|Niall Mc Loughlin||YES|
DAMAC Properties showcases latest property launches at the 86th annual Thessaloniki International Fair
- DAMAC is participating at the United Arab Emirates’ pavilion, along with other significant UAE-based enterprises
- The UAE nabbed the prestigious ‘honoured country’ title this year
- DAMAC is among the most integral pieces of the UAE success story
Dubai, UAE, 15 September 2022: DAMAC Properties is pleased to be participating in the 86th annual Thessaloniki International Fair in Greece where the honoured country this year is the United Arab Emirates.
The UAE is leaving its mark on this year’s week-long event, which is taking place from September 10-18, participating at Pavilion 13 with a significant number of enterprises and entities, including DAMAC Properties.
The Dubai-based property developer, which was established in 2002, has been an integral part of the UAE development story, as its unique towers have shaped Dubai’s skyline. The developer success in Dubai, bolstered by Dubai’s economic performance this year, has propelled it to expand regionally and globally and now has projects across the Middle East, Europe and North America, with more than 42,000 completed homes and 28,000 in development.
“We are thrilled to be participating in this global and prestigious fair and standing side by side the most successful enterprises of the UAE. The story of DAMAC’s success runs in tandem with the UAE’s success story and we continue to be inspired and guided by our visionary leaders who have set such a great example for us to follow,” Niall McLoughlin, DAMAC Senior Vice President said.
DAMAC is showcasing its latest property launches including Cavalli Tower, a 70-storey ultra-luxurious tower in Dubai Marina overlooking Palm Jumeirah branded by Italian fashion icon Roberto Cavalli, as well as its third master development, DAMAC Lagoons, a water-inspired community themed on eight popular tourist destinations on the Mediterranean Sea.
It is also exhibiting its Safa One and Safa Two tower projects branded by luxury Swiss Jeweller de GRISOGONO. These towers will offer residents stunning views of the Dubai Canal, Burj Al Arab and Palm Jumeirah.
The renowned world fair, which hosts more than 1,500 exhibitors from Greece and foreign countries, each year chooses one of the most interesting markets in the global economy to be the ‘honoured country’. This year, the United Arab Emirates nabbed the prestigious slot.
“Taking into account the importance of approaching new markets, this year’s event welcomes the United Arab Emirates through the institution of the honoured country, giving the opportunity to the two nations to strengthen their historical ties of friendship, together with the incentive for further development of bilateral trade, investment and cultural relations,” read a statement on TIF’s website.
DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom.
Since then, the company has delivered approximately 42,000 homes. Joining forces with some of the world’s most eminent fashion and lifestyle brands, DAMAC has brought new and exciting living concepts to the market in collaborations that include a golf course by The Trump Organization, and luxury homes in association with Versace, Cavalli, Just Cavalli, de GRISOGONO, Paramount Hotels & Resorts, Rotana and Radisson Hotel Group. With a consistent vision, and strong momentum, DAMAC Properties is building the next generation of Middle Eastern luxury living.
DAMAC places a great emphasis on social responsibility. In June, DAMAC Group signed an MoU with Knowledge Fund to support the Dubai Schools project by providing scholarship funding worth AED 20 million for Emirati students’ tuition fees starting in the 2022-2023 academic year. The agreement aims to help achieve the objectives of Dubai Schools, which include providing a state-of-the-art educational experience for a new generation of students to keep pace with the ever-evolving requirements of the future job market. Additionally, the Hussain Sajwani-DAMAC Foundation was part of the ‘Fresh Slate’ initiative in collaboration with the Dubai Police General Headquarters aimed at aiding detainees in Dubai’s Punitive and Correctional Institutions who have been charged with petty offences.
HSDF has also pledged Dh5 million for the 1 Billion Meals initiative launched by Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum at the start of Ramadan 2022, aimed at providing meals to underprivileged communities in 50 countries across the world.
DAMAC also supported the vision of Sheikh Mohammed to train one million Arab coders in creating an empowered society through learning and skills development, an initiative that successfully wrapped up in May 2022.
Visit us at www.damacproperties.com