Dubai’s Damac mulls property investment in Malta

 In Business, Investment, Real Estate
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Originally published in Arabian Business (link below)

Company chairman says EU country is destination that ‘we are keeping an eye on’

Hussain Sajwani, Damac’s chairman.

Dubai-based developer Damac is “keeping an eye” on Malta as it looks to expand its international investment portfolio.

Damac chairman Hussain Sajwani said he sees Malta as a favourable investment destination, following a tour of the island-nation and a private meeting with Maltese Prime Minister Dr Joseph Muscat.

The two discussed the increasing growth of tourism in the EU-member country and Malta’s historical appeal as business-friendly investment location.

Sajwani said in a statement: “Malta presents an ideal mix of investment benefits that make it a very attractive place for luxury and hospitality developers looking to expand into the EU zone.

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