The H Holding Enterprise: "Brookings Institution ranked Dubai as one of the world's five fastest growing economies"

Dubai, UAE, 11th June 2015

Dubai witnessed a 4.5 % GDP growth last year, and a 6.5 percent rise in employment, driven by long term planned infrastructure and the ideal investment environment offered by the Emirate.

Quoting these figures, Hafeez Abdullah, Chairman of 'The H Holding Enterprise', one of the fast growing investment firms in Dubai, said that the situation has improved further in 2015, indicating stronger economic growth in the short term.

A recent 'Monthly Insights' report published by Emirates NBD based on economic data reveals that the UAE economy expanded in Q1 2015, notwithstanding relatively lower oil prices.

The H Holding Enterprise, which is the mother company of several firms, including Omega Real Estate, witnessed significant increase in its operations since its official launch in 2014. Omega diversified into Facilities Management, foreseeing the growth potential of this sector.

Quoting the Monthly Insights report, Abdullah said a significant increase in non-oil export orders suggests that the manufacturing sector is holding up well, supported by low commodity prices and regional demand. Also to be considered is Expo 2020, which is now just 5 years away, whetting the investment appetite of local players keen to be part of this mega global event.

"Looking closely at the changes in the international market give us optimism about the UAE market. We are determined to achieve our target of building a portfolio of AED 500 million by the end of the year," says Abdullah.

"Regional and international investors are the key drivers of the UAE real estate industry. Competition is still on the rise and Dubai's market holds great potential for new investors. We are satisfied with the results achieved so far, and definitely expect this growth to continue in the second half of 2015," concluded Abdullah.

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© Press Release 2015