Dubai Royal Family member Sheikh Ahmed Dalmook Al Maktoum’s office has signed a Memorandum of Understanding (MOU) with the Defence Housing Association (DHA) Karachi to develop ultra high-end golf view villas overlooking the newly built golf course in DHA City Karachi.
The Office of Sheikh Ahmed Dalmook Al Maktoum, Member of the Dubai Royal Family, United Arab Emirates (UAE), signed the deal at a ceremony here witnessed by His Highness Sheikh Ahmed Dalmook Al Maktoum, General Babar Iftikhar, Corps Commander 5 Core, President DHA and former DG ISPR, and business partner Mr. Fakhr-e-Alam.
The project will be completed by AMWAJ Developers from the United Arab Emirates (UAE) on the internationally designed Nick Faldo Golf Course in DHA City Karachi.
The MOU outlines the commitment of providing state of the art ultra-high-end ultra luxury villas as per the highest international standards, said a press release. AMWAJ will develop this Project, in collaboration with D.H.A. City Karachi, which will facilitate in ensuring that the development is done as per the highest international standards on the world renowned Nick Faldo Golf Course.
A statement said, “Having the experience in completing various international commercial and infrastructure projects globally, the Office of His Highness is keen on expanding its investments in Pakistan and bringing foreign direct investment.”
It continued, “The Office is also developing various other Projects in Pakistan, such as developing state of art high-end luxury apartments in partnership with D.H.A Lahore, measuring an area of 50 Kanals in Sector K of Phase 5, DHA Lahore. In the energy sector the office is developing an 1100 MW Green Hydrogen project through its London (AIM listed) company Oracle Energy. Similarly, in the health sector, the office is working closely with the Ministry of Health (MOH) to develop first of kind plasma products in Pakistan.”
It added, “This strategic partnership between DHA City Karachi will pave the way for further strengthening the existing bilateral relationship between the two brotherly countries. This will also help drive economic growth, create more jobs and further boost the real estate sector especially in D.H.A. City Karachi.”
United Arab Emirates Dirham Exchange Rate
