Currently working as Executive Director - Governance, Risk & Compliance at Dubai Properties Group a subsidiary of Dubai Holdings. Sultan bin Saeed AlMansoori Minister of Economy Meraas has also forged collaborative relationships with key partners who will add value to its offering. |. Sc.) The World Travel and Tourism Council Economic Impact 2014 report reveals the total contribution of travel and tourism to the UAEs Gross Domestic Product (GDP) in 2013 was AED117.4 billion, equivalent to 8.4 percent of GDP. In 2006, Jassim finished his Bachelors in Business Administration from the American University of Sharjah (AUS). We are confident our efforts will contribute to achieving the Dubai Tourism Vision 2020 and become the, pride of our nation. [8], In 2021, Meraas unveiled Ain Dubai. Eng. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. He also has a Diploma in Computer System Analysis from the Institute of Computer Technology, Los Angeles, California USA. 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. 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. Previously, Huda worked with Citibank UAE as Assistant Vice President Marketing and Business Development. Badr Al-Olama is the Executive Director of the UAE Strategic Clusters unit within Mubadalas UAE Investments platform which has been formed to accelerate the UAEs economic transformation by investing in national champions, fostering vibrant industrial and commercial clusters, and partnering with world-class global organizations. 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. GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC. Meraas - Wikipedia In addition to his position as Minister of Economy, His Excellency Sultan holds the positions below : Learn More Badr Salim Al Olama Prior to joining Dubai Holding, he was the Director of Human Resources at the Ministry of Education. Board of Directors - Overview, Functions & Different Structures Edward holds a Bachelor of Arts Degree in Political Science with Honours and Industrial Relations from the University of New South Wales in Australia. He spearheads the growth strategy of Emaar, which has a presence in over 18 countries, with a focus on developing prime real estate, shopping mall and hospitality and leisure assets. He brings great expertise with his 25 years of experience and several board memberships. Group Managing Director of Saeed & Mohamed Al Naboodah Group during the period of 1998 2004 These currently include Azadea, Certares Holdings, Dream Holdings (Aerofarms), Dubai Harbour Cruise Terminal, Dubai Hills Estate group, Merex Investment Group and TECOM Group. Khalid holds a bachelors degree from the University of Arizona, USA, with a double major in Management Information Systems and Production and Operations Management. 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. His mandate also includes a strategic focus on driving sustainable tourism contributing to the economic development of the emirate of Dubai and ensuring that tourism as a sector with all related adjacencies is effectively growing their contribution to Dubais GDP. In the past, Khalid has held a number of key positions within the Dubai government and private sector, including Director of Operations at the Dubai Development and Investment Authority, CEO of Dubai Industrial City and CEO of Tatweer. Member of the National Committee on Population Composition Meraas Holding is a Dubai-based real estate company with operations and assets in the UAE and overseas. Board of Directors | CMA Copyright 2015 - 2023 Dubai Holding, All rights reserved. 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. Welcome to the website dedicated to providing information on the conditional cash offer received from Meraas Leisure and Entertainment LLC (Meraas) to acquire 100% of the issued and paid-up ordinary share capital of DXB Entertainments PJSC (DXBE) (the Offer). In 2001 he was appointed as a Managing Director to masterplan the development of Jebel Ali as one of the biggest terminals in the world, increasing its capacity from 20 million TEUs at that time to 50 million TEUs. Chief Executive Officer, UAE Investments. 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). offer residents views of the park as well as of Dubai's skyline. The initiative seeks to attract Chinese visitors and investors to Dubai. This division manages Dubai Parks and Resorts, Rove Hotels, Dubai Hills Estate, Dubai Water Canal, Caesars Bluewaters Dubai and Dubai Cruise Terminal. In addition, he has been the Group Chief Information Officer of Deutsche Bahn International based in London and Frankfurt, and before that he led the technology function for DHL in the Asia Pacific region based in Singapore. Nasser has been with the Group for more than 13 years and is a member of Dubai Holdings Executive Management Committee (EMC). Being trusted by and consistently honoring our promises goes hand in hand with our desire to create spectacular spaces. 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. Please note that the terms set out below may be altered or updated at any time; you should read it in full each time you visit this part of the website. The company also owns a number of real estate plots in Dubai, including Jebel Ali Hills,[24] Jebel Ali Industrial Development, Jumeira Bay, La Mer, Nad Al Sheba Gardens, Al Mamzar Front, Al Satwa, Al Warsan First Redevelopment and Al Warsan Industrial Plot. Chairman of the National Committee for the Follow-up Program of Investment Climate He is a true visionary for tenants residing in his properties, aiming to deliver a change from the traditional way of living to a unique experience by introducing technology and new ways of making life as a tenant better. Please visit the privacy policy to understand how Emaar handles your personal data. Copyright DXB Entertainments. Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. 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. Expertise lies in governance, risk advisory, corporate. Edward holds the position of Chief Legal Officer. The phrase "board of directors" often is used interchangeably with terms such as " board of trustees ," "board of governors," or simply "the board.". He previously served on the boards of directors of Pharmacyclics, Inc . Board of Directors - Enghouse Systems Copyright 2023 Surperformance. Creating options policies. [citation needed], Bluewaters Residences is a collection of one to four-bedroom apartments, penthouses and townhouses located on the man-made island of Bluewaters. He is a board member of Eagle Hills, an Abu Dhabi-based investment and real estate development company that funds and develops large-scale projects in high-growth international markets. 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. Fatma Hussain is the Chief People Officer, leading the Groups efforts to foster a people-driven culture that empowers Dubai Holding employees. An inside director is a board member and executive or manager at a company. I understand that it may affect my rights. Consisting of elected individuals who serve as advisors to a corporation, a board of directors acts as a proxy (representative or substitute) for shareholders. Amit Kaushal is the Group Chief Executive Officer of Dubai Holding, leading the organisations operations in over 13 countries and across a diverse range of sectors, including real estate, hospitality, retail, media, leisure and entertainment. The company has established itself as a key innovator in UAE and follows a clear mandate to strengthen Dubais global position. 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. An inside director operates with the interest of shareholders, employees and officers in mind. 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. Member of the Committee of Finance and Economy Such forward-looking statements should therefore be construed in the light of such factors. Maitha Salem Mohammed Belobaida Alsuwaidi's Group 3-winning sprinter Meraas could be speed of speed in Saturday's Grade 3, $200,000 Bold Ruler, a six-furlong sprint for 3-year-olds and upward, at the Belmont at the Big A fall meet. What is a board of directors? - The Corporate Governance Institute Managing Director at Dubai . 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. [34], The enterprise division is responsible for the management of shareholders investments, joint ventures and commercial partnerships. Mr Jawa holds a Masters in Business Administration (MBA) and a Bachelor of Science in Business Administration from the University of San Francisco. 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. in Mathematics, Operational Research, Statistics and Economics from the University of Warwick. In Sep 2017, Mr Bin Thaniah was elected as a nonexecutive board member of Emaar the Economic City. and features 132 keys including 117 rooms and suites, 15 villas and 63 private residences. Mr Jawas expertise and entrepreneurial skills have made him a trusted advisor for global companies that operate in the Middle East. He is also responsible for the companys international real estate investments in places such as Malta and Kochi as well as managing its strategic relations with local and international investors, and its government affairs. The project will feature leading intellectual properties from elite industry players to create leisure and entertainment concepts that are expected to draw more than five million residents and tourists annually. He is also the Chief Executive Officer of API Hotels and Resorts and works with Accor and IHG. Before this move, Al Matrooshi was Deputy Director of the Dubai Chamber of Commerce & Industry for 14 years. He is a member of the Executive Council of Dubai, a member of the Board of Directors of the Investment Corporation of Dubai, and the Director-General of the Dubai World Trade Centre Authority (DWTCA). A graduate in Finance and Business Administration from the Seattle University in the US, also holds an Honorary Doctorate from Seattle University, an Honorary Doctorate from London School of Economics and Political Science and an Honorary Doctorate from Sun Moon University in South Korea. A board of directors (B of D) is the governing body of a company, elected by shareholders in the case of public companies to set strategy and oversee management. Sheikh Ahmed has been a highly successful corporate leader since 1985, when he was appointed President of the Dubai Department of Civil Aviation and Chairman of the newly-launched Emirates Airline. Mr Jawas impeccable corporate expertise in oil and gas, healthcare, hospitality, home entertainment, and real estate development helped grow Starling Holding into a global investment leader, with business interests in the Middle East, Europe, USA, North Africa, and South Asia. Ground work commenced on site in February 2014, Raed Al Nuami has been appointed CEO of Dubai Parks and Resorts Limited, the newly formed Meraas subsidiary. These events and circumstances include changes in the global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax rates and/or regimes and future business combinations or disposals. 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. View Liang Qian's business profile as Director, Investment Office (China) at Meraas. If you are not resident in the United States or such other relevant country, you may access the documents on this site, but you are responsible for first satisfying yourself as to the full observance of the laws and regulatory requirements of your jurisdiction, including the obtaining of governmental or other consents which may be required or observing any other formalities of such jurisdiction. Board of Directors. The members of a non-profit board focus on the organisation's high-level strategy, oversight, and accountability. [citation needed], In 2019 Meraas launched its latest destination, Dubai Harbour. Live Nation Adds Rich Paul to Board of Directors surround a 40,000 square metre private park in the heart of Dubai. Prior to joining Dubai Holding in 2018, he was the Group Chief Financial Officer at Nakheel PJSC from 2011, leading the Groups overall financial management with an active role in the successful implementation of the highly complex financial restructuring and the execution of a revised business plan that placed Nakheel on a new path to growth. Board of Directors meeting | Investor Relations Revlon Taps New Directors as Lenders Take Control in Bankruptcy With over 24 years of financial management experience including corporate finance, restructuring, funding, financial and management accounting, corporate governance and management consulting, Sharjil has a proven track record in this role to oversee the overall financial functions of the Group. As Chairman, President & Chief Executive Officer of Starling Holding Limited, Mr Jawa has continually set business and entrepreneurial excellence standards. In a non-profit organisation, a board of directors is the governing body. 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 | Pulse Biosciences Inc. To facilitate delivery, he is equally responsible for forging collaborations and partnerships across the industry ecosystem globally and Dubai government, private and public sector stakeholders. [citation needed] Handover to first residents started in February 2019. Prabhu is the Vice Chair, Chief Financial Officer of Visa Inc. 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. Due to legal restrictions, viewing this information is not allowed if you are resident in the United States or any other country that renders the accessing of such documents and information unlawful, whether or not subject to making certain notifications or taking of other action. 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. [44], Meraas become part of Dubai Holding following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.[45]. The first phase of Dubai Parks and Resorts will comprise three theme parks: motiongate Dubai, Bollywood Parks Dubai, and LEGOLAND Dubai. Sharjil is a Certified Public Accountant (CPA), Chartered Global Management Accountant (CGMA) and holds a Bachelors Degree in Accountancy from Arizona State University in the United States. A public joint-stock company listed on the Saudi Stock Exchange (Tadawul), Emaar, The Economic City is undertaking the modernisation and execution of King Abdullah Economic City, the largest master planned community of its kind in the Middle East region. Being imaginative, always exploring new ideas to enhance lifestyles, and utilizing inventiveness to create something unique is what we pride ourselves on. Darsh Gallage is a Director, Operations at Meraas based in Dubai, Dubai. Here are three different types of board members: 1. We identify priorities for . Previously, Darsh was a Food and Beverage Director at Ferrari World Abu D habi and also held positions at Yas Waterworld, Address Hotels + Resorts, Shangri-La, Hilton. In 2008, following the global crisis, Bin Thaniah led the restructuring of Dubai World, a conglomerate in the real estate (Nakheel), private equity (Istithmar) and Dry dock world. She is an active board member across a number of respected organisations, including TECOM Group, Aramex, EII Capital and Memaar Building Systems, and is a former board member of Dubai Creek Harbour. A simple majority is necessary to act on any measure and all approved measures become effective immediately unless otherwise noted. This website contains information on the Offer. Chairman, President & CEO, Starling Holding Limited Revlon is expected to emerge from bankruptcy with $2.7 billion less debt. Coast Investment & Development Company K.S.C.P. Darsh Gallage - Director, Operations - Meraas | ZoomInfo Meraas Location Umm Suqeim Rd, Dubai, Dubai,United Arab Emirates Description Read More Discover more about Meraas [25], Bluewaters features residential, retail and hospitality zones bordered by walkways and a private beach. His Excellency Sultan Bin Saeed Al Mansoori has been appointed as Minister of Economy in the UAE, effective 17th of February, 2008. The park will use the latest-in-technology attractions and new-generation rides to offer a distinctly unique, high-value entertainment experience, Billed as the first theme park in the world dedicated solely to the Indian film industry, Bollywood Parks Dubai will provide a physical location for fans from across the globe to visit and celebrate the biggest names of Indian cinema and its very colorful canvas. The development will also feature Riverpark a grand entrance plaza and Lapita, a family themed hotel. 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Mr Bin Thaniah is a regular speaker in the international ports and maritime conferences and is amongst few who won 3 prestigious international awards: In 2006 he won Lloyds list personality of the year.
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