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Deyaar Development Co. - DEYAAR
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Deyaar sees Q1 net loss of $27 million (Reuters - 30/04/2010)

Dubai’s second-largest property developer by market value Deyaar reported a first-quarter net loss of Dh100 million ($27.2 million) on the back of significant provisions, the company said on Thursday. Deyaar had achieved a net profit of Dh53.3 million in
Deyaar CFO, VP Strategic Planning Resigned, National Reports (Bloomberg - 15/04/2010)

Deyaar Development PJSC’s Chief Financial Officer Krishnamurthy Sundaresan and Vice President for Strategic Planning Dimitre Michev submitted their resignations, The National reported, citing a company spokesman it didn’t identify. Sundaresan and Michev
Deyaar Appoints Saeed Al Qatami Acting CEO, Replacing Giebel (Bloomberg - 09/04/2010)

Deyaar Development PJSC said it appointed Saeed Al Qatami as acting chief executive officer, replacing Markus Giebel. Deyaar board approved the dismissal of Giebel with immediate effect, the company said in an e-mailed statement today.

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