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25 April 2024

Sheikh Hamdan inaugurates Cityscape Global

Published
By Wam

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Monday morning, inaugurated the three-day Cityscape Global exhibition, which is being hosted by the Dubai World Trade Centre.

Sheikh Hamdan bin Mohammed toured the exhibition halls and learnt about the most important real estate, tourism and entertainment projects being executed by national and international companies. Nearly 300 real estate companies and specialised entities from within and outside the country are participating in this annual event in its 16th edition.

Sheikh Hamdan stopped at a number of pavilions of companies exhibiting their current and future projects and heard their plans to contribute to developing this vital sector, which forms the main axis in achieving economic stability for various sectors and members of the community.

Sheikh Hamdan visited the pavilions of IMKAN Properties LLC, Majid Al Futtaim Properties LLC, Aldar Properties PJSC – Abu Dhabi, Dubai Holding, Dubai Investments Real Estate Company, Meraas Development LLC, Nakheel PJSC, Falcon City of Wonders LLC and Damac Properties. He viewed the models and maps of residential, tourism, and entertainment projects being developed by these companies. He also interacted with the directors of these companies and learnt the strategic plans that they employ for the execution of these massive projects.

Expressing his satisfaction with the efforts made by these national companies, he stressed the importance of this sector in supporting the national economy, diversifying its sources, and expanding it locally, regionally and internationally. He said Dubai is considered one of the leading cities in the world in this field and is the favoured destination for regional and international investors.

Sheikh Hamdan also viewed a huge model of the integrated community, District 2020, while visiting the Expo Dubai 2020 pavilion. After the end of the international event in the first quarter of 2021, the space will be utilised to create a heritage hub.

He further underlined the promising future, which awaits the UAE during and after the Expo 2020 Dubai that is expected to attract millions of visitors and investors. They will learn about the capabilities of the country in general and Dubai in specific. This is essential to guarantee economic returns to investors especially in light of the logistical facilities that they will enjoy, as well as the stability, security and safety of open markets in the Middle East and North Africa, and South-East Asia.

Sheikh Hamdan was accompanied by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group and Chairman of the Higher Committee of Expo 2020 Dubai; Sheikh Saeed bin Maktoum bin Juma Al Maktoum; Ali Rashid Lootah, Chairman of Nakheel PJSC; Saeed Humaid Al Tayer, Chairman of Meydan Group LLC; Abdullah Ahmed Al Habbai, Chairman of Dubai Holding and Meraas Development LLC; Helal Saeed Almarri, Director-General of Dubai's Department of Tourism and Commerce Marketing and Director-General of the Dubai World Trade Centre Authority.