Sheikh Mohammed briefed on mega projects

Sheikh Mohammed briefed on mega projects

Vice President tours major developments at Cityscape Abu Dhabi, UAE capital’s
real estate event of the year

United Arab Emirates Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum was briefed yesterday (Monday 20 April 2009) on progress on major multi-billion dollar development projects across the emirates and further afield.

He received the briefings during an extensive visit to Cityscape Abu Dhabi, which runs until Wednesday (22 April 2009) at the Abu Dhabi National Exhibition Centre (ADNEC) and brings together investors, architects, designers, developers, government authorities and key decision makers involved in the design and construction of public and private real estate developments.

Sheikh Mohammed listened intently to briefings on projects planned and underway by the exhibiting companies that included Mubadala, Abu Dhabi Urban Planning Council, Al Ain Municipality, Al Maabar, Falcon City Dubailand, Capitala, Al Qudra, Tamhouh, Reem, Aldar, Iskandar, the Abu Dhabi Tourism Development and Investment Company, Dubai World Central, Al Markaz, Sorouh, ICT and Al Manazal.

“Cityscape Abu Dhabi is seen this year as the benchmark for the real estate investment industry in the region,” said Mark Goodchild, Exhibition Director with Cityscape organisers IIR Exhibitions. “The presence of His Highness Sheikh Mohammed following yesterday’s inauguration by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, further demonstrates the importance Cityscape has gained as a showcase for infrastructure development in the UAE.”

The show - the real estate event of the year for the UAE capital - is bigger than last year despite the market downturn and covers nine halls and the atrium of the ADNEC with more than 40,000 square metres of exhibition space. More than 300 companies from over 30 countries are participating with virtually all major developers represented.

Running alongside the exhibition is the Real Estate Finance and Investment Conference, featuring more than 100 speakers from the world’s leading finance, investment and real estate companies. The conference will be a forum for in-depth discussion of current market challenges.

Cityscape Abu Dhabi 2009 has received widespread backing from industry leaders. Headline sponsor is Mubadala Real Estate and Hospitality; Platinum sponsors are Aldar, Sorouh Real Estate, Al Qudra Real Estate, The Land Real Estate Investment and Development Company, Qatari Diar Real Estate Investment Company, and Burooj Properties; Investment sponsor is Abu Dhabi Investment House; Associate sponsor is the Abu Dhabi Department of Municipal Affairs. Gold sponsor is Tameer and Al Maabar; Silver sponsors are Aqaba Development Corporation and HSBC. The sponsor of the Real Estate Finance and Investment conference is Brand Experience. International Broadcasting Partner is CNN International and regional broadcasting partner is Al Arabiya.

For more details about Cityscape Abu Dhabi, please visit www.cityscapeabudhabi.com