TRUST 300 launches Phase One of the First Virtual City on the Internet

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2013-02-25 17:58:35 UTC

TRUST 300 launches Phase One of the First Virtual City on the Internet City has one million admirers brings together businesses, government and Socializing Abu Dhabi (United Arab Emirates): TRUST 300 has officially launched the first phase of a first-of-its-kind on-line City, (www.cityhi.com). CityHi is designed to accommodate 12 million citizens from 62 key cities, speaking 25 languages. This virtual 3D city is a place where people, businesses, government departments, and investors can come together in an unprecedented commercial environment that allows them to trade, shop, invest, learn and socialize. CityHi's citizens can start up easily their own business virtually, can reduce costs, improve profits, interact with their target audience and sell products or services as done in real life. Furthermore, they can virtually attend conferences, business meetings, events, have education, meet friends, socialize, do shopping, get latest news, talk, walk, run, swim, drive, fly and play games. All these activities and much more are done virtually without stepping out of their homes or offices. Although CityHi has positioned itself as a virtual business city, the well planned city has residential areas, universities, schools, hospitals, parks, theaters, art galleries, police stations, courts and many other amenities. The new city has strong infrastructure and governed by laws, regulations, parliament and ministries. Commenting on the announcement, Dr. Mohamed Haddad, Founder and CEO of TRUST 300, said: “With the official launch of the first phase of CityHi, we are confident our vision of creating a city that adds value to people’s lives become a reality, and our initial one million admirers from around the world during our test phase have confirmed we are on the right track. “Our business advisors have confirmed that over the next five years, more than 2 million jobs will be created in CityHi, as businesses in the new city will require full-time individuals to serve and meet customers,” said Dr. Mohamed Haddad Users can attend classes in universities, visit museums and art galleries, attend conferences and seminars, and make friends with millions of other connected users. Investors can buy prime virtual real estate in CityHi to rent out to business or develop and sell with profits. CityHi's virtual real estate and the city's master plan are designed by leading real estate experts including world leader Jones Lang LaSalle. The city has a Land Department that controls the Real Estate supply demand and protects owners. This attracts investors to invest in the city. Where investors can buy prime virtual Real Estate or lands in CityHi with the intention to rent out or develop and sell with profits. The new city is owned by TRUST 300 (joint stock company) which is backed up by a panel of leading international universities and advisors in; management, real estate, marketing, economy, politics and technology including "IBM" and "PriceWaterhouseCooper". These world leaders have expressed confidence that CityHi is a one of a kind intelligent city and will be recognized over the next few years as one of the most successful. TRUST 300’s fast growing reputation for its innovative management structure has established confidence among the business community. //ENDS About TRUST 300 TRUST 300 is the first global Arab company specialized in the IT sector. With an initial global presence in the UAE, Morocco, Egypt, Jordan, India, UK, and USA, TRUST 300 will present a wide range of IT products including a comprehensive new 3D city on the Internet called CityHi. The virtual city is designed to accommodate 12 million users who can perform their shopping and social activities right from the comfort of their home or office. The virtual city allows companies, corporations and individuals through their commercial 3D retail area to market and sell their products to users using 3D Avatars. The city will target users in 62 cities around world, and can communicate in 25 languages. TRUST 300's organizational structure comprises a board of renowned experts and business leaders, supported by a Board of trustees from across the world. Board of Directors • Dr. Mohamed Haddad, Businessman • H.E. Ibrahim Bin Badr Abu Salim, Businessman • H.H. Sheikha Hind Al Qassimi, Expert at the Arab Economic Council of the Arab League, and Goodwill Ambassador for Scientific. • H.E. Rashid Khalfan Al Dhahiri, Businessman • H.E. Abdul Rahim Okour, Ex Minister, Kingdom of Jordan • Dr. Sultan Abu Orabi, Secretary General, Arab Universities • H.E. Ahmed Habib Hasan, Businessman Board of trustees • Eng. Mohammed Rashid Al Hamli, Businessman and Urban Planning Engineer • H.E. Saeed Bin Rashid Al Dhahiri, Member, Abu Dhabi Chamber of Commerce and Industry • Dr. Farida Shams, International Affairs Dept., Oklahoma City University, USA • Dr. Nada Sadiq Mutasher, Professor of Communication and Political Science • H.E. Amr Amro Hamdi, Regional Manager, Middle East and Africa, IBM • Eng. Haitham Abu Aisha, Businessman, Head of Information and Telecommunications Commission, Saudi Arabia • H.E. Yehya Muhammad Ghassan Sisalem, Head of Investment Division, Barclays Bank, UAE • Dr. Clifford Conway, Head of British Chamber of Commerce, and Lecturer at British Business School • Prof. Ayman Al Maaitah, Vice President, Dean of Academic Research, American University of Madaba) For further details please contact: Arabia PR FZ LLC Yasser Fathy

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