Khoie Properties announce the appointment of new CEO
12/12/2010 3:11 pm EDT


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This appointment is truly great news for everyone involved in La Hoya Bay and will ensure Al Marjan Island becomes the destination of choice it deserves to be.”

Mr. Riddoch was formally CEO of Damac Properties, the largest Property Development Company in the region and most recently CEO of the diverse Egyptian real estate Amer Group,which also owns hotels, restaurants, malls, a catering firm, a utilities company and other businesses.

Mr. Riddoch commented: “I am delighted to be joining Khoie Properties and to work closely with the Chairman Mr. Frank Khoie whose vision, marketing and entrepreneurial acumen is well known in UAE. La Hoya Bay is a world class resort development in the fast expanding Emirate of Ras Al Khaimah.”

Mr.Khoie will fill the role of Executive Chairman of Khoie Group. “Now that La Hoya Bay is in such capable hands I will have the time needed to grow Khoie Group and to assist with the wider infrastructure challenges which Al Marjan Island faces. Al Marjan Island has to succeed for La Hoya Bay to be a success and vice versa. Peter’s appointment brings us one step closer to making this happen.”

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