Ali Rashid Lootah

Ali Rashid Ahmad Lootah (Arabic: 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]

Ali Rashid Ahmad Lootah
عَـلِي رَاشِـد أَحْـمَـد لُـوْتَـاه (in Arabic)
Born1960
Dubai, Trucial States (now the United Arab Emirates)
NationalityEmirati
OccupationVice Chairman of Mashreq bank

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.[6]

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.[7] 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.[8] He was replaced as chairman in 2020.[9]

References
  1. Darasha, Yazad (30 March 2010). "Lootah appointed Nakheel's new chairman of the board". Gulf News.
  2. "Nakheel sued over staff discount". The National. 24 April 2011.
  3. Sean, Cronin (2018-05-11). "A look behind Dubai's Nakheel Chairman Ali Rashid Lootah's 'instrumental' vision'". Arab News. Retrieved 2018-11-07.
  4. علي راشد لوتاه (in Arabic). Aliqtisadi. 2018. Retrieved 2018-12-09.
  5. Karrar-Lewsley, Tahani (2012-07-03). "Once 'Bold' Nakheel Tries a New Approach". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-02-04.
  6. About Us, UAE Society of Engineers, archived from the original on 2011-09-27
  7. Bringing Us Together, Kenya Friendship Society UAE, archived from the original on 2012-03-30
  8. "Nakheel to restart six projects". The National. 17 August 2010.
  9. Nagraj, Aarti (2020-01-21). "Dubai developer Nakheel appoints new chairman". Gulf Business. Retrieved 2022-02-04.
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