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Mr. Joyce will work closely with Khaled Al Huraimel, COO of Dubai Waterfront Company and together they will spearhead the day-to-day operations of the organization and develop the long term strategy.
Announcing the appointment of Mr. Joyce, Sultan Ahmed Bin Sulayem, Executive Chairman, Nakheel, said:
"It gives me great pleasure to announce the appointment of Mr. Matt Joyce as the Managing Director of our company. Mr. Joyce has played a leading role in every facet of our industry and has an intimate knowledge and understanding of our sector and the competitive landscape in which we operate."
He added: "Mr. Joyce who along with Mr. Huraimel will be entrusted with the responsibility to develop an efficient corporate, operational and delivery structure for both Dubai Waterfront and the new projects which will be additions to Dubai Waterfront. The new structure will include job descriptions, performance criteria and all the necessary policies and procedures. We are confident that his expertise will help us achieve our objectives, in close coordination with our strong board and management team. I welcome Mr. Joyce on board and wish him all the success."
Reacting to his appointment, Mr. Joyce said: "I am honored to have the confidence and support of the Board of the Dubai Waterfront Company. Our strategy is to leverage our dynamic and diversified business model. The projects are set to become a benchmark for integrated development and offers unmatched infrastructure and I am proud to be part of the projects. I am gratified to have the opportunity to serve Dubai Waterfront Company in this expanded role and to further build on its operational excellence along with Mr Huraimel."
Adjoining the Palm Jebel Ali, Dubai Waterfront is set to create a quality of sophisticated lifestyle unmatched in the world -- a new city for Dubai which is set to become a landmark destination which will be the focus of the world's attention.
The Dubai Waterfront downtown - Madinat Al Arab -- will comprise multipurpose commercial, residential, resort and amenity zones and will be anchored by Al Burj, one of the world's tallest towers and a symbol of the ambition of the city.
Anne-Birte Stensgaard, Senior News Editor
