Barter Utilized At The Highest Business Levels
Tamouh, the
pioneering real estate developer, joined public and private sector
entities from the international community at the recently held UAE-France
Partnership Forum 2007 in Paris.
The trade
exhibition came about as a result of the need for a barter agreement
between the two nations, as trade between the UAE and France has
increased steadily over the past ten years. The event served as a
platform for local business drivers to stimulate Emirati economic
growth and encourage bilateral trade with France through the
promotion of products and services from a variety of companies in
the public and private sectors.
The Partnership
Forum is a key point for the UAE and France to come together for
mutual cooperation and economic benefit through an open discussion
on exchange between the two nations. In its position as the sixth
largest economy in the world, France remains a key ally to the UAE.
With the strong history of business partnerships between the two
nations, the G8 member continues to contribute to the global trade
presence of the UAE.
Commenting on
the exhibition, Joe Ong, CEO of Tamouh, said, �As an Abu Dhabi-based
real estate developer it is essential that Tamouh participate in
discussions such as the UAE-France Partnership Forum. Through the
Forum, Tamouh and other business entities will benefit from new
industry partnerships and investment opportunities on both local and
international arenas.�
Tamouh is the
primary developer of Al Reem Island, with key projects such as
Marina Square and City of Lights comprising 60% of the development.
The Abu Dhabi-based company is also responsible for Fantasy Island,
Meena Plaza, the Royal Group Headquarters, and two blocks of the
multipurpose project Danet Gateway.