Construction Magazine April 2018 | Page 17

LEADERSHIP SHOWCASE

to being an integral part of the Emirate ’ s ambitious expansion plans , launching an exciting range of new projects that will enhance our existing communities and attract residents , tourists and investors to the fastest-growing city in the world .
Do you work with any partners at all ? If so , what is the nature of those collaborations ?
Nakheel has strategic alliances with business partners who share the vision of Dubai and Nakheel . For example , we have joint ventures with some of the world ’ s leading names in hospitality , including RIU Hotels & Resorts and Centara Hotels & Resorts , as well as hotel management agreements with major hospitality management companies such as Marriott , AccorHotels , Hilton , Minor Hotel Group , Whitbread and many more under consideration .
How important is innovation to your market and business ?
Innovation is key to both Dubai and Nakheel . The world-famous projects of Palm Jumeirah , The World and the upcoming Deira Islands are examples of how Nakheel has embraced innovation in real estate development . Innvovation has also taken centre stage in Dubai where there is a strong emphasis on adoption of technology in day-to-day governance , and Dubai is leading the initiative in adoption of newer technology for the general wellbeing of its citizens and residents alike .
What initiatives have you brought in to boost profits or cut costs ?
We have strengthened corporate governance and enforced stricter financial discipline , which , together , have assisted in robust financial performance to date . In addition , rigourous planning , close monitoring and periodic review of the business strategy and increasing use of technology have all contributed to the financial and operational success of the business .
Could you tell me about your team – number of employees , expertise , and training opportunities offered ?
Nakheel currently employees 1,300 staff who together make one successful team . The management team is led by the CEO who is assisted by various divisional heads
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