Emaar group CEO resigns

Dubai-Mubasher: Emaar Properties announced that Abdullah Lahej resigned from his position as CEO, according to a bourse statement on Sunday.

Amit Jain, the group’s chief operating officer (COO), will handle Lahej’s responsibilities.

The statement is issued Sunday, where the company made a major announcement of building another world-record breaking tower.

Emaar’s stock rose 2.2% to AED 6.15 after trading 12.5 million shares, with turnover of AED 76.6 million. 

Mubasher Contribution Time: 10-Apr-2016 13:44 (GMT)
Mubasher Last Update Time: 10-Apr-2016 13:59 (GMT)