March 18th, 2007 : Tamdeen Shopping Centre Development Company (Tamdeen SCD), a property management company specializing in the development, leasing and management of shopping centers will continue its successful debut at the international retail real estate industry by participating once again in the 2007 Retail Real Estate Forum and Exhibition, organized by the Middle East Council of Shopping Centers (MECSC). Due to the huge success achieved last year, Tamdeen SCD will participate as a Platinum Sponsor for the second year in a row.

Affiliated to the New York based International Council of Shopping Centers, MECSC is the regional body representing all shopping centre industry key players from all over the GCC and the greater Middle East and North Africa. The event will take place from 18th- 20th of March, 2007 in Dubai, and it is considered the region’s leading event, offering a focused platform for business and networking opportunities between the shopping centre and retail industry professionals, retailers and service providers.

“Our presence this year will allow us to update the market on the latest developments with 360°Kuwait and it will give us a wonderful opportunity to introduce our latest mega-project, the Mall of Kuwait, which is the largest commercial retail development in the country,” explained Mr. Muath Al-Roumi, the Deputy General Manager of Marketing at Tamdeen SCD. “Due to the high increase in tourism traffic and the consistent rise in populations, there has been an extraordinary boost in retail development within the region. Kuwait has become a key player that provides a welcoming environment for fresh outlay in the retail sector, as it is considered one of the strongest retail destinations in terms of sales per square foot in the region.”

“This year, Tamdeen SCD can proudly announce that 360°Kuwait has expanded its gross leasable area to 75,000 square meters dedicating more areas to family entertainment, a variety of upscale restaurants and much more,” added Mr. Al- Roumi. “Still yet, our focus this year is the Mall of Kuwait, which is an iconic shopping and leisure destination that will become a cultural hub for Kuwait.”

Featuring 150,000 square meters of gross leasable area, the Mall of Kuwait will host a wide array of mid-market to upscale brands in addition to leisure and dining facilities. The landmark mall will present an unparalleled shopping experience which will cater to the diverse needs of today’s young, affluent and sophisticated Kuwaiti consumers. The development, which will be surrounded by lush gardens interspersed with water bodies, is strategically located between two main highways, allowing easy access to the project from all parts of Kuwait.

Through its ongoing and continuous participation in conventions and exhibitions, Tamdeen SCD has established itself as the retail specialist in the region by setting its own standards within the regional and international real estate industry.