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ALARGAN is exclusive sponsor of 2014 Model Arab League   Join our daily free Newsletter

MENAFN Press - 06/04/2014
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(MENAFN Press) ALARGAN International Real Estate Company was the exclusive sponsor of the '2014 Model Arab League' held recently in Kuwait City, which brought together students from across the Arab world to discuss and debate their views on the history and contemporary political environment of the region. The participants discussed a number of issues, particularly those pertaining to Arab youth, with learned arguments that examined the concerns from various perceptives.

The conference had three main components of discussion “ 'common defence,' 'the Palestinian issue' and 'economic stability.' The argument by the Kuwaiti representative earned the largest number of votes on the first topic. The Saudi representative and Omani delegate clinched most votes for the other two issues, respectively.

A White Paper was prepared based on the discussions by the participants, which was presented at the closing gala dinner attended by a number of high profile Arab diplomats, political leaders, foreign ministers, representatives of the Kuwait Ministry of Youth, university professors and students.

Mr. Meshaan Mohammed Al-Meshaan, Chief Business Development Officer of ALARGAN, said: "The '2014 Mdel Arab League' encourages youth to engage in informed debate on international issues, present their viewpoints and put forth their recommendations to further strengthen solidarity among the Arab people and find solutions for problems faced by the Arab world.

He added: "Our exclusive sponsorship of this high-profile event highlights our corporate social responsibility to the country and the Arab world to promote positive dialogue on issues that concern the people. ALARGAN is particularly focused on strengthening the skillsets of the region's youth and shaping a new generation of young leaders who can make a positive change in their countries. We are truly honoured to support the event and any future activities of a similar nature and play a strong role in supporting our youth.

The '2014 Model Arab League' was held in cooperation with the Kuwait International Law Society from Kuwait University School of Law, and the International Relations Club in the American University Of Kuwait. It aimed to introduce the functions of the Arab League to the region's youth, highlighting its role as a key organisation focused on resolving the issues facing the Arab world

ALARGAN International Real Estate Company was initially started as a family owned contracting company in 1994, specializing in the construction of residential projects. Today, the company has successfully grown - to become one of the leading residential developers in the GCC, offering a wide array of real estate services. In 2002, ALARGAN became a closed Kuwaiti shareholding company. It was clear that regional expansion was necessary to maximize the growth potential of the company, which led to the establishment of strategic partnerships in Oman in 2003, Bahrain in 2005 and Saudi Arabia in 2006. In 2007, ALARGAN was listed in the Kuwait Stock Exchange.ALARGAN focuses on developing integrated, quality and affordable residential communities throughout the GCC region. In addition, the company realized the emerging importance of commercial component to service and creates value for the community residents and neighborhood. ALARGAN has also moved into the hospitality segment through the development of several projects in Kuwait and Oman.ALARGAN's current emphasis is on geographic and segment diversification. However, the Company continues to regard affordable and housing as its core business. This strategy has proved successful in Oman, Bahrain and most notably in Saudi Arabia.We believe that the macroeconomic fundamentals within the GCC region remain attractive due to several encouraging factors such as high oil prices, government spending and population growth which act as a catalyst for further growth in the real estate sector. On the long term, ALARGAN aims further expansion into new markets with robust economic and population growth within the MENA Region.



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