Abu Dhabi's Sorouh Elects New Chairman
Abu Dhabi's Sorouh Real Estate, which is in merger talks with Aldar Properties , on Sunday appointed Mubarak Matar al Humairi as its new chairman of the board.
March 18, 2012 12:31 by kippreport
Sorouh, the second largest developer in Abu Dhabi, elected the new chairman on Thursday at a board meeting, it said in a statement to the bourse.
Al Muhairi replaces Saeed Eid al Ghafli as chairman.
Abu Dhabi’s top two developers announced merger plans last week in a move blessed by the government. (Reporting by Stanley Carvalho; Editing by Dinesh Nair)