Deputy Ruler of Dubai to head DREC board of directors

HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, is to head the board of directors of Dubai Real Estate Corporation

HH Sheikh Mohammed bin Rashid Al Maktoum (above) has reshuffled Dubai Real Estate Corporation’s board of directors.
HH Sheikh Mohammed bin Rashid Al Maktoum (above) has reshuffled Dubai Real Estate Corporation’s board of directors.

HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, is to head the board of directors of Dubai Real Estate Corporation (DREC).

Under Decree No 24 of 2017, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, established a new board of directors for DREC.

In addition to Dubai’s Deputy Ruler, the board will comprise Hesham Abdulla Al Qassim as vice president; HE Sami Ahmad Dhaen Al Qamzi; Abdulla Ahmed Al Habbai; Mohamed Hamad Obaid Al Shehi; Rashid Mohammed Rashid Al-Mutawa; Shoaib Mir Hashim Khoory; and Mohamed Hadi Ahmed Abdulla Al Hussaini, according to Al Bayan.

The board of directors will remain in place for a renewable term of three years, according to the report.

The decree came into effect on 18 June, 2017.

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