DUBAI, U.A.E., July 26, 2017: Sliding into the soft embrace of a new luxury vehicle for the first time can often be a sensory overload. The glowing display, the rich aroma of the leather, an array of buttons entreating to be pressed, the delicate wood finishes that cry out to be stroked, the evocation of a sense that this is a unique place, unlike any other. The enhanced feeling of wellbeing that washes over you as you close the door with a satisfying clunk and separate yourself from the outside would and cocoon yourself in a vehicle that becomes an extension of you, what is known as haptic perception.
To get a better understanding of materials close at hand, shutting one’s eyes allows the sense of touch to be more intense, and determine minuscule changes in the materials surface. This is because the ......read more
Offers running from13 August to 26 September across all participating stores
Dubai, UAE, 26 July, 2017: It’s time to grab your trainers and get ready for the school run! After the long summer holidays, Stadium is here to get your kids active again with their latest Back to School collection, now available from 1 August to 26 September.
Why search every store in Dubai, trying to find everything your kids need for school, when Stadium has the best sports brands all under one roof? We know how active boys can be so when it comes to Back to School essentials, look no further than Reebok’s Royal Prime Alt trainer (AED 155). With a super durable patterned synthetic outsole and secure dual Velcro strap, they can run around without a care in world. Adidas’ Young Boys Logo Tee (AED 95) is perfect for layering, ......read more
Dubai, July 26, 2017: To prepare your kids for the new school year, Al-Futtaim ACE is introducing a fun and exciting collection of back to school products all under one roof.
The collection will feature a range of quality products from leading brands including Nataraj, Kores, Sivo, bento lunch boxes from Sistema, Lock & Lock and Zipit amongst others.
Parents will find arts and craft, school bags, lunch boxes and bottle tumblers in addition to special bundle stationery packs starting from just AED 5. There are also colourful shelving and smart storage solutions to keep kids’ school necessities and toys organised at affordable prices.
The Back to School collection is available from 1st August across all Al-Futtaim ACE stores in the UAE including Dubai Festival City and Sheikh Zayed Road in Dubai, ......read more
ICLP survey finds that 68% of shoppers do not feel that they get anything in return for sharing their personal information with brands
24th July, 2017- Dubai, UAE: Global loyalty marketing agency, ICLP today reveals that more than two thirds (68%) of UAE shoppers do not feel that they get anything in return for sharing their personal information with brands. This presents a major challenge for retailers as they try to build stronger relationships with their customers and encourage them to join a growing number of loyalty programmes.
ICLP surveyed UAE consumers to understand how they felt about the risks and rewards of sharing their personal data with brands, and found that just 41% trusted brands to treat their personal data with respect and use it in their best interests.
The ......read more
His Excellency Mohammed Saif Al Suwaidi: Fund’s projects align with Egyptian government’s expansive vision and goals
Abu Dhabi-UAE: 24 July, 2017: Abu Dhabi Fund for Development (ADFD) and the Government of Egypt have long enjoyed close and strategic ties. The constructive cooperation between the two parties continues to promote sustainable development in vital economic sectors that benefit the citizens of Egypt.
To date, the Fund supported Egypt with Abu Dhabi government grants and concessionary loans worth AED4 billion across 64 development projects. The projects spanned diverse sectors, most notably transport, housing, agriculture and irrigation, energy, industry and mining, education and healthcare. In addition, ADFD owns an 84 per cent stake in Abu Dhabi Tourist Investment Company, a Cairo-based hotel and ......read more
Structure works for all buildings across Mamsha Al Saadiyat have been completed
Mamsha Al Saadiyat will offer a unique selection of beachfront one to four bedrooms apartments complete with modern sophistication
Abu Dhabi, UAE – 23 July 2017: The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced the achievement of significant stages in the development of the Mamsha Al Saadiyat project. All concrete groundwork has been laid, with the structure for all buildings now complete.
Situated in close proximity to the Saadiyat Cultural District, Mamsha Al Saadiyat represents a reimagination of beachfront living, with iconic world-class museums, first-class facilities and amenities set to be within walking distance of every ......read more
Abu Dhabi-UAE: 19 July, 2017: Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the Emirate of Abu Dhabi, has highlighted the importance of using QCC-certified window fall prevention devices as part of its ongoing efforts to promote child safety across the Emirate.
In 2012, QCC launched the Window Safety Fixtures Certification Scheme in order to implement Decree No (24) of 2012 issued by the Abu Dhabi Department of Municipal Affairs. The decree requires building owners to install approved window fall prevention devices on all windows and openings to the exterior where falls can occur. The QCC product conformity assessment programme aims to ensure the quality and safety of devices that restrict the opening distance of windows to a maximum of 10 cm.
All ......read more
Al Wahda Mall unfurls its Happiness Desk, a new and improved take on its customer service department
Keeping with the theme of the Year of Giving, an implementation inspired by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, Al Wahda Mall has introduced the Happiness Desk as a way to add an atmosphere of positivity and initiative with its customer service assistance
Al Wahda Mall is located in Abu Dhabi
Abu Dhabi, United Arab Emirates, July 19, 2017: Al Wahda Mall, an Iconic landmark & favorite shopping destination located in the heart of Abu Dhabi city, presents its latest initiative, the Happiness Desk customer service department. Located on the Ground Floor near the main entrance and Extension First Floor, the Happiness Desk runs parallelly with the mission of the Year of Giving ......read more
Event to consolidate key trade shows catering to hotel and foodservices sector – GulfHost, The Hotel Show, The Leisure Show, Speciality Food Festival, SEAFEX Middle East & yummex ME
Dubai, UAE, July 18, 2017: As markets across the Middle East look to diversify their economies, the launch of Dubai International Hospitality Week (DIHW) in September this year is recognition of the hospitality sector as a key driver of GDP growth in the region. Endorsed by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), what will be the largest hotel and foodservice expo in the Middle East takes place from 18-20 September and includes six co-located trade shows: GulfHost, owned and organised by Dubai World Trade Centre (DWTC); The Hotel Show and The Leisure Show, owned and organised by dmg events; and The ......read more
Shortage of premier homes in key locations favoured by buyers seeking 2018 handover – Al Msaddi
Dubai, UAE, 18 July 2017: A UAE real estate expert says “phobic” perceptions of an over-supplied Dubai residential property market persist when there is currently an under-supply of premier homes that will be ready for occupancy in some areas next year.
Firas Al Msaddi, CEO of fäm Properties, one of Dubai’s largest real estate brokerages, highlights a shortage of developments offering individuality in key locations favoured by buyers seeking handover in 2018.
“There’s still a phobic notion in the market regarding supply and demand,” says Al Msaddi. “While some property sectors may be over-supplied at present, others are under-supplied, especially when you ......read more
Dubai, UAE, July 18, 2017: Centrepoint, Middle East’s largest fashion retailer, is launching its Back-to-School collection on the 1st of August, which has everything you need to start the year and be the envy of all your peers with an exciting new collection. Centrepoint acknowledges that all kids have their own unique talents and interests, and wants to embrace and celebrate the differences, highlighting that every child deserves the best. The best part of the start of the near year is shopping for new school gear and this season’s new collection includes everything from water bottles, stylish backpacks, to pencil pouches and stationery items in an array of attractive designs and affordable prices.
Babyshops’ selection of products features a range of items perfect for little girls and boys who want ......read more
July 18, 2017, Dubai, United Arab Emirates: Ecolog, a Dubai-based leading provider of supply chain, construction, technology, facility management, and environmental services, is pleased to announce the appointment of Adil Toubia as Vice Chairman & CEO.
As a well-recognized global executive in the oil and gas industry, Toubia brings to Ecolog a wealth of experience and a long list of recognized achievements. His stellar background perfectly aligns with Ecolog’s strategic development and vision to become the pacesetter in its field of activities. Ecolog, currently working in more than 35 countries, provides turnkey and customized support solutions to governments, defense, humanitarian organizations and commercial clients in the sectors of Oil & Gas, Mining, Energy, and Infrastructure.
Toubia is the former ......read more
Abu Dhabi, 17 July 2017: The Mall at World Trade Center Abu Dhabi (The Mall at WTCAD) will offer football fans across the UAE the opportunity to experience an epic FIFA Club World Cup UAE 2017 spirit, by hosting a series of social and physical activations and skill games this summer from 17th to 19th August.
The FIFA Club World Cup UAE 2017 activations will include 12 skill games including competitions on football dribbling, passing, heading and throwing, in addition to other skills such as precision, save, reflex, accuracy, touch, E-sport, power and speed. The activations also offer 6 social experiences including competitions on trophy, locker room entrance, goal celebration, goal 180° experience, dugout, and goal commentary experience.
The event marks an important milestone in the journey ......read more
Achieving an annual saving of AED 45 million through 18 offices across Dubai
Dubai – UAE, 15th July 2017: Dubai Land Department (DLD) has announced that Real Estate Registration Trustees Offices are playing an important role in fulfilling the department’s vision of making Dubai the world’s premier real estate destination and a byword for innovation, trust and happiness. DLD has also confirmed that the offices contribute to increasing its total yearly revenue by making significant annual savings.
Saad Abdulla Al Hammadi, Director of Finance and Administrative Affairs at DLD, commented: "The launch of the Real Estate Registration Trustees Offices has helped DLD to achieve an annual saving of approximately AED 45 million through 18 offices located across Dubai. The offices represented around 23% of ......read more
Agreements focus on conformity of Low Voltage Switchgear products, quality of service of personnel performing installation works
Abu Dhabi-UAE: 15 July, 2017: Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, signed two cooperation agreements with Abu Dhabi Distribution Company (ADDC) to issue conformity certificates for Low Voltage Switchgear (LVSG) products as well as for the services offered by personnel performing the wiring installation work.
Under the first agreement, the two sides will collaborate to ensure that electrical wiring installation works performed in the emirate comply with the requirements of conformity schemes issued by QCC to meet the relevant regulations. The second agreement aims to improve the quality of ......read more
Dubai, UAE, July 15, 2017: Better Life, one of the leading home appliance retailers in the UAE and a division of Easa Saleh Al Gurg Group, LLC has launched the “Better Surprises” promotion as part of Dubai Summer Surprises (DSS) to provide attractive savings for customers. The promotion extends across its full range of appliances which includes built-in and major domestic appliances such as dishwashers, refrigerators, cookers and other products. Customers will get to choose from Better Life’s extensive portfolio of world-class brands such as Siemens, Zanussi, Terim, Breville, Laurastar, Forbes of Switzerland, Wolf Power and Euron amongst others.
As part of the promotion, Better Life is offering gift vouchers to reward customers depending on their spends with gift vouchers ranging from AED 150, 300, 850 ......read more
Abu Dhabi, United Arab Emirates (July 13, 2017): Jewel Corner, a fine jewellery brand from the UAE, is on a constant lookout for ways to bring the brand closer to its customers. It has recently opened a kiosk in a centrally located shopping destination in Abu Dhabi, Al Wahda Mall on June 11, 2017. The mall attracts a huge footfall and is known as a place for ultimate shopping experiences that exudes style which is why the design of the new kiosk is attractive and made to stand out.
Being in the market for the last 20 years, Jewel Corner has taken well planned steps to increase their presence in the UAE market. The first kiosk in the Al Wahda Mall was unveiled because Jewel Corner recognises that Abu Dhabi is a promising market and people in the UAE love authentic diamond and gold jewellery.
With the advantage of ......read more
Pioneering technology leader ABB achieves almost 100% energy efficiency with synchronous motor.
Tests carried out on a 44 megawatt 6-pole synchronous ABB motor shortly before delivery showed an efficiency 0.25 percent greater than the 98.8 percent stipulated in the contract, resulting in the world record for electric motor efficiency. This efficiency improvement could save approximately $500,000 in electrical energy costs over the course of a 20-year lifetime for each motor.
“With electricity costs being, by far, the largest component in the total cost of ownership of such a motor, savings like these have a significant impact on profits,” said Sami Atiya, president of ABB’s Robotics and Motion division. “In addition to extremely high efficiency, synchronous motors are renowned for their proven quality and ......read more
Application is the first of its kind in the world, providing access to 2,340 offices and 5,856 real estate brokers
Dubai, UAE, 08 July 2017: Dubai Land Department (DLD) has announced the launch of an awareness campaign for its ‘Dubai Brokers’ application – the first of its kind in the world. ‘Dubai Brokers’ is the most important application issued by DLD for providing accurate and up-to-date information on licensed Dubai real estate brokers and real estate companies that have been approved by the department.
Yousef Al Hashmi, Deputy Executive Director of RERA at DLD – the regulatory arm of DLD, commented: “The ‘Dubai Brokers’ application is characterised by speed and trust. It supports the sale and purchase of real estate by making the process both smart and safe, ......read more
Dubai, UAE, July 6, 2017: The 2017 edition of Dubai Summer Surprises (DSS) is now underway, and to celebrate, The Dubai Mall has arranged some extra special treats for visitors!
In addition to the fantastic savings that can be made at a huge selection of The Dubai Mall’s 1,200 retailers, from now until mid-August, Star Atrium will host a pop-up store filled with some of the very best special offers that The Dubai Mall retailers have on offer; while Café Bateel will also be there, offering up tasty treats for shoppers to enjoy.
The bargains at Star Atrium can be found on items across home, electrical, apparel, footwear, accessories and more – from incredible brands including Bloomingdale’s, Sharaf DG, and Samsonite, to name just a few.
Head down to The Dubai Mall this DSS and make the most of ......read more
Dubai, UAE, July 6, 2017: Fortnum & Mason have curated a delicious list of must have essentials for the summer. Throughout the month of July, selected items will go on sale - all with up to 60% off.
Visit the retail store to pick up your favourite delectable treat to satisfy tastebuds. Located within The Dubai Mall, Fortnum’s offers a selection of world-famous products plus a variety of hospitality options. Explore its extraordinary tea ranges and pick up everything from hero pieces to their scrumptious range of preserves, honey and more such as the Silver Plated Tea Strainer and CaddySpoon Set or a 196 piece assortment of Napolitains.
Give the gift of Fortnum’s with the perfect collection of homeware accessories for an unforgettable dining experience. Once the weather cools down, eat al fresco with their ......read more
Emirates NBD and Burgan Bank form bank consortium behind financing deal
30% of available retail space already committed, signifying strong interest from prominent retailer
Dubai, United Arab Emirates (July 5, 2017): Cityland Group today announced a major financing milestone for the USD 330 Million flagship retail project - Cityland Mall - from a consortium of banks consisting of Emirates NBD as the lead bank and Burgan Bank from Kuwait.
The loan, which totals USD 142.74 million in value, will be utilized for covering the ongoing project cost in terms of construction for Cityland Mall which will be the only major destination mall opening in 2018 in Dubai.
Speaking on the occasion, Fahimuddin Sharfuddin, Chief Executive Officer and Board Member, Cityland Group said: “Securing ......read more
Leading global materials handling equipment suppliers sign up for Materials Handling Middle East 2017
Dubai, U.A.E: With over 130 exhibitors from as many as 21 different countries, representing 250 brands, having already signed up for the upcoming 9th edition of Materials Handling Middle East, the region continues to be a key focus of leading names in the intralogistics, warehousing, freight and cargo industries.
Materials Handling Middle East, is the only dedicated trade and networking event for the logistics, supply chain management and warehousing industries serving the wider Middle East. Additionally, despite the overall slowdown in economic growth trends worldwide, the materials handling and logistics industries have continued to enjoy a relatively healthy growth rate in the region.
According to research by analysts Frost ......read more
Real estate brokerage office wins gold category and seven websites awarded for contributions to Dubai’s real estate sector
Dubai, United Arab Emirates, 03rd July 2017: Dubai Land Department (DLD) has honoured its strategic partners, including real estate brokerage offices and several websites.
Yousif Al Hashimi, Deputy CEO of the Real Estate Regulatory Agency (RERA) – the regulatory arm of DLD – commented: “The aim of this event is to improve the efficiency of brokers in the real estate market by encouraging competition and incentivising them to provide the best services for investors and clients. This reflects our dedication to honouring all of our strategic partners and motivating them to deliver world-class services.”
PK Properties was the winner of the gold category and the award was ......read more
Dubai, UAE, July 3, 2017: Case studies of the infrastructure projects California High Speed Rail and San Francisco AirTrain Extension have recently been completed in the research project Impres. Interviews along the projects’ value chains have provided valuable input and examples for Impres’ goal of creating guidelines for carbon management through procurement requirements in infrastructure projects.
Stefan Uppenberg, sustainability consultant at WSP Group and project manager for the Impres project, and Daniel Balian, who’s doing his masters thesis at WSP, conducted the interviews.
“We talked with many different people – from politicians and clients to consultants, contractors and suppliers, and asked questions on how requirements are set to reduce green house gas emissions. We also asked about ......read more
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
“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
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
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
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
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
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 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
• 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
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
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
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
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
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
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
“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
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
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
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
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
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
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
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
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:
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
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
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
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
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
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
• 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
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
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
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
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
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
No signs of slowing down; exhibitors report high number of sales on opening day of capital’s largest real estate show
Abu Dhabi, UAE, 19 April, 2017: Investors and buyers are out in full force at Cityscape Abu Dhabi this week, as exhibitors reveal hundreds of new property launches, special promotion rates and payment plans for a host of local, regional and international real estate ......read more
• Majid Al Futtaim is the first company from the Middle East to commit to Net Positive
• Company aims to become Net Positive in water consumption and carbon emissions by 2040
• Majid Al Futtaim joins other leading global corporations in Net Positive movement
Dubai, 18 April 2017 – Majid Al Futtaim, the ......read more
May 8 - 11, 2017 - Doha Exhibition & Convention Center (DECC)
Offer focused on environmental-friendly buildings, energy efficiency, smart buildings and home automation
8 select companies
Doha, April 18th 2017 - The French companies exhibiting at the Project Qatar from 8 to 11 May 2017, will be focusing on quality and reliability. The French Pavilion organized by ......read more
Efficiency of laboratories in Abu Dhabi improves significantly from 57% in 2014 to 97% in 2017
Fluctuation in laboratory efficiency decreases from 66% in 2014 to 32% in 2017
Abu Dhabi-UAE: 17 April 2017 – The Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure and raising awareness on quality standards in the emirate ......read more
12 April 2017 - Dubai UAE: “Overall, the hospitality market across the GCC witnessed an even split in increases and declines of KPIs in February 2017 when compared to the same month last year. In the GCC, half of the markets saw an increase in revenue per average room (RevPAR), these were the UAE, Kuwait, and Qatar; while the other half, KSA, Oman, and Bahrain, saw a slowdown ......read more
• Sluggish job market and a shrinkage in the oil and gas sector continue to place pressure on the Abu Dhabi real estate market;
• Apartment sales prices down 1% and villas down 9%; apartment and villa rents down 3%
12 April 2017 - Dubai UAE: Average apartment sales prices in Abu Dhabi fell by 1% in Q1 2017 while villa prices dropped ......read more
12th April 2017 - Dubai UAE: Liberty House Group has launched its new Speciality Steels business and appointed some of the most prominent international metals industry figures to lead the operation.
The move comes in anticipation of completion of Liberty’s agreed £100m acquisition of Tata Steel UK Speciality Steels, employing around 1,700 people in the North of England. ......read more
Winners of the competition will win a year’s free rent at 93- 94 Avenues OR Nad Al Hamar Avenues Community Centres’ worth AED 350,000
April 11, 2017, Dubai, UAE – In line with the UAE declaring 2017 as the year of giving, leading property developer and real estate management company, International House for Real Estate Project Management (IHRPM), is launching the ......read more
Awards series recognizes best-practice contributions to the plastics industry
Abu Dhabi, United Arab Emirates, April 11, 2017 – Gulf Petrochemicals and Chemicals Association (GPCA), the go to resource for industry data in the region, announced the winners of the 7th edition of the GPCA Plastics Excellence Awards. The awards ceremony took place on April 9, 2017, in Jumeirah at Etihad ......read more
10 April 2017 - Dubai, UAE: A car is one of the biggest investments one would make and quite naturally it is expected to be as flawless through the test of time. However, that’s just not the case. Most cars undergo a bumpy ride each day, get beaten by the weather and are faced by the agony of pebbles and road debris, which can take nicks out of the paint.
However, there are ways to ......read more
Dubai, 10th April, 2017: Centrepoint, Middle East’s largest fashion retailer, heralds the future of its retail stores with the opening of its re-designed concept format at Doha Festival City. The new store opened amidst high anticipation from customers on 5th April, 2017. It is one of the cornerstones of the shopping mall with a retail space of 58,092 sq. ft. split on 2 levels making ......read more
Dubai, UAE, April 9, 2017: Dubai’s leading developer G & Co and one of the leading real estate brokerage agencies Fortune 5 recently launched The Fields Sales Centre located in Mohammed Bin Rashid City at a ceremony attended by more than 300 real estate professionals. The newly opened state of the art Sales Centre spread over 7,000 square feet will offer real estate agents a ......read more
Dubai, 09 April 2017
• Mission to align with growth of digital economy and smart cities in the UAE and KSA
• 12 French industry experts to bring their skills and knowledge to help local business grow
Bpifrance (French Public Investment Bank) and Societe Generale Middle East partner with Business France to bring companies to the Gulf Cooperation ......read more
Micky and Renuka Jagtiani honoured at 2017 World Retail Congress
Dubai, UAE: April 8, 2017 – Landmark Group, a Dubai-based multinational conglomerate, today announced that its founder and Chairman Micky Jagtiani and Vice Chairperson Renuka Jagtiani were inducted into the Retail Hall of Fame at a private ceremony held during the 2017 World Retail Congress at Madinat Jumeirah Hotel ......read more
As the Mall opens its doors with a celebratory bang, the Mall promises even more entertainment and surprises are yet to come!
Doha, 6th April 2017: Doha Festival City, the largest entertainment, retail and hospitality destination in Qatar, managed and operated by Al-Futtaim, opened its doors to the public yesterday, 5th April 2017. Thousands of visitors flocked to the new Mall from 10am ......read more