EDC reviews real estate development policies


07/03/2013 09:02 AST  WAM

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.

Economic and Business News
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
EEC 35.21
SAGRINSURANCE 33.4 516,186
SABIC 91.57 5,396,919
RIBL 17.85 1,018,717
SECO 19.11 15,293,879
ZAIN.TASI 12.45 40,798,560
ACIG 26.91 454,662
Recent News

US index at peak, European stocks extend gains on Greece, Fed
European stocks extended gains for a sixth day to its highest level in seven years, and US indexes recovered to hit another record after Greece proposed a list of reforms to euro group and Federal Re

Afriland First Bank officially launches Islamic finance in Cameroon
At an event held at the Hilton Hotel in Yaounde, Cameroon, on 20 February, Afriland First Bank unveiled its suite of Islamic finance products.

For more than 10 years, First Bank has been a

Four swing factors for investors in Japan
The past several months have seen significant divergences in market fortunes around the world, such as the performance differential between prices of oil-related shares and the rest of the stock mark

Crude Ends Near $51 A Barrel;Gasoline,Heating Fuel Stockpiles Decline
U.S. crude oil snapped a five-day loss to end sharply higher on Wednesday, as the dollar weakened against a basket of major currencies even as the official weekly oil report showed crude stockpiles t

Gold Ends Above $1200 After Yellen Statement, China Data
Gold futures snapped a three-day loss to end higher Wednesday, on the back of Federal Reserve Chief Janet Yellen's statement before the Congress on interest rate hikes which analysts see as not too d

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

Poll

Which of the following do you think is the best long-term investment?