Emaar is summit partner of World Economic Forum meetings in Sharm El Sheikh

Dubai, UAE, May 16, 2006: Emaar Properties, the leading property development company, today announced it is to take a key role at this weekend’s World Economic Forum (WEF) meetings to be held at the Sharm El Sheikh resort in Egypt from May 20 to 22, 2006.

The Dubai-based property major announced that it is continuing its founding partnership status for the Middle East meeting for the fourth successive year. The sharing meeting is scheduled to attract heads of state and CEOs of global and regional corporations to turn the spotlight on “The Promise of the New Generation” – the theme for this year’s Middle East forum. The focus of the three-day event will be the regional business agenda; the rule of law and democracy; the challenge of employment and migration; peace, security and international relations; and youth, culture and identity in the Middle East.

Speaking on the eve of the latest WEF gathering, Mohamed Ali Alabbar, Director General of the Government of Dubai’s Department of Economic Development and Emaar Chairman said: “The Egypt meeting of the Forum is convening at an opportune time for the whole region. What is discussed and decided will shape the region’s agenda in the coming years.”

Mr. Alabbar will be participating in the Al Arabiya live TV debate at the meeting labeled ‘Stock Markets: Source of Prosperity or Instability’ which is one of the meeting highlights. He will also participate in a session called ‘Accentuate the Positive: Transforming the Arab World’s role in Global Affairs’.  

Alabbar said the forum continues to provide opportunities for countries to learn from the experiences of others and challenges participants to think in new ways. He committed Emaar to continuing with its support of WEF’s pioneering initiatives.