imported 2024-03-17 17:43:08
CEO of Al ZorahAl Zorah development is worth 220 billion U.A.E. dirham ($59.9 billion) will be a 12-kilometer squared self-contained city with housing, offices, retail, schools, hospitals and leisure facilities, including marinas and a number of 5-star resort hotels completed in different phases and within a time frame of seven to 15 years.
CEO of Azizi Investments and Marketing Director of Azizi InvestmentsThe report by EFG-Hermes estimates that more than 100,000 new apartments will hit the market by 2008 alone and that the total supply of housing in Dubai will double by 2010.
Patrick W. Antaki, General Manager of Le Meridien Al Aqah In the long term it’s going to impact Fujairah in a pretty serious way. Already in the short term, it’s not even built and already people are talking about moving their houses from Dubai to Fujairah because of the differences in rent. If you imagine people arriving here to this hotel, at the Meridien Al Aqah, they have to come through the Dibba side and that takes about an hour and a half time.
CEO and Director General of RAK Free Trade Zone Read more – RAK Free Trade Zone RAK Free Trade Zone the future is that the RAK Free Trade Zone will grow and tin he future RAK Free Trade Zone will have many specialized industries and many specialized management parks that will diversify from logistic parks to business parks to ship yards and the yacht parks. It will be specializing where each industry will have its own management.
COO of Sharjah Islamic BankWe have witnessed a remarkable growth rates since transformation, and we have seen huge demand in our recent capital increase through the right issue, which shows that our shareholders as well as our customers have a great confidence in our performance, and the potential for growth in the future.
CEO of Daman Investments On the annual basis, after the downturn of 2006, Dubai general index recovered well and gained 43.7% to reach 5931.95 points at the end of 2007.
Stephan Baker, General Manager of Dr. Sulaiman Al Habib medical center Apart from first world service! I think that’s one of the main expectations everyone is expecting world class medical service. To be licensed as a Doctor in the UAE you have to reach a certain and that standard is raised in the Medical City. Because it is a free zone it has its own regulations which in my opinion are more stringent that those of the rest of the country.
Managing Director of Clipsal Middle East, Pierlite Middle East We are talking about almost $ 3 trillion in the construction industry in the next 5 to 10 years in the region. The investment regions have already started. I think it is very difficult to hold it in the middle, adding the industry boom activity and expansion.
Interview with Mahmood Ebraheem Al Mahmood
Within the UAE, Abu Dhabi owns the lion’s share of oil and gas– 95 percent and 92 percent, respectively. As a result, with US$ 63,000, Abu Dhabi is ranked third in the world in terms of GDP per capita (ahead of Switzerland, but behind Luxemburg and Norway). “I think the appeal of Abu Dhabi is that it represents about 60% of the economy of the UAE”, says Michael H. Tomalin, Chief Executive (CE) of National Bank of Abu Dhabi (NBAD), the largest bank in Abu Dhabi . NBAD’s major shareholder is the state. Only 30 percent of NBAD-stocks are listed at the Abu Dhabi Exchange and this is representative for most UAE banks.
