UAE-based DAMAC Properties has announced the appointment of Amit Puri MRICS as Vice President Leasing for its retail and residential assets.
In his role, he will handle the entire P&L of DAMAC Retail and Residential leased assets with a focus to establish DAMAC as a strong retail player in the region. He will also be responsible for developing the new territories for DAMAC in Iraq, Saudi Arabia, Lebanon, Qatar and Jordan as well as enhancing the productivity and valuation of the assets in United Arab Emirates.
This is his second stint in the Gulf region, since he moved to the UAE seven years ago. Puri comes with over two decades of experience of working in the field of real estate with brands such as Ivanhoe Cambridge, McArthur, RMZ, Cushman & Wakefield and DLF in leadership positions, all along formulating innovative strategies and opening up new revenue channels for stakeholders.
Founder of DAMAC Properties, Hussain Sajwani made a $599 million offer this month to buy out minority shareholders in DAMAC Properties, which he has run for nearly two decades. However, he has now postponed efforts to take the firm private after the Securities and Commodities Authority (SCA) launched a review of the transaction.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BRevolutionising retail: How RetailGPT is shaping the future of shopping malls
Times Square Center: Building community through more than retail
/ 
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
The regional grocery retail market is becoming more and more diverse, offering
/ 
Deliveroo has taken a new move and recently started ‘Deliveroo Shopping’. In
“If a woman is empowered, her family is empowered. Her children are
An exclusive piece by retail industry expert Dr Martyn Davies for IMAGES
Being Human Clothing was founded in 2012 to further the objective of
During the first half of the year, period ending June 30, 2023,
The Dubai Jewellery Group – City of Gold recently announced the ‘Glittering
Dubai’s outdoor multicultural leisure, entertainment and shopping destination Global Village has revealed
The May 2023 edition of Dubai’s bi-annual mega sale, the Three Day
Jeddah-headquartered organisation Nafisa Shams Company, under the Community Jameel Saudi Foundation, has
Recently Prince Turki bin Talal Al Saud, Prince of the Asir region
Previous Article
