Dubai:
Union Properties said on Monday it has appointed Ahmad Yousuf Abdullah Hussain Khouri as chief executive officer.
The appointment is effective immediately, the company said in a statement posted on the Dubai Financial Market’s website.
In the three months to March, Union Properties reported flat profit growth, totalling Dh42.46 million against the Dh42.09 million reported a year ago.
The core operations of property management and sales revenue came to Dh18.74 million, marginally ahead over the Dh16.32 million in the first quarter last year.