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29 September, 2013

Qatar Coral bags 'Best Residential of the Year' Award

Albert Kittaneh, Advisor to the MD receiving the award

Albert Kittaneh, Advisor to the MD receiving the award

Developers of VB22 & VB23, Viva Bahriya, The Pearl-Qatar receive recognition at prestigious Arabian Business Achievement Awards Qatar 2013

Doha, Qatar - 29 September, 2013: Qatar Coral for Real Estate Development LLC - the foremost real estate developer and home provider of choice on The Pearl-Qatar - has been recognized for its iconic residential development - VB22 & VB23, Viva Bahriya - with the 'Best Residential of the Year' award by the prestigious Arabian Business Achievement Awards Qatar 2013.

At an elegant gala awards ceremony held at the Grand Hyatt hotel in Doha, Qatar Coral was in the company of 16 other distinguished and deserving awardees, and Mr. Albert Kittaneh, Advisor to the Managing Director was on hand to receive the award.

"Qatar Coral is extremely pleased and proud for this award," said Mr Ziad El-Khalil, Director of Qatar Coral. "This recognition is a clear manifestation and reflection of our uncompromising commitment towards maximising the value of real estate investments of customers through the creation of sound investment opportunities that present profitable returns.

"As builder of homes and developers of communities that set the benchmark and standard for luxury living, our focus on originality and distinction while emphasizing on timeless sophistication and style, has helped build our credibility and integrity in the market for customers, investors and financial institutions to trust us," he added. "And for that, we wish to thank Arabian Business magazine and its publishers, ITP Publishing, for recognizing all our hard work and dedication in faithfully delivering to the market all that we've promised to deliver."  

The Arabian Business Award is a premier event in the regional business calendar, which consistently attracts and honours the biggest names in the Gulf business community. Each year, the awards celebrate the very best in business achievement - both on a corporate and individual level - and have been hosted in Kuwait, Jordan, Kingdom of Saudi Arabia and the UAE.

-Ends-

About Qatar Coral:
Qatar Coral for Real Estate Development L.L.C, is the foremost real estate developer and home provider of choice on The Pearl-Qatar. Dedicated to creating sound investment opportunities that present profitable returns, Qatar Coral is the builder and developer of VB22 & VB23. As a provider of the finest apartments in the best addresses in  Doha Qatar, Qatar Coral builds homes, establishes communities and sets the benchmark and standard for luxury living. Focusing on originality and distinction Qatar Coral emphasises on timeless sophistication and style while offering innovative, world-class quality service excellence.

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Qatar Coral for Real Estate Development L.L.C is a 100% subsidiary of MAK Holdings S.A.L in Lebanon - a family business that spans over three generations of the El-Khalil family (MAK Holdings has conducted business for over a century in seven countries around the world, mainly in Nigeria, Tanzania, Ghana, Kenya, Qatar, Lebanon and the United Kingdom). Its focus on Qatar's burgeoning property market is supported by shareholders who injected over QAR 300 million in paid up capital and shareholders' funds into the company.

For any further information, visit us at: www.qatarcoral.com

For media enquiries please contact:
Elise Zwein, Action Qatar
Tel:       +974 44361499
Email: elise.z@actionprgroup.com

© Press Release 2013