Dubai ruler appoints Sheikh Ahmed as Meraas and Dubai Holding chief | ZAWYA MENA Edition:
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has appointed Sheikh Ahmed bin Saeed Al Maktoum to temporarily oversee Dubai Holding and Meraas replacing Abdulla Al Habbai, it was announced on Thursday. Sheikh Ahmed is the chairman of Dubai-based Emirates airline.
Dubai Government’s Media Office said in a press statement that “the move is part of a fresh strategy to explore new expansion prospects for both groups and identify further opportunities to maximise growth by leveraging their diverse assets and investment portfolios.”
Established in 2004, Dubai Holding develops and manages an extensive portfolio of companies focused on investments, financial services, real estate, specialised business parks, telecommunications and hospitality with operations across 10 countries, the statement said.
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