Economy Local November 14, 2024

Landeelac Plans $1 Billion Investment in UAE

Landmark, in retail and hospitality, announced on Tuesday its intention to invest $1 billion (3.67 billion dirhams) in the UAE, aiming to boost economic growth and job creation.


Landeelac Plans $1 Billion Investment in UAE

Landmark Company, specializing in various retail and hospitality sectors, announced on Tuesday its plan to invest one billion dollars (3.67 billion dirhams) in the development of its business over the next five years.

This strategic decision is aimed at strengthening the company’s position in the market and expanding its presence both within the Emirates and beyond their borders. Under this plan, Landmark aims to develop not only existing brands but also introduce new concepts to the market.

Landmark’s strategic director emphasized: "We see great potential for growth and innovation in various sectors and hospitality. Our significant investment plan is designed not only to strengthen our position in the global market but also to diversify our portfolio to meet the demands of the modern consumer."