Ali Rashid Lootah Explained

Ali Rashid Ahmad Lootah
Native Name:	عَـلِي رَاشِـد أَحْـمَـد لُـوْتَـاه
Birth Date:	1960
Birth Place:	Dubai, Trucial States (now the United Arab Emirates)
Occupation:	Vice Chairman of Mashreq bank

Ali Rashid Ahmad Lootah (ar|عَـلِي رَاشِـد أَحْـمَـد لُـوْتَـاه) is the vice chairman of Mashreq bank and former chairman of Nakheel,^[1] a property development company in Dubai, United Arab Emirates.^{[2] [3]}

Early life and career

Lootah was born in 1960^[4] in Dubai, and pursued his education in civil engineering at Clarkson University in the United States.^[5] He established the UAE Society of Engineers, in which he became a member of founding board.

He started his career working in the UAE's Ministry of Public Works, where he was later appointed as Assistant Under-secretary of the Ministry. Lootah was appointed as chairman of Nakheel in 2012 replacing Sultan Ahmed bin Sulayem, and led the new strategy for the company also restarting some of its development projects.^[6] He was replaced as chairman in 2020.^[7]

External links

• Nakheel Website

Notes and References

1. News: Darasha . Yazad . Lootah appointed Nakheel's new chairman of the board . . 30 March 2010 .
2. News: . Nakheel sued over staff discount . 24 April 2011 .
3. News: Sean . Cronin . A look behind Dubai’s Nakheel Chairman Ali Rashid Lootah’s ‘instrumental’ vision’ . . 2018-05-11 . 2018-11-07.
4. News: Aliqtisadi . ar:علي راشد لوتاه . ar . https://aliqtisadi.com/شخصيات/علي-راشد-لوتاه/ . 2018 . 2018-12-09.
5. News: Karrar-Lewsley. Tahani. 2012-07-03. Once 'Bold' Nakheel Tries a New Approach. en-US. Wall Street Journal. 2022-02-04. 0099-9660.
6. News: Nakheel to restart six projects . . 17 August 2010 .
7. Web site: Nagraj. Aarti. 2020-01-21. Dubai developer Nakheel appoints new chairman. 2022-02-04. Gulf Business. en-US.