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Sunday, November 29 - 2009

Al Hanoo Holdings' Exhibition stand attracts quality investors and real estate developers

  • United Arab Emirates: Wednesday, October 08 - 2008 at 17:01
  • PRESS RELEASE

Through Al Nujoom Islands, its leading project, Al Hanoo Holdings, one of the biggest real estate development companies in the Middle East, has attracted the interest of various investors and developers looking for extraordinary opportunities amidst a large number of projects being presented at Cityscape Dubai 2008.

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  • Sheikh Tariq Al Qassimi visiting Al Hanoo stand at Cityscape.
    Sheikh Tariq Al Qassimi visiting Al Hanoo stand at Cityscape.
The project, developed by Al Hanoo Holdings in the emirate of Sharjah, stood out in terms of scale as well as the number of investment opportunities available.

The project was visited by a number of investors and developers, including Sheikh Tariq Al Qassimi (Emirates Investment Group Chairman), in addition to the visit of Dubai Islamic Bank CEO, Dyiar Company CEO, and RAK Properties CEO, who saw the project as a great opportunity that would support the real estate sector and propel the emirate of Sharjah forward in terms of family tourism, through its diverse constructions and services, and eventually enhancing the tourism sector in the emirate.

On the other hand, the visit of the Saudi Consul, came as confirmation of the importance of the moral support the Kingdom of Saudi Arabia gives to its citizens in the business sector by supporting their projects and activities, inside and outside of the Kingdom.

Commenting on the quality of interest in his company's projects, Sheik Abdullah bin Fahid Al Shakrah, Chairman at Al Hanoo Holdings, said:

"Cityscape Dubai formed a good opening for us to present our project and meet with investors and real estate developers from around the world. The huge interest that various local, regional and even international companies have shown in the project has further proved our view that this project will become an Emirati project with an international front, which will give unique opportunities to companies seeking profit and sustainability at the same time. The project will also present the emirate of Sharjah as a prime spot for family tourism."


The fulfillment of 95% of the flooring work at the 10 islands which forms Al Nujoom Islands, has improved the credibility of Al Hanoo Holdings, as well as the confidence of clients.

Said Sheik Abdullah Fahid Al Shakrah: "Our sterling reputation of delivering projects with precision in the Kingdom of Saudi Arabia has preceded us. Our recent project, Emirates Industrial City, which has sold most of its plots, established a strong basis for this reputation amidst strong competition in the market. We are now focusing our efforts regarding this project on reaching our goals and helping the project advance."

Development work on the 10 islands, which is surrounded by 35 km of water with connecting water canals that extend from 100 to 400 meters, is expected to finish in 2010.
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Notes and media contacts

About Al Hanoo
Right from the days of its inception in 1972, Al Hanoo Holding Company has been committed towards the development of the property sector in KSA and many other neighbourin countries.
Besides properties, Al Hanoo Holding Company has also founded subsidiary companies that have a strong presence in Contracting, Gas and Electricity networks installation, Agriculture, Trading, and many other developing sectors. This diversified approach is what makes Al Hanoo a pioneer and an integral facet in the economic hub of various countries in the world.

For further information, please contact:

Mustafa Al Khafaf
SAHARA PR
Fax: +971 4 3298995

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