Tourism Enterprises Co. (Shams) on appointed Nader Al-Nasser as the acting chief executive officer for one year starting from Aug. 2, the company said in a bourse statement on Sunday.
The new appointment came after the company decided to suspend former CEO, Abdul Hamid Al Tareef, who was referred for investigation.
Al-Nasser has an experience of over 20 years. He has recently served as the managing director of Batic Investments and Logistics Co, the statement added.
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