Kuwaiti group EFAD Holding showcases portfolio of landmark projects at ATM 2006

EFAD Holding Group, a major player in real estate and investment across the region, is presenting its US$ over 6 billion portfolio of high-quality development and hotel projects including the luxurious OQYANA-World First lifestyle project off the Dubai Coast and Kuwait's modern Khabary-Al Fahaheel Future City development, at its stand (3150, Hall 3) at the ATM, the Middle East's leading travel and trade show.

"ATM 2006 provides the ideal forum for EFAD Holding to promote its landmark development projects and innovative hospitality options before a large audience of GCC Nationals, resident expatriates, regional and international investors, buyers and developers," said Waleed Al Humaidhi, Chairman, EFAD Holding.

OQYANA-World First and Khabary-Al Fahaheel Future City are the most prestigious among EFAD Holding's diverse and exciting projects. OQYANA-World First is a fully master-planned elite retreat offering freehold homes, retail outlets and hospitality options spread across 19 man-made islands that are part of the Australia cluster of Nakheel's The World development. EFAD Holding's Khabary-Al Fahaheel Future City is a US$ 1.7 billion diversified project that enhances Kuwait's status as a host for investment opportunities.

"We believe that the market is like a living organism—continuously shifting and adapting to new challenges and changes. EFAD Holding addresses these dynamics in an original way so that sound business relationships are formed which allow innovative projects to be developed and meet the needs of the marketplace. EFAD knows the local market inside out and its expertise can be seen in the extensive portfolio of its subsidiaries and associates,"

he added.

Among the company's other current projects are the luxury Julayia Resort, The Capital Tower Dubai, Al Shira'a Tower, Al Dar Tower, Capital Tower in Kuwait, Manazel Residential Villas in Kuwait and Manazel Residential Villas in Egypt in addition to the Monarch Hotel Convention Center in Germany. Through its subsidiary Refad Hotels & Resorts, the company also runs an innovative chain of hotels in Kuwait, Dubai, Lebanon and Germany.

"Through strategic alliances, solid investments and professional services, EFAD Holding responds to evolving market demands and offers its customers a range of unique and profitable investment opportunities. EFAD Holding's flexibility and discernment give the company the opportunity to establish innovative companies that provide superb services, excellent products and astute financing, enabling them to excel in a wide variety of fields," he concluded.