Middle East

Dubai Chambers Appoints New President and CEO

Dubai Chambers has appointed Mohammad Ali bin Rashid Ruth as its new President and CEO, effective October 24.

His appointment comes after Hamad Buamim, who served as chairman and CEO of the chamber for 16 years, resigned in August.

read: Hamad Bouamim Steps Down as President and CEO of Dubai Chambers

Lootah has held a series of key positions in his career. Most recently, she was CEO of Commercial Compliance and Consumer Protection and Deputy Executive Director of the Department of Commercial Registration and Licensing at the Dubai Department of Economics and Tourism (DET). ).

Abdul Aziz Abdullah Al Ghurair, Chairman of the Dubai Chamber of Commerce, said:

Lootah said in a statement that he will lead each chamber in overseeing the implementation of its initiatives and strategic plans.

“Dubai Chambers enjoys a prestigious position within the local and international business community,” added Lootah. “We look forward to continuing on this successful path and working with all teams to protect the achievements and progress made to date and pave the way for further achievements in the future.”

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, approved legislation earlier this year, including a decree establishing Dubai Chambers as a new entity.

read: Sheikh Mohammed Issues Decree Regulating Dubai Chamber of Commerce

Under the new organization, three chambers of commerce operate under the Dubai Chamber of Commerce: the Dubai Chamber of Commerce, the Dubai International Chamber of Commerce and the Dubai Digital Economy Chamber.

Over 27,100 new businesses joined the Dubai Chamber of Commerce in the first eight months of 2022, marking a 69% year-on-year increase.

read: Dubai Chamber of Commerce records 69% increase in new memberships through August

https://gulfbusiness.com/dubai-chambers-appoints-new-president-and-ceo/ Dubai Chambers Appoints New President and CEO

Back to top button