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World Energy Forum 2012 - Dubai's return to the international stage

  • United Arab Emirates: Wednesday, October 24 - 2012 at 16:49
  • PRESS RELEASE

Omniyat Investment & Management commented that holding the World Energy Forum in Dubai, outside New York based UN headquarters for the first time, is a further evidence that Dubai is back on the international stage as a major strategic player, not only in the energy industry, but in most other economic and services sectors as well.

Mehdi Amjad, Executive Chairman and CEO of Omniyat, a development management company in the Middle East, emphasized that the UAE's forward-thinking vision and commitment for promoting the country as a world-class destination for investments and services, is paying off. As a result, the real estate industry is steadily improving and returning to its original form. He added that the centre of gravity for regional real-estate investments of all scales is coming back to Dubai as we continue to witness a significant increase in the number of foreign investors seeking new opportunities here.

Amjad said that the UAE is taking remarkable strides in implementing the long-term 'Green Economy for Sustainable Development initiative, introduced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, giving the UAE a great chance of becoming a global leader in sustainability. Amjad added that real estate companies also have a responsibility in implementing this initiative by working hand-in-hand with the energy industry by adopting environmental solutions in the construction of new buildings.
Mehdi Amjad, Executive Chairman and CEO of Omniyat.
Mehdi Amjad, Executive Chairman and CEO of Omniyat.
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