Ezdan Holding Group (EHG) has been chosen the “Second top real estate developer in the Arab world”, based on the annual ranking held by Forbes Middle East magazine. 
The ranking evaluates the most prestigious companies in real estate, one of the fastest-growing sectors in the area. 
Furthermore, EHG came second among the top Arab companies listed in the financial market. The top 40 listed real estate developers have a combined market value of $90.5bn, revenues of $18.1bn, assets worth $126.5bn and profits of $5.1bn as per Forbes ranking.
Ezdan Holding Group CEO Ali al-Obaidli expressed satisfaction at the group’s ability to maintain a prominent place in the global ranking, “which is a reliable benchmark in companies’ performance evaluation in different sectors, not just real estate.”  
Al-Obaidli said Ezdan Holding Group had been operating in the real estate sector for more than 55 years, and has since demonstrated a proven track record of success in various sub-activities of the real estate sector. Spearheading these activities is the residential sector, with up to 22,000 units, which have already been put in the local market, as well as about 6,000 units that will be gradually opened in the upcoming stages of Ezdan Oasis project.
Among the group’s sub-activities within the real estate sector, he said are hotels, with about 3,800 four and five star units, spread over three hotels — Ezdan Hotel West Bay, The Curve (to be officially inaugurated soon), as well as Ezdan Palace Hotel, featuring a unique luxurious oriental character.  “Such hotels are defined as an engine of growth in the hospitality and tourism sector in the State,” al-Obaidli said.  
The Group CEO also said the Ezdan Holding Group activities have extended to include one of the most prestigious sectors in the country-malls. Retail and entertainment are among the key catalysts of global economy. 
The group has recorded a “remarkable success” by launching its first project in this sector — Al Gharafa Mall in Al Wakrah and Al Wakair, in mid-April 2014.


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