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Sunday, December 6 - 2009

Dubai Holding as a strategic partner participates in WEF Middle East talks

  • United Arab Emirates: Saturday, May 09 - 2009 at 13:36
  • PRESS RELEASE

A high-level delegation from Dubai Holding will attend the World Economic Forum on the Middle East 2009, to be held from May 15-17 on the Jordan shore of the Dead Sea.

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The Forum has the theme 'Implications of the Global Economic Crisis for the Middle East: Home Grown Strategies for Success', with a particular focus on innovation and technological proficiency as essential sources of future growth.

The Dubai Holding delegation will actively engage with other regional leaders in business, science and government to seek solutions that will help countries to overcome the effects of the global economic downturn.

The Dubai Holding delegation will consist of Fadel Al Ali, Executive Chairman, Dubai Holding Operations, Soud Ba'alawy, Executive Chairman Dubai Group, Sameer Al Ansari, Executive Chairman Dubai International Capital, Abdullatif Almulla, Group Chief Executive Officer TECOM Investments, Guy Crawford, CEO Jumeirah Group and Dr Muhadditha al Hashimi, Deputy Chief Executive Officer, Tatweer.

"This year has created unprecedented challenges for the global economy. In the Middle East the situation has been complicated by highly volatile energy markets and large-scale erosion of asset values. Nevertheless, we believe regional long-term sustainable growth is still possible,"


said Ahmad bin Byat, CEO, Dubai Holding.

"At Dubai Holding innovation has enabled us to create a range of life-improving industries focused on the need to provide a better future for all. At WEF Middle East we will share mutual experiences and knowledge that other countries could benefit from in the region."

Members of Dubai Holding's delegation, including Soud Ba'alawy and Dr Muhadditha al Hashimi will participate in high-powered discussions at the Forum. Ba'alawy will be taking part in a session that will examine if the Middle East is ready to assume its rightful place in the new global economic architecture.

Al Hashimi will join other HR and healthcare experts to discuss how the region can boost its human resource and infrastructure capacity to make healthcare an engine of growth in the region.

Dubai Holding is a strategic partner of the World Economic Forum. The World Economic Forum on the Middle East is an exclusive, high level platform, that brings together the region's most influential and relevant decision makers from across the spectrum of government, business, science and civil society. Membership of the exclusive grouping of WEF strategic partners is strictly limited.
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Notes and media contacts

About Dubai Holding

Dubai Holding was launched in October 2004 to consolidate the various large-scale infrastructure and investment projects in Dubai, as well as to identify opportunities to develop future major projects that will benefit the UAE and the region.

The company has been created with the goal of providing a better future for all through the range of life-improving industries it is involved in. Each Dubai Holding operating company focuses on key areas which dynamically support the development of Dubai as a world-leading hub for commerce, leisure and finance.

Under its slogan: "for the good of tomorrow" Dubai Holding has created a strong presence in 13 various industries by developing pioneering initiatives spanning numerous sectors including Finance, Real Estate, Technology, Hospitality, Energy, Healthcare, Aerospace, Communication, Industrial Manufacturing, Biotechnology, Education, Leisure & Entertainment, and Telecommunication.

Dubai Holding's seven member companies are: Jumeirah Group, TECOM Investments, Dubai Group, Dubai Properties Group, Tatweer, Sama Dubai, and Dubai International Capital. Through these companies Dubai Holding has a foothold in four continents with more than 250 companies and around 16, 000 employees.

The seven members have initiated, launched, and manage companies in different sectors. These companies include: Jumeirah Living, Jumeirah Essex House , Wild Wadi, Dubai Internet City, Dubai Media City, Dubai Knowledge Village, Dubai investment Group, Noor Islamic Bank, Borse Dubai, Dubai Properties, Injaz, Salwan Properties Management, Dubai Healthcare City, Universal Studios Dubailand, The Tiger Woods Dubai, Dubai Towers, Salam resort brand, Dubai International Capital Global Equity, and Dubai International Capital Private Equity.

For further information please contact:

Malcolm Ward
JiWin Public Relations
Tel: + 971 4 361 3576

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