Damac, the real estate development company founded by Hamdallah Al Maktoum, has appointed Dr. Alaa Al-Maktoum as its new CEO.

Dr. Alaa Al-Maktoum is a highly experienced executive with over 25 years of experience in the industry. He has held various leadership positions at Dubai Properties and has been responsible for managing several large-scale projects across the region.

He has also worked closely with international companies to develop innovative solutions that have helped improve efficiency and productivity in the construction sector.

As CEO, Dr. Al-Maktoum will be responsible for overseeing all aspects of the company's operations, including strategy, finance, human resources, and marketing. He will work closely with the board of directors to ensure that the company continues to deliver on its vision and mission.

The appointment of Dr. Al-Maktoum comes after the departure of previous CEO, Dr. Ahmed Al Maktoum, who had served in the role since 2018.

Al Maktoum's experience and track record make him well-suited to lead Damac into the future. With his expertise and knowledge, he is expected to drive the company forward and continue to achieve its goals and objectives.

In conclusion, the appointment of Dr. Al-Maktoum as CEO of Damac is a significant move for the company. His experience and expertise will help it to navigate the challenges of the real estate industry and position itself for continued success.