Hydra Properties CEO Dr. Sulaiman Al Fahim met earlier with Dr. Nasser Shahir Homoud, the Qatari firm's CEO and UN Ambassador of Goodwill, to discuss initiatives to support a number of United Nations humanitarian programs. However, the meeting revolved around the said corporate social responsibility scheme and no agreement or alliance pertaining to conducting business or seizing investment opportunities in the region was forged with Wall Investment.
Wall Investments however did present to Dr. Al Fahim a number of property development project ideas which he promised to take into consideration.
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Hydra Properties denies any JV formation with Qatari based Wall Investment Company
- United Arab Emirates: Tuesday, November 18 - 2008 at 15:18
- PRESS RELEASE
Hydra Properties, the leading UAE-based international property development company, has officially denied reports stated in today's Qatari and Jordanian newspapers and some online media on an alleged formation of a partnership or joint venture with Wall Investment & Real Estate Development, a Qatar-based real estate investment firm.
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About Hydra Properties:Hydra Properties is a privately owned company, established in 2006 in Abu Dhabi, the capital of UAE. The company was established with a vision to provide the UAE, Middle East and the world with unprecedented development concepts which are reflected in the company's various landmark projects. Since inception, the company has embraced the best international building criteria and has introduced fresh concepts in design and materials.
At Hydra Properties there is a firm belief in the humanizing factor. Real estate is not only about space, steel and concrete but is actually a living organism. That is why we always aspire to create spaces that nurture and accommodate the human side of real estate.
Hydra Properties does not only see itself as only a real estate development company. Hydra Properties has clear social commitments and responsibilities. Hydra never misses an opportunity to give back to society through its endless community activities in the areas of cultural awareness, support to sport activities and providing major community service through its active and ongoing role in supporting health, education and social institutions.
Hydra Properties has rapidly expanded in the UAE with several mega projects in Abu Dhabi and Dubai. Relentless efforts have allowed it to expand globally into Mexico, where it has developed 'Hydra Waves', one of the finest luxury projects in North America.
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Posted by Rana MesbahTuesday, November 18 - 2008 at 15:18 UAE local time (GMT+4)
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