Dubai, July 11, 2015: Dubai Investments PJSC [DI] - the leading investment company listed on the Dubai Financial Market [DFM], has announced the appointment of Mohammed Saeed Al Raqbani as the General Manager of Dubai Investments Industries [DII], its wholly-owned subsidiary and industrial arm.
Al Raqbani, a UAE national, is spearheading the operations at DII, leveraging its market excellence and steering its growth across the region. 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.
Al Raqbani 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.
In his comments, Al Raqbani said: "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."
Besides his business exploits, Al Raqbani is also active in community and sports activities. He was a member of the Federal National Council [FNC] during 2011-2015 and has served on the boards of UAE Polo Association, UAE Youth Hostel Association and ENOC Bunkering, Fujairah. Al Raqbani is also a Member of Young Arab Leaders, UAE and a Volunteer of Fujairah Welfare Association. He was also part of the UAE National Polo Team between 2001 and 2005.
Al Raqbani holds MS in Business Administration from the University of Paris Sorbonne and a BS in Business Management from the American University of Dubai.
About Dubai Investments Industries
Dubai Investments Industries (DII) is Dubai Investments' investor arm and targets both new and established industries with a strong commitment to boosting industrial development in local and regional markets. 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.
About Dubai Investments PJSC:
Dubai Investments PJSC 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. Incorporated in 1995, the company has grown exponentially with investments in a number of businesses across three core sectors - real estate, manufacturing & industrial and financial investments across the UAE and the Middle East.
Since inception, Dubai Investments has challenged the norms and introduced cutting-edge technologies, pioneering business models, unique investment strategies and innovative concepts across its diversified portfolio spanning different sectors and markets across the globe. With prudent use of capital and sound management skills, Dubai Investments has acquired over 70 companies and made profitable exits from some of them in the last 20 years.
Dubai Investments currently has over 40 subsidiaries & joint ventures under its portfolio, across a wide array of industries and continues to seek new investment opportunities in new sectors, locally and internationally, as part of its strategic expansion plans.
© Press Release 2015