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.

Economic and Business News
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 30.41 1,225,252
RIBL 12.54 200,889
SABIC 89.79 6,033,659
STC 66.72 764,848
ALMARAI 80.79 282,056
GFH 0.16
GICI 0.26 8,000
Recent News

AUB named best Mideast private bank
Ahli United Bank (AUB) has been recognised as the Best Private Bank in the Middle East by Global Finance, a leading international banking and finance publication.

AUB as well as its associ

Abu Dhabi developer opens office in Bahrain
Eagle Hills, an Abu Dhabi-based private real estate investment company and developer, yesterday announced the launch of its official operational in-country office in Bahrain.

In November l

Bapco signs gas supply agreement with Garmco
A new gas supply agreement has been signed between Gulf Aluminum Rolling Mill (Garmco) and Bapco.

Garmco specialises in producing high quality flat rolled aluminium products in various si

Omani banks’ assets grow 13.6 per cent
Assets of Omani traditional commercial banks rose by 13.6 per cent to reach OMR27.9 billion in September compared with OMR24.6bn in the same period last year, official statistics show. A report issu

Abu Dhabi foreign trade hits AED111 billion in eight months
The emirate of Abu Dhabi’s non-oil foreign trade totalled AED111.1 billion in the first eight months of the current year, according to fresh figures.

The emirate’s highest non-oil foreign tr

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


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