Georgian Prime Minister, DAMAC Properties founder discuss cooperation

Georgian Prime Minister Irakli Kobakhidze on Tuesday met with Hussain Sajwani, the founder of one of the world’s largest investment companies DAMAC Properties.

The meeting focused on Georgia’s strong economic growth indicators and the successful operations of major investment companies from the United Arab Emirates in the country.

The parties emphasised Georgia’s favourable business environment and investment opportunities, including the potential for investment in the hospitality and real estate sectors, as well as the dynamic growth of the tourism sector.

Both sides expressed mutual interest in future cooperation.

The DAMAC Group is a leading hotel and real estate developer in the Middle East, operating in 15 countries, with annual revenues exceeding $4 billion and employing more than 4,000 people.

The meeting was attended by Mariam Kvrivishvili, the Minister of Economy and Sustainable Development of Georgia, Georgian Justice Minister Paata Salia, and Levan Zhorzholiani, the Head of the Georgian Government Administration.