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08/07/2025 06:52 AST
Dubai Investments has announced that it has promoted Mushtaq Masood to the post of Chief Operating Officer (COO). Masood was till now the Group Chief Financial Officer (CFO).
As COO, he will be responsible for leading the group's operational strategy, enhancing efficiencies, aligning cross-functional initiatives, overseeing mergers and acquisitions and driving sustainable value creation.
Mushtaq has been with Dubai Investments since 2008, during which time he streamlined treasury operations, managed funding requirements and structured key financing arrangements, said a statement from Dubai Investments.
He also led various acquisition and divestment initiatives across the group, delivering value to the stakeholders, it stated.
Concurrently, Nishant Shah will step into the role of Acting Chief Financial Officer (CFO), having previously served as Finance Director for Dubai Investments since 2019, bringing continuity to the Group's finance function.
He will be responsible for financial reporting and will oversee treasury and investment activities, said the statement.
Nishant's appointment acknowledges his role in driving excellence in financial reporting and implementing internal controls across the function, it added.
Trade Arabia
06/08/2025
Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), has reported profit before tax of AED546.28 million ($148.73 million) for the six-month period
Trade Arabia
25/03/2018
DUBAI Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islami
Saudi Gazette
21/03/2018
The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to $100 million within the first 12 months after its listing on Nasdaq Dubai, according to a senior o
Reuters
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08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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