Skip to Navigation | Skip to Content



Breaking News - Morocco

Bookmark and Share Send to friend Discuss on CityscapeConnect.com RSS Feed   All RSS feeds

Azizi commits to delivery of projects

20 Nov 2008

Azizi commits to delivery of projects
Azizi Investments announced it is committed to completing all of the projects it is involved with and would look to assist buyers affected by the global economic downturn.

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.

ADNFCR-1127-ID-18886593-ADNFCR

Login


forgotten password

Find A Company

Weekly Email News Round-up

Related news by topic

Indian real estate, one of the better performing markets across the world
02 Sep 2010 Indian real estate, one of the better performing markets across the world. Modest rise in tenant dem...

Read more »

Rental Homes Are Still In Demand
02 Sep 2010 Dubai is passing through the phase of economic down break which has lowered the rates of property. S...

Read more »

Commercial Property Investment Is Beneficial
01 Sep 2010 Along with residential property, investment in commercial property can also be profit generating Dub...

Read more »