World Economic Forum Nominates Sheikh Maktoum Hasher Maktoum Al Maktoum as Young Global Leader for 2007

    DUBAI, March 18 /CNW/ - Al Fajer Group, the Dubai based conglomerate with
diversified business ventures which includes a leading construction company,
property management services, international fairs & exhibitions,
manufacturing, travel & tourism, general trading & investment & development,
today announces that its CEO, His Highness Sheikh Maktoum Hasher Maktoum Al
Maktoum, has been selected as a Young Global Leader 2007 by the World Economic
Forum (, a Geneva-based independent international organization
of world leaders from the public, private and non-governmental sectors.

    The prestigious annual event recognized 250 distinguished individuals
under the age of forty-one for their record of accomplishments, their
commitment to society and their potential to contribute to shaping the future
of the world. The candidates were evaluated by a selection committee of 34
eminent international media leaders led by Her Majesty Queen Rania of the
Hashemite Kingdom of Jordan.

    The Forum of Young Global Leaders is a unique, multi-stakeholder
community of the world's most extraordinary young leaders who engage in the
2030 Initiative, a project to understand current and future trends, risks and
opportunities both at global and regional levels, formulate a positive vision
for the world in 2030 and provide and implement strategies to translate this
vision into action.

    Dr. Shahram Abdullah Zadeh, CEO of Al Fajer Properties, a member of Al
Fajer Group, comments:

    "For those of us that have experienced boardroom meetings with His
Highness Sheikh Maktoum it is no surprise that His Highness has been nominated
by the World Economic Forum as a Young Global Leader. Sheikh Maktoum is well
known internationally for his inspiring strategic vision. I am sure his humble
approach will win many hearts at the forum."

    In 2003, Sheikh Maktoum founded the A1GP, the World Cup of Motorsport, a
global success which has now entered into its second season. Sheikh Maktoum
sold the brand and his stake in A1GP in order to focus on other international
business opportunities through Dubai International Holding Company, the
investment company which he is the Executive Chairman. The World Economic
Forum has recognized him for his constructive work within governmental and
business communities across continents and for his potential to contribute to
crucial international issues.

    Sheikh Maktoum will be participating in the Annual Summit of The Forum of
Young Global Leaders in Dalian, China from 4 to 6 September 2007.

    "Having been successful in business based on models of global
cooperation, I believe that the betterment of international relations is key
to solving global problems," said Sheikh Maktoum. "I am honored to be
nominated and I am energized by the opportunity presented to me by the World
Economic Forum to further international communications and to join leaders of
the future in a vision of a great global society."


For further information:

For further information: Al Fajer Properties Tel:+97143300633

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