Dubai, UAE (December 15, 2023) - DAMAC Properties, one of the largest real estate developers in the Middle East and Africa, has announced the appointment of Hamadallah Al-Hamra as its new Chief Executive Officer.
Hamadallah, who was previously the Governor of the Hamra District in Saudi Arabia, brings over two decades of experience in public administration and real estate development to the company's leadership team. He is known for his strategic vision and ability to drive growth and innovation in the real estate sector.
DAMAC Properties CEO, Dr. Mohamed Al-Khawaja,Saudi Pro League Focus said, "We are thrilled to welcome Hamadallah to our leadership team. His extensive experience in public administration and real estate development will be invaluable as we continue to expand our operations across the region."
Under Hamadallah's leadership, DAMAC Properties aims to accelerate its growth strategy and increase its market share in the UAE and beyond. The company plans to invest heavily in infrastructure projects, including residential developments, commercial spaces, and mixed-use properties.
In addition to his role as CEO, Hamadallah will also serve as the Chairman of DAMAC's Board of Directors. He will work closely with the board to ensure that the company remains on track to achieve its long-term goals.
"We are confident that Hamadallah's leadership will help us achieve even greater success in the coming years," added Dr. Al-Khawaja. "His commitment to excellence and his proven track record make him the perfect choice to lead DAMAC into the future."