New York- November 12, 2008 - Global Leadership Team today announced a strategic partnership with Sorouh Real Estate PJSC, one of Abu
Dhabi's leading real-estate companies, for the Future Capitals World Summit that will held in Abu Dhabi, UAE, in January 2009.
Abu Dhabi is set to become one of the region's great future capitals, says Mounir Haidar, CEO of Sorouh, a strategic partner. Sorouh's landmark developments such as Shams Abu Dhabi and Lulu Island, are planned in close co-operation with the government of Abu Dhabi and in-keeping with its vision for a sustainable future as laid out in Plan Abu Dhabi 2030. At Sorouh, we are committed to creating both a leading capital city, particularly communities in which people want to live.
With its economic and cultural growth, Abu Dhabi is both an appropriate location and a case study for Future Capitals. Plan Abu Dhabi 2030, developed by the Urban Planning Council, will ensure that the
emirate's capital city will grow according to the following key principles: environmental and economic sustainability; transport planning; engaging public spaces; and the promotion of Emirati culture.
International delegates to the summit will include: government leaders and prominent city mayors; private sector and multinational chief executives; major investors; urban designers, real-estate developers and architects; cultural and academic stakeholders; energy and environmental experts. Special guests will take part in multimedia forums led by global experts in their fields. Interactive sessions will allow for wide participation and debate and CNBC will broadcast live from some key panel debates.
"The City of Rome is so excited to participate at the Summit because its agenda seeks to discover and share the qualities that will define tomorrow's Future Capitals - those cities that will attract fmore businesses, residents, visitors, philanthropists, and educational and cultural opportunities - and capital - than their counterparts," says H.E. Gianni Alemanno Mayor of the City of Rome.
Abu Dhabi will provide a unique setting for the event which will take place from 13 to 15 January 2009.
Interaction will be key to the success of this important event, says Sam Hamdan, CEO of Global Leadership Team. We want to bring participants together to share best practice and innovative ideas, and to create partnerships and collaborations. To that end, we are planning dynamic networking events, and an awards ceremony to honor the achievements of the most innovative professionals worldwide.
Our goal is to deliver a practical outcome for participants: tangible solutions, as well as useful networks for Future Capital leaders. We hope that this Summit is one step along the road in building not just successful cities, but a better world in which to live.
For further information, visit www.futurecapitals.org
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About Sorouh Real Estate PJSC
Abu Dhabi-based Sorouh Real Estate PJSC is one of the UAE's leading property companies, with more than AED 70 billion worth of projects under development in the UAE and internationally. Established in June 2005 with a capital of AED 2.5 billion, Sorouh is now one of the largest real estate developers on the Abu Dhabi Securities Exchange. In July 2008, the
company's market capitalization was AED 23.2 billion with approximately 40,000 shareholders.
Sorouh is active internationally, with up and coming projects in Egypt and Morocco. Working in master-planning, master-development and property related fields, Sorouh has some of the
region's most important developments underway, including Abu
Dhabi's Lulu Island, SHAMS Abu Dhabi, The Gate District at SHAMS Abu Dhabi, Alghadeer, Saraya and Golf Gardens, all developed in close cooperation with the Abu Dhabi Government and its vision for the future.
Sorouh has received international recognition for its projects. Recent awards include:
- Best New Business - Middle East Business Achievements Awards 2007
- Best Commercial Project for the Gate District - Abu Dhabi Cityscape 2007
- Best development, Central Park, Shams Abu Dhabi - CNBC Arabian Property Awards 2007
- Best Customer Service Company - Real Estate category, Middle East Excellence Awards Institute 2008