DUBAI--(BUSINESS WIRE)--His Highness Sheikh Maktoum bin Hasher Al Maktoum has been appointed as chairman of Al Nasr Sports Club under a resolution by Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, in his capacity as President of the club. The resolution has also set a new 11-member board to run the club’s affairs with immediate effect.

Upon the acceptance of his appointment Sheikh Maktoum was quoted as saying, “I would like to thank the Deputy Ruler of Dubai and UAE Minister of Finance, His Highness Sheikh Hamdan bin Rashid Al Maktoum, for bestowing his trust in me. I am truly honoured to have been considered for such a prestigious appointment. I look forward to fulfilling the role of Chairman of Al Nasr Club swiftly and effectively. The Al Nasr Sports Club is an icon of our sports heritage and is one of the oldest football clubs in the UAE. I am proud of its history and I am even prouder to be a part of its future.”

His Highness Sheikh Maktoum’s first order of business under his new appointment is to conduct an analysis of the club’s financial and management aspects with the goal to restructure the club and re-gear it for what lies ahead. The highly successful restructuring of Al Fajer Properties (AFP), which led to an impressive turnaround in record time to becoming one of the strongest and most successful property developers in Dubai today, is testament to His Highness Sheikh Maktoum’s financial and management expertise.

Sheikh Maktoum currently serves as President of Al Fajer Properties (AFP) and also serves in the role as CEO of the Al Fajer Group (AGF), a multi-billion dollar conglomerate of which AFP is a member company. He is also founder of the A1 Grand Prix granting him massive experience in the sports industry.

Sheikh Maktoum received his first international award when he was selected as “Young Global Leader 2007” by the World Economic Forum. In March 2008, he was awarded the prestigious Young CEO of the Year award by the former French prime minister Dominique de Villepinn. Sheikh Maktoum received a BS/BA in finance from Suffolk University in Boston. His educational and business background, coupled with his experience in international sport makes him the perfect pedigree to take the football club to the next level and beyond.

Notes to the editor:

Al Fajer Properties:

Al Fajer Properties LLC, was established in November 2004 as a wholly owned subsidiary of AFG. Since then the company has built up a significant land bank of note. The company is currently in the process of developing its flagship project which consists of 5 commercial towers located in the Jumeirah Lake Towers Community. With an estimated project value of over AED 3 billion the company has positioned itself to become a leading player in the fastest growing real estate market in the world.

Al Fajer Group

Al Fajer Group was established in 1965, by its Group President His Highness Sheikh Hasher Bin Maktoum Al Maktoum. Since his appointment of CEO of the group in 1998 the company has rapidly grown to a diversified business entity delivering high quality service to a wide range of international clients. With more than 18,000 employees and an annual group turnover of AED 5.8 billion, the Group's business interests to date have now placed it as a market leader with the following nationally recognizable companies incorporated under its umbrella; Al Ahmadiah Contracting & Trading, a leading national contracting firm with over 35 years of widespread construction experience; Al Ahmadiah Aktor LLC identified as one of the few established professional construction companies reputed for its reliable expertise in intricate designs and exacting quality standards; Al Fajer Security & Maintenance, a leading specialist in providing a wide range of multi-property services; Lunar Electro, a national Electro Mechanical Contracting firm; Al Fajer Establishment, a general trading company with over 3 decades of expertise representing world renowned and leading brand of products supplying to the construction and printing industry; Balmer Lawrie & Co. Ltd, a well established company in India which has become a pioneer in container manufacturing in the Middle East specializing in mild steel barrels and drums; Al Fajer Information & Services, with over 2 decades of experience in providing a complete range of organization and management services through its five divisions which include Fairs and Exhibitions, Octanorm Displays, Shop Fittings, Design & Graphics and International Exhibit Builders. Other group members include: Al Fajer Travel & Tourism; Al Fajer Medical Supplies; Al Fajer Interiors & Decorations LLC; and Al Fajer Investments & Development.

www.alfajer.com

The Middle East Excellence Awards Institute

The Middle East Excellence Awards Institute was conceived by Datamatix to recognize and promote leadership and entrepreneurial forays within the region. It has consistently emphasized the nurturing and development of regional leadership and talent in different sectors of industry to create a resource base which can effectively contribute and support Middle East expansion initiatives. The region has witnessed tremendous economic and social growth in the second half of the 20th century. This progress has been made possible by the efforts of many visionaries and leaders. The Institute was established to honor those individuals and organizations that have driven development in the region. It recognizes their commitment, courage and capable leadership which have made a difference to the region's economy and society.

www.meawards.com

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