Dubai Investments names new COO and acting CFO

Dubai Investments has appointed Mushtaq Masood (LinkedIn) as its new chief operating officer, and Nishant Shah (LinkedIn)as acting chief financial officer, effective from 1 July 2025, according to a bourse disclosure (pdf). Masood is the firm’s CFO, and his previous roles include CFO of Septech Holdings and positions at Cupola Group, and Adnoc Distribution. Shah is currently Dubai Investments’ finance director, and he previously held leadership positions at KPMG Lower Gulf.

Hany Mahmoud Farag submitted his resignation as CEO of the National Corporation for Tourism and Hotels (NCTH), effective today, according to a bourse disclosure (pdf). The move comes as Farag retires. The statement did not specify a successor.