In a clear demonstration of the United Kingdom’s attractiveness as a long-term destination for foreign direct investment, DAMAC International has secured a development financing package of $229.4 million (GBP175 million) for London’s landmark project, DAMAC Tower at Nine Elms. The partnership marks a major vote of confidence in the United Kingdom, at a time of heightened political and economic uncertainty.
DAMAC Properties, in coordination with the Dubai Sports Council, is excited to announce that it will host its first ever cyclethon event on March 20 at its largest community, AKOYA.
Hussain Sajwani, Chairman of Damac Properties, said, ‘We continue to endure the effects of the global COVID-19 pandemic’
Around 105 players took part in the games with 200 residents and spectators cheering their teams on from the stands. Damac Hills, Akoya and GM office teams were big winners in the football competition.