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Cityscape extends to Friday by royal appointment
Source: BI-ME , Author: Justin Smith
Posted: Tue May 13, 2008 12:00 am

UAE. In an unprecedented decision in the history of Cityscape exhibitions, the government of Abu Dhabi has requested that the premier real estate development and investment event be extended by one day. Cityscape Abu Dhabi will remain open for an extra day, now concluding on the evening of Friday 16 May.

The exhibition was opened today at the Abu Dhabi National Exhibition Centre by HH Sheikh Mohammed bin Zayed Al Nayhan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

Mark Goodchild, Project Manager, Cityscape Abu Dhabi said: “We received a formal request from the Abu Dhabi government that they would like us to extend the event by one more day. This is unprecedented for Cityscape, but considering the massive interest on the first day, it is hardly surprising. We’re delighted that the government should grant us such exceptional support and also that they recognise the importance of Cityscape for the development of Abu Dhabi and for many of the region’s exciting projects.”

To underscore the importance of the event as a showcase for the capital’s intricate planning, sustainable projects and investment transparency, HH General Sheikh Mohammed bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces agreed to be patron of Cityscape Abu Dhabi for a second successive year.

In terms of ‘home-grown’ support, the Abu Dhabi government and locally-based real estate heavyweights have shown full support for the industry showcase. Major local developers such as Mubadala, Sorouh Real Estate, ALDAR Properties and Al Qudra Real Estate all have a significant presence. 
   
Organisers IIR Middle East said that the show was sold out some months ago, with over 300 confirmed exhibitors covering more than 30,000 square metres of exhibition space.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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