DP World, one of the world greatest ports operators, has made senior management changes and designated Abdulla Bin Damithan as chief executive and managing director of its UAE business and Jebel Ali Free Zone (Jafza).
Abdulla Bin Damithan takes over as DP World’s CEO of UAE business and Jafza
Mr. Damithan, who has been with the organization for over twenty years, takes over from Mohammed Al Muallem, who has been promoted to executive VP of DP World, the organization said in a statement on Saturday. In his new role, Mr. Damithan, will expand the organization’s UAE business and increment its commitment to Dubai and the UAE economy. “I’m assuming liability for a business in strong health”, and anticipating support “maintainable financial development and to solidify DP World’s situation as a main smart trade enabler”, Mr. Damithan said. DP World profit owing to owners at group level after independently revealed things, dropped 28.8 percent to $846 million for the 2020 monetary year, it said in March.
Mr. Damithan, who was chief commercial officer for DP World UAE district, has recently driven various pieces of the business including ports and terminals, parks and zones and trade enablement solutions, as per the statement. Jebel Ali Port and Jafza represent almost a quarter of all foreign direct investment into Dubai, and backing 135,000 jobs, as per Sultan Ahmed Bin Sulayem, DP World group administrator.
Mr. Al Muallem, who has been with DP World for over 38 years, will work intimately with Mr. bin Sulayem, managing the organization’s worldwide operations. He will likewise be answerable for DP World’s marine-based assets in the UAE, including Dubai Drydocks World, Dubai Maritime City and P&O Marinas, as indicated by the statement. “The new position will carry with it various difficulties,” Mr. Al Muallem said.