Tunisia Economic Forum honours H.E. Mohammed Al Gergawi

Tunisia Economic Forum honours H.E. Mohammed Al Gergawi

November 10, 2007

DUBAI, 10 November 2007: H.E. Mohammed Al Gergawi, Minister of State for Cabinet Affairs and Chairman of Dubai Holding, was honoured by the Tunisia Economic Forum for his immense contribution to trade and investment ties between Tunisia and the UAE.

Held under the patronage of H.E. President Zein El-Abidine Ben Ali from November 9-10, the event was attended by Tunisia's Prime Minister Mohamed Al Ghannoushi and more than 700 senior representatives from Tunisia and the wider Arab World.

Presented by Tunisia's Prime Minster and a representative of Al Iktissad wal Amal newspaper, the honour recognises Al Gergawi's instrumental role in driving massive investments in Tunisia, including projects by Dubai Holding entities.

The projects include Dubai Holding's flagship $14bn 'Mediterranean Gate' real estate development, launched in the presence of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, during his official visit to Tunisia earlier this year.

In addition, the consortium comprising TECOM Investments and Dubai Investment Group (TECOM-DIG), both members of Dubai Holding, has a 35% stake in Tunisia's national telecom provider, Tunisie Telecom.

Acknowledging the award, Al Gergawi said: "The Tunisia Economic Forum is one of the region's most prominent business platforms. It offers investors new avenues for exploring untapped opportunities for economic cooperation with Tunisia as well as other Arab countries.

"This forum will help us identify new areas of cooperation and seek ways to contribute to the development of Tunisia and the region. The UAE is keen to leverage its strengths to ensure continued prosperity in the region."

The main topics that will be addressed at the forum include Tunisia's economic prospects and the 'Tomorrow's Tunisia' programme, which sets out the prospects and investment opportunities in various sectors including banking, insurance, tourism, infrastructure and real estate.