Lebanon Real Estate Newsletter Vol. 3, Issue 6 - June, 2007

Dubai - May 22, 2007

Hayek Group S.A.R.L., a Beirut based Real Estate Development Company & Gulf Resources - Dubai signed a strategic alliance agreement to develop major Real Estate Projects in Lebanon and promote the same to Gulf & International investors.

“Our decision was based on the success of Gulf Resources and its partners in Dubai for more than fifteen years”, Abdallah Hayek CEO of Hayek Group said “this alliance will be an additional factor by which the Lebanese Real Estate Development Sector will benefit from it and likewise will bring in major UAE & Gulf investors to the local market”.

“The Lebanese market constitute a dynamic potential opportunities for investors - we believe that our direct involvement in the Lebanese market through Hayek Group will strengthen our strategy and help in the decision making process” said Najib Khalil Sayegh, Managing Director of Gulf Resources – Dubai.

About Hayek Group:
A Real Estate Development Company, being active in the market for more than 2 decades offering a closed loop services for major development projects, starting from consulting, design, construction, marketing & facility management.

About Gulf Resources:
Gulf Resources was founded on strong cultural understanding, knowledge and expertise. The firm is piling up on this strength and expanding on its activities and client base in the Arabian Gulf Cooperation Council States and in other Middle East countries.

The firm provides professional advice and support to organizations disposing shares to raise capital or for a complete sell off. It assists in the formation of joint ventures in the region between local entrepreneurs teaming up with international firms bringing capital, technology or expertise. Mergers & Acquisitions are becoming increasingly important in the Middle East with growing international competition and maturing markets: Gulf Resources is well positioned in the centre of this market.

For more information, please visit www.gulf-resources.ae

'Gulf Resources believes in building foundations for a long-term relationship with our clients that is mutually profitable, while adhering to our commitment to quality, integrity and moral responsibility,' said Najib Khalil Sayegh, Managing Director of Gulf Resources. 'Our strengths include business and financial advisory, financing business ventures and managing mergers and acquisitions.

Hayek Group has excelled in the field of knowledge of the Lebanese Real Estate and Property Development. With our experience in providing solutions to leading Gulf Based organizations, we are positive we can make a significant contribution to boosting our mutual values.'