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’s , the emirate’s second-largest by value, appointed as its new chief financial officer, the company has said in a statement.

Marshad will replace and will report to Deyaar’s chief executive Saeed Al Qatami, the statement said.

Before joining Deyaar, Marshad was employed as chief financial officer at , a firm owned by the crown prince of Dubai.

The developer doubled its first-quarter this year, as it gradually recovers from Dubai’s market crash.


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