Business | Property

Zabeel starts company to run property business

Zabeel Investments on Tuesday launched its new property development company, Zabeel Properties

  • Staff Report
  • Published: 00:36 March 5, 2008
  • Gulf News

Dubai: Zabeel Investments on Tuesday launched its new property development company, Zabeel Properties.

Zabeel Properties takes over Zabeel Investments existing Dh15 billion ($5 billion) property portfolio which includes projects currently located in Dubai and the UAE. Its launch as a standalone entity will enable Zabeel Properties to focus and expand on its growth in property development in the UAE and overseas.

Unveiling the new company, Mohammad Ali Al Hashimi, executive chairman of Zabeel Investments, said, "In establishing the Zabeel Properties brand, we have an existing business and a leadership team that will now work to enhance our position as a quality and responsible developer."

Al Hashimi also appointed Robert Norton as CEO of Zabeel Properties. Norton previously held the post of executive director, development, at Zabeel Investments.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

Property

Gulf News
Gulf News classifieds
  5. Browse all jobs
  5. Browse all cars
  6. Browse all properties
  5. Browse all classifieds
Popular in Business
Business Editor's choice
Mortgages: there's light at the end of the tunnel
Banking

Mortgages: there's light at the end of the tunnel

UAE buyers are securing home loans again

Popular in GNTV
Popular in Pictures