Printer Friendly
The Free Library
14,504,729 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

NAI Global, MTAF Group Announce Plans to Develop NAI Offices across United Arab Emirates Territory.


PRINCETON, N.J. -- NAI See Network Associates.  Global, the world's largest network of independently owned commercial real estate brokerage firms, today announced it has entered into an agreement with Mohammed Abdul Salam Al Rafi Group to open NAI offices throughout the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman.  (UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. ).

Originally founded in 1959 in Dubai as a trading business, MTAF Group began developing and investing in commercial real estate throughout the United Arab Emirates in 1970 as Dubai began to flourish. Today Al Rafi Group is one of the largest real estate groups in the UAE. The company owns over 30 office and industrial properties and 1,200 apartment units, and has 4 million square feet in new office space under construction. The company's services include development, sales, property management and BOT.

The second largest emirate e·mir·ate  
n.
1. The office of an emir.

2. The nation or territory ruled by an emir.

Noun 1. emirate - the domain controlled by an emir
 in the UAE, Dubai is home to many thriving industries due in part to the government encouraging business diversification, resulting in economic prosperity. Such industries include automotive, aviation, pharmaceutical, ship building, fertilizer, aluminum, cement and gold.

"Strategically located between Europe and Asia, the UAE region offers an excellent modern infrastructure, a thriving economy and numerous Free Trade Zones for a variety of different industries," said NAI Global President and COO Jeffrey M. Finn. "NAI Dubai/UAE, as the new venture will be known, has unparalleled local knowledge and contacts. Together we will provide our clients with greater access to this growing region A growing region is an area suited by climate and soil conditions to the cultivation of a certain type of crop. Most crops are cultivated not in one place only, but in several distinct regions in diverse parts of the world.  of the world."

"Commercial property is one of the key growth sectors of the UAE's real estate sector," said Mohamed Al Rafi, chairman of NAI Dubai/UAE and director of Abdulsalam Alrafi Group LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. "Our partnership with NAI Global, an international leader, will enable us to leverage on the global company's strengths and offer our clients in the UAE a larger basket of commercial property from around the world. Together NAI Global and NAI Dubai/UAE will provide major international developers and investors with the local guidance they need to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 opportunities in the Middle Eastern market."

About NAI Global

NAI Global is one of the leading commercial real estate services providers worldwide and the world's only managed network of independently owned commercial real estate services firms. NAI Global has 5,000 professionals and 350 offices in over 45 countries, and an annual transaction volume in excess of $40 billion. Since 1978, NAI Global clients have built their businesses on the power of NAI's expanding network. NAI Global's extensive services include corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  and related consulting and advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
. To learn more, visit www.naiglobal.com.

About MTAF Group

MTAF Group is a subsidiary of the Mohammed Abdul Salam Al Rafi Group, and was established last year to consolidate all Property & Investment related Companies into one group. Al Rafi Group, founded in 1959 as a trading business, diversified into real estate in 1970 and is today one of the largest real estate firms in the country. The company owns 30 office and industrial properties and 1,200 apartment units. Over 4 million square feet of new office space is under construction. The company's services include brokerage, development, sales, property management and BOT.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Company overview
Date:Dec 4, 2006
Words:532
Previous Article:EQT Opportunity to Acquire Melka Tenson and Five Seasons.
Next Article:New TV Show Produced in South Florida Holds Open Auditions for Principal Characters.
Topics:



Related Articles
NAI releases 2003 Real Estate Planning Guide.
NAI releases 2003 Real Estate Planning Guide.(NAI/James E. Hanson product introduction )
GTECH ties the global knot with NAI.(NAI Global's contract)
NAI Global exclusive.(NAI Chase Commercial chosen by Sona MedSpa International Inc.)(Brief Article)
NAI brand awareness.(GBC )(Brief Article)
NAI Global.(Brief article)
NAI Global.(new appointments)(Brief article)
NAI Global.(WHO'S NEWS)(appointments)(Brief article)
James Hanson expanding.(Suburban Markets)(NAI/James E. Hanson Inc.)(Brief article)
NAI Global expands coverage in Eastern Europe.(TRANSCRIPT)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles