Dubai’s DAMAC Properties to develop Oman’s $1 bln waterfront

Source: Al Arabiya

DAMAC Properties has signed an agreement with Oman to develop a port in the country’s capital city Muscat as a tourism destination, Dubai’s second-largest listed developer said on Wednesday.

DAMAC signed a memorandum of understanding with Oman’s Tourism Development Company (Omran) to develop Port Sultan Qaboos.READ MORE

Hussain Sajwani: The Donald of Dubai

Source: Estates Gazette

Hussain Sajwani wants to have a candid discussion. A chat about property, yes. But also a frank conversation about the reality of doing business transparently in the UAE, his concerns around the western “misconception” of the Middle East and his “aggressive” plans to invest millions of pounds into London over the next 12 months. The chairman of Dubai-based residential real estate giant DAMAC Properties – the man often referred to as the “Donald of Dubai” – is ready to talk about it all.READ MORE