Sorouh appoints new director

Notes and media contacts

Abu Dhabi-based Sorouh Real Estate PJSC is one of the UAE's leading property companies, with more than Dhs45 bn worth of projects under development. Established in June 2005 with a capital of Dhs2.5 bn, Sorouh is now one of the largest real estate developers on the Abu Dhabi Securities Exchange. In March 2008, the company's market capitalization was Dhs20.7 bn with approximately 40,000 shareholders.
Sorouh is active internationally, with up and coming projects in Egypt and Morocco. Working in master-planning, master-development and property related fields, Sorouh has some of the region's most important developments underway, including Abu Dhabi's Lulu Island, SHAMS Abu Dhabi, The Gate District at SHAMS Abu Dhabi, Alghadeer, Saraya and Golf Gardens, all developed in close cooperation with the Abu Dhabi Government and its vision for the future. Additionally, Sorouh has developed partnerships with Metro-Goldwyn-Mayer Studios Inc. (MGM) and Rubicon, Inc. (Rubicon) to explore the development of entertainment opportunities within Sorouh's real estate portfolio.
Sorouh has received international recognition
for its projects.

Recent awards include:
• Best New Business - Middle East Business Achievements Awards 2007
• Best Commercial Project for the Gate District - Abu Dhabi Cityscape 2007
• Best development, Central Park, Shams Abu Dhabi - CNBC Arabian Property Awards 2007
• Best Customer Service Company - Real Estate category, Middle East Excellence Awards Institute 2008

Contact:

Amel Saad
Senior Corporate Communications Officer
Sorouh Real Estate P.J.S.C.
Tel: +971 2 697 8956

Emily Hewitt / Lis Griffiths
Four Communications Group Abu Dhabi
Tel: +971 55 985 3371 / +971 55 985 3368