Al Maabar International announces new CEO

Mr. Hageali will assume responsibility of Al Maabar as CEO. He will report to Mr. Yousif Al Nowais, Al Maabar's Managing Director and board member.

Prior to joining Al Maabar, Mr. Hageali was the Group CEO of Tameer Holding Investment. Having worked within the real estate sector in the USA, Lebanon and the UAE, he brings with him more than 23 years experience.

Commenting on his new role Mr. Hageali said:

"This is an exciting time for Al Maabar and I look forward to the challenge ahead. It is our mission to become the UAE's most distinguished international real estate development company. We are extremely fortunate in that we are backed by Abu Dhabi's leading developers - Aldar Properties, Sorouh, Reem Investments, Al Qudra Holdings and Reem International."

"We are on our way to establishing ourselves as an influential force in international real estate. Adding real value to the countries we invest in through job creation and talent development, knowledge transfer, economic stimulus and foreign exchange gains," he concluded.

Al Maabar's vision is to be recognised as one of the leading UAE-based companies investing in real estate developments outside the UAE. The company boasts a portfolio of mix-use development projects in countries such as Morocco Libya and Jordan, which will lead to the creation of thousands of new job opportunities in these countries. It has also just recently revealed exciting plans for projects in Iraq and Qatar.