Mohamed Alabbar has never been one to stand still and in just one week in July he proved this point once again. Emaar Malls appointed a new, digitally focussed CEO; Emaar Properties said it will sell hotels, clinics and schools as it looks to raise $1.4 billion in funds through the sale of non-core assets; Emaar Hospitality announced the reopening of the historic Al Alamein Hotel in Egypt after an $84m major facelift to make it among the finest resorts along the Mediterranean.
Nasser Rafi
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Dubai Shopping Malls
Emaar Malls announce new digital-focused CEO to take over in August
Current CEO Nasser Rafi has left to ‘take up new challenges’, with a new post within Emaar Group to be announced at a later date