News Column

BB Shorts

August 29, 2014

Staff Report



Nakheel appoints engineering consultant for two million sqft mall at Jumeirah Village Triangle

Dubai

Nakheel's two million square foot shopping, dining and entertainment hub at Jumeirah Village Triangle (JVT) moved a step closer thie week, with the appointment of international engineering consultancy Dar Al-Handasah. The mall will be built alongside Dubai'sAl Khail Road, on the southern edge of JVT. It will feature one million sqft of leasable area containing a multi-screen cinema, supermarket, department stores, speciality shops and an array of cafes and restaurants. There will also be ample parking.

MasterCard appoints head of processing centre for MEA

Dubai

MasterCard on Wednesday announced the appointment of Nick Vora as the Head of MasterCard's Processing Center - an end-to-end, multi-brand cards and payments processing center that provides integrated processing services to customers across the Middle East and North Africa (MENA). Vora moved to Dubai from the global headquarters in New York where he led MasterCard's product development and market expansion efforts for the company's US-based payment processing platform. In his capacity here, he will be dedicated to leveraging MasterCard's operations and processing technology for stakeholders, allowing them to focus on creating safe, simple and smart payment products, and bringing innovative solutions to the market.

Emirates Investment Bank announces appointment of Nadi Bargouti as Managing Director of Asset Management

Dubai

Emirates Investment Bank said on Tuesday it has appointed Nadi Bargouti as Managing Director, Asset Management. Bargouti will lead the Bank's Asset Management division and be responsible for advising the Bank's clients on their investment strategies on both an advisory and discretionary basis, the bank stated, adding he brings over 15 years of asset and fund management experience to Emirates Investment Bank and joins from Shuaa Capital, where he was Head of Asset Management, leading teams in the UAE, Saudi Arabia and Qatar.


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Source: Gulf News (United Arab Emirates)


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