The purpose of the meeting was to maintain communications with Kuwaiti investors, agents and the business community at large.
The event was attended by H.E. Engineer Salah Al Shamsi, Chairman of the Abu Dhabi Chamber of Commerce and Industry and H.E. Ali Mohamed Al Ghanem, Chairman of Kuwait Chamber of Commerce and Industry and other senior Kuwaiti business personalities. Sorouh's Vice Chairman & Managing Director, Mr. Faris Suhail Al Yabhouni welcomed guests while Hilmi Ghosheh, Business Planning Manager discussed investment opportunities in Sorouh's projects.
"At Sorouh Real Estate, we realize that investors and partners are the life blood of our company. We will continue to work very hard at trying to keep all our investors at home and abroad informed about our projects," said Mr. Faris Suhail Al Yabhouni.
Sorouh achieved over AED 4.7 billion of sales in its first 17 months of operations suggesting that the efforts to win over investors are bearing fruit. With construction well underway on the infrastructure of Shams Abu Dhabi and Sky Tower, there was much to impress the visiting delegation.
Added Al Yabhouni, "At Sorouh, we have stated a clear vision - to provide life in perfect balance in our communities. With this vision, we have been able to attract leading architects, designers and consultants to participate in all our projects. Furthermore, we have secured partnerships with leading regional developers, gaining a reputation for innovative, decisive and effective action. We believe that these are qualities that will attract the best investors locally and internationally."
Browse
related articles
Sorouh hosts Kuwaiti business delegation
- United Arab Emirates: Tuesday, April 10 - 2007 at 09:25
- PRESS RELEASE
Related content
Sorouh Real Estate, Abu Dhabi's leading real estate developer showcased its latest projects such as Shams Abu Dhabi, Sky Tower, and Golf Gardens to officials and members of a high ranking Kuwaiti business delegation in a dinner presentation held recently.
Article Options
Log in to request more information from Sorouh Real Estate
Posted by Medilyn Manibo, Assistant News EditorTuesday, April 10 - 2007 at 09:25 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Tue May 01 2007.
Notes and Media Contacts »
About Sorouh Real Estate
Sorouh Real Estate is the leading real estate development company in Abu Dhabi.
Sorouh was established on June 26, 2005 with a capital of AED 2.5 billion.. Today it is one of the largest Abu Dhabi based, real estate developer listed on the Abu Dhabi Securities Market with a market cap close to approximately AED 6.9 Billion and is one of the most widely held issues with approximately 55,000 shareholders.
Sorouh's corporate vision is to "bring communities to life in perfect balance". Its real estate projects are master-planned and designed to meet the four core needs of human wellbeing: physical, intellectual, social and spiritual. SOROUH employs in excess of 120 highly qualified professionals operating in the field of master-planning and master-development.
Sorouh's now has around AED 50Bn of projects under development. These include:
Shams Abu Dhabi, Sorouh's flagship project is an AED 25Bn landmark development on Reem island. A complete new city of 60,000, Shams Abu Dhabi will be self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi's landscape.
The Gate District on Shams Abu Dhabi is a cluster of 6 towers located at the entrance to Shams, Abu Dhabi. Now architecturally renowned worldwide the AED 11Bn residential, office and retail development is designed as a Gateway to the Peninsula from Reem Island. The Gate District also includes the AD 2.2Bn 74 storey Sky Tower which will be a pinnacle of luxury for its residential and commercial occupants as well as Abu Dhabi's tallest building when completed.
Lulu Island opposite the Abu Dhabi Corniche will be the City's most prestigious and sought after district. Housing 45 - 50,000 residents 85% of whom will have sea views this AED 14.5Bn development will be one of the most beautiful places in the entire region
Sorouh has also the Golf Gardens overlooking the Abu Dhabi Championship Course, the Abu Dhabi Aviation Authority residential project, Al-Shamkha national housing project, the Tala Tower and Saraya on the Abu Dhabi Corniche. In its first venture outside the UAE Sorouh will also be involved in developing the 7,000,000 m Sq ft Bab Al-Bahr project in Morocco.
About Shams Abu Dhabi
Shams Abu Dhabi on Reem Island is a landmark development within Abu Dhabi and the UAE. Close to the city yet offering a lush green island setting, it will be a unique urban environment. A self-contained community, Shams Abu Dhabi will offer 60,000 residents an exceptional environment to live, work, relax, stay healthy and grow intellectually.
Located a few hundred meters northeast of Abu Dhabi, Reem Island offers spectacular views of the Arabian Gulf and Abu Dhabi city. With a mangrove forest to the west and expanses of beautiful turquoise water to the east, Shams Abu Dhabi's coastal paths will offer spectacular walks while the pedestrian walkways of the city's canal network will access extensive retail and social facilities and also enable the intriguing architecture of the different communities to be enjoyed at close quarters.
The Central Park of Shams Abu Dhabi, with its extensive recreational and educational offerings, will become a favored destination for residents of both Reem Island and the city of Abu Dhabi and will undoubtedly take its place in the pantheon of great city parks.
Shams Abu Dhabi will be just a five minute drive from the Tourist Club area via the bridge at Sheikh Hazaa bin Zayed street. Additional bridges from Al Falah street and from the Meena area will ensure quick and convenient access to Shams Abu Dhabi.
For more information please contact:
Ahmed El Awad
Assistant Communications Manager
Sorouh Real Estate P.J.S.C.
Tel: +971 2 444 0006
Fax: +971 2 444 0066
Riham El Adl
Account Manager
Hill & Knowlton
Tel.: +971 4 3344930 ext 625
Fax: +971 4 334 4923 /33
Sorouh Real Estate is the leading real estate development company in Abu Dhabi.
Sorouh was established on June 26, 2005 with a capital of AED 2.5 billion.. Today it is one of the largest Abu Dhabi based, real estate developer listed on the Abu Dhabi Securities Market with a market cap close to approximately AED 6.9 Billion and is one of the most widely held issues with approximately 55,000 shareholders.
Sorouh's corporate vision is to "bring communities to life in perfect balance". Its real estate projects are master-planned and designed to meet the four core needs of human wellbeing: physical, intellectual, social and spiritual. SOROUH employs in excess of 120 highly qualified professionals operating in the field of master-planning and master-development.
Sorouh's now has around AED 50Bn of projects under development. These include:
Shams Abu Dhabi, Sorouh's flagship project is an AED 25Bn landmark development on Reem island. A complete new city of 60,000, Shams Abu Dhabi will be self sustaining city of Canals and Parks which integrates world-class master planning practices and extends the lush green of Abu Dhabi's landscape.
The Gate District on Shams Abu Dhabi is a cluster of 6 towers located at the entrance to Shams, Abu Dhabi. Now architecturally renowned worldwide the AED 11Bn residential, office and retail development is designed as a Gateway to the Peninsula from Reem Island. The Gate District also includes the AD 2.2Bn 74 storey Sky Tower which will be a pinnacle of luxury for its residential and commercial occupants as well as Abu Dhabi's tallest building when completed.
Lulu Island opposite the Abu Dhabi Corniche will be the City's most prestigious and sought after district. Housing 45 - 50,000 residents 85% of whom will have sea views this AED 14.5Bn development will be one of the most beautiful places in the entire region
Sorouh has also the Golf Gardens overlooking the Abu Dhabi Championship Course, the Abu Dhabi Aviation Authority residential project, Al-Shamkha national housing project, the Tala Tower and Saraya on the Abu Dhabi Corniche. In its first venture outside the UAE Sorouh will also be involved in developing the 7,000,000 m Sq ft Bab Al-Bahr project in Morocco.
About Shams Abu Dhabi
Shams Abu Dhabi on Reem Island is a landmark development within Abu Dhabi and the UAE. Close to the city yet offering a lush green island setting, it will be a unique urban environment. A self-contained community, Shams Abu Dhabi will offer 60,000 residents an exceptional environment to live, work, relax, stay healthy and grow intellectually.
Located a few hundred meters northeast of Abu Dhabi, Reem Island offers spectacular views of the Arabian Gulf and Abu Dhabi city. With a mangrove forest to the west and expanses of beautiful turquoise water to the east, Shams Abu Dhabi's coastal paths will offer spectacular walks while the pedestrian walkways of the city's canal network will access extensive retail and social facilities and also enable the intriguing architecture of the different communities to be enjoyed at close quarters.
The Central Park of Shams Abu Dhabi, with its extensive recreational and educational offerings, will become a favored destination for residents of both Reem Island and the city of Abu Dhabi and will undoubtedly take its place in the pantheon of great city parks.
Shams Abu Dhabi will be just a five minute drive from the Tourist Club area via the bridge at Sheikh Hazaa bin Zayed street. Additional bridges from Al Falah street and from the Meena area will ensure quick and convenient access to Shams Abu Dhabi.
For more information please contact:
Ahmed El Awad
Assistant Communications Manager
Sorouh Real Estate P.J.S.C.
Tel: +971 2 444 0006
Fax: +971 2 444 0066
Riham El Adl
Account Manager
Hill & Knowlton
Tel.: +971 4 3344930 ext 625
Fax: +971 4 334 4923 /33
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
