Memar receives Fastest Growing Hospitality Project Developer Award

Memar Development and Investment Company, the Riyadh-based real estate development leader in Saudi Arabia, received the award for Fastest Growing Hospitality Project Developer – Saudi Arabia for 2023, given by the UK’s International Finance Magazine to establishments that demonstrate excellence in real estate development projects.

The award was received by Memar Managing Director and CEO Eng. Abdul Aziz al-Muqrin at a ceremony held at Jumeirah Emirates Tower in Dubai an attended by leaders from major business enterprises in the Gulf, the Middle East, and a number of countries of the world.

«معمار» تتسلَّم جائزة "مطورو مشاريع الضيافة الأسرع نموا"

This award follows Memar’s achievements in developing the Saudi hospitality sector and the introducing several hotel and entertainment brands in several Saudi cities.

The Fastest Growing Hospitality Project Developer – Saudi Arabia award is one of the real estate awards, which recognize institutional excellence in residential and commercial real estate and are awarded to establishments that successfully deliver valuable products to enrich the experiences of their customers.

Memar Chairman Mr. Naif bin Saleh Alrajhi expressed his happiness with this achievement, saying, “This testifies to the level of excellence Memar has achieved in providing hotel brands that enrich the experiences of its customers.”

Memar Managing Director and CEO Eng. Abdul Aziz al-Muqrin said: “This achievement is the first product of Memar’s updated strategy, which is based on expanding and diversifying the investment portfolio by expanding investment in real estate that increases the added value of the company. I also thank our staff for their exceptional efforts that brought the company this accolade.”

«معمار» تتسلَّم جائزة "مطورو مشاريع الضيافة الأسرع نموا"

The International Finance Awards honor leading business endeavors in several finance and business sectors, relying on a governance mechanism and a qualified jury. They are awarded each year, and the winners are announced in an annual ceremony held in major business hubs around the world.

These awards are given by International Finance Magazine, the premier business and finance magazine published by the UK’s International Finance Publications Limited.

 

 

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