Dubai, UAE – Arenco Real Estate, part of A.A. Al Moosa Enterprises and one of the largest local developers in the UAE, has been named in the Top 100 Real Estate Companies in the Middle East.
The annual award organized by Forbes Middle East was held to honour the top business leaders within the real estate industry and was attended by some of the regional heavyweights. 80 developers and 20 real estate consultants were recognized for their contributions to the regional economy.
Arenco Real Estate was recognised as one of the Top 10 Unlisted Developer in the Middle East by Forbes Middle East, citing its contribution to shaping the region’s real estate industry.
Mr Nayef Al Moosa, Director ARENCO Real Estate accepted the prestigious award at a gala event organised to celebrate the accomplishments and successes of leading innovators in real estate.
“The Middle East real estate industry is one of the fastest growing sectors across the world and we are expecting continued growth of the sector as the market is achieving more stability. It is a great honour to be recognised for our contribution in shaping this industry. We will keep on contributing to its development to further strengthen the reputation of Dubai and the UAE as a leader in the real estate industry,” commented Al Moosa.
ARENCO Real Estate was founded in 1975 and has built its reputation for superior quality, excellent services and open book integrity in residential housing, commercial, retail, and office development markets.
Earlier this year, ARENCO had unveiled three luxurious properties located at the Palm namely Hilton The Palm, TAJ Exotica Resort & Spa and Marriott The Palm. These properties will contribute an additional 1,500 rooms and suites to the current inventory of hotel rooms in Dubai and will increase the company’s portfolio to a total of 4730 rooms.
Arenco also owns other hotel properties in the region which are managed by leading international hospitality chains such as Hilton International, Marriott International, Whyndam International, Taj and IHG as well as its Local Brand Golden Sands Hotel Apartments..
-Ends-
About Arenco Real Estate:
ARENCO Real Estate is a local private real estate development company founder in 1975 with the mission of providing thoughtful, innovative passion for building better properties in Dubai. With a hands-on approach to managing the details of the development process from property design, through construction and managing the firm, it has built a reputation for superior quality, excellent services and open book integrity. The company is experienced in residential housing, commercial, retail, and office development markets.
For more information please contact:
The Idea Agency - PR Department
Tel: 04-3927700 Fax: 04-3927858 E-mail: pr3@tia.ae
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
