• HSBC

UAE nationals: The backbone of City Centre malls throughout the region

  • United Arab Emirates: Sunday, August 21 - 2005 at 16:25
  • PRESS RELEASE

MAF Investments continues to position UAE Nationals at the forefront of its retail properties throughout the Middle East and has promoted a number of Emiratis to management positions throughout City Centre shopping malls in the region.

The latest round of promotions sees Ali Al-Abdulla become General Manager - Asset Management in Egypt; Fuad Sharaf, previously the General Manager - Operations at Deira City Centre, has been promoted to General Manager of Sharjah City Centre; Fareed Abdul-Rahman is now the General Manager of Deira City Centre; and Fuad Al Najjar becomes General Manager of Ajman City Centre.

At the same time Yousuf Othman is moving from Ajman City Centre to Sharjah City Centre to take up the post of Deputy General Manager while Younis Al Mulla will take on the role as General Manager for Mall of the Emirates, scheduled to open at the end of September.

"As one of the leading UAE-based business groups in the region, we are always happy to promote UAE Nationals in various managerial positions, allowing them to lead the City Centre brand in the Middle East," commented Graham Dreverman, Group Vice President - Asset Management, MAF Investments. "They will in turn train other Nationals in the Management of a leading shopping mall".
Fuad Sharaf, previously the General Manager - Operations at Deira City Centre, has been promoted to General Manager of Sharjah City Centre 
Fuad Sharaf, previously the General Manager - Operations at Deira City Centre, has been promoted to General Manager of Sharjah City Centre
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About MAF Investments
A main subsidiary of MAF Holding, MAF Investments consists of a wide range of businesses which include both regional and community shopping centres, leisure and entertainment facilities, planned communities and MAF Hospitality, a joint venture between MAF Investments and MAF Trust. An ambitious growth and marketing strategy has enabled the company to build and maintain a leading position in shopping centres throughout the Middle East. Welcoming over 50 million customers a year, MAF Investments continues to seek new opportunities for expansion into countries across the region. Having set the standards that have since been followed by other developers in the UAE and throughout the Middle East, MAF Investments now plans a mall in Beirut and a third mall in Dubai.

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