Amman, 9th June, 2005 - The Abdali Investment and Development PSC confirmed as gold sponsor and participant at the Arab Economic Forum held in the Lebanese Capital Beirut under the patronage of H.E. Prime Minister Mr. Najib Miqati on the 16th and 17th of June 2005. The Arab Economic Forum is the most influential economic and financial forum in the Arab region and is one of the few occasions that brings together business leaders, members of civil society organizations, academics, scientists and policy-makers all under one roof. Abdali PSC's participation and sponsorship comes in recognition of this great opportunity that allows for a solid platform to all participants to debate ideas, exchange views, launch initiatives and networking with business, government and civil society leaders from across the region and other countries.
Abdali PSC will participate with the attendance of Vice Chairman Eng. Akram Abu Hamdan, General Manager Eng. Joseph Helou, and Marketing and Sales Manager Eng. A-Munem Nahhar. Mr. Helou will be presenting the Abdali Urban Regeneration Project which will be constructed on 350,000m2 in the heart of the capital Amman, highlighting the Abdali PSC mission and main objectives behind such a colossal project first of its kind in the city and how through the unique partnership between the public and private sectors this project is turning into an actuality.
"The Abdali project will be one of the core topics of discussion during the forum's sessions, through which the project will be presented demonstrating its positive impact on the Jordanian real estate market and its effects on the investment and economic environment in the Kingdom, besides the social advantages a project such as this will incur" said Eng. Nahar.
The Arab Economic Forum will include a special ceremony dedicated to honor the late Prime Minister Rafic Hariri, who was a founder and president of the forum, showcasing his economical achievements on the Lebanese and Arab markets in general. The forum will discuss Free Trade Agreements in the Arab region and their impact on growth and development, and will also address the challenges of the Arab economy, globalization, crisis management, investment, and other hot topics on the Arab economical field.
The conference which enjoys the coverage of over 100 Arab and international media agencies aims to support and inspire the Arab economy and the investment environment in the region through adopting supportive economical rules and regulations and researching the available opportunities and strengthening the Arab economical cooperation. This conference is also considered as one of the rich opportunities for the encounter of business men and decision makers to discuss and present investment trials.
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About Abdali PSC
Abdali Investment & Development Psc is a manifestation of the successful public-private partnership between The National Resources Investment and Development Corporation (MAWARED), which is Jordan's largest government-owned investment corporation involved in real estate development, and Oger Jordan, which is the Jordanian branch of Saudi Oger - an international construction conglomerate specialized in investment and development of large scale real estate and construction projects.
For more information please contact:
Media Contact:
Luna Madi
Headline PR
Tel: + 962 6 552 8174 ext. 300
Fax: + 962 6 552 8175 ext. 399
Mobile: + 962 777 202 666
© Press Release 2005
