Despite the recent spate of cutbacks in the region, resulting from the global financial crisis, the investment and real estate development company, Tanmiyat Group, has announced that all of its projects will be going ahead and that it has no plans to lay off any of its employees.
The firm is confident that it is progressing on a positive path despite the current market slump, according to senior company officials.
Mr. Abdullah Al Majed, Vice Chairman of Tanmiyat Group, said, "The global economic crisis that is looming large over us all has had a profound effect on various markets throughout the world. At a time like this, we feel it is vitally important to maintain productivity, not only for the sake of boosting our clients' and investors' confidence, but also to ensure that the jobs and futures of our employees are safeguarded."
Tanmiyat has established long-term good relationships with its employees. Should any crises arise, communication, support and advice will be available to all staff to help them perform and deliver efficiently.
Tanmiyat Group's ground-breaking projects in the Middle Eastern real estate sector include the Living Legends in Dubailand, the Commercial Heights project in Dubai's Business Bay and the $3 billion Ajman Marina development.
Originally based in Saudi Arabia, Tanmiyat's success has seen the firm expand beyond the borders of its home country and establish operations throughout the Middle East and beyond.
Source: SAHARA Communications