Under directives of HH Sheikh Mohammed, Emaar to launch company in Palestine | Under directives of HH Sheikh Mohammed, Emaar to launch company in Palestine -
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Under directives of HH Sheikh Mohammed, Emaar to launch company in Palestine

United Arab Emirates: Saturday, February 19 - 2005 @ 08:56

This follows discussions held in Ramallah last night between Palestinian Authority President Mahmoud Abbas and Prime Minister Ahmed Qorei with Emaar chairman Mohamed Ali Alabbar. The meeting was attended by a range of businessmen and officials invited by the Authority to discuss plans to build infrastructure as well as mixed use residential and commercial developments in Palestine.

Prime Minister Ahmed Qorei said that meetings held with Mr. Alabbar were under the directions of the UAE Government who are keen to invest in development projects to provide a boost to the economy of the Palestinian Authority and help the Palestinian people overcome their difficulties.

In addition, the new company has already identified areas for development and will work alongside the UAE Red Crescent Society to build hospitals and primary health care centres as well as educational institutions.

“Emaar Palestine’s priority is to plan and construct well designed communities with all amenities, providing quality modern homes with comprehensive community services, while using local materials and expertise,” said Alabbar.

“His Highness Sheikh Mohammed bin Rashid is clear that Dubai and the UAE should lead the way in providing support to the people of Palestine. As a collective force, Arab companies and the people have to show that it is possible to move ahead on the economic and infrastructure front despite the long standing Palestine – Israeli conflict,” Mr. Alabbar said.

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Saturday, February 19- 2005 @ 8:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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