Tanmiyat focuses on overseas developments

Saudi-based investment and real estate developer Tanmiyat is confident that Cityscape Dubai will attract foreign capital to its major developments outside the UAE.
Despite its efforts to move forward its projects in the UAE, particularly the muti-purpose Living Legends development in Dubailand and the Business Bay projects which Tanmiyat is fully committed to complete at the earliest, Tanmiyat officials said that the company remains financially stable and is currently focusing on other developments in Saudi Arabia, Mauritania and Sudan.
“We are stable and we believe that Cityscape Dubai is still the right venue where we can meet decision-makers and investors who would like to explore business elsewhere,” explained Abdullah Al-Dehaim, Deputy Chief Operation Officer.
Cityscape Dubai, now rebranded as Cityscape Global, attracts regional and international investors, property developers, governmental and development authorities, leading architects, designers, consultants and senior professionals involved in the property industry.
Al-Dehaim added: “Tanmiyat supports events like Cityscape Dubai which showcases the uniqueness of the emirate as the regional center for investment and tourism. We are delighted just to see around us other forward-looking developers who are optimistic that the UAE property market will eventually rebound in the near future.”
Tanmiyat is the Foundation Sponsor this year, while it was the Platinum sponsor last year, and has been participating for the fifth year in a row.