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Featured in Real Estate and Retail
Abu Dhabi Quality and Conformity Council Opens New Retail Scale Verification Bureau in Al Ain

Abu Dhabi-UAE: 22 June, 2017 – Abu Dhabi Quality and Conformity Council, the entity responsible for developing the quality infrastructure in the emirate of Abu Dhabi, has opened a new retail scale verification bureau in Al Ain as part of its continued efforts to meet the dynamic needs of its customers from the retail sector for high quality verification services in a timely and efficient manner. The bureau, which is the second of its kind in the emirate, offers the verification of retail scales with the capacity of up to 150 kg, which are widely used in the retailing of such products as meat, fish, vegetable, fruit, confectionery, among others. Business owners can bring their scales to the bureau to ensure their compliance with relevant technical requirements. The verification process takes a maximum of 15 ......read more

Celebrate This EID Al Fitr with Fireworks at Dubai Festival City

An action packed calendar of events to play out over the Eid weekend at Dubai Festival City Dubai, UAE, 22 June 2017: Visitors to Dubai Festival City this Eid-al-Fitr will be treated to a raft of family-friendly events and activities, including a spectacular fireworks display, to celebrate Eid Al-Fitr. Thousands of residents and tourists are expected to enjoy an array of free activities taking place over the weekend and throughout the week.  There will be plenty of surprises all throughout the day with roaming entertainment planned to watch and take part in. Visitors can look forward to a Harry Potter style dance troupe, Beauty and the Beast characters performing interactive choreography as well as a roller skating flash mob and Magical comedy performances. What to expect at Dubai Festival City this ......read more

Dubai Outlet Mall Offers Extravagant Eid Shopping Experience

Offering up to 90 per cent off  Dubai – June 22, 2017:  Dubai Outlet Mall, the ultimate value shopping destination and the first outlet concept mall in the UAE, has launched a spectacular shopping extravaganza for customers during this Eid-ul-Fitr holidays. The bargain shopping experience is combined with various other activities and competitions to be held across the mall. Bargain deals up to 90 per cent, games, musical entertainment, magic shows and more is on offer at the Dubai Outlet Mall, bringing the best of everything to eager Eid shoppers.  A special Shop, Spin & Win promotion is being held from June 16 at the mall premises, where customers who shop for AED 200 will be given a chance to spin the wheel and get a chance to win instant cash prizes worth AED 2,000 to AED 25,000.  Through the ......read more

The Outlet Village Celebrates Eid Al-Fitr and DSS with Fun-Filled Entertainment for all the Family

Discover a month-long programme packed with live entertainment and activities  Incredible prizes, with an Italian Vespa up for grabs each week through a spectacular ‘spend and win’ competition Dubai – United Arab Emirates, 22 June 2017: The Outlet Village, Dubai’s premiere outlet shopping destination, has announced a spectacular line up of family entertainment to celebrate Eid Al-Fitr and Dubai Summer Surprises, as the city gears up for a feel-good summer season. Dubai Summer Surprises comes with whopping savings and visitors to The Outlet Village won’t be disappointed by the epic discounts that await them this year. Hundreds of fashion, sports, home and other brands will be even more appealing as retailers participate in the 20th Edition of Dubai’s favourite retail festival. But the ......read more

From city of gold to family town: children take top priority for Dubai residents

Latest poll from DIFC Wills & Probate Registry reveals people in Dubai acquire more assets than expected – including a family – and consider children as their most valuable asset Dubai, United Arab Emirates, 21 June 2017:  Long gone are the days of Dubai being a place people came solely to seek their fortune, according to the most recent DIFC Wills & Probate Registry poll. Amidst the luxury and glamour, a new family first culture is emerging, with latest findings revealing that children replace material wealth as the most valuable assets for 29% of Dubai residents.  In line with this new trend of a family-first approach, coupled with the decline of the ‘transient expat’ of recent history, the Registry is encouraging eligible residents to make sure that their children and other loved ones ......read more

Abu Dhabi Quality and Conformity Council Verifies Quantity of Products in Ramadan Food Baskets

Abu Dhabi-UAE: 21June, 2017 – Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing the quality infrastructure in the emirate of Abu Dhabi, carried out an inspection drive to verify the quantity of products included in the Ramadan food baskets sold across major retail outlets in Abu Dhabi throughout the Holy Month. As part of the drive, QCC inspectors verified the weight and measure of frozen and pre-packaged products included in the Ramadan food baskets that generally witness a strong demand. The inspection specifically examined the weight of frozen chicken and some types of frozen meat as well as the weight and measure of pre-packaged products to ensure their complete compliance with the mandatory metrological requirements of QCC. Inspectors also collected samples of packages and products for ......read more

UAE Discusses Sustainable Development in Asia at Second Annual Meeting of Asian Infrastructure Investment Bank Governors

Dubai, UAE: 20 June, 2017 – A UAE delegation attended the second annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). The event, held for the first-time outside China, on Jeju Island in South Korea from 16 to 18 June 2017, aimed to strategise and discuss collaboration among Asian countries in various aspects of sustainable infrastructure development. The UAE delegation was headed by His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and the UAE’s Alternate Governor at the AIIB Board of Governors. Moreover, the meeting convened governors from member countries, partner institutions, civil society organisations, the media and leading experts from a wide range of specialisations. As part of the agenda, the UAE delegation participated ......read more

BNC Launches AIR App to Empower Contractors with Construction Intelligence

Capturing and analyzing Big Data, the BNC AIR App is set to revolutionize the way consultants, project managers, contractors, sub-contractors and suppliers collaborate on construction projects in future News Announcements BNC AIR App is set to change the construction industry in the GCC region by providing construction intelligence involving 25,324 live projects worth $7.2 trillion (Dh26.4 trillion) and offering them on an user-friendly application for tracking. The powerful application with construction intelligence will empower project managers and help them remain well informed. AIR App will help subscribers to monitor the GCC construction projects and benefit from the growing opportunities. Dubai, UAE, June 20, 2017:  BNC Network, the largest and most comprehensive construction research and intelligence ......read more

FIVE Holdings Launches New Hospitality Brand, FIVE Hotels & Resorts

New brand will operate FIVE Holdings’ hotels and residences across Dubai, including FIVE Palm Jumeirah Dubai, formerly known as Viceroy Palm Jumeirah Dubai.  Formal brand launch scheduled for October 2017  DUBAI, UAE. 19 June 2017: FIVE Holdings, the Dubai-based real estate development and hospitality group previously known as SKAI Holdings, today announced the launch of FIVE Hotels & Resorts, a new luxury hospitality brand, under its subsidiary FIVE Hospitality LLC. FIVE Hotels & Resorts will manage FIVE Holdings’ flagship hotel and residences, the AED4.3bn (US$1.17bn) property on Palm Jumeirah Dubai formerly known as Viceroy Palm Jumeirah Dubai. FIVE Palm Jumeirah Dubai is currently in its soft opening phase with a formal brand launch event scheduled for October 2017.  “We are ......read more

Shop and Win – Al Wahda Mall celebrates 10 years of giving

Al Wahda Mall, Abu Dhabi, celebrates its 10th Anniversary with a winner-takes-all campaign every day from 31st May to 29th June, 2017  Shop for AED 200 in the mall or AED 750 on a single transaction at Lulu Hypermarket to be one of the daily-announced winners to take home mall vouchers worth AED 10,000 each day The campaign runs daily throughout the holy month of Ramadan until Eid Abu Dhabi, United Arab Emirates, June 19, 2017:  Al Wahda Mall, an Iconic landmark &favourite shopping destination located in the heart of Abu Dhabi city, is running its winner-takes-all daily campaign to celebrate a decade in Abu Dhabi. The campaign runs from the anniversary on 31st May, 2017, to the 29th of June, and allows customers to win AED 10,000 in mall vouchers every day of the holy month of Ramadan.  One can shop for ......read more

Montblanc increases presence in Saudi Arabia with new boutique in Riyadh's Panorama Mall

Boutique showcases latest collections of finely crafted lifetime accessories 18 June 2017:  International luxury Maison Montblanc has announced the opening of its latest boutique in the Middle East, in Riyadh’s Panorama Mall in the Kingdom of Saudi Arabia. Managed by Montblanc’s longstanding partner, the Al Hussaini Group, the new boutique will showcase a wide selection of the Maison’s core writing instruments, jewellery, timepieces and leather collections. Providing the perfect inspiration for discerning shoppers and gift givers alike, the boutique’s latest highlights include the recently launched UNICEF Collection in support of child literacy and education programs around the world. Each piece in the collection is designed with a hint of blue sapphire and alphabet-inspired motifs from six ......read more

Abu Dhabi Quality and Conformity Council Signs Collaboration Agreement with Emirates Post Group

Abu Dhabi-UAE: 17 June, 2017 – Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, signed a collaboration agreement with Emirates Post Group to verify the accuracy of legal measuring instruments used in Emirates Post Group’s business operations in Abu Dhabi. The partnership agreement was signed by His Excellency Dr Helal Humaid Al Kaabi, Acting Secretary General of QCC and His Excellency Abdullah Mohammed Al Ashram, Acting CEO of Emirates Post Group. The agreement facilitates the exchange of information and expertise between both sides on monitoring consignments related to controlled products and legal measuring instruments such as commercial scales, blood pressure monitors and thermometers as well as pre-packaged ......read more

Dubai Properties Breaks Ground on Dubai's Newest Marina at Marasi Business Bay

Installation of state-of-the art mooring system commences  First phase of 157-berths to be completed by September 2017  Dubai-UAE: 14 June, 2017:  Dubai Properties, a leading Dubai-based real estate master developer and asset manager, has announced the commencement of work on the new Marasi Business Bay marina. The installation of the pontoons, which marked the occasion, took place in the presence of Abdulla Lahej, Group CEO of Dubai Properties at the Marasi Business Bay Promenade. Launched by Dubai Holding and Dubai Properties Group in May 2016, the AED1 billion mixed-use Marasi Business Bay is well on track to becoming the city’s most sought-after waterfront destination. It features unique water homes with pools and floating restaurants and is located along the city’s newest attraction - the ......read more

Pullman Dubai Jumeirah Lakes Towers Celebrates Ramadan with a Traditional Iftar

Dubai, UAE, 15th June 2017: Make this holy month of Ramadan memorable by sharing special moments with family and friends at 5-Star Pullman Dubai Jumeirah Lakes Towers. Pullman Dubai Jumeirah Lakes Towers invites guests to share the ceremonial breaking of the fast with loved ones in the relaxed and family-friendly setting of Seasons Restaurant or La Vue the air-conditioned outdoor Terrace lounge. From sunset, guests may enjoy a plentiful array of Middle Eastern and International specialties and traditional Ramadan beverages, including traditional Hot and Cold Mezze, Slow Roasted Lamb Ouzi with Oriental Rice, Whole-Baked Salmon Harra and a delightful variety of Arabic sweets and beverages. Iftar buffet will be served in Seasons – all day dining restaurant, from sunset until 10.30 pm. The buffet is priced at AED 258* ......read more

Sweid & Sweid Leases-Out ‘The Edge'

14 June 2017 - Dubai, UAE                          Dubai-based boutique developer, Sweid & Sweid, has announced its 100,000 sqft premier commercial development, The Edge, is now fully leased; The Internet City development is home to leading multinationals, including Oracle, Snapchat and McGraw Hill; Costa, Just Salad and Classic Burger Joint secured as retail tenants Leading Dubai property developer, Sweid & Sweid, has announced the full leasing of its first development in Dubai Internet City, ‘The Edge’ within 10 months of project completion.  The premier 100,000-square foot office building is now home to global tech outfit Oracle, social media giant Snapchat, who made The Edge their Middle East headquarters; and American ......read more

16 nights of shopping and fun will begin at Expo Centre Sharjah

Ramadan Nights to offer the best retail and leisure destination this season Sharjah, 13 June 2017:  Expo Centre Sharjah is all set to become the most visited retail and leisure destination this season, as the 16-day Ramadan Nights will begin from Thursday, June 15. Being held as part of Sharjah Ramadan Festival organised by the Sharjah Chamber of Commerce and Industry, the Ramadan Nights will incorporate all the elements to help residents and visitors observe the fasting month of Ramadan and the ensuing Eid celebrations. The most enticing component that is set to drive visitor traffic is the huge discounts – up to 80% -- on some popular products and gadgets that most participants are offering. Add to this the presence of leading retailers, a wide range of household products, food courts and an exciting line-up of ......read more

Dubai SME and International House for Real Estate Project Management Announce Winners of Joint Campaign

‘Unleash Your Inner Entrepreneur’ Campaign sees two aspiring entrepreneurs win a year’s free rent at a top Dubai location - plus a host of value-added services topping more than one million dirhams Dubai, 13 June 2017: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, and International House for Real Estate Project Management (IHRPM), have named the winners of the ‘Unleash Your Inner Entrepreneur’ campaign, held as part of their strategic partnership to drive entrepreneurship in the region. Saeed Matar Al Marri, Deputy CEO of Dubai SME, honoured the winners at a ceremony held today. For Nad Al Hamar Avenues, Hessa Mohammed Taher was awarded the top prize for her Dumya project which crafts unique dolls specific to the UAE culture and ......read more

Yas Mall Launches First-Ever 24 Hours Mega Sale in Abu Dhabi from 25th June – 26th June

Yas Mall’s Eid Al Fitr celebrations to include mega-sale, live entertainment and games, plus double your chances to win a Tesla model S. Abu Dhabi, UAE 12 June, 2017:  Yas Mall, as the leading retail, leisure and entertainment destination, will open for 24 hours during Eid Al Fitr. Starting on 25th June, Yas Mall will launch a Mega Sale with over 300 brands unleashing discounts of up to 90%, guaranteeing the best Eid celebrations in the capital. Most stores will open around the clock with exciting hourly specials post-midnight including Geant, Home Centre, Hamely’s, House of Fraser, Tryano, Vox Cinemas, Ferrari World, Fun Works, Ikea and Ace Hardware.   Opening from 10:00am on 25th June until 10:00am 26th June, Yas Mall will be the place to celebrate Eid Al Fitr, with its amazing mix of live entertainment, ......read more

“1 Million Roses for the Love of the Prophet (PBUH)” campaign concludes at Abu Dhabi's Al Wahda Mall

Abu Dhabi, United Arab Emirates, June 12, 2017:  A campaign to give away 1 million roses to promote the love of the Prophet Muhammad (PBUH) has concluded in Al Wahda Mall, Abu Dhabi, on Wednesday, June 7th 2017, in the presence of HE Dr. Mohammed Saeed Al Awlaki, Chairman of Mashahad International Group and owner of the World’s Largest Book “This is Muhammad” which made it to the Guinness Book of World Records. Launched by Mashahad International Group, this campaign is one of 22 initiatives organized for the book, which is on display at Al Wahda Mall’s main gate throughout the Holy Month of Ramadan and Eid Al Fitr, all aiming to promote the culture of peace and tolerance towards all faiths. With participation from organizers Mashahad International Group along with Al Wahda Mall and several volunteering ......read more

FIVE Holdings Launches AED2.10bn (USD570m) Real Estate Investment Trust (REIT)

  Region’s first hospitality focused REIT and the largest to date FIVE REIT to include Viceroy Dubai Palm Jumeirah  Real Estate Group formerly known as SKAI Holdings unveils new identity as FIVE Holdings DUBAI, UAE, 11 June 2017: FIVE Holdings, the Dubai-based real estate development and hospitality group previously known as SKAI Holdings, has launched a AED2.10bn (USD570m) real estate investment trust (REIT), the region’s first hospitality focused REIT and the largest to date.  The REIT, to be regulated by the Abu Dhabi Global Market (ADGM) and Financial Services Regulatory Authority (FSRA), will include FIVE Holdings’ AED4.3bn (USD1.17bn) Viceroy Dubai Palm Jumeirah, and all future projects subject to compliance with regulatory requirements.   REITs issue securities in the form ......read more

The Indian RERA ushers in a positive era for Indian property buyers

The Indian Property Show returns to Dubai amidst a new beginning for the country’s realty sector With the implementation of Real Estate Regulatory Act, property investors can look forward to transparency, accountability and quality projects among other benefits Protect your investment, ensure immediate return in the form of rents, and get the best value for money without spending extra Total NRI investment in realty in top eight cities expected to touch $11.5 billion in 2017, 20% of the total market share June 8, 2017; Dubai, UAE:  Riding high on the positive sentiments that have returned to Indian real-estate, the Indian Property Show in Dubai opened its 20th edition today, featuring hundreds of projects across the country. The longest running property exhibition for NRIs in the UAE is being held at Dubai World ......read more

Le BHV Marais' latest collection pick outs

New French department store Le BHV Marais' latest fashion and home accessories pick outs.

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Landmark Group to Become Region's Happiest Workplace

Group Unveils Largest Employee-Led Movement Designed to Impact more than 40,000 Landmarkers in 9 Countries Dubai-UAE: 08 June 2017:  Landmark Group, the pioneering retail and hospitality company behind some of the region’s most loved brands and community initiatives, unveiled a first-of-its-kind ‘Happiness Movement’ impacting over 40,000 employees across all GCC countries, aiming to become the region’s happiest workplace.  Capturing the pride, positivity and sense of purpose that Landmark Group’s enthused employees bring to work every day, the Landmark Happiness Movement aims to reinforce the values such as passion, speed and simplicity, innovation, ownership and entrepreneurship, that form the core foundation of the Group’s philosophy of creating exceptional value. The campaign ......read more

Top 4 Trends from Centrepoint to looking your best this Ramadan!

Dubai, UAE, June 8, 2017:  This Ramadan, create ensembles that offer both style and modesty with Centrepoint’s range of trendy fashion favorites.  Incorporate mainstream trends such as ruffles, denim and prints to elevate your look and have all eyes on you this month. Here are a few ideas to get you started. CAPE GALORE When looking for the perfect Iftar and Sohour outfits, the cape from Splash’s Ramadan collection is a great piece to consider; it comes in beautiful prints, and it works for modest looks as its quite flowy. For a Ramadan day look, you can wear your cape with your favourite jeans and a simple t-shirt, and for a Ramadan night look, you can team up your cape with a midi or maxi dress. FEMININE FLOUNCE  For this year’s Ramadan gatherings, you can never go wrong with the traditional ......read more

Hili Mall Announces Special Promotions and Massive Discounts for Ramadan

The Ramadan special promotion runs across 31 shops and will continue until the last day of Ramadan. Al Ain, UAE, 7 June 2017: In an endeavour to embrace the spirit Ramadan, Al Ain’s Hili Mall is marking the holy month with special deals and discounts for its loyal patrons.The Ramadan special promotion runs across 31 shops and will continue until the last day of Ramadan. There are a variety of offers and discounts on a wide range of products across all segments. Ramadan deals for customers will include discounts of up to 50 percent acrossseveral shops including ZO Skin Care Centre, Holland & Barrett, Mediclinic, La Brioche, Nazih Beauty Products, Jazz Lounge Spa for Men, Biryani Pot, Lulu Hypermarket, Tips & Toes, Marini, Dr. Nutrition, Lifestyle, Subway, Mikyajy, Al Ansari, Al Dana Optical, Pizzaro, Healthy Sports, ......read more

Other Top Stories from Real Estate and Retail
 
Embrace the value of giving this Ramadan at BurJuman…

This Ramadan shoppers can help those in need by donating clothes to Red Crescent as part of BurJuman Share and Care Campaign Celebrate the Holy Month with activities including Henna painting, calligraphy, lantern and pottery painting Dubai, United Arab Emirates, 23 May 2017:  This Ramadan, BurJuman is partnering with Red Crescent to encourage shoppers to help those in need through the ......read more

Ericsson and Landmark to Build Intelligent IoT Microgrid…

  Ericsson has been selected by Landmark to build communications infrastructure for its intelligent microgrid ecosystem across North America The program includes Ericsson’s Zero Site communications platform, cloud, core and IoT software solutions Ericsson will provide microgrid management, integrating communications for the industrial IoT with battery storage applications and ......read more

MBRSC's Sustainable Autonomous House Wins the 2017 MENA Green Building Award…

The House has been awarded under the category Green Residential Building as it’s the first of its kind Passive House for a hot and humid climate May 23, 2017 Dubai United Arab Emirates  The Mohammed bin Rashid Space Centre (MBRSC) Sustainable Autonomous House, the first of its kind Passive House for a hot and humid climate, won the 2017 MENA Green Building Award under the ......read more

Schon – Al Hamad Group of Companies Commence Construction on iSuites…

Ground-breaking marks the beginning of a journey to deliver 2,550 hotel apartment keys, to be managed by international hotel operators With a development value exceeding Dh3.2 billion, this is the largest single-site hotel apartment project in the Middle East and North Africa The joint venture to fast-track the development of the massive project by October 2020 – before the start of ......read more

Dubai's hardware and tools trade valued at AED5.07 billion in 2016 – Dubai Customs…

USA, Germany, among Emirate’s top five trading partner countries as Hardware + Tools Middle East 2017 gets underway Three-day event opened by His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors, RTA   Dubai, UAE, May 22, 2017:  Dubai’s hardware and tools trade was valued at AED5.07 billion in 2016, with the USA, China, ......read more

The Mall, Jumeirah's Latest Retail Destination Officially Inaugurated…

The new art deco-styled Retail and Leisure complex on Jumeirah Beach Road was inaugurated by The Mall Owner Mr. Meadhad Rashed Meadhad Almheiri Dubai, UAE, May 21 2017:   Jumeirah’s largest community shopping centre, The Mall, was officially inaugurated on Monday evening, May 15th. The prestigious retail and leisure destination located on Jumeirah Beach Road, opposite The Jumeirah ......read more

Conares CEO receives DP World chairman…

DUBAI – May 16, 2017:  His Excellency Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World, visited Conares headquarters and its steel production facilities in Jebel Ali Free Zone (Jafza). Mr. Bharat Bhatia, CEO of Conares received His Excellency and briefed him about the development on its expansion projects and the steel industry outlook in the UAE. “The leadership of this ......read more

Global Mega Trends Impacting the Region's Hospitality Sector will be a Focal Point at the Hotelier ...…

The two day summit will provide unrivalled practical knowledge, designed to add real value to hospitality professionals Dubai - UAE, 16 May 2017: ‘Global Megatrends and their Effect on Middle East Hospitality’ and ‘Affordable Luxury’ will be the key topics of discussion at the Hotelier Summit Middle East on May 17th and 18th in Doha, Qatar. The two-day summit will ......read more

Green Bridge Wins MEED Quality Award Of The Year…

Most Coveted Award For The Best Hotel Project In The UAE  Dubai, UAE, May 16, 2017:  MEED Quality Awards are the hallmark of quality and achievement of GCC construction projects. The best ‘Hotel Project of the Year 2017’ has been awarded to Al Jihan Gulf Horizon General Contracting LLC, one of the Green Bridge companies, for the Nurai Island Resort in Abu Dhabi. ......read more

Aleris Aluminum signs an exclusive agency agreement with MJ Building Materials Trading DMCC…

The Dubai-based company will promote Aleris’ premium aluminum in the GCC region Dubai, May 16, 2017 - Aleris Corporation, a leader in the production of rolled aluminum for critical surface applications, announces today that it has signed an agency agreement with MJ Building Materials TradingDMCC, based in Dubai, United Arab Emirates. As a result, the company will have the exclusivity for ......read more

Let All Eyes Be on You With Centrepoint's Festive Ramadan Collection…

Bring in the holy month with Centrepoint’s range of stylish home and fashion favourites specially designed for Ramadan nights and Eid festivities. Dubai, 16th May, 2017:  Centrepoint, the region’s largest fashion retailer, is one of the few brands to create a special Ramadan collection keeping in mind the needs of the regional customer. This year, the brand has put together a ......read more

Dubai Land Department Hosts Forum on Second Anniversary of the United Nations Global Compact ...…

  - Sultan Butti bin Mejren: “The success of the UAE network supports the progress of our pioneering efforts in sustainability.” - Three sessions addressed the most important aspects of sustainability with the participation of international experts and 300 attendees.  - The event witnessed the announcement of a range of pioneering initiatives including the ......read more

HMH COO Welcomes New General Manager of Ajman Tourism Development Department at Bahi Ajman Palace ...…

Mr. Ferghal Purcell, COO of HMH– Hospitality Management Holding, welcomed this week Mr. Saleh Mohamed Al Geziry, the new General Manager of Ajman Tourism Development Department (ATDD), at Bahi Ajman Palace Hotel. During his visit, Mr. Geziry met the various team members as well as saw the fabulous facilities at the hotel. Congratulating Mr. Saleh Al Geziry on his new role, Mr. Purcell ......read more

Danube Properties Redefines Affordable Housing with ‘Bayz'…

Dubai, 14 May, 2017:  Danube Properties, Dubai’s pioneers in affordable housing, has launched a new project called Bayz in Dubai’s upcoming Business Bay neighborhood. The announcement of the AED 450 million project was made at a press conference, which was addressed by Rizwan Sajan, Chairman and Founder of Danube Group in the presence of senior management as well as the ......read more

Amlak Releases First Quarter 2017 Results…

 Amlak Q1 2017 net profit stands at AED 7.5 million Revenue from financing business activities stands at AED 47 million Drop in Operating and Financing Costs by 3% compared to Q1 2016 Total assets stand at AED 6.5 billion Dubai, UAE 14 May 2017 – Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, today announced its financial results ......read more

QCC Releases Updated Infrastructure Standards Guidelines…

  Abu Dhabi-UAE: 13 May, 2017 – Abu Dhabi Quality and Conformity Council (QCC) has released an updated edition of the Infrastructure Standards Guidelines (ISGL) for the emirate of Abu Dhabi, following its approval by the Infrastructure and Environment Committee of Abu Dhabi Executive Council.  The updated ISGL will serve as a comprehensive guide to all entities concerned ......read more

Commenting on the March 2017 MENA Hotel Benchmark Survey Report, Yousef Wahbah, MENA Head of ...…

  “Hotel performance in March dipped in the majority of MENA hospitality markets compared to March 2016. Across the GCC, most cities witnessed a decline in revenue per average room (RevPAR) in March 2017, compared to the previous year, with the exception of Kuwait City, which had an increase in both occupancy and RevPAR, Ras Al Khaimah (RAK) witnessed a modest increase in ......read more

Abu Dhabi's Increase in Retail Space is a Good Tiding for Mall Operators…

  Al Ain, UAE, 11 May 2017: According to Dubai Chamber, Dubai is estimated to have around 717,000 sq. meters of new retail space by 2018, while Abu Dhabi is expected to see a supply of 467,000 sq. meters of new space over the same period. Industry insiders seem positive about the announcement. “Abu Dhabi is a magnificent location. Recent years have seen the emirate invest heavily ......read more

UAE's Steel Producers to Strengthen Their Market Position…

Abu Dhabi – May 9, 2017: ‘Magnet’, a UAE-based platform to discuss and disseminate insights on the steel industry, convened in Abu Dhabi to further understand the current market demand and exchange views on ongoing infrastructure development projects in the UAE.  Key industry stakeholders including Emirates Steel Industries, Hamriyah Steel, Conares, Union Iron & ......read more

Proposed Final Dividend of USD 0.04 Per Share…

Represents an annualized dividend yield of 7.6% Dubai – 9 May 2017: Emirates REIT (CEIC) Limited (“Emirates REIT” or the “REIT”), the UAE’s first regulated Shari'a compliant Real Estate Investment Trust listed on Nasdaq Dubai, managed by Equitativa (Dubai) Limited (“Equitativa Dubai”), today announced its proposal to pay a final dividend in ......read more

RAK Properties Reports Stellar First Quarter Profits…

May 08, 2017 Leading property developer posts 61 per cent increase in profits compared to last year’s first three months Ras Al Khaimah, UAE: RAK Properties PJSC, Ras Al Khaimah's largest property developer listed on the Abu Dhabi Stock Exchange, has reported increased profits during the first three months of this year, with revenues in excess of AED115 million between the ......read more

Sultan Butti bin Mijrin inaugurates 2017 edition of Egypt Property Show in Dubai…

May 5, 2017: H.E Sultan Butti bin Mijrin, Director General of Dubai Land Department, and in the presence of H.E. Dr. Mustafa Madbouli, Minister of Housing, inaugurated the 2017 Egypt Property Show (EPS) today (Friday, May 5, 2017) in Dubai World Trade Centre, with a total of xx regional and international companies participating in the event to showcase their latest large-scale and high-valued ......read more

Centrepoint Make Time For Family - "Make a Life, Not Just a Living"…

Centrepoint study shows quality time with family leads to increased happiness and encourages families to put their loved ones first.  Dubai, UAE, May 6, 2017:  The Middle East has always been a region that places high importance on family values. However, recent studies show that there is an increasing imbalance between time spent at work versus quality family time. Centrepoint, ......read more

Dubai International Financial Centre Drives Institutional Real Estate Investment Through Memorandum ...…

•    Agreement allows DIFC-based entities to own property registered with DLD and will significantly boost investment in the emirate’s real estate sector  •    Added benefit to regional family businesses doing private wealth and succession planning in the Centre  Dubai-UAE: 6 May 2017 – Dubai International Financial Centre ......read more

The Rental Dispute Settlement Centre: a safe gateway to the relationship between landlords and ...…

Dubai, UAE, May 6, 2017:  The Rental Dispute Settlement Centre (RDC) was established in 2013 as the judicial arm of the Dubai Land Department (DLD), following a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The decree gave RDC the objective of employing new methods with flexible mechanisms to meet the ......read more

aswaaq receives the Dubai Quality Award and Dubai Service Excellence Scheme Award…

In response to its commitment to excellence Dubai, UAE, May 4, 2017:  Leading supermarket and community malls brand, aswaaq, has received two prestigious accolades from the Dubai Economic Department (DED). aswaaq has achieved the “Dubai Quality Award” and the “Best Performing Brand” in Dubai Service Excellence Scheme for 2016 cycle-Supermarket and Hypermarket ......read more

AquaBlade® flushing technology sets new standards in toilet hygiene…

Cleaner: Innovative flush technology from Ideal Standard redefines excellence in toilet hygiene Quieter: 25% noise reduction in comparison to traditional toilets Smarter: Water flow has been engineered to ensure optimal usage & benefits Winner of multiple international awards for revolutionary flush performance and innovative design According to the International Scientific ......read more

Deloitte: Medium-to-Long Term Demand Fundamentals Remain Strong for Dubai's Real Estate Market in ...…

02 May, 2017 – Global business advisors Deloitte released the Middle East Real Estate Predictions: Dubai 2017 report in January, which reviewed key trends in Dubai’s residential, retail, hospitality and office markets during 2016 and made predictions on how the markets could perform in 2017.  Deloitte’s predictions from January against actual market performance for the ......read more

QCC Endorses First Batch of Quality Partner Programme Affiliates…

Abu Dhabi-UAE: 1 May, 2017 – Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing the quality infrastructure in the emirate, announced the endorsement of the first batch of affiliates of its Quality Partner Programme comprising applications from 63 commercial establishments in the emirate of Abu Dhabi.  The initiative promotes voluntary compliance ......read more

Arab Traffic Week 2017 at Dalma Mall…

In collaboration with the Ministry of Interior, Dalma Mall presents the Arab Traffic Week 2017 under the theme “The Traffic Marshall Is Here to Serve You”, from May 4 to May 10, between 4:00 pm to 10:00 pm. The event includes interactive competitions with Dalma Mall’s visitors, including lectures on traffic safety rules, entertainment shows and raffle draws, in addition to ......read more

EMKAAN Unveils Architectural Formula for Health and Happiness…

“UAE architects should draw inspiration from ancient forts and heritage architectural elements to design happier buildings and communities,” said Muhammad Obaid  Dubai, UAE, April 30, 2017:  Building design has a significant impact on the well-being, happiness and productivity of today’s workforce, reveals Muhammed Obaid, Principal Architect, Partner and Manager of ......read more

Airolink Signs Up Dh2.8 Billion New Construction Contracts, Raising Order Book to Dh4.4 Billion in ...…

UAE’s fastest-growing construction conglomerate, expands through organic growth and asset acquisition Date: Dubai, April 30, 2017 Airolink, a large design and build construction conglomerate, announced the signing of Dh2.8 billion (US$760 million) new project contracts, raising the total value of its current order book to Dh4.4 billion (US$1.2 billion), from Dh1.6 billion (US$435 ......read more

Al Barari Wins Best Real Estate Project (Luxury Residential) at Gulf's Premier Real Estate Awards…

Dubai, United Arab Emirates, April 30, 2017:  Al Barari was presented with the Best Real Estate Project (Luxury Residential) award by His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department at the region’s first Gulf Real Estate Awards on April 17. Al Barari was honoured in front of nearly 300 real estate leaders at the largest and most prestigious real estate ......read more

Falconcity of Wonders Expresses Full Support to Ebdaat Craft Cooperative Society Dubai…

UAE, April 29, 2017 – Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project arising in Dubai, recently donated AED 50,000 to Ebdaat Craft Cooperative Society Dubai, an organization that supports craft work and other native articles made by Emiratis. Mr. Ahmad Almoosa, Vice Chairman and Deputy General Manager of FCW, handed over the cheque to ......read more

E-City introduces in-store retail technologies across all its stores in the UAE…

April 26, 2017: E-City (part of the Albatha Group), a leading operator of a chain of world-class multi-brand electronics retail stores across the UAE, revealed its move to showcase the latest in-store retail technologies across all its eight stores in the UAE. The company has announced the installation of the newest in electronic shelf labels, and interactive screens—all designed to give ......read more

Marks & Spencer Drives Emiratization Engagement Initiative Through Unique Store Takeover…

All-Emirati Sales Team Rises to the Challenge of Full Day Store Operations at M&S Deira City Centre Dubai, UAE, April 26, 2017: As part of its planned quarterly engagement initiatives, Marks & Spencer HR, in partnership with Al-Futtaim Retail HR, organized a Sales Workshop with a difference. The unique event, held on 22nd March at Marks & Spencer, Deira City Centre, was designed to ......read more

Paris Gallery Celebrates 20 years of Retail Excellence with BIG Discounts…

24 April 2017 - Dubai, UAE: It is the year of celebrations for Paris Gallery, the leading luxury retailer in the region, who is celebrating 20 years of retail excellence. The brand is offering its clientele big discounts on a wide range of selected luxury products across all its stores in the UAE. For a month beginning April 20th, customers can get up to 75% off on some of the most luxurious ......read more

The Department of Land and Real Estate Regulatory of Ajman showcases benefits and advantages of ...…

Ajman, April 24, 2017- The Department of Land and Real Estate Regulatory of Ajman is participating at this year's edition of the Riyadh Real Estate & Urban Development Exhibition 2017 (Restatex Riyadh 2017), the largest annual Real Estate event of its kind in the Kingdom of Saudi Arabia (KSA), at the Riyadh International Convention & Exhibition Center. The event is being attended by ......read more

Gulf Hospitality Project Value Exceeds Dh544 Billion (US$148.4 bn) in Q1 2017…

Number of active hospitality projects reached 1,153 as 62 projects with a combined value of Dh9.1 billion were added to the list in the first quarter of 2017, according to BNC Network 24 April 2017 - Dubai, UAE: News Announcements 1.    The total estimated value of 1,153 active projects in the GCC's hospitality industry exceeded US$148.4 billion in the first quarter of ......read more

HMH Appoints a New CEO…

Dubai: Hospitality Management Holding (HMH) has announced today the appointment of Mr Aboudi Asali as its Chief Executive Officer (CEO).   Mr Asali joins HMH with over twenty years of hospitality experience, starting at the Four Seasons Hotel Boston. After several years in operations, Mr Asali joined Arthur Andersen as a Real Estate and Hospitality Consultant in Bahrain and then London. ......read more

Upcoming Abu Dhabi Development Takes Centre Stage During Cityscape Abu Dhabi for RAK Properties…

The property developer’s second project in the UAE capital receives significant interest ahead of its anticipated launch 20 April 2017 - Abu Dhabi, UAE: RAK Properties PJSC, Ras Al Khaimah's largest property developer listed on the Abu Dhabi Stock Exchange, has concluded another successful year at Cityscape Abu Dhabi creating a buzz ahead of Abu Dhabi project’s official launch ......read more

Al Qudra Showcases Authentic and Modern Future Projects at Cityscape Abu Dhabi 2017…

Abu Dhabi, 19 April 2017: Al Qudra Real Estate, the real estate investment arm of Al Qudra Holding will be showcasing authentic and modern future projects including the Traditional Souq project in Abu Dhabi, Barari Ain Al Fayda project and Kasr Al Bahr Hotel in Rabat, Morocco, at Cityscape Abu Dhabi 2017. Held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown ......read more

Demand for steel rebars in UAE to increase by 10% in 2017, say ‘Magnet' members…

Dubai, UAE, April 19, 2017:  The steel consumption of the UAE market in 2017 is set to increase by 10 per cent as compared to 2016, while the domestic production capacity to address these volumes is already in place, say members of ‘Magnet’, a UAE-based platform to discuss and disseminate insights on the steel industry. Key industry stakeholders including Emirates Steel ......read more

Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in the ‘City ...…

Hospitality firm secures its third project in the country in just two years as agreement to manage Mövenpick Hotel & Apartments Lahore is finalised Dubai, United Arab Emirates, 19 April 2017 – Mövenpick Hotels & Resorts has expanded its footprint in Pakistan after finalising an agreement to operate its third property in the country. The Swiss hospitality firm has signed ......read more

Tamouh Investments Signs AED310 Million Financing Facility with ADIB for Paragon Bay Mall…

•    AED310 million facility provided by ADIB, which was the mandated lead arranger and sole bookrunner •    Facility to finance final phase of Paragon Bay Mall construction •    Macquarie Capital Middle East acted as sole financial adviser •    Msquared Shopping Centres to lease and operate the Mall Abu Dhabi, ......read more

Asteco signs first master franchise in Saudi Arabia…

Saudi Arabia based Ma’ather for Real Estate Management LLC invests in Asteco’s proven franchise brand, the first in the country  Dubai, April 19, 2017:  Asteco, the Middle East’s largest independent full-service real estate company, has added its first franchise in Saudi Arabia to its growing integrated network, taking the tally of franchises to 15 in the ......read more

H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis…

New shopping mall expands over 2.3 million square feet and comprises 300 shops and a family entertainment centre Dhs. 1 billion project to be ready for Expo2020 Dubai-UAE: 19 April, 2017 - His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, today ......read more

11th Edition of Cityscape Abu Dhabi Officially Opens…

UAE capital’s leading real estate event returns as research reveals the Emirates tops the charts for Middle East investment Abu Dhabi, UAE, 19 April, 2017: The 11th edition of Cityscape Abu Dhabi opened its doors today to thousands of local, regional and international visitors who flocked to the capital’s largest real estate event to meet more than 100 exhibitors and see a host of ......read more

Bloom Properties Updates Investors with Construction Status of Key Projects in Abu Dhabi, Dubai…

Cityscape Abu Dhabi 2017 convenes at a time when construction activities are in full swing at key Bloom projects Abu Dhabi-UAE: 19 April, 2017 – Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has provided investors and home buyers with updates of the ongoing construction activities across its diverse range of projects ......read more

Al Maryah Island to Showcase its Hospitality, Dining and Celebrations Offering at Arabian Travel ...…

With a world-class collection of hospitality and dining offerings, as well as the Capital’s most exciting celebrations, Al Maryah Island is establishing itself as Abu Dhabi’s most vibrant business and lifestyle destination  Abu Dhabi, 19 April, 2017: Having recently marked a plethora of milestones, Al Maryah Island, Abu Dhabi’s business and lifestyle destination, will ......read more

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