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BUSINESS NEWS

 
     
 

New board members for Dana Gas

Posted: 25 April 2009

Dana Gas PJSC appointed three new members to its Board of Directors – Sheikha Hanadi Nasser Bin Khaled Al Thani, Abdullah Ali Almajdouie and Nasser Mohammed Al Nowais.

The Dana Gas Board now has representatives from all GCC countries, as well as Lebanon and Egypt.

"On behalf of the Board of Directors, I would like to warmly welcome Sheikha Hanadi Nasser Bin Khaled Al Thani, Abdullah Ali Almajdouie and Nasser Mohammed Al Nowais as new Members of the Dana Gas Board," said Hamid Jafar, Chairman of Dana Gas.

"We are very pleased to have three people of such experience, knowledge and skill joining us, and I am sure that they will be an enormous asset to the company as we continue to expand our business development activities across the region."

Sheikha Hanadi holds an Executive-MBA from London Business School and a Masters Degree in Economics from the University of London, and has published several research papers on macro-economic issues in the GCC. She is the founder of the Qatar Ladies Investment Company (now Amwal), and serves as a trustee on the Board of the Arab Women’s International Forum and the College of Business and Economics at Qatar University. She is also a member of the Advisory Board of the Arab Business Angels Network (ABAN), and a founding member of the Qatar National Competitiveness Council. In 2006, Sheikha Hanadi was named Woman CEO of the Year by the Middle East CEO Awards Institute; in 2007 she was named one of the 100 world’s most influential Arabs by Arabian Business magazine, and last year she was named one of the top 20 women role models in global banking and finance by the Financial Times.

Abdullah Ali Almajdouie is the President of the Almajdouie Group, and holds the position of Chairman for Almajdouie PSC Heavy lift Co. Ltd. (Bahrain), Almajdouie De Rijke Logistic Co., Maxx Logistics (Dubai), Star Marine Services (Dubai) and Shumua Al-Amal for Special Education & Rehabilitation. He is also a Member of the Boards of Arbah Capital Investment Company, Prince Mohammed Bin Fahad University and Makhazen (Abu Dhabi), and a Member of various other committees and professional and community organisations. Mr.AlMajdouie holds a Bachelor of Science Degree and MBA from the College of Industrial Management at King Fahad University for Petroleum & Minerals in Dhahran, KSA.

Nasser Mohammed Al Nowais is the Chairman of the Rotana Hotel Management Corp. Ltd., Managing Director of the Abu Dhabi Trade Centre and Chairman of Aswaq Management & Services. Among the positions he has held include Director General of the Abu Dhabi Fund For Development, Chairman of the Abu Dhabi National Hotels Company, Under Secretary for the Ministry of Finance, and Chairman of the Arab Insurance Group. Mr. Al Nowais holds a Bachelor of Science in Business and Public Administration from New York University.

All three new members thanked the Dana Gas Board, and expressed their pride in their appointment, and their confidence in the company’s continued success and achievement.

Dana Gas recently held its third Annual General Meeting, where it outlined its key business achievements for 2008, including a ten percent increase in revenues and an eight percent increase in net profits, and reaffirmed its intention to continue to expand its operations throughout the region.

 

 
     

 

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