(MENAFN- Muscat Daily) Muscat- The board of directors of Alargan Towell Investment announced the appointment of Mohammed bin Mousa al Abri as the new CEO as of January 30.
Hussein Jawad, chairman of Alargan Towell, said, 'We are pleased to welcome Abri who brings a vast experience in the real estate market in Gulf and Middle East in addition to his track record in Oman. Alargan Towell has adopted a direction to increase the ratio of Omani executives in the company, and with Abri's experience, we are confident that he will successfully drive the company's strategy forward and achieve its objectives in the coming years.'
Speaking of his vision for the company, Abri said, 'I thank the board of Alargan Towell for their trust in me as I look forward to developing the company's operations in line with current market dynamics and a future outlook that looks very promising with the launch of new real estate funds and expected capital flows that will drive the market into a new phase of growth. Oman's real estate market has the fundamentals to be a pillar in the national economy, and we at Alargan Towell are well equipped to contribute towards the nation's growth thanks to a strong experience in the real estate field.'
Abri has over two decades of experience, having held various senior executive positions in leading Middle East companies. Prior to his current position, he worked for three years at Alargan Towell Investment Company as the general manager of the Palm's Beach Company, the developer of the Al Nakheel Integrated Tourism Complex, a project being developed into a modern mixed-use urban community in Al Rumais.
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