View Liang Qian's business profile as Director, Investment Office (China) at Meraas. April 30, 2023. With over 20 years of experience, Fatma is a seasoned expert in her field, with a proven track record of delivering meaningful impact across leading private and semi-government companies in multiple industries. When complete, the development will[speculation?] Mohamed Al Ramahi is the Chief Executive Officer of Masdar, a global clean energy powerhouse active in over 40 countries. FYE 2020 Financial Results Communication Materials, Q3 2020 Financial Results Communication Materials, H1 2020 Financial Results Communication Materials, DXB Entertainments PJSC Announces Financial Results for the First Nine Months of 2020, DXB Entertainments PJSC Announces First Half 2020 Financial Results, DXB Entertainments PJSC Announces Q4 2019 adjusted EBITDA of AED 2 million, DXB Entertainments PJSC Announces Financial Results for the First Nine Months of 2019, Dubai Parks and Resorts reports visitation for the first nine months of the year, DXB Entertainments PJSC Announces First Half 2019 Financial Results, Dubai Parks and Resorts reports visitation for H1 2019, DXB Entertainments PJSC Announces Financial Results for the first 3 months of 2019, Dubai Parks and Resorts reports visitation for Q1 2019, DXB Entertainments PJSC Announces 2018 Full Year Audited Financials and Results of Strategic Review. He is a Chartered Arbitrator and fellow of the Chartered Institute of Arbitrators; he is on the panel of some of the leading arbitration centres including the London Court of International Arbitration (LCIA), the LCIA DIFC Arbitration Centre, the Dubai International Arbitration Centre and the Singapore International Arbitration Centre. He also has a Bachelor of Laws with Honours from the University of Technology in Sydney, Australia, and is admitted as a barrister of the High Court of Australia, a solicitor in NSW and an admitted legal practitioner of the DIFC Courts in Dubai. The board is also tasked with a number of other responsibilities, including the following: Creating dividend policies. [citation needed], Meraas also has a retail division, food and beverage division, and a healthcare division. Copyright DXB Entertainments. Dubai Parks and Resorts has been designed as the first of its kind entertainment destination that simultaneously opens the gates of three theme parks. Since 2012, Mr Ben Thaniah has sat as an independent member on the board of Directors of Emaar Dubai and has previously served as a board member in different entities. He is a qualified US Certified Fraud Examiner (CFE) and has a Qualification in Internal Audit Leadership (QIAL) from IIA Global. Board Directors And C-Suite Executives Need An AI Digital - Forbes The company has established itself as a key innovator in UAE and follows a clear mandate to strengthen Dubais global position. Please read our privacy and cookie policy. Mostly, the directors are elected by the shareholders and they in turn elect the Managing Director. Since the announcement of the planned investment of AE D10 billion in 2012, Meraas Holding has made substantial progress towards finalizing key components and partnerships with global movie studios, construction partners and world class theme park operators for the delivery of Dubai Parks and Resorts. by Keith McCalmont. Al Matrooshi is the Chairman of Emrill Services LLC; Vice-Chairman of Emaar Malls PJSC, member of the Consultation Committee for the Dubai Supreme Council of Energy, a member of the Committee at UAE Council of UAE companies invested abroad. Chairman of The UAE SME Council 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. 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). Being trusted by and consistently honoring our promises goes hand in hand with our desire to create spectacular spaces. He is also on the board of Coast Investment & Development Co. KSCC (former Chairman). Emaar Development PJSC Integrated Annual Report 2022 He previously served on the boards of directors of Pharmacyclics, Inc . Chairman of the National Committee for the Follow-up Program of Investment Climate Offer by Meraas to acquire DXB Entertainments He is also the Chief Executive Officer of API Hotels and Resorts and works with Accor and IHG. 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. in Industrial Engineering & Management Systems from Arizona State University USA. M Ahmed serves as Mubadalas Chief Strategy & Risk Officer, where he is responsible for the companys Corporate Strategy, ESG, and Enterprise Risk Management framework. Chairman of the Board of Directors of the Securities and Commodities Authority When her role at HSBC expanded to include Chief of Staff and Strategy and Planning, she was a trusted advisor to the Chief Executive Officer, MENAT, leading on the delivery of several strategic programs with a focus on growth acceleration to deliver increased business and revenue growth. In 2006, Jassim finished his Bachelors in Business Administration from the American University of Sharjah (AUS). [33], Launched in September 2016, The Outlet Village is an indoor retail destination. When the Sherry-Netherland apartment hotel debuted on New York's Fifth Avenue in 1927, it had the distinction of being the world's first "branded" residence, in this case . Meraas is part of the Holding Companies & Conglomerates industry, and located in United Arab Emirates. Edward holds a Bachelor of Arts Degree in Political Science with Honours and Industrial Relations from the University of New South Wales in Australia. She also holds a Directorship Certification from Hawkamah Institute for Corporate Governance in the UAE, in addition to a Masters in Business Administration from the University of Dubai. file size: 3 MB. Such forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and on numerous assumptions regarding the business strategies and the environment in which DXBE operates in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. 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. Sheikh Ahmed bin Saeed Al Maktoum serves as the Group Chairman of Meraas. The Bold Ruler co-headlines a stacked card . This website contains information on the Offer. PDF Board of Directors Tables Four-Class Proposal In addition, she was formerly a board member and chairperson of the nomination and remuneration committee of Amlak Finance. In 2006 Bin Thaniah was appointed a Vice-Chairman and GCEO of Ports & Freezone world, including DP World, Freezone world and P&O Ferries, until his retirement in January 2017. Board of Directors | Meaning & Examples | InvestingAnswers EMAAR PROPERTIES BOARD MEMBERS | Emaar Properties PJSC Creativity is the corner stone of our design philosophy, and we strive to have this valuable characteristic reflect in our communities. Board of Directors Recommends to Shareholders to Accept . Language links are at the top of the page across from the title. This division manages Dubai Parks and Resorts, Rove Hotels, Dubai Hills Estate, Dubai Water Canal, Caesars Bluewaters Dubai and Dubai Cruise Terminal. [13] Other projects include The Green Planet in City Walk,[14] a destination that recreates a tropical forest, Hub Zero in City Walk, an indoor entertainment centre comprising rides and virtual reality experiences,[15] Hawa Hawa in La Mer, an inflatable playground,[16] and Ain Dubai in Bluewaters, the world's tallest observation wheel. Sultan bin Saeed AlMansoori Minister of Economy Since joining Dubai Holding in 2006, Huda has successfully launched several strategic and award-winning projects across Dubai Holding and its companies that operate within different key sectors, including real estate, hospitality, retail and entertainment. How Branded Residences Are Giving Real Estate Street Cred - Robb Report Creating options policies. 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. From the conception of a grand idea, to selecting the finest materials, to delivering world-class communities wouldnt hold the same value if our patrons didnt believe in our commitment to serve them to the best of our abilities. Osama Abdullah Khaled Al-Ayoub - Biography - MarketScreener.com Fatma Hussain is the Chief People Officer, leading the Groups efforts to foster a people-driven culture that empowers Dubai Holding employees. Mr Jamal Bin Thaniah, born in 1958, holds a bachelors degree in Public management. The division assesses business opportunities and engages partners that add value to the firm's portfolio. 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. Prior to his current role at Dubai Holding, Aldrin was with Jumeirah Group as Chief Internal Audit Officer as well as at PricewaterhouseCoopers working in Australia, Papua New Guinea and the UAE. 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. Mr Bin Thaniah is a regular speaker in the international ports and maritime . Learn more about the leaders behind this inspiring vision, and the expertise they bring to our network. Aldrin Sequeira is the Chief Internal Audit Officer responsible for overseeing the Groups Internal audit and risk management functions and providing independent and objective assurance on its financial and operational activities. Our dedication to quality and excellence ensures long-term value creation. Delta Board of Directors names Vasant Prabhu as newest member Globally connected, Eman also worked in close partnership with Senior Management in the HSBC Group to manage M&A transactions in the region and successfully drive growth across the region, enhanced by her ability to build strong external stakeholder, customer, and regulatory body relationships. He also lectured for the Chartered Institute of Arbitrators. 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. Meraas - Wikipedia Chairman, President & CEO, Starling Holding Limited [citation needed], The company is also responsible for implementing Hala China, a joint initiative by Meraas and Dubai Holding[43] which is aligned with Dubai's Tourism Vision 2020 and aimed at enhancing economic and cultural exchange to drive investment cooperation between Dubai and China. 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. 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. What is a board of directors? - The Corporate Governance Institute He is a former member of the Board of Emaar, The Economic City and its Nomination & Remuneration Committee. Vice President of Dubai Islamic Bank during the period of 1999-2008 All rights reserved. [44], Meraas become part of Dubai Holding following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.[45]. The first phase is scheduled for completion in 2016. This interest to use our vast experience of developing communities, having a worldly vision and applying different aesthetics, makes our portfolio the epitome of sophistication. Amit has vast experience in financial services, having spent more than a decade in the earlier years of his career with leading investment banks in London and Dubai, where he worked for Goldman Sachs, UBS and Deutsche Bank across transaction advisory, structuring and capital markets disciplines. He brings a wealth of global experience from the United States, Southeast Asia, Europe, and the Middle East, and a 30-year track record of delivering major technology change and operational excellence. Before joining Emaar in November 2005, Al Matrooshi held the position of Chief Executive Officer at the government-run Dubai Development Board (DDB) for almost a decade. Board of Directors - Overview, Functions & Different Structures Board Of Directors. Holder of a Bachelors Degree in Political Science from the University of Denver, Colorado, USA, Sheikh Ahmed has received many international honours, including the fellowship of the British Royal Aeronautical Society, Commandeur de lOrdre de la Legion dHonneur (the Legion of Honour) the highest French civilian award, and the Verfassungsportugaleser, one of Germanys highest honours. 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. Senior Airport Coordinator, then Vice President Operations at Dubai Civil Aviation Authority during the period of 1988 1991 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. [citation needed], In December 2013, Meraas launched City Walk,[28] an open-air lifestyle destination, spanning an area of more than 10 million square feet. Mr. Alabbar heads Emaars joint venture with Giorgio Armani to set up the Armani-branded luxury hotel and resort chain in key international destinations. Browse our latest news and announcements in our media center. GULF CABLE AND ELECTRICAL INDUSTRIES COMPANY - KPSC. DXBE SHAREHOLDERS ARE STRONGLY ADVISED TO READ THE OFFER DOCUMENT, THE ACCEPTANCE FORM AND THE CIRCULAR OPINION BECAUSE THEY CONTAIN IMPORTANT INFORMATION. [1], Since its founding in 2007,[2] the Dubai-based conglomerate has launched several projects in multiple sectors including real estate, retail, hospitality, food and beverage, leisure and entertainment and healthcare. He is the Chairman of Zand, one of the worlds first combined digital corporate and retail bank to launch from the UAE. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may occur in the future. I have read and understood the terms set out above. Hiring and firing of senior executives (especially the CEO) Establishing compensation for executives. Board of Directors meeting | Investor Relations Our Leadership | Dubai Holding During his earlier career, he worked with KPMG in Australia as part of their corporate finance practice. A keen sportsman, Mr Alabbar is an active member of the UAEs endurance horse racing community. Revlon is expected to emerge from bankruptcy with $2.7 billion less debt. 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. Mubadala Health 2023. Chairman of the Federal Civil Aviation Authority During construction, the structure was described as the "largest Ferris wheel in the world".[10][speculation? On 9 February 2021, Meraas Leisure and Entertainment LLC ("Meraas") launched its offer ("Offer") to acquire 100% of the issued and paid-up ordinary share capital of DXB Entertainments PJSC ("DXBE"). [8], In 2021, Meraas unveiled Ain Dubai. Mr. Sadler is one of the most respected technology executives in Canada, and is widely known as the former Vice-Chairman and CEO of Geac Computer Corporation. Mr. van den Broek currently serves as managing partner of HSMR Advisors, LLC, a position he has held since February 2004, and as a director of PhaseBio Pharmaceuticals, Inc. since February 2019. COAST INVESTMENT & DEVELOPMENT COMPANY K.S.C.P. Accepted file types: jpg, jpeg, png, pdf, Max. Board of Directors | Roles | Duties & Responsibilities Under Amits leadership, Dubai Holding has achieved sustainable economic growth and accomplished unparalleled results, further cementing Dubai Holdings position as one of the UAEs largest and most diverse investment conglomerates. Meraas | A Dubai Based Master Developer Nad Al Sheba Gardens Phase 3 A neighbourhood designed to flow around you Learn More Design Quarter at d3 Live it Creative Learn more Jomana at Madinat Jumeirah Living Discover the urban edition Learn More Erin in Central Park at City Walk Reimagine the urban jungle Learn more Bluewaters Bay Meraas Holding is a Dubai-based development company with operations and assets in the UAE and overseas. Creative lifestyle space where you can live, work and play, Explore our spectacular residential portfolio, Explore dinning, shopping, beach experiences and more, Explore our properties in a new immersive way, Copyright 2023 Meraas By Dubai Holding Real Estate. . [34], The enterprise division is responsible for the management of shareholders investments, joint ventures and commercial partnerships. On 9 February 2021, Meraas Leisure and Entertainment LLC (Meraas) launched its offer (Offer) to acquire 100% of the issued and paid-up ordinary share capital of DXB Entertainments PJSC (DXBE). Ranked second in the list of the Worlds 100 Most Powerful Arabs Leaders 2014 by Arabian Business, the leading regional business magazine, Mr. Alabbar is well-known for his pioneering role in positioning Dubai as a world-class city. She was also previously a board member of the HSBC Middle East Finance Company. Abdulla Abdul Aziz AlShamsi is the Head of Investments and New Initiatives within UAE Strategic Clusters unit of Mubadala Investment Companys UAE Investments Platform. Mr Jawa was previously Chairman of Disney Jawa Enterprises, which introduced a range of Walt Disney licenced products to the Middle East region. Centrally located between the three theme parks, River park will serve as an entrance plaza district featuring an array of retail, dining and entertainment options. Meraas is a privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. His role entails enhancing Dubais positioning as the preferred international hub for the global business community to network from, establish and expand their presence in, and service the broad range of markets across EMEASA. Given the wide variety of influences present in our communities, it is quite clear that we draw heavily on iconic locations and architectural styles. In 1999, one of the first initiatives of Mr Thaniah and DPA chairman in the international port operation market encompassing Beirut, Djibouti and Jeddah led to the creation of Dubai Ports International (DPI).