Muhammad Al-Abbar submitted his resignation from his position as a member of the Board of Directors of Aramex, and the company explained in its disclosure to the Dubai Financial Market that the resignation was due to personal circumstances.
It is worth noting that Alabbar owns investment companies, in August 2016 it bought a combined stake of 16.45% in Aramex, distributed on Levent Logistics 9.9%, and Java Investment 6.53% .
Al-Abbar holds various positions, including the Chairman of Emaar Real Estate Company and General Manager of Gulf Investments, and sits on the boards of directors of several institutions in Dubai.
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