"When Damas CEO Anan Fakhreddin last appeared in Gulf Business in 2011, it was under altogether different circumstances. His first year in the job had seen Damas mired in the biggest scandal to hit a UAE- listed company to date.
The family business’ three Abdullah brothers were convicted of withdrawing $167 million in unauthorised transactions by the Dubai Financial Standards Authority, its share price had plummeted, and it owed hundreds of millions to the banks.
Now some three years later and under new ownership, Fakhreddin appears much less tense, describing the firm’s transition from the crisis years as a beautiful journey."
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