23.06.2009 - Two key Dubai property resignations, what next?
From Seekingalpha.com: Last week the CEO of Union Properties, Simon Azzam announced he was stepping down, yesterday it was the turn of Nasser Al Sheikh, chairman of Deyaar Developments just weeks after being replaced as the Dubai finance chief. Mr. Al Sheikh remains chairman of Amlak Finance, about whose proposed merger with Tamweel details are awaited and due any day. But it is worrying to see two such key executives resign as the Dubai real estate sector squares up to face major challenges.........Full Article: Source
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