Friday, Jul 17, 2015
Dubai:
Dubai Investments (DI) said it has appointed Mohammed Saeed Al Raqbani as the General Manager of Dubai Investments Industries [DII], its wholly-owned subsidiary and industrial arm.
Al Raqbani brings with him over 16 years’ experience across commercial disciplines, including industrial, real estate development and investments, construction, trading, project management and development.
He has earlier served as a Board Member of Emaar Industries & Investments, where he joined as Deputy CEO in 2006 and was the Chief Executive Officer from 2009 to 2014. Prior to this, Al Raqbani was engaged in family business as the Managing Director of a holding company with business interests across multiple sectors.
“I am honored to have the confidence and support of DII Board of Directors. The initial strategy is to leverage DII’s dynamic and diversified business model as it seeks growth opportunities in the region. Backed by the success and innovation of Dubai Investments, DII is confident to achieve the next level of growth in the near future,” said Al Raqbani.
Dubai Investments is a leading investment company listed on the Dubai Financial Market with over 19,800 shareholders and a paid-up capital of AED 4 billion. DII includes subsidiaries across sectors, including Emirates Building Systems, Marmum Dairy Farm, United Sales Partners, Edible Oil Company, Dubai Cranes & Technical Services, Emirates Extruded Polystyrene and TechSource LLC.
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