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Thursday, November 12 - 2009

Saraya Gold Sponsor for Cityscape Dubai

The largest international real estate platform in the world 'Cityscape' is due to take place in Dubai on 4-6 December.

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The premier property investment and development event is now the largest of its kind, attracting more than 392 exhibitors representing the biggest real estate development, investment, finance, and construction companies from 85 countries in addition to 50,000 visitors including key investors and businessmen, property developers, architects, designers as well as economic and real estate specialists.

The three day real estate exhibition and conference comprises of 25 different sessions through which 75 experts will cover the economic, business and real estate sectors. Mr. Ali Kolaghassi, Vice Chairman and CEO of Saraya, will participate in one session under the title of Build it and they will come which focuses on the belief in the unique attractions and developing of areas into destinations by putting the infrastructure in place, demand will grow as supply becomes abundant. In addition, Saraya Aqaba will be presented within a different session which discusses regional leading projects.

Saraya's participation in this worldwide event at its second consecutive year as a gold sponsor comes through occupying one of the prime locations within the exhibition. This year, Saraya will display a 460 square meter master plan of Saraya Aqaba project, a project surrounded by a man-made lagoon located in the heart of Aqaba city, Jordan. In addition, it will display the Saraya Islands project, located in Ras Al Khaimah, UAE. Sales for Saraya Aqaba's residential units including Grand Villas, Villas, and apartments will take place as well throughout the exhibition. Moreover, the opportunity to reserve a residential unit deposit for Saraya Islands project will be permitted for the first time.

"We are eager to have a strong presence that reflects our position, vision and our distinctive understanding of development in this aspect during this international real estate exhibition" said Mr. Ali Kolaghassi Vice Chairman and CEO of Saraya.

"This exhibition will provide us with a golden opportunity to interact with investors, suppliers and specialists in the field in order to highlight the latest developments and distinguished services that we will be providing within our projects",


he added.

Cityscape has increased its exhibition space by 130% in comparison to last year's event through which 97% of the exhibitors have succeeded in achieving their goals since the visitors attending represented 98% of the target audience needed. At the same time 99% of the exhibitors showed interest in participating in Cityscape 2007.
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Notes and media contacts

Saraya Holdings, Limited.
Saraya Holdings is a real estate and tourism development company established in 2005. The majority of the company's shares are owned directly by the Chairman of the Board of Directors, Sheikh Saad Rafic Hariri.

Saraya Holdings seeks to support the economic growth of the countries it invests in through developing projects that achieve the highest revenues for investors and contribute to the local communities' sustainable development.

According to an expansion plan within the MENA region, Saraya Holdings is currently implementing Saraya Aqaba project in Jordan and is planning three other projects so far: Saraya Dead Sea in Jordan, Saraya Islands in UAE, and a third project in Oman, all are being established through strategic cooperation with local authorities and investors, and through collaboration with the public and private sectors.

Saraya selects undiscovered rich natural sites and develops them into tourist destinations, implementing its vision in creating "cities within cities". Saraya's vision focuses on establishing a group of luxury hotels, retail and entertainment facilities, alongside leisure and sport facilities, in addition to superb residential units' set-up on natural shores or man-made lagoons. Saraya's projects are created according to the highest international standards, and comply with the desires of business and leisure.

Part of its mission, Saraya seeks to preserve the natural environment and local cultures and promotes these cultures too. To achieve the highest standards of quality, Saraya engaged Saudi Oger Ltd as the exclusive contractor for its projects in the region.

For further information please contact:
Dimah Khalili
Media Communication and PR Manager
Saraya
P.O. Box: 815321
Amman 11180, Jordan
Tel: +962 6 5505444
Fax: +962 6 5561738

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