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Azizi commits to delivery of projects
20 Nov 2008
The firm said that although many regions within the Gulf Cooperational Council, including Dubai and its developers have been impacted by the crisis, the market place has strong fundamentals and should suffer less than others.
Merwiss Azizi, founder and chairman of Azizi Investments, said: "It is our goal to be flexible, to help buyers affected by the current situation."
"We know that this situation will change. We are not here to make people's lives harder and we know that Dubai will recover quicker than other markets," he added.
However, the company's own strategy of growth may be adjusted considering the current worldwide markets and it may adopt a wait-and-see to developing new projects.
Meanwhile, Azizi Investments has completed the second phase of its property launches at Al Furjan with the firm finishing its Feirouz One and Feirouz Three developments.
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