Dubai’s Damac mulls property investment in Malta
Originally published in Arabian Business (link below)
Company chairman says EU country is destination that ‘we are keeping an eye on’
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.