Al Qattara Investments reveals expansion plans for Al Ain
Al Qattara Investments rebrands the Hazza Bin Zayed Stadium development and launches Al Ain Square.
United Arab Emirates, Al Ain, February 14, 2018: Al Qattara Investments, the name behind the vibrant mixed-use development in Al Ain, has revealed its new brand identity, the rename of Hazza Bin Zayed Community to Al Ain Square, and furthermore the firm’s future plans for the city of Al Ain. The announcements took place during a press conference in Al Ain’s Hazza Bin Zayed Stadium. The press conference was attended by excellencies and high profile dignitaries from Abu Dhabi and Al Ain. The announcement marks the development of the community’s third phase, including residential, commercial and community facilities. Phase one and two were completed in 2014 and 2017 and it comprises of a total gross floor area (GFA) of 450,000 square meters. The third phase, which is scheduled to be completed by 2022, will see an additional 200,000 square meters, including the development of a GEMS School. This is the first time that Al Qattara Investments announced a strategic partnership with GEMS Education. “We would like to congratulate our partners at Al Qattara Investments on this day. Since inception we have been supporting the vision of the company,
which is aligned with our strategy to develop sustainable tourism and residential destinations,” said His Excellency Sultan Al Mutawa Al Dhaheri, Abu Dhabi Tourism & Culture Authority, Director of Tourism Ecosystem. “We pride ourselves that Al Ain, the UNESCO World Heritage Site, has always been the emirate’s cultural and heritage heartland, and we are confident that with further developments as such, Al Ain will remain an appealing destination for the generation to come,” His Excellency added. On the successful launch, Kareem Nagy, Board Member of Al Qattara Investments said: “We are delighted to announce the planning of the new phase of Al Ain Square with a global education partner, GEMS Education, being at the cornerstone of the new phase. Since inception Al Qattara Investments’ primary objective has been to enhance the lifestyle experience of the residents in our communities.” ‘’Our strategic alliance with GEMS Education, a leading-edge global education provider will add great value to our community. We have worked closely with GEMS Education since inception, who conceptualised a compelling value proposition for both Al Ain and Al Ain Square, and we are confident that this development will further enhance the profile of our community and contribute to a sustainable future for the next generations,” said Ahmed Barakat, Director – Asset Management. “GEMS Education is excited about this new project in Al Ain and looks forward to bringing the families in Al Ain Square the high quality education that GEMS schools in the UAE are known for. We are confident that the development of a GEMS school will demonstrate both our and Al Qattara Investments’ commitment to the community,” said Zafar Raja, Chief Operating Officer, GEMS Education. The Hazza bin Zayed Stadium was awarded the international ‘Stadium of the Year’ Award in 2014, and the ‘Stadium Design of the Year’ Award by the World Stadium Congress in 2017.