Damac wins developer award

by ArabianBusiness.com staff writer Saturday, 06 January 2007

Private developer Damac Properties has won the ‘Best Residential Developer’ award at the inaugural IREF ME 2006 awards.

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UK-based, ICG (Islamic Conferences Group) presented the IREF ME Awards to institutions for their excellence and contribution to the real estate market within the GCC region.
“Damac Holding has grown into a major regional player in a wide variety of businesses with 6,000 employees in 18 countries. We launched Damac Properties four years ago, and today, the property company has grown tremendously to become the Middle East’s leading prominent private sector developer,” said Hussain Sajwani, chairman, Damac Group.



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