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Emaar’s Alabbar Named Managing Director in Line With Rules Bloomberg 12/13/2020 Abbas Al Lawati and Zainab Fattah © Bloomberg The logo of Emaar Properties PJSC sits on display on the top of a building near the Burj Khalifa skyscraper in Dubai, United Arab Emirates, on Monday, Oct. 12, 2020. Dubai real estate stocks were once the stars for investors betting on the city’s booming economy. But their fall from grace has been spectacular and seems set to continue, given an abundance of unsold homes and scant prospects for a recovery in the oil-rich region. (Bloomberg) Mohamed Alabbar, founder of Dubai’s largest developer Emaar Properties PJSC, is stepping down as chairman to comply with regulatory requirements and will continue running the government-backed company as its new managing director.

United arab emiratesBloomberg mohamed alabbarAmit jainBurj khalifaRashid al maktoumAhmed jawaEmaar propertiesBloomberg theBin theniyahSheikh mohammedAdds emaarஒன்றுபட்டது அரபு அமீரகங்கள்அமித் ஜெயின்புர்ஜ் கலீஃபரஷித் அல் மெக்டூம்ப்ளூம்பெர்க் தி