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
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 28.97 162,074
RIBL 16.67 1,131,260
SABIC 95.09 9,102,266
AMANAINSURANCE 12.79 1,261,917
WALAA 15.26 788,955
MAZAYA 116 244,000
SPIMACO 44.92 237,471
Recent News

Chinese Stocks Surge After Posting The Biggest Intraday Swing
Chinese stocks rallied, sparking the benchmark index’s biggest intraday swing since 1992, on speculation the government will take steps to prevent bear-market losses from deepening.
The Shang

Euro rallies vs dollar ahead of expected Greek default
The euro strengthened against the dollar on Monday despite Greece s institution of capital controls and shutting banks ahead of an expected default on its debt.

The euro recovered and then

Euro gives up gains as clock ticks before Greece's likely default
The euro slipped on Tuesday as traders braced for the near certainty that Greece will default on a repayment to the International Monetary Fund later in the day, putting the country at risk of disrup

Euro recovers from plunge on Greece crisis
The euro and other currencies will be in a holding pattern until the outcome of Greece's weekend referendum becomes clear, according to analysts.

The euro has recovered from Monday's stee

Seven-fold increase in manufacturing adds value
As Saudi Arabia looks to add diversity to its oil-based economy, the government has prioritised the development of manufacturing.

According to the Saudi Industrial Development Fund, the nu

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?