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    <title><![CDATA[2010 - Real Estate Investment World Summit]]></title>
    <link><![CDATA[http://www.reis-saudi2010.com
www.reis-saudi.com]]></link>
    <language><![CDATA[en-us]]></language>
    <item>
      <title>Home</title>
      <link><![CDATA[http://www.reis-saudi2010.com
www.reis-saudi.com/EventContent/Home.aspx?id=69]]></link>
      <description>
        <![CDATA[3/1/2010 12:00:00 AM]]>
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    <item>
      <title>Agenda</title>
      <link><![CDATA[http://www.reis-saudi2010.com
www.reis-saudi.com/EventContent/EvtAgenda.aspx?id=69]]></link>
      <description>
        <![CDATA[Monday March 1st 2010 - Institutional investment outlook
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            09:00 - 09:25
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            Registration and welcome refreshments
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:25 - 09:30
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        <td class="tdTopic" style="padding: 10px;">
            Recitation of The Holy Qu'ran
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:30 - 09:40
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        <td class="tdTopic" style="padding: 10px;">
            Welcome address by conference chairperson
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <STRONG><FONT color=#008330>Alan Hall – Senior Counsel, Al Tamimi &amp; Company</FONT></STRONG><BR>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:40 - 10:20
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            Panel discussion:
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <P align=justify><STRONG><EM><FONT color=#008330>Beyond the Crisis: 2010 Middle East Real Estate Outlook<BR></FONT></EM></STRONG><FONT color=#008330>Omar Al Kadi – President &amp; Managing Director, Injaz Development Company<BR>Dr. Samir Mannai – Managing Director-Investment Banking Division, Falcom Financial Services<BR>Yasser Abu Ateek – General Manager, Dar Al Tamleek<BR></FONT><FONT color=#666666>- Analysing the flow of capital within the Middle East: Inbound versus outbound real estate investments.&nbsp;<BR>- Real estate risks versus returns.<BR>- The role of banks in re-capitalisation initiatives. <BR>- The liquidity crisis: Are we in the clear?<BR></FONT></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            10:20 - 10:40
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            Keynote address:
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            &nbsp;
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            <P align=justify><STRONG><EM><FONT color=#008330>Emerging Opportunities in the Middle East<BR></FONT></EM></STRONG><FONT color=#008330>Dean Michael – Chief Executive Officer, ATCONZ</FONT><BR><FONT color=#666666>Case study on Iraq</FONT><BR></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            10:40 - 11:00
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            Keynote address:
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            &nbsp;
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            <P align=justify><STRONG><EM><FONT color=#008330>Keynote presentation by ICICI Prudential Asset Management&nbsp;<BR></FONT></EM></STRONG><BR></P>
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            11:00 - 12:30
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        <td class="tdTopic" style="padding: 10px;">
            Dohor prayers, executive networking and pre-scheduled one-to-one meetings
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            12:30 - 13:00
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        <td class="tdTopic" style="padding: 10px;">
            Keynote address:
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            &nbsp;
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            <P align=justify><FONT color=#000000><STRONG><EM><FONT color=#008330>Project Financing: Is it dead?</FONT></EM></STRONG><BR></FONT><FONT color=#666666>-The future of project financing.<BR>-Has bank lending come to an end?<BR>-The role of institutional investment in financing existing and future projects.<BR></FONT></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            13:00 - 13:30
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            Keynote address:
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <STRONG><EM><FONT color=#008330>Real Estate Appraisals: Determining the true value of your assets</FONT></EM></STRONG><BR><FONT color=#008330>Emad Shorrab – Director General, Arab Real Estate Academy</FONT><BR><FONT color=#666666>-Standardizing asset valuation in the Middle East.<BR>-Measuring the losses in value in the local markets</FONT>.
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            13:30 - 14:30
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            Networking luncheon
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            14:30 - 15:30
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            Investor round tables
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <STRONG><EM><FONT color=#008330>Invest in Iraq<BR>Invest in India<BR>Invest in Brazil<BR>Invest in Saudi Arabia</FONT></EM></STRONG>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            15:30 - 15:55
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            Investor round tables summaries
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            15:55 - 16:00
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            Closing remarks by conference chairperson
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            16:00 - 17:00
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            Coffee break and open business meetings
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            &nbsp;
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Tuesday March 2nd 2010 - Family and royal office investment outlook
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:00 - 09:30
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        <td class="tdTopic" style="padding: 10px;">
            Welcome refreshments
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:30 - 09:40
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        <td class="tdTopic" style="padding: 10px;">
            Welcome address by the conference chairperson
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            &nbsp;
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            09:40 - 10:20
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            Panel discussion:
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <P align=justify><FONT color=#008330><STRONG><EM>Saudi Investor Strategies: Saudi Arabian Real Estate Investment Outlook<BR></EM></STRONG>Moderated by: John Harris – Head of Saudi Branch, Jones Lang LaSalle<BR>Majed Al Hogail – CEO, Rafal Real Estate Development Co.<BR>*Essam Kalthoum – CEO, Al Shamiyah Urban Development<BR>*Abdulaziz Al Duailej – CEO, Al Oula Real Estate Development Co.<BR></FONT><FONT color=#666666>- Inbound versus outbound real estate investments.<BR>- Real Estate Debate: Asset class analysis.<BR>- Mortgage Law Update: A catalyst for real estate growth?<BR>- Risk management in family and royal offices.</FONT></P>
<P align=justify><STRONG><EM><FONT color=#008330><BR></FONT></EM></STRONG>&nbsp;</P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            10:20 - 10:40
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            Keynote address:
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            &nbsp;
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            <P align=justify><STRONG><EM><FONT color=#008330>Keynote presentation by Dar Zeema</FONT></EM></STRONG><BR><FONT color=#666666><BR></FONT></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            10:40 - 11:00
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            Keynote address:
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            &nbsp;
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            <P align=justify><STRONG><EM><FONT color=#008330>Investor Sentiment Analysis</FONT></EM></STRONG><BR><FONT color=#008330>James A. Fetgatter – Chief Executive, AFIRE</FONT><BR><FONT color=#666666>-Taking a closer look at the outlook for foreign investors in real estate.<BR>-Has there been a boost in investor confidence?<BR>-What markets are real estate investors most optimistic about?</FONT><BR><BR></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            11:00 - 12:30
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        <td class="tdTopic" style="padding: 10px;">
            Dohor prayers, executive networking and one-to-one pre-scheduled business meetings
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            12:30 - 13:00
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            Keynote address:
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            &nbsp;
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            <P align=justify><FONT color=#666666><FONT color=#008330><STRONG><EM>Developing Affordable Housing Solutions in the Kingdom of Saudi Arabia</EM></STRONG><BR>Barmak Besharaty – Chief Business Officer, Ebram Investments</FONT><BR>-Demographic trends and housing supply issues in Saudi Arabia.<BR>-Development activities to support the housing needs of Saudi Arabia and the Gulf.<BR>-Financing projects in the Gulf region given the current global credit environment.<BR>-A case study of an affordable housing project in Saudi Arabia.<BR></FONT><FONT color=#666666><BR></FONT></P>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            13:00 - 13:30
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        <td class="tdTopic" style="padding: 10px;">
            Keynote address:
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            &nbsp;
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            <FONT color=#008330><STRONG><EM>Shari’ah Compliance in Real Estate: Is there a cost for Islamic investments?</EM></STRONG><BR>*Khalid M. Al Aboodi – CEO, Islamic Development Corporation</FONT><BR><FONT color=#666666>-Overview of Islamic real estate investment products<BR>-ROI on Shari’ah compliant investments compared to traditional products<BR></FONT>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            13:30 - 14:30
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        <td class="tdTopic" style="padding: 10px;">
            Networking luncheon
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            14:30 - 15:30
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        <td class="tdTopic" style="padding: 10px;">
            Investor round tables
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            <EM><STRONG><FONT color=#008330>Invest in the United States<BR>Invest in affordable housing<BR>Invest in Islamic Finance</FONT></STRONG></EM>
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            15:00 - 16:30
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        <td class="tdTopic" style="padding: 10px;">
            Executive networking and open business meetings
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            &nbsp;
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        <td style="padding: 10px; width:450px;">
            
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            15:30 - 15:55
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        <td class="tdTopic" style="padding: 10px;">
            Investor round tables summaries
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        <td>
            &nbsp;
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        <td style="padding: 10px; width:450px;">
            
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            15:55 - 16:00
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        <td class="tdTopic" style="padding: 10px;">
            Closing remarks by conference chairperson
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        <td>
            &nbsp;
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        <td style="padding: 10px; width:450px;">
            
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        <td class="tdHour" style="padding: 10px; padding-left: 7px; width:100px;">
            16:00 - 17:00
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        <td class="tdTopic" style="padding: 10px;">
            Coffee break and open business meetings
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        <td>
            &nbsp;
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    </item>
    <item>
      <title>Why Attend</title>
      <link><![CDATA[http://www.reis-saudi2010.com
www.reis-saudi.com/EventContent/WhyAttend.aspx?id=69]]></link>
      <description>
        <![CDATA[<P align=justify><FONT color=#666666>•Discover <STRONG><FONT color=#057b30>investment opportunities</FONT></STRONG> in GCC’s hottest real estate sectors&nbsp; including industrial, retail, residential and leisure.<BR>•Identify <STRONG><FONT color=#057b30>new sources of capital</FONT></STRONG> and uncover in-depth institutional investment, hedge funds and private equity insights.<BR>•<STRONG><FONT color=#057b30>Network</FONT></STRONG> with investors, fund managers, developers, solution and service providers, top economists and local industry experts&nbsp;to establish new strategic partnerships.<BR>•<STRONG><FONT color=#057b30>Explore</FONT></STRONG> the latest development on Islamic REITs and&nbsp;their implementation challenges in Saudi Arabia.<BR>•Review regional real estate <STRONG><FONT color=#057b30>investment opportunities:</FONT></STRONG> What’s hot, where and why?<BR>•<STRONG><FONT color=#057b30>Examine</FONT></STRONG> the business case and financial models for green buildings and sustainability.<BR>•Recieve your&nbsp;<STRONG><FONT color=#057b30>G</FONT><FONT color=#057b30>old Access Card</FONT></STRONG> and be part of exclusive events.<BR>•Meet with <STRONG><FONT color=#057b30>high net-worth individuals</FONT></STRONG> from the Middle East.<BR>•<STRONG><FONT color=#057b30>Expand</FONT></STRONG> your investments portfolio and increase your client network.<BR>•Experience an exclusive event that is <STRONG><FONT color=#057b30>uniquely interactive</FONT></STRONG> in the Kingdom of Saudi Arabia.</FONT></P>

<P align=justify><STRONG><FONT color=#008330>NETWORKING OPPORTUNITIES</FONT></STRONG><BR><FONT color=#666666>The <FONT color=#008330><STRONG><EM>Real Estate Investment Summit</EM></STRONG></FONT> has been&nbsp;organised&nbsp;around high powered&nbsp;networking&nbsp;sessions to guarantee that you walk away with&nbsp;&nbsp;crucial new strategic partnerships. Don’t miss the opportunity of the year to meet your peers from across the industry. Networking opportunities include:</FONT></P>
<P align=justify><FONT color=#666666>• An exclusive and luxurious VIP lounge throughout the event.<BR>• Speed-networking coffee breaks.<BR>•&nbsp;Power boosting&nbsp;breakfasts.<BR>• Gourmet lunches.<BR>• An extensive exhibition.<BR>• An awards ceremony in a regal environment.<BR>• Dining with other VIP guests at your reserved corporate table.<BR>• Extended Q&amp;A sessions.</FONT></P>
<P align=justify><STRONG><FONT color=#008330>NETWORKING OPPORTUNITIES</FONT></STRONG><BR><FONT color=#666666>The <FONT color=#008330><STRONG><EM>Real Estate Investment Summit</EM></STRONG></FONT> has been&nbsp;organised&nbsp;around high powered&nbsp;networking&nbsp;sessions to guarantee that you walk away with&nbsp;&nbsp;crucial new strategic partnerships. Don’t miss the opportunity of the year to meet your peers from across the industry. Networking opportunities include:</FONT></P>
<P align=justify><FONT color=#666666>• An exclusive and luxurious VIP lounge throughout the event.<BR>• Speed-networking coffee breaks.<BR>•&nbsp;Power boosting&nbsp;breakfasts.<BR>• Gourmet lunches.<BR>• An extensive exhibition.<BR>• An awards ceremony in a regal environment.<BR>• Dining with other VIP guests at your reserved corporate table.<BR>• Extended Q&amp;A sessions.</FONT></P>
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    <item>
<title>News</title>
<link><![CDATA[http:// www.reis-saudi2010.com
www.reis-saudi.com/EventContent/News.aspx?id=69]]></link>
<description><![CDATA[<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">&nbsp;Real Estate Investment World Summit 2009 - </SPAN></B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="http://www.naseba.com/source/d_files/4/6/5/8/1/Press%20Clippings%20-%20REIS%202009.pdf"><B><SPAN style="COLOR: #008330; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">PRESS COVERAGE</SPAN></B></A><?xml:namespace prefix = o /><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">===</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">Value of ongoing and planned real estate projects for Saudi Arabia estimated at $586bn</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"> </SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">November 8th, 2009</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> - The value of ongoing and planned projects in the Kingdom of Saudi Arabia are estimated at $586bn, according to a report.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">The report by marketresearch.com said the estimated amount represented around 128% of KSA"s GDP. <BR><BR>While office rental prices have held up in Riyadh, several supply issues have placed pressure on prices in Jeddah. However, there is a consensus that these prices will recover later this year or early next year. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">Saudi Arabia is currently embarking on much needed reforms, introducing new laws as well as a regulatory framework to ensure that the growth of its real estate sector remains healthy and viable. KSA is also expected to introduce a mandatory escrow account/guarantee system for off-plan sales.<BR><BR>With this in mind naseba - a business information company that produces, promotes and hosts upper-level executive B2B congresses and forums - is proud to present the second annual Real Estate Investment World Summit (REIS). The event is set to take place from November 9th - 10th at Al Faisaliah Hotel, Riyadh, Saudi Arabia. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">Commenting on the summit, Fabien Faure, Group Managing Director, naseba said: "Despite the global financial crisis, the Saudi real estate market still provides a fertile ground for investment. There is an increasing demand for housing in KSA with investments having returns of no less than thirty percent. As a result, all eyes are now on the biggest economy in the Middle East, monitoring the steps that will be taken in order to overcome the crisis. We strongly believe that the second annual Real Estate Investment World Summit (REIS) will be the ideal platform to discuss the latest trends and opportunities in a dramatically changing market. We are looking forward to a successful edition of REIS." [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">To read the full press release, visit </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="http://www.ameinfo.com/215116.html"><SPAN style="COLOR: #057b30; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">AME Info</SPAN></A></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #057b30; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">===</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">High-end property demand continues to be valued asset despite the challenging times</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">Ultra-prestige property developer Zaya at Real Estate Investment World Summit in Riyadh</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">April 20th, 2009</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> - naseba, a leading firm specializing in organizing high profile conferences and events, is set to host the second annual Real Estate Investment World Summit, taking place on 24<SUP>th</SUP>-26<SUP>th</SUP> May 2009 in Riyadh in the Kingdom of Saudi Arabia (www.reis-saudi.com). The three-day summit will bring together key government bodies, high net worth individuals, property developers, private and institutional investors, financial institutions and large family business owners.&nbsp; The summit will focus on the latest trends and issues in the industry, such as the international investment climate, Islamic financing and its risks and returns, investor sentiments and transparency of laws and regulations, investment in the Middle East and Africa with major focus on the property market.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">Despite the economic slowdown, the high-end property market in the Middle East region continues to prosper as Zaya, a high-end property developer taking part to the Summit, explained. The clientele in this market consists of business owners, investors and family businesses from GCC countries, India, Russia, UK, Germany and France. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">“Zaya is backed by the financial strength and experience of its joint-venture partners putting it in a strong position to face the challenges of the global property market</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">,” said Zaal, pointing out that the project has remained on schedule despite the current industry slowdown. </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">“In creating a vibrant, well-planned and sought-after private island community, we believe the long term equity of the properties will steadily appreciate in value, particularly with Abu Dhabi as the backdrop to Nurai, given the city’s financial stability and sustainable growing economy – Abu Dhabi’s GDP is expected to triple to about $300 billion in 2025</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> .” [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">To read the full press release, visit </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="https://www.zawya.com/printstory.cfm?storyid=ZAWYA20090420101002&amp;l=101000090420"><SPAN style="COLOR: #008330; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">zawya</SPAN></A></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">===</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 1" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt">Real estate summit</SPAN></B><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 24pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt"><o:p></o:p></SPAN></B></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">Istanbul, February 2009</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">&nbsp;- The second Real Estate Investment World Summit will be held in Riyadh on May 24. The summit will explore investment opportunities as well as the impact of the crisis.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">Following the success of the inaugural Real Estate Investment World Summit in 2008, Naseba, a leading business information company based in Dubai, has announced a second edition to be held in Riyadh, Saudi Arabia, on the May 24. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">In response to the current worldwide situation, the summit will focus on the impact of the credit crunch on the international real estate and investment markets, investor sentiments and trust, the risks and returns of Islamic financing, legal perspectives on the current economic crisis as well as advice to investors and developers. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 12pt; mso-margin-top-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">To read the full article, visit </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="http://hurarsiv.hurriyet.com.tr/goster/haber.aspx?id=11042869&amp;tarih=2009-02-20"><SPAN style="COLOR: #057b30; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">Hürriyet Daily News</SPAN></A></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #057b30; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""><BR style="mso-special-character: line-break"><BR style="mso-special-character: line-break"></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">===</SPAN></B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">Retired Chairman of Citigroup to speak at Real Estate Investment World Summit in Saudi Arabia</SPAN></B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">February 18th, 2009</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> - Following the success of the inaugural Real Estate Investment World Summit in 2008, Naseba launches the 2nd edition in Riyadh, Kingdom of Saudi Arabia on the 24th May 2009 at the Four Seasons hotel.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">This year, the Summit has assumed even greater importance. Not only will it explore investment opportunities, it will also look at the issues arising from how the present economic conditions impact on the real estate industry in the Middle East region, with a special focus on Saudi Arabia. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">This year"s event brings together eminent visionaries including the leading international finance icon and accomplished corporate leader, Sir Winfried Bischoff, retired Chairman of Citigroup, who will participate in the discussion panel "Beyond the financial crisis: What next?". His innovations in leadership and ability to sustain results over a long period of time will add cutting-edge input to this discussion.<BR><BR>Sir Win of Citigroup commented:</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">"</SPAN><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">Governments around the world are putting in place different measures to combat the financial crisis, which is expected to be more severe than any other of the last 75 years. Arising from these efforts will be opportunities for recovery and growth. The Riyadh Summit will be an important occasion to examine these potential positive developments for the future." </SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">[...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">To read the full press release, visit </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="http://www.ameinfo.com/185283.html"><SPAN style="COLOR: #008330; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">AME Info</SPAN></A></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><BR></SPAN><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">===</SPAN></B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #008330; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">Financial slowdown, liquidity issues and lack of investor"s confidence are current key challenges facing the real estate</SPAN></B><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">January 14th, 2009</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman""> - naseba released a survey report on real estate investment in the Middle East conducted among 104 real estate developers, banks and financial institutions.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">The survey focuses on several major issues including the current challenges in the real estate sector in the Middle East, the emerging markets in the region and financing options for future real estate projects.<BR><BR>The global turmoil, unstable oil prices and the plunging stock markets have created a fresh challenge in terms of real estate business growth, profitability, liquidity and lack of investor’s confidence. The majority of the survey respondents announced that the current financial slowdown, liquidity issues and lack of investor’s confidence (respectively 88, 5%, 80, 7% and 46%), are the current key challenges faced by the real estate sector.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">92% of surveyed professionals alleged that the current financial slowdown will influence their upcoming projects, while only 8% of respondents stated that it would not affect their projects. However, they predict the growth in the sector will continue.<BR><BR>“</SPAN><I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"; mso-bidi-font-size: 11.0pt">The sentiment and the fear are not there. In one day we’ve seen the whole stock market around the world in RED which is an extraordinary event. It is reality yet we are committed to the real estate sector. We’ll continue to be strong and support the developers</SPAN></I><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.” shared Khaled Al Khamda, Dubai Islamic Bank. [...]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">In response to the current worldwide situation, the second edition of the Real Estate Investment World Summit, organized by naseba, will focus on the foreign direct investment in the Middle East, Islamic opportunities and private equity. Experts will also give recommendations on and address the present challenges of the real estate investment market. The Real Estate Investment World Summit, a leading platform of naseba Investment Series, is taking place on May 24th – 26th, 2008 in Riyadh, Kingdom of Saudi Arabia. [end]</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto" class=MsoNormal><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: black; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">To read the full article, visit </SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><A href="http://www.arabianbusiness.com/press_releases/detail/35735"><SPAN style="COLOR: #057b30; FONT-SIZE: 10pt; mso-bidi-font-size: 11.0pt">Arabian Business</SPAN></A></SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; COLOR: #057b30; FONT-SIZE: 10pt; mso-fareast-font-family: "Times New Roman"">.</SPAN><SPAN style="FONT-FAMILY: "Times New Roman","serif"; FONT-SIZE: 12pt; mso-fareast-font-family: "Times New Roman""><o:p></o:p></SPAN></P>
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