Dubai developer Nakheel appoints new CEO

SourceGulf Business
SectorReal Estate

Dubai-based developer Nakheel has appointed Naaman Atallah as its chief executive officer. Atallah, who was most recently working as the CEO of Piramal Realty in India, also previously served as the CEO of Dubai Properties.

He was also a former COO at Qatari Diar and was earlier the COO of Emaar Properties. The new CEO replaces Sanjay Manchanda stepped down from his position on March 1, 2020 to pursue new opportunities. Read: Dubai developer Nakheel cuts salaries by up to 50%, CEO steps down The developer also appointed Mohammed Ibrahim Al-Shaibani as its new chairman in January to replace Ali Rashid Lootah, who resigned after roughly 10 years in the role. Read: Dubai developer Nakheel appoints new chairman Nakheel’s developments across Dubai span 15,000 hectares, and include projects such as Palm Jumeirah, The World, Jumeirah Islands, Jumeirah Park, Jumeirah Village, Al Furjan, The Gardens, Discovery Gardens, Jebel Ali Village, Dragon City, International City and the upcoming Deira Islands. Its retail arm includes The Pointe – which recently inaugurated the world’s largest fountain, as well as Nakheel Mall, Ibn Battuta Mall and Dragon Mart. Upcoming projects include Souk Warsan, Al Khail Avenue and The Circle Mall. Nakheel Hospitality’s project portfolio comprises Premier Inn Ibn Battuta Mall, Avani Ibn more...