Home LevantLuxury’s new empire

Luxury’s new empire

by Executive Staff

Emerging on the scene in 2005, Saraya Holdings has undeniably raised the bar of development companies throughout the Middle East. Recently crowned the “Fastest Growing Company” in the region by Arabian Property Magazine, Saraya has reason to be proud. As a relatively new real estate development and asset management company, Saraya boldly invests in travel and tourism. Saad Hariri — owner of Saraya Holdings — says the aim of Saraya is that it “seeks to support the economic growth of the countries it invests in by developing projects that maximize shareholders’ value and contribute to the sustainable development of local communities.” Saraya strategically partners with both the private and public sectors in order to fully utilize and contribute to the local communities where it invests. Owned by Saad Hariri and run by CEO Ali Kolaghassi, Saraya holds numerous subsidiaries under its umbrella divided into Saraya Destinations, Saraya Services, Millennium Development

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