Dubai’s government-backed real estate firm Nakheel CEO Naaman Atallah (LinkedIn) has stepped down following the Dubai Holding merger which saw the company merge with Meydan and the two boards dissolved, Arabian Business writes. Atallah, CEO since November 2020, led the group’s expansion, overseeing projects like Palm Jebel Ali’s redevelopment and Nakheel Mall’s launch.
Refresher: Nakheel and Meydan are set to merge into one entity held by Dubai’s investment vehicle, Dubai Holding, with Emirates Group CEO Sheikh Ahmed bin Saeed Al Maktoum heading the new entity.