Company: Damac Properties
Biography: Peter Riddoch is CEO of Damac Properties, the largest private sector developer in the UAE.
Riddoch joined Damac in August 2003 as general manager. After training as a quantity surveyor at the Glasgow College of Building, he began his career in property development as a trainee with the UK’s George Wimpey. He now oversees one of the most successful residential, leisure and commercial developers in Dubai and the Middle East, and the company is expanding rapidly into North Africa, Jordan, Lebanon, Qatar and the Far East.
The company’s portfolio includes properties spread across 450 million square feet and worth more than $18bn. Damac Properties is a subsidiary of Damac Holdings, the multi-billion-dollar conglomerate headed up by Hussain Sajwani.
The UK is a major new market for the developer and in total it has 10 offices, with its new headquarters opening up in Canary Wharf in London.
Contact: (+9714) 332 2005
Company website: www.damacproperties.com/