
UAE will be one of first to bounce back post-coronavirus pandemic: Lootah CEO
Lootah CEO cites full trust of people and businesses in the UAE as the foundation of recovery.
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Lootah CEO cites full trust of people and businesses in the UAE as the foundation of recovery.
Lootah Real Estate Development (Lootah), one of the region’s most prominent real estate developers, noted the ways in how real estate can change due to the threat of the coronavirus disease (COVID-19) pandemic—listing down its immediate solutions while advising long-term measures developers can do.
Lootah Real Estate, the parent company of Senaeyat, has pledged its support to the Dubai Industrial Strategy 2030 with a 49-year land lease agreement in the Dubai Industrial Park; one of the largest industrial hubs in the region. This long-term agreement will see Senaeyat further increase its presence in the area, adding value and helping to achieve the realisation of the Dubai Industrial Strategy 2030.
China plans to to invest $3.4 billion in two Dubai-based trading facilities, increasing the influence of the world’s second-largest economy in the Gulf region.
Lootah Real Estate Development CEO, Saleh Abdullah Lootah, has been named in Construction Week Online’s Power 100; the annual ranking of industry leaders in Dubai.
The United Arab Emirates Cabinet, which is chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, has recently announced the sectors and economic activities that are to become eligible for up to 100 percent foreign ownership.
Dubai Investments Park is planning to purchase additional land in the United Arab Emirates to build a new, multi-purpose investment park, similar to its already existing areas in Dubai. Whilst many regions are being looked at, Dubai Investments Managing director and CEO did not rule out the new land could be in Dubai.
Over the last few weeks, we have examined the reasons that have made Dubai one of the most attractive regions for business growth. From its
Dubai: The UAE has just added another feather to its cap with the launch of a permanent residency system dubbed the “Golden Card”, granting a long-lasting residency for investors, exceptional professionals in various areas including medicine, engineering, and science.
Dubai Industrial Park, Lootah Real Estate embark on partnership to establish ‘Senaeyat’
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