Saudi-based investment and real estate developer Tanmiyat said it remains financially stable and is currently focusing on other developments in the Mauritania and Sudan.

Tanmiyat was the Foundation Sponsor this year of the recently concluded Cityscape Global real estate expo. It was the Platinum sponsor last year, and took part for the fifth year in a row.

“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,” remarked Abdullah Al-Dehaim, deputy chief operation officer on the sidelines of Cityscape Global expo.

The real estate expo attracts regional and international investors, property developers, governmental and development authorities, leading architects, designers, consultants and senior professionals involved in the property industry.

“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,” Al-Dehaim added.-TradeArabia News Service