Officials at Damac Properties recently announced that the company had plans to launch its third Saudi Arabian branch office in the future.
The company, which is expected to invest an estimated $5 billion in Saudi Arabia, is also reportedly negotiating for land in prime areas of the Kingdom including Jeddah and Riyadh according to Khaleej Times.
"We have already opened two office in the kingdom, and plan to open our third office soon," said Hussain Sajwani, Chairman and founder of Damac Holding Group.
