He was received by ALDAR's Chairman, Ahmed Ali Al Sayegh, and CEO Christopher Sims.
Prince Andrew was briefed in detail on ALDAR's plans for redevelopment of the Abu Dhabi Central Market, its programme for construction of a major new city district at Al Raha Beach - announced last week - and other substantial projects to be revealed in the near future.
Since leaving the Royal Navy in 2001, Prince Andrew has acted as an ambassador for British industry internationally. He is the UK's Special Representative for International Trade & Investment - a British government body that promotes two-way investment and trade between Britain and the world.
Ahmed Al Sayegh welcomed the Prince to ALDAR, and said after the visit that he was particularly interested in ALDAR's developments and welcomed an opportunity for UK companies to provide services and goods to the company. Prince Andrew is the second son of Britain's Queen Elizabeth II.
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Britain's Prince Andrew inspects future projects of ALDAR Properties
- United Arab Emirates: Monday, February 14 - 2005 at 13:36
- PRESS RELEASE
HRH Prince Andrew, the Duke of York, paid an official visit this morning to the offices of ALDAR Properties PJSC, Abu Dhabi's newly established property development and real estate company.
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ALDAR Properties PJSC is a premier real estate development, management and investment company headquartered in Abu Dhabi, UAE. The company was formed as a result of an initial Public Offering (IPO) of shares. The PJSC was created under Emiri Decree No 808 of 2004.ALDAR Properties PJSC was created to fast track real estate investment opportunities, and to offer an opportunity to participate in the prosperity of this increasingly important industry in the UAE.
The current property portfolio includes major developments and re-developments within Abu Dhabi Emirate, such as the Central Market in Abu Dhabi, the Al Raha Beach Development in Umm Al Nar, the Mubadala Development Company - ERWDA Headquarter Building in Abu Dhabi, Al Jimi Mall Expansion in Al Ain, Jebel Hafeet Resort in Jebel Hafeet, Al Ain, and the Al Mudheef Urban Regeneration Scheme in Al Mudheef.
ALDAR Properties PJSC is owned by leading Abu Dhabi institutions, founder shareholders and individual investors. It has a market capitalisation of over AED 1.5 billion.
For further information, please contact ALDAR's corporate communications advisers, Sareem International, on the numbers below:
Abu Dhabi Office
Tel.: +971 (2) 6771196
Fax: +971 (2) 6790060
Dubai Office
Tel.: +971 (4) 343 3688
Fax: +971 (4) 321 1988
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, February 14 - 2005 at 13:36 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sun Jul 03 2005.
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