Trump poised for Abu Dhabi investment

27th May 2008

Hydra Properties, a real estate developer in the UAE, has announced that it has held joint investment talks with the global property development empire, Trump Organisation. Donald Trump, Chairman and CEO, Trump Organisation, met with Dr. Sulaiman Al Fahim, CEO, Hydra Properties to explore real estate and business opportunities within Abu Dhabi. In addition, the company also announced that Donald Trump Jr. and Ivanka Trump, Vice President Real Estate Development and Acquisitions, Trump Organisation, are set to make a special cameo appearance in ‘Hydra Executives’, a new English reality series.

Dr. Sulaiman Al Fahim has highlighted the company’s complete project portfolio during the meeting, and discussed the enormous business in property development amidst the booming real estate market in Abu Dhabi. During their visit, Donald Jr., Ivanka and Erik Trump, who also holds a VP position in the organisation, were personally introduced to the US and UK teams from the show, which is slated to air its first episode by September. “It was a very productive trip for the Trumps,” said Ingrid Naranjo the organizer of the visit.

“It is quite a thrill to be here in Abu Dhabi and see all the developments in full swing. We are witnessing outstanding progress that is taking on a full speed like no other in the world, and entering the active real estate scenario in this emirate is definitely something that we are looking into,” said Ivanka Trump. “We recognize the efforts being undertaken by Hydra Properties in building unique and high quality projects, and a partnership with an influential developer such as them is an attractive option for us.”

“As a major player in the real estate market in Abu Dhabi, it is also part of our business strategy to venture into partnerships with leading global developers. Donald Jr., Ivanka and Erik Trump’s visit to the emirate is a positive indication of the Trump Organisation’s interest in entering the Abu Dhabi real estate market. We also expect the appearance of Donald and Ivanka in ‘Hydra Executives’ to be an inspiration for the contenders to motivate them in their pursuit for success at the show,” concluded Ziad Batal, Executive Producer, ‘Hydra Executives’.

‘Hydra Executives’ will feature 16 contenders - eight from the US and eight from the UK - who will vie for a US$1 million business grant in a 15-week competition. Produced by Hydra Properties, the programme will chronicle the drama behind the teams’ and the individual contenders’ efforts to excel in given tasks and assignments, while learning about the real estate business in the process. This breakthrough initiative is being supported by several global brands, including Range Rover, General Motors, Blackberry, Etisalat, ASUS, Panasonic and Debenhams, as the key sponsors of the first season of the show.



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