Media firm partnership for Dubai investment property firm
December 5, 2008 by OPPE News
photo credit: bettyx1138
A Dubai property investment company has signed an agreement with a media and marketing agency as it looks to expand operations across the UAE.
Dubai Dreamz has teamed up with AMG Worldwide as it bids to strengthen interest in its development projects.
The company is involved in schemes in Ajman and Dubai and is planning to plough another $800 million into Abu Dhabi schemes next year.
It hopes to offer “high and safe returns” to customers and investors through its “unique” opportunities.
On the AMG Worldwide partnership, Dubai Dreamz said:
“This strategic partnership will strengthen international relations for both companies, as well as present many opportunities for growth and development.”
The company’s expansion comes as many deveopers in the UAE look to slow or scale down growth due to the credit crunch.
Earlier this month state-owned Nakheel announced it was making around 15 per cent of its workforce redundant, equivalent to about 500 jobs.
Dubai Dreamz’ partnership with AMG Worldwide is a statement of intent in otherwise uncertain times for the Dubai property market.
AMG already has the likes of hoteliers and luxury brand on its books and specialises in media planning, public relations and research.
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