Dubai-based developer DAMAC Properties seeks to pump new investments abroad, Arabian Business reports.
DAMAC is “keeping an eye” on Malta as part of its plan to expand its international investment portfolio, Arabian Business quoted chairman Hussain Sajwani as saying.
This comes after a tour of the island-nation and a private meeting of Sajwani with Maltese Prime Minister Dr. Joseph Muscat.
“Malta presents an ideal mix of investment benefits that make it a very attractive place for luxury and hospitality developers,” Sajwani says, adding that he “is continuing to seek out strategic investments overseas that will enable DAMAC to expand its global footprint beyond the Middle East region”.