Tameer president to step down

Founder of Tameer Holding Omar Ayesh said on Sunday he would step down as president, handing the reins of the company to its executive managers.

“It’s high time the company’s executive managers take over the responsibilities of the daily management of the firm, and follow up the plans laid by the company’s board of directors,” Ayesh said in a statement.

“I am confident that the highly skilled personnel whom we have appointed in the company will carry out these duties efficiently and professionally."