Emaar Development’s board appoints new vice-chairman

Dubai: Emaar Development said on Monday it has elected Jamal Bin Theniyah as its vice-chairman.

This is in accordance with Article 143/2 of the Commercial Companies Law, according to a statement posted on the Dubai Financial Market’s website.

Emaar Development’s shares will be listed on the DFM on Wednesday.

Parent firm Emaar Properties shares closed 1.16 per cent lower at Dh7.68.

The DFM General Index closed 0.19 per cent lower at 3,416.72.