H.H. Sheikh Majid bin Mohammed bin Rashid Al Maktoum lauds Memon Investments during 'Vision of Dubai' festivities

The prestigious event, which was organised by the Ministry of Defence, formed part of the celebrations marking the first year of ascension of H.H Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and H.H. Sheikh Maktoum bin Mohammad bin Rashid Al Maktoum, Deputy Ruler of Dubai. The developer participated as the main Gold Sponsor of the commemorative event.

Memon Investments was recognised for its commendable Corporate Social Responsibility (CSR) initiatives, which has made a significant impact in the overall progress of Dubai as a leading economy that plays a substantial role in the international community.

The developer was awarded a plaque as a token of acknowledgement for its ongoing initiatives within Dubai, which is highlighted by its active involvement in the BurJuman 'Safe and Sound Campaign' against Breast Cancer. The developer's focus on CSR is in line with the Memon Group's involvement with various charitable causes outside of the UAE, including the Rabia Charitable Foundation and the Rabia Relief Fund, which it has actively supported for the past 19 years.

Ahmed Shaikhani, Managing Director, Memon Investments, said:

"Our commitment to the development of Dubai continues to be one of the foremost driving forces that push us to strive for excellence - both in our property developments and our CSR initiatives."

"In addition, our support for this prestigious event underlines our loyalty to the present and future leaders of Dubai, and to the emirate itself, as we aim to undertake more projects that are in line with the Dubai Government's vision for this great nation. It is truly an honour to be recognised for our efforts, and rest assured that we will invest further in socially-relevant initiatives," Shaikhani added.

Memon Investments has successfully established itself as a leading name in property development in the UAE by leveraging the rapid growth of the local and regional real estate sector through the launch of ambitious projects, which have gained widespread distinction for their unique concepts and high quality standards. At present, the developer has a portfolio of projects valued at close to Dhs1.34bn, which includes amongst others - four towers within Dubai Sports City (DSC) under the 'Champions Tower' banner in addition to the 'Frankfurt Sports Tower I'.

Rizwan Shaikhani, Joint Managing Director, Memon Investments said, "We are proud to have contributed to Dubai's success as the business and financial centre that it is today. With construction progressing rapidly on our projects, we are looking forward to the prompt delivery and hand-over of our residential and commercial units. Today, we are focused on building our portfolio to match that of leading property developers across the globe in terms of design achievement and financial returns potential."