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
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR
Most Viewed Companies
Ticker Price Volume
SECO 14.4 519,377
GFH 0.21
ALMUTAKAMELA 24.3
EMAAR 10.75 20,678,480
STC 68 204,141
RIBL 35.1 210,454
DIB 6.82 47,592,051
Recent News

Yuan conversion cap may be lifted
The 20,000 yuan daily conversion cap should be lifted when the "Shanghai-Hong Kong Stock Connect" launches in six months, said Financial Services Development Council head Laura Cha Shih May-lung.

Nestlé becomes global top three consumer company
Nestlé, the world’s largest food company, has moved into the top three of a worldwide ranking of consumer product companies, according to a report compiled by business advisory firm Deloitte.

New Zealand Credit Card Spending Rises 1.3%
Total credit card spending in New Zealand jumped a seasonally adjusted 1.3 percent on month in March, the Reserve Bank of New Zealand said on Wednesday - coming in at NZ$3.062 billion.

Th

Court lifts ban on iron ore mining in Goa
[MUMBAI] India's top court has allowed iron ore miners to resume operations in Goa state after imposing a ban 18 months ago for environmental violations. Goa accounted for about half of the country's

Citigroup said to be divesting 50 branches
[NEW YORK] Citigroup is seeking buyers for about 50 branches holding US$3 billion of deposits in California as the third-largest US lender pares brick-and-mortar outlets, said three people involved i

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

Poll

Are you satisfied with your full-service broker?