| | CSR | |
 
 
 
Press Release

Press Release

 
Press Release Archive
 
“By not seeking to profit off these homes we demonstrate that social impact is of greater importance than financial returns” says Al Sabawi
Dec 6, 2016

UCI Vice Chairman & CEO Announces Construction of New Round of TABO Model Homes in Palestine

 

 

Ramallah, Palestine - Dec 6 2016 - Union Construction and Investment's (UCI) TABO Development is proud to announce construction of four new model homes in Qarawa Bani Zaid, located north of Ramallah, and in Farkha, Salfeet.

Explaining the vision behind TABO, the project’s co-founder, Khaled Al Sabawi - UCI’s Vice chairman and CEO - confirmed that “the concept of TABO model homes is based on providing a comfortable space that people aspire to live in. We provide Palestinians with an opportunity to buy a plot of land complete with title deed and to build homes at cost through direct installments over a period of just five years. These homes are provided with infrastructure services - including paved roads and electricity - and title deeds through TABO." In offering these homes at cost, a move unprecedented in Palestine, UCI is making a very clear statement: “We are encouraging Palestinians to build and to create ‘facts on the ground’”, said Al Sabawi. “By not seeking to profit off these homes we demonstrate that social impact is of greater importance than financial returns”.

Situated in beautiful locations and working to master plans which provide an alternative to the densely-populated housing schemes commonly offered by other developers, TABO homes are designed for Palestinian families who wish to enjoy Palestine’s natural beauty combined with twenty-first century living. Moreover, both of the available locations are less than a 30-minute drive from the center of Ramallah city, and whether seeking a permanent home or a peaceful retreat away from the crowds and fast pace of city life, TABO homes offer the perfect solution.

These homes are available in three sizes - 80, 100 and 120 meters square - and are designed in accordance with the tastes and needs of customers. The homes of 120 meters square are duplex houses, with contemporary living spaces spread across two floors, and boasting a terrace with stunning views. The homes of ​​80 and 100 meters square consist of a single floor and provide for modern and practical living. All TABO homes are based upon architectural designs which ensure that modernity does not come at the expense of beauty.

The ability to acquire land in highly desirable areas and to build spacious and comfortable homes on that land at cost is groundbreaking, and not only ensures a lower cost to the customer compared with the purchase of a property on a new development, but helps to protect the Palestinian claim to Palestinian land. The creation of prosperous communities is essential to changing the reality on the ground, and the TABO project has so far protected more than one million square meters of land in this way.

“We have worked hard to build more model homes as a result of the high demand from TABO customers, and the properties that have been built within this project have been sold in very short time”, said Al Sabawi. “This represents another great success for TABO, and I am delighted to say that TABO has so far placed in excess of 500 parcels of land into the hands of Palestinian families. Also, through the provision of high-standard accommodation we are adding exceptional value to the land. Prices of these homes begin at just $39,500 USD, creating a promising investment opportunity, while additional services such as fencing and landscaping are also available at cost.”

By issuing title deeds in the West Bank, and by dividing plots into parcels of one dunum, the TABO project provides a practical solution to the critical problem of property rights in Palestine. This innovative approach offers land at affordable prices, and with interest-free monthly payments available, land ownership is now an achievable goal for Palestinians.

 
 
 
Dec 18, 2017
UCI Wins the Best Management Team Award in the Real Estate Development Sector for 2017
 
Aug 16, 2017
UCI Launches Prestigious 'Cyprus Beach Homes' Development
 
Jul 2, 2017
Dividends Distribution Ad
 
May 10, 2017
UCI Announces Share Dividends of 5.5% at General Assembly Meeting
 
Mar 27, 2017
Structural Construction Works Commence at Masyoun Gardens Amid High Sales
 
Feb 1, 2017
TABO Completes Paving Internal Roads in its Qarawa F Master Plan
 
Dec 19, 2016
UCI lays the foundation stone for Masyoun Gardens
 
Dec 6, 2016
“By not seeking to profit off these homes we demonstrate that social impact is of greater importance than financial returns” says Al Sabawi
 
Nov 13, 2016
UCI announces Sell-Out of Phase One of Masyoun Gardens
 
Oct 13, 2016
TABO completes a new Affordable Model Home in Qarawa Bani Zaid
 
Aug 28, 2016
TABO celebrates its five year anniversary
 
Jun 7, 2016
TABO Offers New Master Plan in Kobar-Ramallah, close to Birzeit University
 
Apr 27, 2016
UCI issue 6% profit division to shareholders, during its tenth General Assembly Meeting
 
Apr 26, 2016
UCI Signs $6 million Investment for the Construction of Masyoun Gardens Residence
 
Apr 17, 2016
TABO offers new master plan in Farkha, Salfeet
 
Mar 15, 2016
UCI announces new housing project, Masyoun Gardens, in Ramallah
 
Feb 8, 2016
TABO Launches new Mobile App
 
Jan 12, 2016
UCI’s TABO Development To Construct New Model Villa in Qarawa Bani Zaid
 
Dec 27, 2015
UCI Sponsors Birzeit University Students Education
 
Dec 15, 2015
UCI, Palestine’s Leading Real Estate Development Company, Wins Defamation Lawsuit
 
Dec 10, 2015
TABO’s 2015 Top Olive Picking Photography Contest Winners
 
Oct 9, 2015
TABO Launches a Photography Contest Celebrating this Year’s Olive Picking Season in Palestine
 
Jul 7, 2015
TABO Completes Paving Internal Roads in its Qarawa D Master Plans
 
Jun 30, 2015
TABO issue first Parcelized Title Deeds in Kufr Ein
 
Jun 4, 2015
Top Palestinian Footballer Buys Land through TABO
 
May 28, 2015
UCI Supports Digital Future of Palestinian Schools
 
Mar 25, 2015
Khaled Al Sabawi Selected as Young Global Leader 2015 by World Economic Forum
 
Mar 2, 2015
UCI Wins Landmark Lawsuit against Palestinian Lands Authority
 
Dec 3, 2014
Canada’s University of Waterloo Honors Khaled Al Sabawi with prestigious Young Alumni Achievement Medal
 
Sep 7, 2014
UCI Extends Electricity Network to its TABO Lands
 
Jul 6, 2014
TABO Project Completes Paving Internal Roads in one of its Farkha Master Plans in Salfeet
 
May 20, 2014
UCI Elects Chairman, Vice Chairman, and General Secretary of the Board of Directors of UCI
 
May 12, 2014
TABO Project Proceeds the Pavement of Internal Roads in Qarawa Bani Zeid in Ramallah
 
May 1, 2014
TABO Virtual Tour Combines Modernity and Creativity in Presenting the Palestinian Land
 
Apr 17, 2014
UCI Holds its Extraordinary and Ordinary General Assembly Meetings
 
Mar 24, 2014
UCI Signs Agreements to Pave Internal Roads in New TABO Master Plans in Qarawa Bani Zeid in Ramallah
 
Mar 12, 2014
In commemoration of Land Day…UCI’s TABO Initiative announces a TABO Photo Contest for the best photograph of Palestine’s nature and its olive trees
 
Feb 12, 2014
UCI Paves Internal Roads in Qarawa Bani Zeid in Ramallah and Farkha in Salfeet
 
Jan 20, 2014
UCI Holds a Reception Party Welcoming UN Agencies
 
Nov 24, 2013
Khaled Al Sabawi receives Takreem Award for Young Entrepreneur for 2013
 
Sep 18, 2013
An Invitation from LFPME at Labor Party Conference in the UK and University of Toronto...Eng. Khaled Sabawi gives a speech at the annual Labor Party Conference in the UK for 2013 and at the University of Toronto
 
Aug 5, 2013
The Businessman Eng. Khaled Sabawi in an Interview with Al-Quds Newspaper
 
Jun 2, 2013
TABO delivers title deeds to its customers in Kuwait
 
May 27, 2013
UCI fulfills a Palestinian Dream through its TABO Project
 
May 14, 2013
UCI launches the opening of a new TABO Branch in Jerusalem
 
Apr 22, 2013
UCI Holds its Seventh General Assembly Meeting
 
Mar 25, 2013
MENA Geothermal signs a new contract to install a heating and cooling geothermal system for three villas in Jordan
 
Mar 20, 2013
UCI paves internal roads in Kobar and Qarawa Bani Zeid in Ramallah
 
Mar 18, 2013
Palestinians buy land to protect future state and generations
 
Mar 11, 2013
UCI’s TABO Project Issues title Deeds for 254 dunums of Land in Palestine
 
Nov 11, 2012
A universal achievement realized by Palestinian hands in Jordan…MENA Geothermal installs the largest geothermal heating and cooling system in the entire Middles East and North Africa region
 
Nov 4, 2012
UCI issues Title Deeds in Farkha and Broqeen, Towns in the Salfit District, West Bank, for the first time in the history of Palestine
 
Oct 14, 2012
Arabian Business Magazine selects Palestinian Businessman Khaled Al Sabawi amongst the 500 most powerful and influential Arab figures in the world for the year 2012
 
Apr 5, 2012
Two Times Winner: MENA Geothermal Awarded The Energy Globe Award, Again, For Its Project At The American University Of Madaba In Jordan.
 
Feb 15, 2012
Union Construction and Investment (UCI) Inaugurates Excavation of Roads in its TABO Master Plans in Farkha, Broqeen, and Kobar
 
Jan 29, 2012
MENA Geothermal Awarded Contract to Repair and Complete Installation of Geothermal System in Jordan
 
Jan 17, 2012
Union Construction and Investment Cancels $30 Million Investment in Palestine Due to Arbitrary and Biased Actions by the Al-Bireh Municipality
 
Sep 11, 2011
Harvard Arab Alumni invites Khaled Al Sabawi to Participate as a Distinguished Speaker of the Energy Panel in the 5th Annual Arab Weekend Conference of Harvard Business School
 
Sep 9, 2011
DOING BUSINESS ABROAD...West Bank draws Canadian entrepreneurs
 
Aug 15, 2011
Khaled Al Sabawi invited as one of the distinguished speakers at the Arab Development Initiative’s Inaugural Summit in Montreal’s McGill University in Canada
 
Aug 14, 2011
Etihad Villas Launches its New Campaign to the Palestinian Market During The Holy Month of Ramadan
 
Jul 25, 2011
Etihad Villas had Open Days to Show Full Model Villas
 
Jul 17, 2011
MENA Geothermal: Can green energy help Palestinians unplug from Israel? - Christian Monitor
 
Jul 4, 2011
Palestine’s Geothermal Pioneer Shares Expertise Online
 
Apr 4, 2011
UCI’s General Manager, Khaled Al Sabawi, to speak at TEDx Ramallah - Al Jazeera reports!
 
Apr 20, 2010
A Press release issued by the Palestine securities Exchange entitled
 
Mar 30, 2010
4th Annual General Assembly meeting held in Amman, Jordan – UCI to distribute highest dividends among Palestinian Publicly traded companies
 
Mar 11, 2010
UCI Welcomes Brazilian Business Delegation to Etihad Subdivision
 
Jan 20, 2010
United States Trade and Development Agency Awards Grant to Palestinian Company, MENA Geothermal, to Help Develop Alternative Energy Sources
 
Oct 20, 2009
A Press release issued by the Palestine securities Exchange entitled
 
Oct 4, 2009
Education for Employment Foundation (EFE) hosted an event, titled “Life is Better with a Job Opportunity” In Hebron