Emirates Stallions Group (ESG), based in Abu Dhabi and a subsidiary of International Holding Company, has recently announced the launch of Royal Development Holding, marking an exciting new chapter in its real estate ambitions. This innovative move consolidates various specialized real estate entities under one umbrella, driving growth and enhancing the group’s presence in the competitive property development market.
Unification of Real Estate Development Entities
Royal Development Holding represents a strategic collaboration among multiple established real estate development firms, including Royal Development Company (RDC) and Royal Architect Project Management (RAPM). This unified entity is poised to introduce additional companies that will strengthen its position and capabilities within the market.
A Legacy of Excellence
This new venture builds on the 15-year legacy of RDC, facilitating a transformative phase for ESG as it aims to deepen its engagement throughout the real estate value chain. By integrating boutique real estate development expertise, ESG plans to provide comprehensive solutions that enhance living experiences while supporting its long-term growth aspirations.
Visionary Leadership
Kayed Ali Khorma, the CEO of ESG, remarked, “Our subsidiary Royal Development Company has been the trusted force behind managing over 60 iconic projects in more than 15 countries across the globe. We are now evolving the Royal Development name and scope of work by launching Royal Development Holding, a visionary boutique developer that will create lifestyle-driven communities to nurture growth, transform the everyday experience, and shape the future of living.”
Commitment to Sustainable Development
The new entity is set to be a forward-thinking boutique developer, emphasizing a commitment to creating ecosystems that seamlessly blend functionality, well-being, and sustainability. The goal is to establish vibrant developments that will redefine the concept of intelligent living.
Tariq Nazzal, General Manager of Royal Development Holding, added: “We continuously enhance our performance and expand our activities by listing several of the group’s real estate development and project management companies under Royal Development Holding. This aligns with our vision of constant growth and transformation.”
Since its inception in 2008, Emirates Stallions Group has grown into a multifaceted provider of manpower supply, staff accommodation solutions, and real estate services across the globe. Its expansion now spans more than 20 countries across the Middle East, Asia, Africa, Europe, and the Americas, solidifying its position as a key player in the construction, development, and hospitality sectors.