Chief executive Ahmad Bin Byat has been promoted to vice-chairman and managing director of Dubai Holding. Lee Hoagland / The National
Chief executive Ahmad Bin Byat has been promoted to vice-chairman and managing director of Dubai Holding. Lee Hoagland / The National

Dubai Holding appoints new chief executive, managing director



Dubai Holding has promoted two members of management to the roles of managing director and chief executive, the company said.

Chief executive Ahmad Bin Byat has been promoted to vice-chairman and managing director, according to a statement by Dubai Holding, which is owned by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

Mr Byat holds several other positions in Dubai, including chairman of telecoms provider du and director general of Dubai Technology and the Media Free Zone Authority, according to the Dubai Holding website.

Chief operating officer Fadel Al Ali will take over as CEO, it said.

Mr Ali is also chairman of the board at investment firm Dubai International Capital and is a board member of du, the Dubai Financial Services Authority, Emaar Properties and hotel operator Jumeirah Group, it said.

The company holds assets valued at Dh130 billion, it said in the statement.

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Scoreline

Man Utd 2 Pogba 27', Martial 49'

Everton 1 Sigurdsson 77'

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Director: Tim Burton

Rating: 3/5

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1st Test November 23-27, The Gabba, Brisbane

2nd Test December 2-6, Adelaide Oval, Adelaide

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5th Test January 4-8, Sydney Cricket Ground, Sydney

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Brief scores:

Kashima Antlers 0

River Plate 4

Zuculini 24', Martinez 73', 90 2', Borre 89' (pen)

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