Tecom announces new operational structure
Dubai, May 21, 2013
Tecom Investments, a wholly-owned subsidiary of Dubai Holding, today announced a new operational structure, which will allow the company to focus on its core business of developing and operating business parks.
Under the new structure, Tecom Investments real estate business will be segmented into three verticals - Tecom Development & Planning (Land, Infrastructure and Building Development), Tecom Freezone Business Parks and Dubai Industrial City.
Amina Al Rustamani, Group CEO, said: “The region’s economic outlook looks promising and we are entering the next phase of Dubai’s impressive growth story. We need to be prepared for this opportunity and with this new company structure we will have clear ownership of each of the key success factors and processes to drive business stability and growth.”
Badr Al Gargawi, CEO of Tecom Development & Planning, will manage matters relating to land, infrastructure and building development. He will also be responsible for all master planning, construction, infrastructure, and engineering development in Tecom Investments. Gargawi has been with Tecom for seven years and was previously CEO of Tamdeen and managing director of Tecom business parks’ engineering management unit.
Malek Sultan Al Malek, who is now CEO of Tecom Freezone Business Parks will be responsible for all Tecom Investments’ free zone assets. He has been with Tecom for 10 years and was previously managing director of Dubai Internet City and Dubai Outsource Zone.
Abdulla Belhoul is now CEO of Dubai Industrial City. He will continue to be responsible for Tecom Investments’ onshore assets comprising of offices, logistics facilities, labour accommodation, and industrial land in Dubai Industrial City. Belhoul has been with Tecom Investments for six years. - TradeArabia News Service