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'Business as usual' at Palm Jebel Ali for Azizi

United Arab Emirates: Monday, December 01 - 2008 at 14:57
PRESS RELEASE

Azizi Investments, one of the Gulf's fastest growing real estate developers, announced that it was 'business as usual' on its projects at Palm Jebel Ali following Nakheel's statement yesterday regarding scaling back of projects.

Azizi Investments' Palm Jebel Ali developments are on Crescent A and Crescent E, where work by Nakheel is "continuing as planned" according to the statement.

Azizi Investments is developing five projects on Palm Jebel Ali; Azizi Fontanne, Azizi Diamond, Azizi Crystal and Azizi Platine on Crescent A, and Azizi Onyx on Crescent E.

Mr. Merwiss Azizi, Founder and Chairman of Aziz Investments, comments:

"Azizi Investments is committed to delivery of every project on schedule. Our clear focus is on quality of design, quality of build and outstanding customer service. While we understand the need for Nakheel to scale back its projects in the current economic climate, we are very pleased that this does not affect our progress. We are also moving forward with our projects at Al Furjan and Mina Rashid, other Nakheel projects which also remain unaffected."

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Related site: http://www.aziziinvestments.com

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About Azizi Investments

Founded in October 2007 by Mr. Merwiss Azizi - Azizi Investments is one of the region's fastest growing private property developers. Azizi Investments is a Dubai-based multi-national property developer specialising in the development of residential communities, commercial properties, hotels and resorts.

The company's mission is "to be partners with our clients in fulfilling their property needs of any scale and kind. To build residential and commercial properties of the highest quality standards that present lucrative investment opportunities to our international clients all over the world."

For more information, please contact:
Azizi Investments
Steve Nosrat - Marketing Director
Tel: + 971 4 310 8060

Posted by Ehab Al-Abbadi
Monday, December 01 - 2008 at 14:57 UAE local time (GMT+4)

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'Business as usual' at Palm Jebel Ali for Azizi

Azizi Investments, one of the Gulf's fastest growing real estate developers, announced that it was 'business as usual' on its projects at Palm Jebel Ali following Nakheel's statement yesterday regarding scaling back of projects.

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