News Desk
ABU DHABI: UAE-based International Real Estate and Investment Show today announced tie-up with Abu Dhabi Investment Office, which will give the show a strategic push to attract investors in the emirate of Abu Dhabi and increase investor confidence. The partnership is part of Abu Dhabi’s campaign to develop the non-oil economy which was evident in its recent reforms and Dh50 billion stimulus to create further ease of doing business.
Abu Dhabi Investment Office (ADIO) will also support International Real Estate and Investment Show (IREIS) as Strategic Partners in organizing the “Abu Dhabi Investment Forum 2018”, a specialized investment conference with a lineup of topnotch global experts, renowned academics, and seasoned practitioners to enlighten audiences with Abu Dhabi’s current investment trends and potential opportunities. The conference will host a special session to highlight the most promising investment opportunities in the emirate to the public and establish a connecting point between the investor and master developer to secure and safeguard the interest of all stakeholders in the investment process.
Ministers, business leaders, senior public officials, heads of international institutions and academia representing major stakeholders of the international investment community will take part in various sessions.
To attract Foreign Direct Investment (FDI), the Abu Dhabi Investment Office (ADIO), a government entity, connects appropriate private and public sector entities, such as IREIS, in the emirate of Abu Dhabi to build investor awareness and confidence that lead to tangible results to accelerate and achieve investment results.
The office serves potential investors with valuable information about the investment environment in the Emirate of Abu Dhabi and information on all targeted economic sectors and future projects in the Emirate. The office helps the investor overcome any challenges that they may face in the Emirate of Abu Dhabi in support of expansion plans and prosperity.
Services offered by ADIO to investors include providing extensive information on all aspects of doing business in Abu Dhabi, linking investors with relevant private and public stakeholders, helping identifying local strategic partners, maximizing local synergy for successful investment; coordinating with all stakeholders to facilitate the procedures for doing business in Abu Dhabi.
His Excellency Ahmed bin Ghannam, CEO of ADIO, said: “We are proud of the IREIS Exhibition, which is playing a pivotal role in Abu Dhabi’s realty investment by attracting large number of international exhibitors and visitors. ADIO-IREIS tie-up will bring out host of benefits for public-private partnership. Our all-out support will be available throughout the show and post event follow up. My message to the exhibitors and visitors is that exhibiting in IREIS will yield economic results given that the Abu Dhabi government unveiled a 10-point economic stimulus programme with a number of benefits of doing business in the Emirate.
Last June, H.H. Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan, ruler and Crown Prince of Abu Dhabi, launched a massive Dh50 billion economic stimulus package for Abu Dhabi. Officials were given 90 days to create a detailed execution plan for the package, which seeks to transform Abu Dhabi in ease of doing business, and bring lasting economic benefits to residents and investors.
Mohamed Ebrahim Al Hosani, Director at ADIO, said: “It gives us immense pleasure to see that IREIS is growing, receiving quality exhibitors and visitors and making inroad to the international markets. Based on this progress, we at ADIO are looking at that long term relations with the event to propel UAE agenda to the international markets.
Abu Dhabi announcement focuses 10 initiatives with the aim of accelerating the economy over the next three years. Major initiatives include allowing people to officially work from home for the first time in the history, new building regulations for reducing costs for developers and encourage urban development, and elimination of red-tape which creates unnecessary delays in payments to the private contractors.
Antoine Georges, Managing Director of DOME Exhibitions, said: “We are privileged to have ADIO with us that will prove to be one-stop-shop for our exhibitors and trade visitor who decide to invest in Abu Dhabi. It will accelerate the process of doing business and help bring investment flow. ADIO support is a testament to IREIS’s role in UAE’s economy. The tie-up is one-off but we are talking to a permanent arrangement and we are also in touch with other relevant authorities so that our exhibitors and visitors take the full advantage of their presence in the IREIS.
Dr. Nick Coles, Conference Director, DOME Exhibitions, said:: “In 10 years of IREIS, we have learned how to give maximum benefit to our international and local exhibitors. We have been thinking and trying different sides of IREIS to bring more value to the event, exhibitor and the UAE. We started Abu Dhabi Investment Forum to brainstorm how well we can fit with UAE’s future growth strategy, increase investor confidence and FDI to UAE. We extended the main show to International pavilion, which gives a lucrative platform to local and international companies to network, explore and expand “.
The 10th edition of the International Real Estate and Investment Show, a B2C sales and networking platform where spot sales are permitted, is bringing leading local and foreign real estate developers, investors and agents under one roof will reflect the attractiveness of UAE’s real estate sector and will attract investors from various parts of the world.
The show is expecting over 125 high-end exhibitors and more than 12,000 visitors. To give a greater value to the exhibitors and visitors, the associated events that will complement the main IREIS Abu Dhabi 2018 are ‘International Real Estate Conference’, ‘Citizenship & Residency Expo’ and the ‘Real Estate Developer – Agent Meet’.
