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DANA - Dana International Investments News Story

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Last Trade - 09/03/20

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Dana Group International Investments: Directorate Changes

Dana Group International Investments Limited
("DANA" or the "Company")

Changes of Directorate

DANA, the Dubai-based real property investment company, announces the
following changes to its Board of Directors, which are effective immediately:

Mr. Nawaf Qassim Shahin Abdullah (“Nawaf Shahin”) joins the Board of DANA
as a Director and Chief Executive Officer. Mr. Nawaf Shahin (Emirati, aged 34)
began his business career at Sama Dubai, a subsidiary of Dubai Holding. Sama
Dubai is engaged in the development of large-scale, mixed-use real estate
developments. From 2009, Mr. Nawaf Shahin has been involved with two UAE-based
private equity investment companies, Investment House in Dubai and, for over
six years, with Al Thmar Investments in Dubai as Project Director. In addition
to transactions in the real property sector, Mr. Nawaf Shahin has been
responsible for investment projects in the contracting, industrial, mining,
trading, services and food and beverage sectors.

Alongside his commercial responsibilities, since 2016 Mr. Nawaf Shahin has
been a member of the Board of the Riding for the Disabled Association of Dubai
(“RDAD”). RDAD is a charitable organisation which offers disabled children
and young persons the opportunity to enjoy the therapeutic and recreational
benefits of horse riding.

Mr. Nawaf Shahin holds a Higher Diploma in E-Business Management and a
Bachelor of Arts in Business Administration from the Higher Colleges of
Technology in Dubai and a Master’s degree in Business Administration from
the Canadian University of Dubai.

Mr. Mustafa Saifuddin, FCA, will be leaving the Board of the Company to pursue
new business opportunities. I thank Mr. Mustafa for his contributions to the
Company as Group Financial Controller and, more recently, as Director and CEO;
my colleagues join me in wishing him all success in the future. The Board is
delighted to welcome Mr. Nawaf Shahin and looks forward to working with him to
develop future investment and revenue-generation opportunities for the benefit
of DANA and its shareholders.

Mohammad Firas Baba, 
 Dubai, 1st May 2019 
This announcement has been made after due and careful enquiry; the Directors
of the Company accept responsibility for its content. 

Regulatory announcement ends.

Dana Group International Investments Ltd: 
Contact: tel: +971 (0)4 350 3530; e-mail: ir@dana-investments.com; further
information on Dana Group International Investments Limited is available from
the Company's website: www.dana-investments.com   
Keith, Bayley, Rogers & Co. Limited: 
Graham Atthill-Beck: tel: +44 (0)20 7464 4091; mobile: +971 (0)50 856 9408/+44
(0)750 643 4107; e-mail: Graham.Atthill-Beck@kbrl.co.uk;
Brinsley Holman: tel: +44 (0)20 7464 4098; e-mail:

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