Deyaar chairman resigns
Last month, Nasser Al Shaikh was …
June 22, 2009 12:00 by Aarti Nagraj
Dubai-based property developer Deyaar has announced that Nasser Al Shaikh, the chairman of the company, has resigned. In a statement, Deyaar said that the company’s board will meet shortly to approve his resignation. The company has not given any reason for the decision, nor announced his replacement.
Al Shaikh was also replaced as the director general of Dubai’s finance department last month, where he was overseeing the emirate’s $20 billion bond program.