DOHA, Qatar, December 23, 2012 /PRNewswire –
Recognizing immense standing in the construction and real estate sector, The Wall has won yet another international recognition and has been declared as a market leader by Capital Finance International.
Declaring the recognition, CFI.co has said that The Wall has set a global example in property development. It has further said that The Wall has been facilitating the progress of Qatar through the delivery of consistently high quality projects with a strict focus on key areas of development.
Based in United Kingdom, CFI (Capital Finance International) is a reputed print journal and online resource reporting on business and finance. Capital Finance International provides news, analysis and commentary on the emerging markets. This leading business magazine addresses economic, political and business factors affecting markets and help identify regions, industry sectors and companies that will succeed.
Established around a decade ago by renowned philanthropist and business leader Dr. Naseer Homoud, “The Wall” offers most diversified products comprising residential, commercial/IT parks, retail, hotels, amusement parks and Special Economic Zones. Having started the journey in a modest way, The Wall is now establishing new standards in the industry. While development of residential projects and integrated townships including low housing projects in several countries of Middle East are primary focus areas, the Wall is also working on various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution.
Dr. Homoud, a Jordanian, was recently placed at 84th position in Construction Week’s annual Power 100 listing by Arabian Business, a regional business journal. He was placed among the giants of the construction and real estate industry of Middle East region including Bakr Bin Ladin, chairman of the Saudi Bin Ladin Group (SBG), Said T. Khoury, chairman and president of Consolidated Contractors Company (CCC), and the Arabtec chairman Riad Kamal. He was also ranked on 53rd position in 2012 Arabian Business Power 500 – The World’s Most Influential Arabs List. This year he was also awarded with CEO (Middle East) Award by ITP Group in recognition of his business caliber.
Paying glowing tribute to the management style, Capital Finance International has stated, “it is inspirational – encouraging and achieving work that conforms to the very highest international standards… and this Corporate Leader has shown its concern for the communities it serves through an admirable corporate social responsibility programme.”
Besides, consolidating its position in Qatar by bringing its business plans in accordance with National Vision for Qatar-2030, The Wall is now set to enter United Arab Emirates, Saudi Arabia and Jordan.
The Wall would concentrate on providing residential units in Saudi Arabia for its residents while in UAE; the focus would be on luxury buildings.
In accordance with the vision of its founder Dr. Homoud, The Wall endeavors to harmonize architectural style of its buildings in conformity with Arab culture and address the weather elements of the region by adequately planning for protection against solar radiations and manage proper lighting.
The Wall is also concentrate on affordable housing sector. The company is also looking for realization of real estate projects in its founder’s native country Jordan. With a large pool of over 600 thousand Jordanian expatriates, The Wall has approached the Jordanian government to allot sufficient land for realization of dream project. The Wall has taken up this project without profit motive. The project would address the twin needs of providing good housing facilities for the expat Jordanians and, at the same time, providing gainful employment opportunities for thousands of Jordanians who are living in their motherland.
SOURCE: The Wall for Investments & Real Estate Development WLL