Umm Al Quwain Properties and Deyaar Development have signed a strategic partnership agreement to develop projects on the Umm Al Quwain beachfront, in a ceremony attended by Sheikh Ahmed bin Saud bin Rashid Al-Mualla, Vice President of the Executive Council of the Emirate of Umm Al Quwain.
Sheikh Majid bin Saud bin Rashid Al-Mualla, Head of the Department of Tourism and Antiquities, signed on behalf of Umm Al Quwain Properties, while Saeed Mohammed Al Qatami, CEO of Deyaar Development, represented his company.
Speaking at the event, Sheikh Ahmed bin Saud bin Rashid Al-Mualla said the government remains committed to enhancing “partnerships aimed at providing modern infrastructure to build a prosperous economic future for the emirate.”
The collaboration is part of the emirate’s strategic plan for promoting sustainable tourism through coastal development.
“Through our collaboration with Umm Al Quwain government, we aim to lay new foundations for development projects in the emirate by innovating in design and creating residential spaces that enhance the quality of life while striking an ideal balance between modern living and a connection to nature,” Al Qatamo said.
“We are enthusiastic about this collaboration, which will enable us to leverage the abundant opportunities the region presents, thereby contributing to the establishment of an attractive investment environment and the realisation of sustainable development initiatives,” he added.
The ceremony was attended by Sheikh Abdullah bin Saud bin Rashid Al-Mualla, Head of the Department of Finance; Sheikh Hamid bin Saud bin Rashid Al-Mualla, Head of the Office of His Highness the Ruler of Umm Al Quwain; Sheikh Ahmed bin Nasser bin Ahmed Al-Mualla, Special Advisor to His Highness the Ruler of Umm Al Quwain; and His Excellency Saif Hamid Salem, Director of the Office of His Highness the Crown Prince of Umm Al Quwain.