Aldar Properties PJSC announced that the board meeting of the company held on November 12, 2017. At the meeting the board approved the resignation of Mr. Ali Eid Al Mheiri from his position as a director in the board of directors of the company and appointment of H. E Mohamed Khalifa Al Mubarak as a replacement. Such appointment will be presented to the shareholders at the first subsequent general assembly for confirmation as per the application Laws.

The board accepted the resignation of H. E Abubaker Seddiq Al Khoori from his position as the chairman of the board of directors of the company. The board approved the election of H. E. Mohammed Khalifa Al Mubarak as the new chairman of the board of directors of the company and accepted resignation of his position as the CEO of the company. The board approved the election of H. E Abubaker Seddiq Al Khoori as the first vice-chairman of the board of directors of the company and elected Mr. Waleed Ahmad Almorarrab Al Muhairi as the second vice-chairman of the board of directors of the company.

The board approved the appointment of Mr. Talal Al Dhiyebi as chief executive office of the company effective from September 12, 2017.