Dubai official: Saudis back real-estate projects

Published March 24th, 2005 - 06:46 GMT
Al Bawaba
Al Bawaba

Saudi investors and businessmen are confident in Dubai's ambitious multi-million dollar real-estate and other infrastructure development projects, said Khalid A bin Sulayem, Director General of Dubai Department of Tourism and Commerce Marketing (DTCM).


Addressing reception-cum-presentation ceremony in Riyadh, organised by the DTCM's Overseas Representation office for Saudi Arabia,  bin Sulayem noted the year-on-year growth in Saudi guests to Dubai hotels strong reflects the growing bonds between the two AGCC member-states.