Damac Properties managing director Ziad El Chaar resigns | The National

Damac Properties managing director Ziad El Chaar resigns | The National:

"Damac Properties, the Dubai property developer, said that its managing director and executive board member Ziad El Chaar has resigned.

The company did not say when the resignation takes or took effect, nor did it name a replacement. It said, however, in a regulatory filing to the Dubai stock exchange that Ossama Abbas would assume the responsibilities of general sales.

"We regretfully announce the departure of Mr El Chaar but wish to thank him wholeheartedly for the outstanding efforts during his time with Damac and the many achievements he spearheaded during this period," said Hussain Sajwani, the chairman of Damac Properties."



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