Former Emaar chief takes reins at green developer

18.11.2014
Fred Durie has taken over at Nshama, which plans to develop an energy and water-efficient community, its “flagship project” in Dubai. The Emaar International chief, who left the company in August, is now the head of a young Dubai-based developer, The National reported.
Fred Durie, who joined Emaar in 2001 and was the chief executive of Emaar International, is the chief executive at Nshama, which expects to be set up as a developer of smart-integrated communities.
Durie was instrumental in managing developments in Dubai and internationally, according to an Emaar spokesman.
Nshama plans to develop an energy and water-efficient community, its “flagship project” in Dubai, Mr Durie said after he joined in September. The community will be developed under a joint venture with the Mohammed bin Rashid Al Maktoum Foundation (MBRF).

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