EDC reviews real estate development policies


07/03/2013 09:02 AST

The Economic Development Committee, part of the Dubai Executive Council, has held its regular meeting at the council’s headquarters at Emirates Towers, chaired by Shaikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman and CEO of Emirates airline and Group and Second Vice-Chairman of the Dubai Executive Council.

In the presence of Abdullah Al Shaibani, Secretary-General of the Executive Council of Dubai, the committee discussed the Real Estate development policies, which seek to organise and strengthen the real estate sector, as well as attract investments and support economic, social stability, and promote a sustainable development and green economy.

The members reviewed the policy’s methodology to identify needs and obstacles, as well as take the necessary measures to implement and to enhance existing infrastructure and support. The review also included determining of the legal and regulatory needs and processes to carry the real estate sector onwards in cooperation with the concerned authorities.

The meeting comes as a part of the sectoral committees meetings launched by Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, to develop a general framework of the government’s agenda along with the public policy of the emirate.

WAM
Economic and Business News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
EEC 22.41 918,745
APBS 0.71
ALMAL 21.5 9,618,644
DSI 0.49 41,094,478
GFH 0.24 17,595
SABIC 84.03 4,909,674
MARK 38.3 347,822
Recent News

Muscat bourse resumes trading of Galfar shares
Muscat bourse on Wednesday resumed trading of Galfar Engineering and Contracting Company’s shares, after the company posted a detailed disclosure statement on the Muscat Securities Market on its comp

Personal loans of Oman banks register 10% growth
Oman’s conventional banks have posted a robust 10.44 per cent growth in aggregate personal loans, or consumer loan portfolios, which stood at OMR7,680.96 million by the end of June 2016.

T

Seminar spotlights SAP Business One solutions
Infoline LLC, the leading BPO & IT Enabled Service provider in Oman along with their technology partner WMS, recently organised a seminar on SAP Business One solutions at Crowne Plaza Muscat.

Euro-sterling parity is a reality, says HSBC
When UK businessman Paul Frampton bought the spending money for his family vacation to Tuscany this month, he was astonished to be charged almost a pound for each euro he purchased.

“I was f

Doha Bank gets cardholder data security certification
Doha Bank was awarded the PCI-DSS Level 1 certification by the renowned PCI Certification body SISA. PCI is the only standard dedicated to security of cardholder data and rated as one of the most str

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?