Special review committee

ABU DHABI — A special committee, set up by the Abu Dhabi Municipality, will review the conditions of trade stores and residential apartments managed by the Investments Division of the Investment and Business Promotion Department.

By Atef Hanafi

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Published: Sun 20 Aug 2006, 9:00 AM

Last updated: Sat 4 Apr 2015, 6:14 PM

The move is designed to explore the best ways to benefit from them by suitably revising their rental charges.

An administrative order, outlining the committee's brief and terms of reference, has been issued by Jumaa Mubarak Al Junaibi, Under-secretary of the Department of Municipalities and Agriculture in Abu Dhabi and Saif Al Mansouri, Director of the Department, has been appointed the committee chairman

The committee, after making a comparison with the current market value of these properties, will restructure its rents accordingly.


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