Mohammed bin Rashid orders biannual Gitex

Dubai, Oct 3, 2012 (WAM) - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday ordered the organisers to hold Gitex Shopper twice a year in view of the increasing demand. He issued the order after visiting the expo. Sheikh Mohammed also visited the real estate expo, Cityscape Global, which was opened at Dubai World Trade Centre earlier in the day. He expressed satisfaction at the robust return of Cityscape, which has 50 per cent more exhibition area this year, a positive indication of the realty sector’s gradual recovery. Accompanied by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, he rounded off his tour by visiting Meydan stand, the biggest in the show. He launched the Dh4 billion tourism and entertainment project ‘Mohammed bin Rashid Gardens’. Sheikh Mohammed also viewed a residential tower project being executed at Sheikh Zayed Road at a cost of Dh1.5 billion, which he named as ‘Intisar’ (Victory), and the Dh2 billion Jumeirah Island residential-cum-tourism project by Meraas Properties Development Company.