• HSBC

Qatari Diar sponsors City View 2008 Syria

Qatari Diar Real Estate Investment Company, a leader in sustainable development, is contributing as the 1st Platinum Sponsor of City View 2008 Syria Exhibition and Conference in Damascus for the second consecutive year.

Deputy Chief Executive Officer for Operations Dr. Hassan Eisa Al-Fadhala and Deputy Chief Executive Officer for Business Development Eng. Mohammed Bin Ali Al Hedfa along with teams from the Doha and Syria offices are representing Qatari Diar at the event.

QATARI DIAR has a number of developments in different governorates in Syria which reflect the company's, and more generally Qatar's, dedication to Syria and its deep belief in its potential.

As an innovative real estate investment company, Qatari Diar is dedicated to building friendships and communities, while showing respect for local culture, tradition and the environment.

The company will be promoting its projects in the planned events with emphasis on Ibn Hani Bay Resort, which stretches over 244,000 square meters on the Ibn Hani coast near Syria's main seaport, Lattakia.

Representing a $350 million investment, the exclusive Ibn Hani Bay Resort is destined to become a unique tourist destination in Syria.

The development, which was officially launched for sales in Damascus back in February 2008, is divided into two main zones: touristic and private.

It encompasses hotels, serviced apartments, beach and canal villas and apartment buildings.

Speaking at the conference, Dr. Hassan Eisa Al-Fadhala, Qatari Diar's Deputy Chief Executive Officer of Operations said:
"At Qatari Diar, we take great pride in working with countries throughout the Arab world, to provide lasting, sustainable developments that will reap rewards for the country and region as a whole for years to come. Because Qatar realizes the significant potential of Syria as a country and as a booming economy, Qatari Diar is building a number of signature projects and facilitating vibrant new communities throughout the country. We are determined that our projects will have a significant impact and influence on the way people live not only in Syria and the Arab world, but around the whole world."


Qatari Diar, an investment company of the Qatari government, is wholly-owned by the Qatar Investment Authority.
 
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About Qatari Diar Real Estate Investment Company:

As developer of the idyllic and luxurious Ibn Hani Resort on coastal Lattakia, and as one of the world's most influential and innovative real estate investment companies, Qatari Diar is dedicated to sustainable growth, building friendships and communities while showing respect for local culture, tradition and the environment.

Fully owned by the Qatar Investment Authority, the state's official investment agency, Qatari Diar Real Estate Investment Company was established in December 2004 to support Qatar's growing economy and to co-ordinate the country's development priorities, namely distinguished, high-end, well-planned tourism and living destinations. Capitalized at US$1 billion, QATARI DIAR is aligning development with Qatar's national strategy to further the economic progress of the country and the region.

Combining its investment resources with its innovative approach and forward-thinking, the company has quickly become a leader in international development, with more than 50 active projects underway in over 30 countries. In addition to the prestigious Ibn Hani Bay Resort, these include: Lusail, a 35 square kilometer development to house over 200,000 residents in Qatar; the redevelopment of London's renowned Chelsea Barracks; the eco-tourist resort Ras Al-Hadd in Oman; the luxurious Al Houara Resort in Tangier, Morocco; and the lavish St-Regis Cairo on the Nile Corniche.

With its unique outlook, bold investment strategy and some of the most exciting and transformational projects in the region and beyond, QATARI DIAR is well-positioned to achieve its goals of building signature projects that catch the imagination of a world audience on an unprecedented scale.

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