The British chief executive of Dubai developer ASGC Real Estate has left the company after it shelved all new developments for at least a year. George Grant was hired to launch ASGC Real Estate in July last year by parent company Al Shafar General Contracting (ASGC), one of the largest UAE contractors. Grant, who has worked in the UAE for 15 years and previously led Currie & Brown's operations in the region, has moved to contractor Drake & Scull International as operations director of infrastructure, water and power in the Middle East and north Africa. Grant said he left ASGC Real Estate owing to "a difference of opinion over the way forward" in the slowing market in Dubai. ASGC said it had now closed the real estate division, although it will keep going with four existing schemes and plans to return to developing in a year or two. The parent company also said it had cut 370 jobs.
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机译:迪拜开发商ASGC Real Estate的英国首席执行官在将所有新开发项目搁置至少一年后离开了该公司。母公司Al Shafar总承包商(ASGC)是阿联酋最大的承包商之一,乔治·格兰特(George Grant)于去年7月受雇为其推出ASGC房地产。格兰特(Grant)在阿联酋工作了15年,之前曾领导Currie&Brown在该地区的业务,现在已移交给承包商Drake&Scull International,担任中东和北非基础设施,水和电力的运营总监。格兰特(Grant)表示,由于迪拜市场放缓,“在前进道路上存在分歧”,他离开了ASGC房地产公司。 ASGC表示,它已经关闭了房地产部门,尽管它将继续执行四个现有计划,并计划在一两年内恢复开发。母公司还表示已裁员370人。
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