{"id":17116,"date":"2016-06-20T17:11:54","date_gmt":"2016-06-20T10:11:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=17116"},"modified":"2016-06-20T15:29:07","modified_gmt":"2016-06-20T08:29:07","slug":"lever-steps-down-from-dubai-based-al-naboodah-construction-after-30-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lever-steps-down-from-dubai-based-al-naboodah-construction-after-30-years\/","title":{"rendered":"Lever steps down from Dubai-based Al Naboodah Construction after 30 years"},"content":{"rendered":"


\nAl Naboodah Construction Group has announced that its chief executive, Steve Lever, is set to retire next month after spending 30 years at the company.Mr Lever, who oversaw the growth of Al Naboodah’s construction operation into a business with more than 13,000 employees, will be replaced as chief executive by Colin Timmons. Mr Timmons joined Dubai-based Al Naboodah Construction Group as chief operating officer in March this year after a five-year spell as general manager of Abu Dhabi-based Al Fara’a Group’s construction arm.Al Naboodah Construction said that Mr Lever will remain with the company for a period to ensure a successful handover, and will continue in an advisory capacity next year, as well as overseeing work in Qatar and managing some key clients. Paul O’Flaherty, the chief executive of parent company Al Naboodah Group Enterprises, said: “Under Steve’s leadership, the group has positioned itself as one of the most recognised and trusted construction firms in the region.”He added that Mr Timmons had “been at the forefront of the global construction industry for many years”.”His leadership and vision will see the group continue to achieve the strategy laid out by Steve.”Meanwhile, Dubai-based fit-out contactor Depa has announced the appointment of Ibrahim Belselah as group chairman, following the recent departure of former chairman Mohamed Al Fahim, who also recently stepped down from the board of contractor Arabtec, which owns a 24 per cent stake in Depa.Mr Belselah, who joined the company’s board last month, had previously been executive chairman of Damas International as well as providing counsel to investment banking firm Rothschild Group and to commodities trader Trafigura.Mr Belselah said: “Depa is a company with a proud history and a promising future, and I am delighted to be appointed as its chairman.”Depa Group, which is listed on Nasdaq Dubai, reported a Dh266 million loss for 2015 as turnover dropped by 15 per cent to Dh1.64 billion. It blamed a “challenging year”, but said it had made progress in cutting costs and strengthening its underlying business. In April, Depa announced the appointment of former Leighton Contractors boss Hamish Tyrwhitt as its new chief executive.mfahy@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Lever steps down from Dubai-based Al Naboodah Construction after 30 years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Al Naboodah Construction Group has announced that its chief executive, Steve Lever, is set to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-17116","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4s4","jetpack-related-posts":[{"id":19204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-naboodahs-construction-arm-on-track-to-hit-turnover-of-dh3-7bn-this-year\/","url_meta":{"origin":17116,"position":0},"title":"Al Naboodah's construction arm on track to hit turnover of Dh3.7bn this year","date":"July 10, 2016","format":false,"excerpt":"\r Al Naboodah Construction Group is targeting a 75 per cent increase in turnover to Dh3.5 billion this year, despite a tough start to the year for the region's property sector. The Dubai company's chief executive, Colin Timmons, said he was planning to grow the buildings division of a company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-naboodahs-construction-arm-on-track-to-hit-turnover-of-dh3-5bn-this-year\/","url_meta":{"origin":17116,"position":1},"title":"Al Naboodah's construction arm on track to hit turnover of Dh3.5bn this year","date":"July 10, 2016","format":false,"excerpt":"\r Al Naboodah Construction Group is targeting a 75 per cent increase in turnover to Dh3.5 billion this year, despite a tough start to the year for the region's property sector. The Dubai company's chief executive, Colin Timmons, said he was planning to grow the buildings division of a company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87609,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-look-inside-sharjahs-newly-restored-bait-al-naboodah-museum\/","url_meta":{"origin":17116,"position":2},"title":"A look inside Sharjah's newly restored Bait Al Naboodah museum","date":"May 9, 2018","format":false,"excerpt":"\r Dating back to 1845, Bait Al Naboodah is a historic home that sits along Sharjah's coastline. Originally belonging to the emirate's most prominent pearl merchant, Emir Obaid bin Isa bin Ali Al Shamsi - nicknamed Obaid Al Naboodah - the house was built during the UAE's pearl trade heyday,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-dh12-5bn-tunnel-project-likely-to-start-next-year\/","url_meta":{"origin":17116,"position":3},"title":"Dubai's Dh12.5bn tunnel project likely to start next year","date":"October 28, 2016","format":false,"excerpt":"\r Dubai is bucking the regional purse-tightening trend and pressing ahead with at least three big-ticket infrastructure schemes worth about Dh15 billion, in a push to modernise the emirate.Speaking at the Dubai Investment Forum this week, the director general of Dubai Municipality, Hussain Lootah, said that a Dh12.5bn storm water\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expo-2020-projects-set-to-provide-timely-relief-for-dubais-contractors\/","url_meta":{"origin":17116,"position":4},"title":"Expo 2020 projects set to provide timely relief for Dubai's contractors","date":"June 30, 2016","format":false,"excerpt":"\r The award of the Dubai Metro extension contract is expected to be followed by a flurry of Expo 2020 contracts, providing much-needed relief for battered builders.The award of the Dh10.6 billion order comes as other major projects related to the expo also move forward. Reem Al Hashimy, the Minister\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unec-set-to-bag-deal-for-next-600-apartments-at-dubais-town-square\/","url_meta":{"origin":17116,"position":5},"title":"Unec set to bag deal for next 600 apartments at Dubai's Town Square","date":"March 31, 2016","format":false,"excerpt":"\r \r United Engineering Construction (Unec) is set to be handed a contract to build the next 600 apartments due to be built at Nshama's Town Square project in Dubai.The Nshama chief executive Fred Durie said that an award to Unec was set to be made shortly - just ahead\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17116"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=17116"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/17116\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=17116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=17116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=17116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}