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UAE Freezones Biz News Updates
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Cityscape: Realty sector to lead Dubai's economy, says Shaikh Mohammed
Concluding his visit, Shaikh Mohammed bin Rashid expressed his happiness for
rapid increase in the exhibitors' numbers that registered 30 per cent rise
compared to the 2014 session.
 Shaikh
Mohammed and Shaikh Hamdan, along with higher officials, visiting Cityscape
Global 2015, which concluded at the Dubai World Trade Centre on Thursday.
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime
Minister of the UAE and Ruler of Dubai, accompanied by Shaikh Hamdan bin
Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, visited Cityscape
Global 2015, held at Dubai World Trade Centre, on Thursday.
Shaikh Mohammed along with Lt-General Musbeh bin Rashid Al Fattan, Director
of the Office of Vice President and Prime Minister of the UAE and Ruler of
Dubai; Khalifa Saeed Suleiman, Director-General of the Protocol and
Hospitality Department in Dubai; and Helal Saeed Al Marri, CEO of Dubai
World Trade Centre and Director-General of the Department of Tourism and
Commerce Marketing in Dubai, toured the exhibition at which more than 300
international, regional and local companies displayed their latest real
estate projects in the development and tourism industry sector.
A number of major developers in the UAE were present at the event, with
market leaders including Emaar, Dubai Properties, Nakheel, Meydan, Meraas,
Damac, Dubai South, Union Properties and Deyaar showcasing their latest
portfolio of projects to regional and international investors.
UAE's major developers presented their mega projects including Meydan One, a
residential, leisure and hospitality destination by Meydan, 1/JBR, a luxury
residential development by Dubai Properties, and Culture Village, a
waterfront promenade, retail and residential district with open spaces,
walkways and pedestrian bridges.
Concluding his visit, Shaikh Mohammed bin Rashid expressed his happiness for
rapid increase in the exhibitors' numbers that registered 30 per cent rise
compared to the 2014 session.
Shaikh Mohammed considered this increase to be a clear indicator on the
vibrant development of UAE's real estate market and assure the accuracy of
Dubai's future vision. Shaikh Mohammed affirmed that this growth in Dubai's
real estate market would play significant role in the welfare of UAE
citizens and residents.
He added that the real estate market is expected to lead other sectors in
Dubai's economy, including tourism, and will have positive impact on the
emirate's cultural and social scene. Shaikh Mohammed affirmed his support
for all the developmental projects carried out by local developers.
Shaikh Mohammed welcomed the new projects that will open new job
opportunities for youth and provide quality life for Dubai's residents.
Sept 11, 2015
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Courtesy Khaleej Times
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