Omer Alvie’s Post

Amira Sajwani, Senior Vice President – Operations at DAMAC Properties, is in charge of day-to-day operations across DAMAC Properties says : “We are the only company in the Middle East & GCC who have paid down total debt by 30% in the last 12 months. This was paid by cash from operations, and this is a sign of strong cash flow generation and sensible balance sheet management. We have increased our collections, cut our receivables and controlled operational costs even as we see the emergence of risky, long-term customer payment plans that are available in the market today. Our strategy has always been dependent on market conditions, and being an agile organisation, we are able to switch gears easily and adapt based on the needs of the market.” ..... Hats off Amira Sajwani this is indeed an extraordinary achievement under any circumstances. Previous Post : #Students in the #UAE can now apply to obtain #permits for #training and work in the private sector, the country’s Ministry of Human Resources and Emiratisation has announced <<<< https://lnkd.in/gFSKBvF >>>>