The Emirati Estesmarat Magazine honours Hamid Al Rajawi, Chairman of New Event Developments Company, with the Knight’s award of Achievement in the real estate development sector in the Middle East and North Africa on 2022, Invest-Gate reports.

Al Rajawi is honoured among 45 Arab business leaders who best anticipate the future of the real estate investment sector in the Middle East in 2022.

They are recognized for their efforts in the real estate sector in the Egyptian market.

The magazine also grants New Event Developments the shield of the most credible company in gaining clients’ confidence for the year 2022 for unprecedented sales in 2 projects.

Commenting on that, Al Rajawi expresses his happiness with this distinguished honour, pointing out that his company is considered the first Yemeni Gulf company to work as a real estate developer in the New Administrative Capital.

He adds that the company was established to provide a quantum leap in the field of construction and high-end architectural design, across a thoughtful vision that was gained as a result of accumulated experiences in the field of real estate development.