• HSBC

Tameer Holding sponsors the 9th Riyadh Real Estate and Architectural Development Exhibition

  • United Arab Emirates: Sunday, May 07 - 2006 at 13:55
  • PRESS RELEASE

The region's leading real estate developer, Tameer Holding is to partake in and sponsor the 9th Riyadh Real Estate and Architectural Development Exhibition being held in the Saudi Arabian capital from the 7th to the 12th May 2006.

The event has been designed to publicize Middle Eastern and international property development, showcasing the most advanced and stylish developments across the region and the world.

Tameer's participation at this event comes after their contribution to a string of high profile real estate exhibitions worldwide. Since the beginning of 2006 the company has been involved in the Dubai Property Show in Dublin, the MIPIM in Cannes and most recently, the Moscow based exhibition Realtex last month.

As with many other industries operating out of the GCC, there is currently a boom in property development. The UAE real estate market has been thriving due to its newly liberalized property laws, while simultaneously becoming increasingly recognizable worldwide through the construction of many iconic developments. One such development is the AED 30 Billion Umm Al Quwain based AlSalam City, a project that will be the center piece of the Riyadh Real Estate exhibition.

'Tameer are recognized as one of the leaders in the Middle Eastern real estate market as a consequence of some of the groundbreaking projects being developed here.'

said Mr. Ali Al Khudairi, CEO of Tameer Holding.

'Developments like the recently launched AlSalam City and the newly completed Emirates Industrial Area both in Umm Al Quwain are quality projects of a tremendous size that we are proud in telling the world about.'

In addition to the Umm Al Quwain based projects, Tameer will also be promoting the 'Princess Tower', which is recognized as one of the regions tallest buildings featuring 107 floors of luxury apartments, offices, sales outlets, and recreational clubs and the town sized development Al Ameera Village; a fashionable development that covers approximately 500,000 square feet.

'2006 has been a landmark year for Tameer, so we are proud that we are the Gold Sponsors of this prestigious event being held in Riyadh allowing us to further contribute to the growth of Region through property development.' said Mr. Ali Al Khudairi.

Formed through a strategic partnership between Al-Rajhi Investment Group & Tameer Property Establishment, Tameer Holding had entered the thriving UAE property market with the world's tallest tower "Princess Tower", located in Dubai Marina, the Dana 1 & Dana 2 projects and Al Jawzaa in International City, Al Shahd in the International City, Al Diyad in Dubai Silicon Oasis, The Regal Tower in Business Bay, AlSalam City in Umm Al Quwain, and Al Ameera Village in Ajman. Today, the firm's investment portfolio in the market totals AED 40 billion.
AlSalam City Project, Tameer's colossal project in Umm Al Quwain. 
AlSalam City Project, Tameer's colossal project in Umm Al Quwain.
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Abdulla Yahya
Account Executive
SAHARA
Tel: +971 4-343 5396
PO Box: 73310
Dubai - UAE
Sheikh Zayed Road
The Fairmont Dubai
Office 508

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