DP World, one of the world biggest ports operators, has made senior management changes and appointed Abdulla Bin Damithan as chief executive and managing director of its UAE business and Jebel Ali Free Zone (Jafza).
Mr Damithan, who has been with the company for more than two decades, takes over from Mohammed Al Muallem, who has been promoted to executive vice president of DP World, the company said in a statement on Saturday.
In his new role, Mr Damithan, will expand the company's UAE business and increase its contribution to Dubai and the UAE economy.
"I am taking responsibility for a business in robust health", and looking forward to support "sustainable socio-economic growth and to cement DP World’s position as a leading smart trade enabler", Mr Damithan said.
DP World profit profit attributable to owners at group level after separately disclosed items, dropped 28.8 per cent to $846 million for the 2020 financial year, it said in March.
Mr Damithan, who was chief commercial officer for DP World UAE region, has previously led different parts of the business including ports and terminals, parks and zones and trade enablement solutions, according to the statement.
Jebel Ali Port and Jafza account for nearly a quarter of all foreign direct investment into Dubai, and support 135,000 jobs, according to Sultan Ahmed Bin Sulayem, DP World group chairman.
Mr Al Muallem, who has been with DP World for more than 38 years, will work closely with Mr bin Sulayem, overseeing the company's global operations.
He will also be responsible for DP World’s marine-based assets in the UAE, including Dubai Drydocks World, Dubai Maritime City and P&O Marinas, according to the statement.
"The new position will bring with it numerous challenges," Mr Al Muallem said.
UAE currency: the story behind the money in your pockets
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
UAE currency: the story behind the money in your pockets
Gifts exchanged
- King Charles - replica of President Eisenhower Sword
- Queen Camilla - Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
- Donald Trump - hand-bound leather book with Declaration of Independence
- Melania Trump - personalised Anya Hindmarch handbag
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
More from Rashmee Roshan Lall
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Scores
Wales 74-24 Tonga
England 35-15 Japan
Italy 7-26 Australia
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
