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Abyaar sponsors Arabian Business Conference
- Kuwait: Wednesday, March 26 - 2008 at 07:43
- PRESS RELEASE
Abyaar vice chairman Mr. Marzooq Al Rashdan is to speak at the upcoming Arabian Business Conference Kuwait 2008.
Al Rashdan will be talking about the real estate sector in the region and his expectations and speculations on the future of the industry.
Khaled Al Sayer, Corporate Communications Manager at Abyaar Real Estate Development said, "Abyaar's achievements in Dubai over the last two years are prime examples of what the real estate industry is capable of and Mr. Al Rashdan will be talking about how the leassons that Abyaar has learnt in Dubai can be brought to Kuwait and the rest of the region."
"Abyaar's rapid growth is due to the stability of the real estate market in the UAE and the strong economic growth of the region as a whole," added Al Sayer."
"We at Abyaar are optimistic about the future of both the market and our company, which is set to increase its investment portfolio and expand into different countries such as Qatar and KSA over the coming years."
The Arabian Business Conference is the first ever conference on investment and business opportunities in Kuwait.
In his keynote address Kuwaiti Finance Minister H.E. Mustafa Al Shimali will outline the government's latest business initiatives and its privatisation programme.
Business leaders and economists, including specialists from around the region, will also speak on the government initiatives.
This event is held under the patronage of Dr. Mohammed Al Basiri, Deputy Speaker of the Kuwait National Assembly.
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Notes and media contacts
About Abyaar Real Estate DevelopmentAbyaar Real Estate Development is a highly distinct real estate company - committed to raising the benchmark of Middle East real estate, and to delivering solid investor insurance. Founded with a capital of KD35m ($121m or Dhs448m) Abyaar is a joint venture between Kuwait's Aayan Leasing and Investment Company, a leading Islamic Sharia'-compliant investment player, Al Rashdan Group, a major real estate developer, and other investors.
Abyaar's portfolio will feature an impressive collection of exclusive, freehold initiatives, firstly in Dubai and then throughout the GCC. Investing in real estate in compliance with the rules and provisions of Islamic Sharia', Abyaar will build residential, commercial, retail and hospitality projects finished to the highest European standards, with innovative architecture and aspirational interiors.
'Building Excellence' is the company's guiding principle. Taking inspiration from the literal Arabic meaning of 'Abyaar'- meaning "the Sources" - the company's vision is to develop stylish and contemporary destinations that enhance lifestyles. Abyaar is a new breed of developer committed to creating business growth and prosperity.
For further information please contact:
Khaled Al-Sayer
Corporate Communications Manager
Abyaar Real Estate development
Tel: +965 2996500
Fax: +965 2996501
Mobile: +965 9680222
or
Tariq Al-Sharabi
Cicero & Bernay Public Relations
Tel: +971 4 334 2966
Fax: +971 4 334 2977
Mobile: +971 50 626 5535
Email: tariq@cbpr.ae
Web: www.cbpr.ae
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