Shuaa Capital announces new Chairman

Shuaa Capital, the region’s financial services institution announced today that Sheikh Maktoum bin Hasher Al Maktoum, who recently joined the Board, has been appointed Chairman. He takes over from Majid Al Ghurair, who will step down from the Board of Directors after 11 years as Chairman.

Sheikh Maktoum is well known for his dynamic leadership, strong international business acumen and astute investments. He has a record of successfully supporting business turnaround situations applying intense strategic thinking and critical decision making to drive results.

He is Chairman of Dubai International Holding Company, a successful and diversified investment company and President of Al Fajer Properties, an innovative Dubai real estate developer. In 2007 he was named Young Global Leader by the World Economic Forum and in 2009 he was awarded ‘Real Estate CEO of the year’ by CEO Middle East.

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