Emaar highlights its global growth at World Economic Forum meeting in Sharm El Sheikh

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• Alabbar leads CNBC Europe debate on ‘Invest it Forward’


• Emaar is Support Sponsor of global event to be held in Egypt

Emaar Properties is a Support Sponsor of the World Economic Forum on the Middle East to be held in Sharm El Sheikh, Egypt, from May 18 to 20, 2008.  The company will highlight its international growth strategies at the annual global gathering of world leaders, international think-tanks, entrepreneurs and professionals.
 
Mr Mohamed Ali Alabbar, Chairman, Emaar Properties, will be a key participant in the World Economic Forum – CNBC Televised Debate titled ‘Invest it Forward’ on May 18. Mr Alabbar will challenge the motions of the debate that the stewards of the Middle East’s oil wealth lack long-term vision.
 
Other participants in the debate are: Mr Mustapha Nabli, World BankCs Senior Advisor on Development Economics; Sheikh Mohammed Bin Essa Al-Khalifa, Chief Executive of the Economic Development Board of Bahrain; and Mr Rachid Mohamed Rachid, Egyptian Minister of Trade & Industry.
 
Mr Alabbar said: “The World Economic Forum on the Middle East is a true showcase of regional thought-leadership. Over the past years, the event has evolved as a pointer on the direction of growth of the Middle East economies by discussing on a diversity of views and opinions and setting robust agendas for the future.”
 
He added: “Emaar Properties has been associated with the World Economic Forum meeting on the Middle East since its foundation. Led by our Vision 2010 to become one of the most valuable companies in the world, Emaar has been instrumental in creating a strong investment environment in all the markets it operates. The focus of this year’s World Economic Forum on the Middle East on ‘Learning from the Future’ complements our proactive growth outlook.”
 
Emaar Properties is the only regional property developer to be listed in the Financial Times Global 500 index. The company has a significant presence in 36 active markets globally, and has expanded into healthcare, education, shopping malls, financial services and hospitality & leisure. Emaar is developing Burj Dubai, the world’s tallest building; and the region’s largest private sector project, King Abdullah Economic City in Saudi Arabia.

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