Search SaudiArabiaPR.com

Home >> Government, Legal & Humanity

Ajman confident in reinforcing its position in the Middle East's real estate investment map

Thursday, April 20, 2017/ Editor -  

Share

Home >> Government, Legal & Humanity

Ajman, April 20, 2017- The Department of Land and Real Estate Regulatory has revealed its participation in the coming Riyadh Real Estate & Urban Development Exhibition 2017 (Restatex Riyadh 2017), the largest annual Real Estate event of its kind in the Kingdom of Saudi Arabia, which will be held from April 23 to April 26, 2017 at the Riyadh International Convention & Exhibition Center. During their participation, Department of Land and Real Estate Regulatory will be showcasing potential investment and growth opportunities in the emirate's real estate segment--while also throwing the spotlight on Ajman's growing reputation as an ideal real estate investment destination.

His Excellency (H.E.) Yafea Al Faraj, Director General, Department of Land and Real Estate Regulatory, said, “We have placed top priority in the efforts to improve and further advance the real estate segment of Ajman, which is part of the move towards sustainable development and economic diversification--keeping in line with the objectives of Ajman Vision 2021. Our presence at Restatex Riyadh 2017 represents our commitment to reach out to real estate investors and developers from Saudi Arabia; urging them to consider potential opportunities in Ajman's real estate market.”

H.E. added, “Ajman's real estate market stands at the threshold of a new phase of development, which is right in the midst of the emirate's surge in tourism, construction and infrastructure projects--all forming a friendly environment for foreign direct investments (FDI). It is without a doubt that these new projects will help boost Ajman's position as a favorable investment haven for the region. Restatex Riyadh 2017 will allow us to attract more Saudi investors to Ajman. In fact, our records show that 1,109 registered land and properties in the emirate are owned by Saudi nationals--representing a key value of AED 800 million.”

For the four-day exciting show, Department of Land and Real Estate Regulatory will be setting up a pavilion showcasing the latest and most significant developments and trends in Ajman. The pavilion will also help Saudi investors be more familiar with investment processes, incentives and facilities that will be made available for them when they invest in the emirate. Lastly, the department will also be placing focus on innovation and sustainability, especially in the move to digitalize contact information of Saudi owners; implement innovative solutions for the free zone ownership process and adopt more sustainability-based standards in its investment projects.   


Previous in Government, Legal & Humanity

Next in Government, Legal & Humanity


Home >> Government, Legal & Humanity Section

Latest Press Release

Aramco CEO to Bloomberg: Speaking to credit rating agencies before landmark bond ...

Saudi Plastic and Petrochemical Exhibition 2019 set to launch with government an ...

Lenovo Offers Security Solutions in Global Smart City Race at Intersec 2019

Young Saudi women take centre-stage in brand-new television drama

Implementation Date Announced for Long-Term Residence Permits

Saudi Ministry of Environment, Water and Agriculture signs contract for the firs ...

Honor 10 Lite Packs Stylish Looks and Flagship Performances Into New Device

M Hotel Makkah by Millennium honors its employees on its 2nd Anniversary

Nissan Energy demonstration hits the spot

Introducing Burberry Bespoke Fragrances

The Kingdom of Saudi Arabia's Minister of Energy, Industry, and Mineral Resource ...

Turkish Airlines reached the 80.2% Load Factor in December 2018.

Saudi Visa Application Process in Dubai Restricted to Holders of UAE Residence P ...

Global Energy Forum: His Excellency Khalid Al-Falih's address on day three

World No.2 completes all-star field, with four of golf's top five setting sights ...

Rolls-Royce Motor Cars Achieves Historic Business Record

Breakbulk Middle East 2019 reinforces the collaboration between UAE and Saudi Ar ...

SHUAA successfully issues and places USD135 million (SAR 506 million) Sukuk for ...

Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment B ...

LG Electronics' Promise of AI for an even Better Life Delivered at CES 2019 Keyn ...