Nakheel announces new department, appointments
Developer appoints Fawzi Al Shehi to head up newly created Nakheel Community Planning and Management, while Omar Khoory will be new MD for Nakheel Malls
Nakheel, the Dubai-based developer, has announced an organisational reshuffle, with a newly created department and new senior management appointments, as part of its plans to enter a new phase of growth.
The move comes as part of the developer’s efforts to enhance its services and deliver its growth strategy, the developer said in a statement.
It added that Fawzi Al Shehi has been appointed as the new managing director for Nakheel Community Planning and Management – a new department that will combine the developer’s existing community management and development control and its urban planning functions.
Al Shehi has worked with Nakheel since 2011 and has previous been the director of Development Control and Urban Planning. In the statement, the developer said that the new department brings together two functions that are a natural fit with one another.
As a result, there will be enhanced services and facilities for customers, investors and stakeholders, including the 270,000 people who live in Nakheel communities across Dubai, it said.
Also appointed was Omar Khoory as the new managing director for Nakheel Malls. He will be tasked with leading the strategy, operations, leasing and planning for the developer’s existing and future retail developments.
Khoory joined Nakheel in 2007, holding various retail roles including as director of Nakheel Malls, during which time he oversaw the delivery of Dragon Mart Two, the first phase expansion at Ibn Battuta Mall and Golden Mile Galleria on Palm Jumeirah.
“These changes reflect our continued growth and diversification, and underline our strategy to appoint young, talented UAE nationals – who continue to prove their commitment, drive and ability to deliver – into senior positions in which they can take a greater responsibility within our leadership team,” said Ali Rashid Lootah, chairman of Nakheel.
Nakheel, he added, was set to become the region’s biggest retail developer, through a $4.35 billion expansion that will bring its total retail space to more than 17 million sq ft.
The company has 18 projects, including large-scale destination malls, souks and neighbourhood retail Pavilions, in its portfolio, with more than four million sq ft of shop space already in operation, he added.
