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Where Vision Becomes Place

Strong leadership and visionary thinking help build Ithra Dubai into a global company focused on creating prosperous avenues for an enriched life. 

About Ithra Dubai

About Ithra Dubai 

Through innovative thought, a pioneering approach and decisive action, we aspire to contribute to the rise of a smart, inclusive way of living that nurtures multicultural cohesiveness. Going beyond the business of property development and management, we use our expertise and experience in the industry to ultimately help enrich lives not just in the UAE, but around the world.

Ithra Dubai is a pioneering real estate developer wholly owned by the Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai. Established to shape the city’s future through transformative developments, Ithra Dubai delivers iconic destinations that blend architectural excellence with cultural resonance and commercial vitality.

From master planning to landmark execution, the company upholds the highest standards of innovation, sustainability, and design integrity—reflecting Dubai’s ambition and global stature. With an unwavering commitment to enriching lives and enhancing urban experiences, Ithra Dubai redefines the possibilities of modern development across the emirate and beyond.

Our Mission

We develop and manage world-class real estate that adds lasting value to Dubai and beyond — combining innovation, integrity, and excellence in everything we build.

Our Vision

To shape the future of cities through iconic destinations that inspire, connect, and endure.

"Our projects are built around people, not structures." - Issam Galadari

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Board of Directors

Strong leadership and visionary thinking help build Ithra Dubai into a global company focused on creating prosperous avenues for an enriched life. Our senior leadership team sets the strategic direction of the company and supports our passion for continual innovation and our drive to meet the needs of our customers, partners and stakeholders.

Issam Galadari

Issam Galadari

CEO | Board Member

Issam Galadari is the Founder, Director, and Chief Executive Officer of Ithra Dubai, a leading real estate development and asset management company. He also serves as the Chief Executive Officer of Dubai Healthcare City Authority, where he leads strategic initiatives that support Dubai’s vision for sustainable growth, innovation, and excellence.

 

With more than three decades of experience in the real estate sector, Issam has built a distinguished reputation for delivering landmark developments and driving sustainable business growth. His leadership has been instrumental in shaping some of Dubai’s most iconic destinations, including Burj Khalifa, One Za’abeel, and Atlantis The Royal, projects that have redefined the city's skyline and global reputation.

 

As Real Estate Director at the Investment Corporation of Dubai (ICD), Issam played a pivotal role in establishing and expanding the organisation’s real estate portfolio. Earlier, as Chief Executive Officer of Emaar Properties, he led the delivery of some of Dubai’s most iconic developments, including Downtown Dubai, Emirates Hills, Emirates Living, Dubai Marina, Arabian Ranches, and Polo Residences.

He also served as Managing Director of Emaar International, where he successfully expanded the company’s operations into 11 countries across Asia and North Africa, strengthening its global presence and driving international growth.

 

Since his appointment as Chief Executive Officer of Ithra Dubai in 2015, Issam has continued to shape the future of real estate through visionary leadership. He has overseen the development of landmark destinations, including the skyline defining One Za’abeel and the transformative Deira Enrichment Project, reinforcing Ithra Dubai’s commitment to creating iconic developments and vibrant communities.

 

Issam’s leadership extends across Dubai’s hospitality and real estate sectors through his roles as Director and Board Member of Nakheel and Director of ICD Hospitality and Leisure. He also serves on the boards of Kerzner International Holdings Limited, Atlantis The Palm Holding Company Limited, and Atlantis The Palm, where he has supported the growth of the globally recognised Atlantis brand, including the development of Atlantis The Royal Resort and Residences.

In addition, he serves as Director of Adriatic Marinas d.o.o., the company behind Porto Montenegro, a landmark waterfront destination and luxury yacht marina that has become one of the Mediterranean’s premier lifestyle and maritime developments.

 

In addition to his current leadership roles, Issam previously served as Chief Executive Officer of Meydan. He has also held board positions across several leading regional and international organisations, including Emaar Financial Services LLC, Emaar Middle East, Emaar Algeria, Emaar Misr for Development (Egypt), Emaar IGO (Syria), Emaar DHA Islamabad Ltd (Pakistan), Emaar Giga Karachi Limited (Pakistan), and Amlak Finance PJSC, contributing to the strategic growth and expansion of the real estate and financial services sectors.

 

Issam’s leadership is further strengthened by his roles as a Board Member of GMICE and PM Holdings LLC, as well as his memberships in the UAE Society of Engineers and the Institution of Civil Engineers (UK). These affiliations reflect his commitment to engineering excellence, innovation, and sustainable development, while contributing to his strategic vision and proven track record of delivering complex, large scale projects, driving long term growth, and creating lasting value.

 

A Message from Our CEO

Our projects are built around people, not just structures. We believe a city's true value lies in the opportunities it creates and the quality of life it offers its communities. Every project we undertake is designed to contribute meaningfully to the city, enrich the lives of those who live and work there, and help people move closer to achieving their aspirations—whether that means owning a home, growing a business, providing better opportunities for their families, or enjoying access to world class amenities and services.

Ithra, the Arabic word for "enrichment," reflects our purpose and philosophy. Every project we create is designed to raise standards, enhance the urban landscape, and enrich the lives of individuals while fostering thriving, sustainable communities. As Socrates observed, "By far the greatest and most admirable form of wisdom is that needed to plan and beautify cities and human communities." This belief continues to inspire our approach to development.

As we build the legacy of tomorrow, we remain committed to creating vibrant, future ready cities that empower people and strengthen communities. At Ithra Dubai, we combine bold ambition with deep respect for our heritage, designing and delivering world class destinations that reflect innovation, sustainability, and excellence. Every project is developed with care for the environment, our communities, and our partners, ensuring a lasting positive impact for generations to come.

 

Omar Khoory

Omar Khoory

Deputy CEO | Board Member

Khalifa H. Al Daboos

Khalifa H. Al Daboos

Director

Mr. Khalifa Al Daboos is the Deputy Chief Executive Officer of ICD. His experience spans 24 years, holding senior positions with leading investment and financial institutions in the UAE.

Mr. Al Daboos’ previous roles include heading the Investment Department at the Government’s Department of Finance in H.H. The Ruler’s Court of the Government. He began his career with ENBD in various treasury, foreign exchange and capital market functions.

Mr. Al Daboos is currently the Chairman of National Bonds PJSC, Aswaaq LLC, and SmartStream Technologies Group Limited, and also sits on the boards of directors of organisations including, among others, Dubai Aerospace Enterprise (DAE) Limited, Kerzner International Holdings Limited, Emirates Investment & Development PSC, the Economic Development Committee of the Executive Council and Dubal Holding.

H. E. Mohammed I. Al Shaibani

H. E. Mohammed I. Al Shaibani

Chairman, Ithra Dubai L.L.C.

His Excellency Mohammed Al Shaibani is the Director General of H.H. The Ruler’s Court, Government of Dubai and the Managing Director of the Investment Corporation of Dubai (ICD).

 

Since 1998, H.E. Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai.

 

In this capacity he was based in London for eight years and he now oversees the functioning of this office from Dubai.

 

H.E. has previously spent four years in Singapore as Managing Director of Al Khaleej Investments and started his career at Dubai Ports Authority and Jebel Ali Free Zone, where he worked for seven years.

 

An Emiri decree issued in 2012 by H.H. Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, reaffirmed Al Shaibani as CEO and Executive Director of ICD, the investment arm that consolidates the assets of the Government of Dubai.

 

A FEW WORDS FROM OUR CHAIRMAN

When considering real estate projects, we think about how we can add to a city’s offering in a way that will enrich the lives of its dwellers. Dubai’s legacy of heterogeneity and open-handedness inspires us to design real estate to make cities more inclusive.

 

We aspire to build communities that are user-centric where the needs of all citizens in all their diversity are met. By focusing on the individual, Ithra Dubai aims to participate in complementing the offering of urban spaces not only with boastful state of the art infrastructure, but also with form and functionality that provide the opportunity for inhabitants to live complete and fulfilled lives, where they are empowered to pursue ambitions and dreams of success and happiness. With our broad expertise and wide geographical reach, we are confident in our ability to bring our vision of harmony and prosperity to life in Dubai and cities across the globe.

Francois Cohas

Francois Cohas

Chief Investment Officer

Francois Cohas is the Chief Investment Officer of the Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, and a member of the Board of Directors of Ithra Dubai.

Before joining ICD in 2020, Francois held senior leadership positions across principal investing, investment management, and investment banking in Asia, Europe, and the United States. His distinguished career includes executive roles at BrightSphere Investment Group, H Plus Capital, HNA Capital International, HNA International, CIMB Securities, the Royal Bank of Scotland (RBS), ABN AMRO, Merrill Lynch, and the global strategy consulting firm Mars & Co.

In addition to his role at Ithra Dubai, Francois has served on the boards of several leading organisations, including Borse Dubai, SmartStream Technologies, and CJ HelloVision, contributing his expertise in investment strategy, corporate governance, and global capital markets.

Francois holds an MBA from Columbia Business School, master's degrees in Aeronautics and Astronautics and Technology and Policy from the Massachusetts Institute of Technology (MIT), a graduate degree in International Economics from the University of Paris I Panthéon-Sorbonne, and an engineering degree from École Centrale Paris.

Executive Committee

Guided by vision and precision, our executive team drives Ithra’s operations, ensuring excellence across every project, process, and partnership.

Issam Galadari

Issam Galadari

Founder, Director and CEO of Ithra Dubai and CEO of Dubai Healthcare City Authority

Issam Galadari

Founder, Director and Chief Executive Officer of Ithra Dubai
Chief Executive Officer of Dubai Healthcare City Authority

Issam Galadari is the Founder, Director, and Chief Executive Officer of Ithra Dubai, a leading real estate development and asset management company. He also serves as the Chief Executive Officer of Dubai Healthcare City Authority, where he leads strategic initiatives that support Dubai's vision for sustainable growth, innovation, and excellence.

With more than three decades of experience in the real estate sector, Issam has built a distinguished reputation for delivering landmark developments and driving sustainable business growth. His leadership has been instrumental in shaping some of Dubai's most iconic destinations, including Burj Khalifa, One Za'abeel, and Atlantis The Royal, projects that have redefined the city's skyline and strengthened its global reputation.

As Real Estate Director at the Investment Corporation of Dubai (ICD), Issam played a pivotal role in establishing and expanding the organisation's real estate portfolio. Earlier, as Chief Executive Officer of Emaar Properties, he led the delivery of landmark developments including Downtown Dubai, Emirates Hills, Emirates Living, Dubai Marina, Arabian Ranches, and Polo Residences.

He also served as Managing Director of Emaar International, where he successfully expanded the company's operations into 11 countries across Asia and North Africa, strengthening its international presence and driving strategic growth.

Since his appointment as Chief Executive Officer of Ithra Dubai in 2015, Issam has continued to shape the future of real estate through visionary leadership. He has overseen the development of landmark destinations, including the skyline defining One Za'abeel and the transformative Deira Enrichment Project, reinforcing Ithra Dubai's commitment to creating iconic developments and vibrant communities.

Issam's leadership extends across Dubai's hospitality and real estate sectors through his roles as Director and Board Member of Nakheel and Director of ICD Hospitality and Leisure. He also serves on the boards of Kerzner International Holdings Limited, Atlantis The Palm Holding Company Limited, and Atlantis The Palm, where he has supported the growth of the globally recognised Atlantis brand, including the development of Atlantis The Royal Resort and Residences.

In addition, he serves as Director of Adriatic Marinas d.o.o., the company behind Porto Montenegro, a landmark waterfront destination and luxury yacht marina that has become one of the Mediterranean's premier lifestyle and maritime developments.

In addition to his current leadership roles, Issam previously served as Chief Executive Officer of Meydan. He has also held board positions across several leading regional and international organisations, including Emaar Financial Services LLC, Emaar Middle East, Emaar Algeria, Emaar Misr for Development (Egypt), Emaar IGO (Syria), Emaar DHA Islamabad Ltd (Pakistan), Emaar Giga Karachi Limited (Pakistan), and Amlak Finance PJSC, contributing to the strategic growth and expansion of the real estate and financial services sectors.

Issam's leadership is further strengthened by his roles as a Board Member of GMICE and PM Holdings LLC, as well as his memberships in the UAE Society of Engineers and the Institution of Civil Engineers (UK). These affiliations reflect his commitment to engineering excellence, innovation, and sustainable development while reinforcing his proven track record of delivering complex, large scale developments, driving long term growth, and creating lasting value.

A Message from Our CEO

"Our projects are built around people, not just structures."

We believe a city's true value lies in the opportunities it creates and the quality of life it offers its communities. Every project we undertake is designed to contribute meaningfully to the city, enrich the lives of those who live and work there, and help people move closer to achieving their aspirations—whether that means owning a home, growing a business, providing better opportunities for their families, or enjoying access to world class amenities and services.

Ithra, the Arabic word for "enrichment," reflects our purpose and philosophy. Every project we create is designed to raise standards, enhance the urban landscape, and enrich the lives of individuals while fostering thriving, sustainable communities. As Socrates observed, "By far the greatest and most admirable form of wisdom is that needed to plan and beautify cities and human communities." This belief continues to inspire our approach to development.

As we build the legacy of tomorrow, we remain committed to creating vibrant, future ready cities that empower people and strengthen communities. At Ithra Dubai, we combine bold ambition with deep respect for our heritage, designing and delivering world class destinations that reflect innovation, sustainability, and excellence. Every project is developed with care for the environment, our communities, and our partners, ensuring a lasting positive impact for generations to come.

Omar Khoory

Omar Khoory

Deputy Chief Executive Officer

Omar Khoory

Deputy Chief Executive Officer, Ithra Dubai

Omar Khoory is the Deputy Chief Executive Officer of Ithra Dubai, a leading real estate development and asset management company delivering iconic projects across the residential, commercial, retail, and hospitality sectors. With extensive leadership experience in real estate, asset management, and destination development, he plays a key role in driving the company's strategic growth and operational excellence.

Prior to joining Ithra Dubai, Omar served as Chief Assets Officer at Nakheel, where he oversaw the management, operations, leasing, and growth of a diverse portfolio spanning retail destinations, mixed use developments, hospitality assets, marinas, and strategic joint ventures. During more than 18 years with Nakheel, he was instrumental in shaping the organisation's long term asset strategy and delivering world class customer experiences.

Omar led the successful expansion of Nakheel's retail and leisure portfolio, attracting internationally recognised brands and establishing strategic partnerships that enhanced Dubai's retail, hospitality, and tourism sectors. His leadership contributed to the launch of landmark destinations including Nakheel Mall, The Pointe, and Circle Mall, while advancing the development of major projects such as Nad Al Sheba Mall, Al Khail Mall, and Meydan Mall.

He also played a significant role in transforming Palm Jumeirah into one of Dubai's premier lifestyle and tourism destinations. Under his leadership, projects including Palm West Beach, Dubai Islands Beach, The Club, and The View at The Palm introduced new concepts that redefined waterfront leisure, dining, and entertainment in the emirate.

Known for his strategic vision and innovative approach, Omar has successfully led major joint ventures, asset optimisation initiatives, and business transformation programmes. He also guided the organisation through significant economic challenges, including the Global Financial Crisis and the COVID-19 pandemic, implementing forward thinking strategies that supported business resilience and accelerated recovery.

A strong advocate for people development, Omar believes that exceptional organisations are built by exceptional teams. He is committed to nurturing talent, fostering a culture of collaboration, and empowering future leaders to deliver sustainable growth and long term success.

A Dubai native, Omar holds a degree in Electrical and Electronic Engineering from City, University of London, and a Leadership and Management certification from Wharton Executive Education at the University of Pennsylvania. He is also a member of the Young Presidents' Organization (YPO), a global leadership community of chief executives and business leaders.

Raad Jarrah

Raad Jarrah

Chief Development Officer

Raad has carved an impressive career across the UAE and the USA which spans over 35 years. He has developed several award-winning landmarks in the residential, commercial and hospitality sectors, including the development of the Index Tower in Dubai, named the best tall building development in the MENA region in 2012. 

 

In addition to his role with Ithra Dubai, Raad frequently shares his insights at regional and international conferences and events and has authored various articles on real estate developments.

Richard Showell

Richard Showell

Chief Financial Officer

Richard Showell is the Chief Financial Officer of Ithra Dubai, where he leads the company’s financial strategy, corporate finance initiatives, and governance frameworks to support the successful delivery of Ithra’s landmark developments and long-term objectives. In addition to his role at Ithra, Richard also holds senior positions within other Dubai Government-related entities, playing a key role in strategic financial transformation initiatives.

Richard has a proven track record in managing complex transactions, debt restructurings, and large-scale asset portfolios with over 20 years’ experience in finance and investment. Prior to joining Ithra, he served as CFO of Limitless and Head of Treasury for Nakheel, where he led the AED6.6 billion restructuring of Limitless and the successful sale of Nakheel’s district cooling assets. He was also a core team member in the multi-billion-dollar restructuring of Meydan.

Earlier in his career, Richard served as Director at Dubai World and Istithmar World, where he advised on high-value asset disposals, along with refinancing and restructuring strategies, across a diverse portfolio.

A qualified Chartered Accountant (ACA), Richard earned his BSc (Hons) in Geography and Sports Science from the University of Birmingham.

Gabriel Von Bonsdorff

Gabriel Von Bonsdorff

Head of Real Estate and Hospitality

Graham Wilson

Graham Wilson

Executive Director - Contract and Procurement

Graham brings with him over 25 years of experience in contracting, procurement, and organization development functions across the GCC, Asia, and Europe. Immediately prior to joining Ithra Dubai, Graham was based in Oman where he was engaged as commercial director on the Muscat International and Salalah airport projects. 

 

He has been in Dubai for 14 years during which time he has held senior contracts and commercial positions within major government institutions and private real estate development companies.

Kristen Angus

Kristen Angus

General Counsel and Company Secretary

Kristen Angus is the General Counsel and Company Secretary of Ithra Dubai, where she leads the company’s legal and compliance function, ensuring alignment between legal frameworks and strategic business objectives across development, leasing, sales, finance, HR, and IT.

 

With over 17 years of post-qualification experience—13 of which have been in the UAE—Kristen plays a pivotal role in enabling the successful delivery of landmark projects such as One Za’abeel and the Deira Enrichment Project. Her expertise includes commercial structuring, contract negotiation, regulatory compliance and litigation management all geared toward operational excellence and long-term value creation. 

Prior to joining Ithra Dubai, Kristen held legal roles at Clyde & Co LLP and Ashurst LLP in the UAE, advising on major real estate, project finance, and infrastructure transactions. She began her career at CMS Cameron McKenna LLP in London, qualifying as a solicitor in England and Wales.

Beyond her core legal remit, Kristen drives the development of corporate policies across areas such as,  data protection, employment and risk management. She also established Ithra Dubai’s legal precedents bank, senhancing legal efficiency and cross-departmental consistencyKristen holds a BA in History and Politics from Durham University and completed her legal training at Nottingham Law School.

Nicholas Andriotis

Nicholas Andriotis

Executive Director - Human Resources

Nicholas brings over 25 years of strategic leadership in human capital development, with a proven track record across diverse industries in the Middle East. As Executive Director Human Resources at Ithra Dubai, he plays a critical role in driving the company’s people strategy, aligning talent development with business growth and long-term organizational goals.

 

Prior to joining Ithra Dubai, Nicholas served as Group CHRO at National Holding, where he spearheaded transformative leadership and talent initiatives across a diversified portfolio. He previously held the roles of Group HR and Corporate Director and Secretary of the Board’s Corporate Governance, Remuneration, and Nominations Committee at Dana Gas PJSC, further strengthening the company’s governance and strategic HR alignment.

 

Earlier in his career, Nicholas held senior HR leadership roles with regional mandates at Universal Sodexo and Royal Dutch Shell in Saudi Arabia. Notably, he played a foundational role in establishing the HR function for a major joint venture between Shell, Total, and Saudi Aramco, while serving on the executive committee of Shell in Saudi Arabia.

 

In addition to his Chartered Fellow CIPD (FCIPD), Nicholas holds certifications in Board Secretarial Practice and ISO accreditations in Compliance MS, Business Continuity MS, and Risk Management. He is widely recognized for building agile HR functions, nurturing resilience, high-performance organizational cultures and championing the development of future-ready leadership across complex and fast-evolving organizations.

Issam Galadari

Issam Galadari

Founder, Director and CEO of Ithra Dubai and CEO of Dubai Healthcare City Authority

Issam Galadari

Founder, Director and CEO of Ithra Dubai and CEO of Dubai Healthcare City Authority

Issam Galadari

Founder, Director and Chief Executive Officer of Ithra Dubai
Chief Executive Officer of Dubai Healthcare City Authority

Issam Galadari is the Founder, Director, and Chief Executive Officer of Ithra Dubai, a leading real estate development and asset management company. He also serves as the Chief Executive Officer of Dubai Healthcare City Authority, where he leads strategic initiatives that support Dubai's vision for sustainable growth, innovation, and excellence.

With more than three decades of experience in the real estate sector, Issam has built a distinguished reputation for delivering landmark developments and driving sustainable business growth. His leadership has been instrumental in shaping some of Dubai's most iconic destinations, including Burj Khalifa, One Za'abeel, and Atlantis The Royal, projects that have redefined the city's skyline and strengthened its global reputation.

As Real Estate Director at the Investment Corporation of Dubai (ICD), Issam played a pivotal role in establishing and expanding the organisation's real estate portfolio. Earlier, as Chief Executive Officer of Emaar Properties, he led the delivery of landmark developments including Downtown Dubai, Emirates Hills, Emirates Living, Dubai Marina, Arabian Ranches, and Polo Residences.

He also served as Managing Director of Emaar International, where he successfully expanded the company's operations into 11 countries across Asia and North Africa, strengthening its international presence and driving strategic growth.

Since his appointment as Chief Executive Officer of Ithra Dubai in 2015, Issam has continued to shape the future of real estate through visionary leadership. He has overseen the development of landmark destinations, including the skyline defining One Za'abeel and the transformative Deira Enrichment Project, reinforcing Ithra Dubai's commitment to creating iconic developments and vibrant communities.

Issam's leadership extends across Dubai's hospitality and real estate sectors through his roles as Director and Board Member of Nakheel and Director of ICD Hospitality and Leisure. He also serves on the boards of Kerzner International Holdings Limited, Atlantis The Palm Holding Company Limited, and Atlantis The Palm, where he has supported the growth of the globally recognised Atlantis brand, including the development of Atlantis The Royal Resort and Residences.

In addition, he serves as Director of Adriatic Marinas d.o.o., the company behind Porto Montenegro, a landmark waterfront destination and luxury yacht marina that has become one of the Mediterranean's premier lifestyle and maritime developments.

In addition to his current leadership roles, Issam previously served as Chief Executive Officer of Meydan. He has also held board positions across several leading regional and international organisations, including Emaar Financial Services LLC, Emaar Middle East, Emaar Algeria, Emaar Misr for Development (Egypt), Emaar IGO (Syria), Emaar DHA Islamabad Ltd (Pakistan), Emaar Giga Karachi Limited (Pakistan), and Amlak Finance PJSC, contributing to the strategic growth and expansion of the real estate and financial services sectors.

Issam's leadership is further strengthened by his roles as a Board Member of GMICE and PM Holdings LLC, as well as his memberships in the UAE Society of Engineers and the Institution of Civil Engineers (UK). These affiliations reflect his commitment to engineering excellence, innovation, and sustainable development while reinforcing his proven track record of delivering complex, large scale developments, driving long term growth, and creating lasting value.

A Message from Our CEO

"Our projects are built around people, not just structures."

We believe a city's true value lies in the opportunities it creates and the quality of life it offers its communities. Every project we undertake is designed to contribute meaningfully to the city, enrich the lives of those who live and work there, and help people move closer to achieving their aspirations—whether that means owning a home, growing a business, providing better opportunities for their families, or enjoying access to world class amenities and services.

Ithra, the Arabic word for "enrichment," reflects our purpose and philosophy. Every project we create is designed to raise standards, enhance the urban landscape, and enrich the lives of individuals while fostering thriving, sustainable communities. As Socrates observed, "By far the greatest and most admirable form of wisdom is that needed to plan and beautify cities and human communities." This belief continues to inspire our approach to development.

As we build the legacy of tomorrow, we remain committed to creating vibrant, future ready cities that empower people and strengthen communities. At Ithra Dubai, we combine bold ambition with deep respect for our heritage, designing and delivering world class destinations that reflect innovation, sustainability, and excellence. Every project is developed with care for the environment, our communities, and our partners, ensuring a lasting positive impact for generations to come.

Omar Khoory

Omar Khoory

Deputy Chief Executive Officer

Omar Khoory

Deputy Chief Executive Officer

Omar Khoory

Deputy Chief Executive Officer, Ithra Dubai

Omar Khoory is the Deputy Chief Executive Officer of Ithra Dubai, a leading real estate development and asset management company delivering iconic projects across the residential, commercial, retail, and hospitality sectors. With extensive leadership experience in real estate, asset management, and destination development, he plays a key role in driving the company's strategic growth and operational excellence.

Prior to joining Ithra Dubai, Omar served as Chief Assets Officer at Nakheel, where he oversaw the management, operations, leasing, and growth of a diverse portfolio spanning retail destinations, mixed use developments, hospitality assets, marinas, and strategic joint ventures. During more than 18 years with Nakheel, he was instrumental in shaping the organisation's long term asset strategy and delivering world class customer experiences.

Omar led the successful expansion of Nakheel's retail and leisure portfolio, attracting internationally recognised brands and establishing strategic partnerships that enhanced Dubai's retail, hospitality, and tourism sectors. His leadership contributed to the launch of landmark destinations including Nakheel Mall, The Pointe, and Circle Mall, while advancing the development of major projects such as Nad Al Sheba Mall, Al Khail Mall, and Meydan Mall.

He also played a significant role in transforming Palm Jumeirah into one of Dubai's premier lifestyle and tourism destinations. Under his leadership, projects including Palm West Beach, Dubai Islands Beach, The Club, and The View at The Palm introduced new concepts that redefined waterfront leisure, dining, and entertainment in the emirate.

Known for his strategic vision and innovative approach, Omar has successfully led major joint ventures, asset optimisation initiatives, and business transformation programmes. He also guided the organisation through significant economic challenges, including the Global Financial Crisis and the COVID-19 pandemic, implementing forward thinking strategies that supported business resilience and accelerated recovery.

A strong advocate for people development, Omar believes that exceptional organisations are built by exceptional teams. He is committed to nurturing talent, fostering a culture of collaboration, and empowering future leaders to deliver sustainable growth and long term success.

A Dubai native, Omar holds a degree in Electrical and Electronic Engineering from City, University of London, and a Leadership and Management certification from Wharton Executive Education at the University of Pennsylvania. He is also a member of the Young Presidents' Organization (YPO), a global leadership community of chief executives and business leaders.

Raad Jarrah

Raad Jarrah

Chief Development Officer

Raad Jarrah

Chief Development Officer

Raad has carved an impressive career across the UAE and the USA which spans over 35 years. He has developed several award-winning landmarks in the residential, commercial and hospitality sectors, including the development of the Index Tower in Dubai, named the best tall building development in the MENA region in 2012. 

 

In addition to his role with Ithra Dubai, Raad frequently shares his insights at regional and international conferences and events and has authored various articles on real estate developments.

Richard Showell

Richard Showell

Chief Financial Officer

Richard Showell

Chief Financial Officer

Richard Showell is the Chief Financial Officer of Ithra Dubai, where he leads the company’s financial strategy, corporate finance initiatives, and governance frameworks to support the successful delivery of Ithra’s landmark developments and long-term objectives. In addition to his role at Ithra, Richard also holds senior positions within other Dubai Government-related entities, playing a key role in strategic financial transformation initiatives.

Richard has a proven track record in managing complex transactions, debt restructurings, and large-scale asset portfolios with over 20 years’ experience in finance and investment. Prior to joining Ithra, he served as CFO of Limitless and Head of Treasury for Nakheel, where he led the AED6.6 billion restructuring of Limitless and the successful sale of Nakheel’s district cooling assets. He was also a core team member in the multi-billion-dollar restructuring of Meydan.

Earlier in his career, Richard served as Director at Dubai World and Istithmar World, where he advised on high-value asset disposals, along with refinancing and restructuring strategies, across a diverse portfolio.

A qualified Chartered Accountant (ACA), Richard earned his BSc (Hons) in Geography and Sports Science from the University of Birmingham.

Gabriel Von Bonsdorff

Gabriel Von Bonsdorff

Head of Real Estate and Hospitality

Gabriel Von Bonsdorff

Head of Real Estate and Hospitality

Graham Wilson

Graham Wilson

Executive Director - Contract and Procurement

Graham Wilson

Executive Director - Contract and Procurement

Graham brings with him over 25 years of experience in contracting, procurement, and organization development functions across the GCC, Asia, and Europe. Immediately prior to joining Ithra Dubai, Graham was based in Oman where he was engaged as commercial director on the Muscat International and Salalah airport projects. 

 

He has been in Dubai for 14 years during which time he has held senior contracts and commercial positions within major government institutions and private real estate development companies.

Kristen Angus

Kristen Angus

General Counsel and Company Secretary

Kristen Angus

General Counsel and Company Secretary

Kristen Angus is the General Counsel and Company Secretary of Ithra Dubai, where she leads the company’s legal and compliance function, ensuring alignment between legal frameworks and strategic business objectives across development, leasing, sales, finance, HR, and IT.

 

With over 17 years of post-qualification experience—13 of which have been in the UAE—Kristen plays a pivotal role in enabling the successful delivery of landmark projects such as One Za’abeel and the Deira Enrichment Project. Her expertise includes commercial structuring, contract negotiation, regulatory compliance and litigation management all geared toward operational excellence and long-term value creation. 

Prior to joining Ithra Dubai, Kristen held legal roles at Clyde & Co LLP and Ashurst LLP in the UAE, advising on major real estate, project finance, and infrastructure transactions. She began her career at CMS Cameron McKenna LLP in London, qualifying as a solicitor in England and Wales.

Beyond her core legal remit, Kristen drives the development of corporate policies across areas such as,  data protection, employment and risk management. She also established Ithra Dubai’s legal precedents bank, senhancing legal efficiency and cross-departmental consistencyKristen holds a BA in History and Politics from Durham University and completed her legal training at Nottingham Law School.

Nicholas Andriotis

Nicholas Andriotis

Executive Director - Human Resources

Nicholas Andriotis

Executive Director - Human Resources

Nicholas brings over 25 years of strategic leadership in human capital development, with a proven track record across diverse industries in the Middle East. As Executive Director Human Resources at Ithra Dubai, he plays a critical role in driving the company’s people strategy, aligning talent development with business growth and long-term organizational goals.

 

Prior to joining Ithra Dubai, Nicholas served as Group CHRO at National Holding, where he spearheaded transformative leadership and talent initiatives across a diversified portfolio. He previously held the roles of Group HR and Corporate Director and Secretary of the Board’s Corporate Governance, Remuneration, and Nominations Committee at Dana Gas PJSC, further strengthening the company’s governance and strategic HR alignment.

 

Earlier in his career, Nicholas held senior HR leadership roles with regional mandates at Universal Sodexo and Royal Dutch Shell in Saudi Arabia. Notably, he played a foundational role in establishing the HR function for a major joint venture between Shell, Total, and Saudi Aramco, while serving on the executive committee of Shell in Saudi Arabia.

 

In addition to his Chartered Fellow CIPD (FCIPD), Nicholas holds certifications in Board Secretarial Practice and ISO accreditations in Compliance MS, Business Continuity MS, and Risk Management. He is widely recognized for building agile HR functions, nurturing resilience, high-performance organizational cultures and championing the development of future-ready leadership across complex and fast-evolving organizations.

Awards and Certificates

Recognized for quality, innovation, and sustainable design.

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ISO 9001

Quality Management System

ISO 14001

Environmental Management System

Guinness World Record

Longest Cantilevered Building

ISO 45001

Occupational Health & Safety Management

ISO 551001

Asset Management System

ISO 41001

Facility Management System

ISO 9001

Quality Management System

ISO 14001

Environmental Management System

Guinness World Record

Longest Cantilevered Building

ISO 45001

Occupational Health & Safety Management

ISO 551001

Asset Management System

ISO 41001

Facility Management System

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Governance & Ethics

At Ithra Dubai, we uphold the highest standards of corporate governance and ethical conduct, ensuring transparency, accountability and long-term value creation for all stakeholders. At Ithra Dubai, we are committed to the highest standards of governance, ethics, and integrity in all that we do. As a wholly owned subsidiary of the Investment Corporation of Dubai (ICD), our governance framework is built on transparency, accountability, and responsible leadership. These principles guide our decision-making, protect stakeholder interests, and ensure long-term value creation across our portfolio of pioneering real estate assets.

Responsible for reviewing and refining our governance policies, ensuring board effectiveness, and guiding succession planning and director development.

The Audit Committee comprises four Board members. It oversees Ithra Dubai’s financial reporting and audit processes, our systems of internal control and risk management, and our monitoring of compliance with applicable standards, laws and regulations. The Committee also has oversight of the Company’s ESG-related activities, ensuring that sustainability and social responsibility are embedded in every decision.

Guided by our Code of Ethics, we demand integrity, respect and professionalism in every interaction. Whether in procurement, development or community engagement, our people and partners operate under clear ethical standards designed to protect our reputation and the interests of our investors, tenants and the communities we serve.

As a wholly-owned subsidiary of the Investment Corporation of Dubai, we maintain rigorous internal controls and regular governance reviews. We continually assess and refine our policies to remain fully compliant with UAE regulations and global best practices, reinforcing our role as a trusted steward of Dubai’s most iconic assets.

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