Dubai – Mubasher: Emaar Malls and Emaar Development appointed Mohamed Al Hussaini and Mohamed Ali Alabbar, respectively, as board chairmen.
Emaar Malls has elected Ahmad Thani Rashed Al Matrooshi as a vice chairman, while Jamal bin Theniyah was appointed as a vice chairman at Emaar Development, according to their companies' respective disclosures to the Dubai Financial Market (DFM) on Monday.
It is noteworthy to mention that in 2019, Emaar Malls' net profits reached AED 2.28 billion, compared to AED 2.23 billion in 2018.
Last year, Emaar Development's net profits declined by 31% when compared to 2018.
