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U.A.E.: Abu Dhabi grants land to Al Dar Real Estate.

Asia Africa Intelligence Wire

| October 13, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Emirates)

The Government of Abu Dhabi has granted the land adjacent to the Abu Dhabi Golf Club and overlooking Al Raha beach to Al Dar Real Estate Services Company for development. The decision was taken under the directives of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces.

Lt. General Sheikh Mohammad Bin Zayed Al Nahyan, Deputy Crown Prince of Abu Dhabi and chief of staff of the UAE Armed Forces announced the decision yesterday. Sheikh Mohammad predicted a boom in the emirate's property sector, saying that it will witness a real leap, "thanks to Al Dar's initiatives in …

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