Omniyat Properties to share plans to enter Abu Dhabi market at Cityscape Abu Dhabi 2008

The company's stand will offer the event visitors a unique chance to experience Omniyat Property's vision and display its existing cutting edge projects including Octavian, The Opus and The Pad.

Omniyat Properties seeks to utilize Cityscape Abu Dhabi as a platform to engage in strategic discussions and build relationships whilst reviewing investment opportunities to assure that Omniyat has the right entry policy to develop projects in the UAE's capital city and abroad.

"With $327bn worth of projects proposed, planned or under construction, we regard Abu Dhabi as a significant landmark in our strategy. Our studies show that the Abu Dhabi market offers huge business opportunities, especially following the Abu Dhabi Government's 'Plan Abu Dhabi 2030'. Presence in this growing market, will further our plans to expand Omniyat Properties' revolutionary development offerings throughout the GCC and internationally", said Mehdi Amjad, President and CEO of Omniyat Holdings and Omniyat Properties.

Since its inception three years ago, Omniyat Properties has successfully launched and sold six commercial towers and two residential projects. The company announced recently that it will quadruple the value of its property portfolio in Dubai to over Dhs21bn in 2008, following an excellent year in 2007 that saw sales double and profits triple, compared to the previous year. For more information please visit the company stand at Cityscape Abu Dhabi, stand 6A10.