Tatweer establishes Tatweer Dubai and Tatweer Investments

Tatweer, a subsidiary of Dubai Holding, has announced a restructuring of its operations where the real estate firm will pioneer as the holding company. Under the new structure, Tatweer Corporate will bring its entities across six diverse sectors under two distinct divisions - Tatweer Dubai and Tatweer Investments. Saeed Al Muntafiq is the Executive Chairman of Tatweer Corporate and responsible for the creation and overall delivery of the strategic plan, corporate governance, risk management and people development.

Al Muntafiq said

“As a strategic driver of a select group of entities, Tatweer’s restructuring initiative is in response to its enormous growth curve. It also marks the transition of Tatweer from its initial phase of identifying core business areas to its next state of delivering critical projects in Dubai while establishing a sound base for international growth”.

Khalid Al Malik is the CEO of Tatweer Dubai. He will focus on scheduled project delivery within the UAE and strategic long-term partnerships with organizations such as Partners-Harvard Medical International, Tiger Woods and Universal Studios. Tatweer Dubai’s entities comprise Dubai Healthcare City (DHCC), Dubailand, Bawadi, Theme Parks Cluster, and Dubai Industrial City.

Ahmad Sharaf is the CEO of Tatweer Investments. He will drive Tatweer’s foray into international markets, leveraging its synergy with global strategic partners. Tatweer Investments will extend Tatweer’s existing intellectual property portfolio and generate innovative IP driven investments and partnerships overseas. It will support MIZIN and establish new businesses in the food industry through alliances with leading international brands.

Tatweer Dubai and Tatweer Investments will work closely together in transforming Tatweer into an excellent organization. The new entities will facilitate the on-time delivery of real estate projects, enhance corporate governance and create an environment for sustainable development.

GoWealthy.com