Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Real Estate and Retail
The Rental Disputes Center is an integrated judicial system for the real estate sector

Dubai, UAE, September 19, 2017:   Since its establishment in 2013, the Rental Disputes Center (RDC) has worked toward becoming the international reference point for resolving rental disputes via an integrated judicial system that is characterised by speed and accuracy, and supports sustainability. In addition to settling rental disputes, the RDC also contributes to formulating proactive solutions that ensure the real estate sector is supported throughout every stage of its growth.  To achieve this, the RDC's team works with other legislative bodies and entities to develop plans and mechanisms that monitor market rhythm and respond to the expectations and needs of all parties in the sector.   Consideration of disputes The RDC is the judicial arm of Dubai Land Department and has the capacity to not only deal ......read more

Awqaf and Minors Affairs Foundation Inaugurates His Excellency Ahmed Ali Al Abdulla's AED16.5 Million Endowment Project

Project Comprises Three Buildings  Revenues to Benefit Orphans Including Children of AMAF’s Family Village  Dubai-UAE: 17 September, 2017:  The Awqaf and Minors Affairs Foundation (AMAF) inaugurated a new residential and commercial endowment development in Al Bada’a area of Dubai, funded by His Excellency Ahmed Ali Al Abdulla. The project’s revenues will benefit the orphans in AMAF’s care including those residing in the Family Village, the region’s first community orphanage that provides more than 30 children with shelter, education, and support in a stable family environment.  His Excellency Tayeb Al-Rais, Secretary General of AMAF, Ahmed Bu Shihab, Director of AMAF’s Endowment Development Department, and His Excellency Ahmed Ali Al Abdulla attended the ceremony. Other ......read more

Danube Properties Bags two prestigious awards this September

Danube properties wins two coveted awards at Forbes Middle East Award ceremony and Gulf Business Award ceremony simultaneously 16th September, 2017; Dubai, UAE:  It’s yet another outstanding achievement by Danube Properties, the leading Property Developer in the region delivering affordable and sustainable development with high standards of construction. The realty division bags two prestigious awards: Top Real Estate Company in the Arab world by Forbes Middle East on 9th of September at Waldorf Astoria Dubai Palm Jumeirah and Best Real Estate Company in the Arab World by The Gulf Business Awards on 10th of September at Fairmont the Palm Hotel in Dubai.  On receiving the award, MR. RIZWAN SAJAN, Founder & Chairman – Danube group said, “Winning two awards concurrently on the prestigious forums of ......read more

Dubai Land Department to promote Dubai real estate internationally

Dubai Land Department signs MoU with Sumansa Exhibitions to further strengthen partnership for the Dubai Property Show  13th September, 2017; Dubai, UAE:  Following successful exhibitions in Hong Kong, London, Mumbai, and Shanghai, the last two of which generated AED 1.2 billion and AED 800 million of investments respectively, Dubai Land Department (DLD) now plans to explore new destinations for promoting the Emirate’s attractive real estate market through its flagship event, the Dubai Property Show. At a ceremony hosted during Cityscape Global 2017, DLD signed an MoU with Sumansa Exhibitions – the organisers of the Dubai Property Show – with the aim of further strengthening ties between the two parties to take Dubai’s real estate across the globe. The MoU was signed by Majid Al-Marri Senior Director ......read more

Saudi Investors to Keep Faith in Dubai Real Estate - Developer

ARTAR COO says the emirate’s property market has a proven reputation for delivering long-term benefits  Dubai, UAE, 13 September 2017:  Saudi Arabian investors will continue to put their faith in Dubai real estate because the emirate’s property market has a proven reputation for delivering long-term benefits, a developer said at Cityscape Global today. Okbah Abdulkarim, Chief Operating Officer of ARTAR Real Estate Development, says Dubai’s status as a safe haven for real investors remains intact and major developments driving the economy are building investor interest, particularly from Saudi. Official Dubai Land Department figures show that, in the 18 months from January 2016 to the end of June this year, the biggest GCC investors in Dubai real estate other than Emiratis were Saudis who made a total ......read more

Shaikhani Group Lauds Cityscape for allowing Onsite Property Sale

Shaikhani Group is showcasing Dh900 mln worth of properties The group so far completed projects worth Dh450 million with 359 units. Total 180 apartments have been sold out in till August 2017. Developers are euphoric about selling and getting ROI right onsite Dubai, UAE, September 12, 2017:  Dubai-based  property developer Shaikhani Group lauded Cityscape and authorities on their decision of allowing the property developers to sell properties at their stands at the exhibition, which will run from 11 to 13 September, 2017 at Dubai World Trade Centre.   Shaikhani Group so far completed projects worth Dh450 million with 359 units.  Total 180 apartments have been sold out in 2017.   Mahmood Shaikhani, Managing Director of Shaikhani Group, said: “The historic decision of selling ......read more

Cityscape Global Awards for Emerging Markets Celebrate International Architectural Excellence

More than 300 entrants shortlisted to 11 winners from UAE, Bahrain, Saudi Arabia, Kuwait, Argentina, Brazil, India, Malaysia and Bangladesh   Dubai, UAE, 12 September, 2017:  Real estate projects from the GCC, South America and Asia have been recognised as best in class at the Cityscape Awards for Emerging Markets, announced during a gala dinner on Monday 11 September.   With more than 300 initial submissions received, a total of 44 projects representing local and international projects from 17 countries were shortlisted before the winners were revealed at the Conrad Hotel, Dubai.  The winning projects embody the very best in architectural excellence for future and built developments across the globe.   Two UAE projects picked up awards on the night; Developer, Swiss Property, and British ......read more

Massive Investment Opportunities as Tilal Properties Announces 68% Increase in Gross Leasing Area at Tilal Mall

Colliers International named as the official management company for Tilal Mall during a high-level signing ceremony on the first day of Cityscape Global Dubai 2017 Sharjah, 12 September 2017:   Tilal Properties, a leading Sharjah-based real estate developer and the first to develop freehold and leasehold properties in the emirate, has unveiled sweeping expansion plans for its flagship retail project ‘Tilal Mall’, as a part of its strategy to lead the emirate’s booming property sector and provide the perfect destination for investors, residents, tourists and entrepreneurs. The comprehensive range of updates involve increasing the area designated for construction from 256,000 square metres to 400,000 square metres and raising the total gross leasing area from 69,000 square metres to 115,982 square metres. The ......read more

Building Surge Highlights Changing Face of Investment in Dubai Real Estate – Al Msaddi

Fäm Properties CEO spotlights market shift at Cityscape Global as plot owners take development route, land advisory set to boom, speculators fade Dubai, UAE, 12 September 2017:  Real estate investors in Dubai are opting to develop land plots rather than wait for a return to lucrative sales profits in a market no longer dominated by speculators. This significant market shift was highlighted at Cityscape Global today by Firas Al Msaddi, CEO of fäm Properties, one of Dubai’s largest real estate brokerages. “Between 2010-2013 in prime Dubai areas, trading plots was one of the most lucrative real estate investments,” said Al Msaddi. “But in the last three years, plot prices reached optimum level, killing opportunities to buy and sell for profit in the short and medium term. “As re-sale ......read more

Bloom Properties Updates Investors on Construction Progress of Key Abu Dhabi, Dubai Developments

Developer showcases prestige projects at Cityscape Global 2017 in Dubai  Abu Dhabi-UAE: 11 September, 2017:  Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, is marking an impactful participation at the 16th edition of Cityscape Global 2017, providing investors, home buyers and visitors at the definitive exhibition with construction updates on its diverse range of developments in Abu Dhabi and Dubai.  The construction of Bloom Heights, the developer’s project in Dubai’s Jumeirah Village Circle, has advanced significantly, with work proceeding on the main towers. Bloom Heights will comprise a total of 686 residential units ranging from studios to three-bedroom apartments. Scheduled for completion in Q2 2019, the development benefits from ......read more

Value of UAE's building projects reaches Dh836 billion in Sept 2017

The latest BNC Network’s report shows, 7,878 building projects are active in the UAE – reflecting the vibrancy of the construction activities in the building sector   News Announcements The total value of 7,878 building projects in the UAE reaches Dh836 billion (US$227.9 billion) in September 2017  Of all the building projects, US$100.5 billion worth of projects are high-rise towers, rising above 15 floors  In terms of value, US$121.1 billion worth of buildings are being built in Dubai, while US$64.3 billion worth of projects are being developed in Abu Dhabi  Number of building projects increased by 2% in August 2017  A total of 228 building projects with a combined estimated value of US$4 billion were completed during August 2017  BNC Network tracks 25,324 live projects ......read more

Cityscape Global 2017 Officially Opens

Region’s largest real estate event offers diverse portfolio of projects, on-site sales for UAE projects and hundreds of global developments on show Dubai, 11 September, 2017:   The 16th edition of Cityscape Global, the Middle East’s largest, most influential real estate event, officially opened today at the Dubai World Trade Centre. Recognised as the barometer for the regional real estate industry, Cityscape Global runs until Wednesday 13 September and will host to almost 300 exhibitors including the UAE’s major real estate developers Dubai Holding, Nakheel, Meydan, Meraas, Dubai South, DAMAC, Aldar Properties, as well as other local and international exhibitors from 30 countries. Marking a milestone for Cityscape Global’s continued cooperation with the Dubai Land Department and its Real Estate ......read more

Fäm Properties Reveals Bitcoin Payment Option for Rentals at Major New Dubai Destination

Al Msaddi says landlords believe cryptocurrency initiatives will attract educated, savvy tenants Dubai, UAE, 11 September 2017:  One of Dubai’s largest real estate brokerages revealed today that some landlords will start accepting Bitcoin payments for residential property rental within one of the city’s major new developments starting next month. On the opening day of Cityscape Global, fäm Properties said that from 1st October a number of landlords whose properties are managed by the company are willing to accept Bitcoin rental payments for a limited number of apartments at City Walk, the new destination in the heart of Jumeirah. provided there are clear regulatory guidelines in place. Firas Al Msaddi, CEO of fäm Properties, said the initiative had been inspired by the recent announcement that a real ......read more

Rocky reinforces its leadership position in Dubai's real estate market

Dubai, UAE, September 11, 2017:  Dubai’s world class infrastructure and ideal location positions it as one of the best cities in the world to live and do business with unlimited potential. It has been established that investors get higher yield in Dubai when compared to real estate investments in many other global cities. Hence, property investors from across the world consider Dubai to be one of their most preferred destinations for real estate investments. With the significant growth of the real estate sector, Rocky Real Estate, UAE’s leading brokerage firm has reinforced its position as one of the reputable players in Dubai’s real estate market.  Mr. Suraj Rajshekar, General Manager of Rocky Real Estate Freehold Division said “Our experience of being in this market right from 1976 has played a ......read more

Al Thuriah to launch special promotion during Cityscape Global on three-bedroom apartments in Sahara Tower 6

Select three-bedroom units in landmark high-rise complex will cost AED1 million for limited three-day period Promotion comes following Cityscape Global’s decision to allow direct buying for the first time in event’s history Sharjah, 10th September 2017:  Al Thuriah Properties, the UAE’s premier property developer that specializes in high-rise residential towers and communities, today announced it is launching a special promotion at Cityscape Global 2017 on a limited range of apartments at Sahara Tower 6.    The promotion is on 33 three-bedroom apartments – each of which will be discounted by AED333,000 to cost buyers AED1 million per apartment – and is valid during Cityscape only. The unit price will return to the price as displayed in the Al Thuriah Properties sales office ......read more

Value of 21,893 construction projects in the GCC reaches Dh8.8 trillion

News Announcements The total value of 21,893 construction projects reaches Dh8.8 trillion (US$2.4 trillion) at the beginning of September 2017, which is higher than the GDP of 205 countries, and lower than the world’s top six economies. Value of urban construction projects reached $1.185 trillion (Dh4.34 trillion) in September 2017, BNC Construction Intelligence report shows Value of the energy projects have reached $331 billion (Dh1.21 trillion) in September 2017 Value of utility project in the Gulf reached $302 billion (Dh1.1 trillion) in Sept., 2017 Total value of industrial projects reach $181 billion (Dh666.47 billion), according to BNC Network BNC Network tracks 25,324 live projects worth Dh26.4 trillion across the GCC Dubai, UAE, September 10, 2017:  Total value of 21,893 active construction ......read more

On the occasion of the Cityscape: Empower highlights the importance of District cooling in the future of Smart Cities

A report by US-based Global Market Insights indicates that the district cooling market in the Middle East will exceed US$12bn by 2024   Dubai, UAE, September 10, 2017:  Commercial and residential buildings in Dubai have district cooling and the demand is set to grow substantially, and district cooling is an integral part in the future of smart cities, according to Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider.   “Once a building has been commissioned, there is a need to maintain its operating efficiency. District cooling represents a paradigm shift in the fundamental thinking behind the provision of comfortable indoor environments. These community-cooling solutions offer significant new opportunities for ......read more

Future Living: Dubai Properties to showcase high-powered realty portfolio and promising lifestyle destinations at Cityscape Global

Key Projects across Dubai at Marasi Business Bay, Villanova in Dubailand, as well New Phase of Cultural Village are in Focus at Stand S1D10 at Sheikh Saeed Hall 1, Dubai World Trade Centre   Dubai-UAE: 10 September, 2017:  Dubai Properties, a leading Dubai-based real estate master developer of renowned destinations across the emirate will showcase an impressive realty portfolio at Cityscape Global 2017, exhibiting alongside other Dubai Holding companies including Dubai Design District (d3). The premier property exhibition, Cityscape Global will run from 11 to 13 September, at the Dubai World Trade Centre. Over the years, Cityscape Global has gained tremendous traction, becoming the world’s largest real estate investment and development event for emerging markets.   Visitors to the Dubai Properties ......read more

64 Brands in the UAE to receive Superbrands title at Annual Tribute Event

Gala Event to announce ‘Brand of the Year’ award and unveil the 13th edition of the Superbrands book Dubai, UAE – September 10, 2017:  Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 64 of UAE’s strongest brands on September 17, 2017. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 13th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands. In its 13th edition, the Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Mr. Mike English, Director, Superbrands Middle East, said, “Marketers have always had to juggle ......read more

Al Marjan Island set to raise Ras Al Khaimah real estate profile at Cityscape Global 2017

The island will demonstrate its pivotal role in realising Ras Al Khaimah real estate vision for 2018, and highlight unrivalled investment opportunities for investors Ras Al Khaimah, UAE, 9 September 2017:  With record investment deals and projects portfolio, Al Marjan Island the leading master developer in Ras Al Khaimah was named platinum sponsor of Cityscape Global 2017 which runs from 11th to 13th September at Dubai International Convention and Exhibition Centre. Through its participation at the exhibition, Al Marjan Island will continue to raise Ras Al Khaimah’s (RAK) tourism and real estate profile and will showcase a host of mixed developments that will offer focused investment opportunities to potential investors.  “We aim to continue our support to such industry events, with the primary objective of ......read more

MAG PD highlights its real estate portfolio for visitors during ‘Cityscape Global 2017'

The company contributes to Dubai's vision by providing the real estate market with a wide spectrum of real estate options  The value of the company's UAE investments reached AED 9.8 billion by the end of the first half of 2017 Dubai, UAE, September 9, 2017:  MAG Property Development (MAG PD), the property development arm of MAG Group, has announced that it will showcase five real estate projects at Cityscape Global 2017, the world-leading real estate exhibition that will take place at the Dubai World Trade Center from 11th to 13th September. Talal Moafaq Al Gaddah, CEO of MAG Property Development, commented: "Our aim at MAG PD is to offer a wide variety of projects that cater to different segments of society. We consider Cityscape Global to be the ideal platform for not only promoting our brand and projects, ......read more

UAE Retains No. 1 Spot as Most Appealing Real Estate Investment Country for GCC Residents

Dubai takes top city billing in new Real Estate Barometer study commissioned by YouGov for Cityscape Global Dubai, UAE; 9 September 2017:  The UAE has retained its number one position as the most appealing country to invest in real estate in the world for GCC residents, while Dubai is the most preferred city, according to new research. The latest Real Estate Barometer study, conducted in partnership between YouGov and Cityscape Global, asked GCC home buyers and real estate investors where they feel most comfortable investing their money globally and 45% of respondents cited the UAE, up from 42% in 2016, while 63% chose the UAE from among countries in the Middle East specifically Collectively, 69% of respondents chose Dubai as the ‘go to’ city for real estate investment, with two thirds (66%) expecting the impact ......read more

Instant Cash Back with Stadium

Spend 500 AED in store at Stadium and only pay 350 AED Dubai, UAE, 9 September, 2017:  Refresh your sports and lifestyle wardrobe at Stadium and be rewarded instantly. From 31 August to 12 September, shoppers spending 500 AED or more in participating Stadium can redeem 150 AED instantly.   This offer is only valid in the following stores: Dubai Mall, Dubai Festival City, BurJuman, City Centre Deira, Abu Dhabi Marina Mall, Yas Mall, Mushrif Mall and Deerfields. 

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Real Estate Developers Offer Range of Exclusive Deals for Investors at Cityscape Global

Middle East’s largest real estate event returns with on-site sales for the first time and a host of special offers    Dubai, UAE; 7 September 2017:  Cityscape Global returns to Dubai World Trade Centre next week and scores of real estate developers are busy prepping for what is the biggest property event in the region.    This year sees the introduction of on-site sales for all UAE projects, which means visitors will be able to compare investment options in one place and make purchasing decisions right on the show room floor.   With up to 300 exhibitors vying for attention and offering exclusive deals at the event, which runs from Monday 11 to Wednesday 13 September, here are six deals to name a few:   Jumeirah Golf Estates Units in Jumeirah Golf Estates’ AlAndalus ......read more

DAMAC Properties Awards 370 Contracts Valued at AED 3.5 Billion so far in 2017

DAMAC Hills master community advances; Over 50 percent of contracts awarded for its AKOYA Oxygen development  Dubai, United Arab Emirates – 6 September 2017:  DAMAC Properties, a leading luxury real estate developer in the region, announced it has awarded more than 370 contracts worth AED 3.5 billion since January 2017. The contracts included construction, supplier and consultancy services across its portfolio of developments.  The bulk of contracts awarded this year have been for DAMAC’s largest master golf community, AKOYA Oxygen, with major construction ongoing across the 55-million square foot development. DAMAC has, for this year alone, entered into contracts worth AED 1.8 billion, appointing highly-reputed partners to deliver the construction works for AKOYA Oxygen.  “DAMAC has awarded ......read more

Other Top Stories from Real Estate and Retail
 
Al Wahda Mall revamps website to offer an enhanced customer experience…

Al Wahda Mall, as a part of its customer-centric strategy due to increasing demand to go online and social, has recently enhanced its website in order to offer an unmatched and enhanced experience for its customers Al Wahda Mall is known for introducing novel initiatives and programs that are in the best interests of the mall visitors The new user-friendly website is also designed to be ......read more

More number of Indian expats looking for an additional investment in Indian properties…

A huge climb of 110% observed in the category, investment appetite for the higher budget homes up by 45%  Mumbai, Chennai, Bangalore, Delhi, Hyderabad and Pune remain top favorite investment cities. Kannur, Thrissur, Thiruvananthapuram emerge as new destinations. May 30, 2017; Dubai, UAE:  In a survey conducted amongst 10,000 UAE based Indian expats, the organizers of the upcoming ......read more

Wasl Properties Launches Ramadan Arts Competitions to Celebrate the Holy Month…

Annual contest celebrates and rewards creativity with exceptional prizes  May 29, 2017 - Dubai, UAE: Wasl properties – Dubai’s leading property management and development company – is celebrating creativity this holy month, with special Ramadan Art competitions that reward artistic flair with exceptional prizes. The annual competitions welcome participation from all ......read more

‘Stay for Free' at Coral Beach Resort Sharjah…

This Ramadan ‘Stay for Free’ at Coral Beach Resort Sharjah, managed by HMH. All through the month, when you book a Standard Room at the hotel for AED 333+ per night, the hotel will give you the same amount back as a credit upon check-in. The credit can be utilized during the stay period on food and beverage including room service, SPA or any other extras that may occur. The rate ......read more

Carrefour Lays Foundation Stone for the Largest Regional Distribution Centre in National Industries ...…

Dubai, UAE - May 29, 2017: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today held a ground-breaking ceremony at the site of its new regional distribution centre at the National Industries Park (NIP) in Dubai in the presence of senior officials including Mohammed Al Muallem, CEO of Jafza and Senior Vice President ......read more

Shop & Drive This Ramadan With Dalma Mall…

The Holy Month of Ramadan is back with more prizes and activities at Dalma Mall! During this Holy Month, Dalma Mall gives the chance to everyone to win; as you shop for AED 200 and get the chance to enter a raffle draw to drive away in one of two Nissan Patrol Cars. The Shop & Drive Campaign will stretch from 27 May 2017, throughout the Holy Month of Ramadan and will conclude on the ......read more

Learn to create a home full of positive energies…

Join Padmaja Yadav’s Free Vaastu, Feng Shui and Home Interior seminars at Indian Property Show 28th May, 2017; Dubai, UAE:  Learn home décor tips for increasing health, wealth and harmony by the leading Feng Shui and Vastu expert, Ms Padmaja Yadav. She will be conducting free seminars on home interior and Vastu during the upcoming Indian Property Show from June 8-10, at Hall 6, ......read more

Majid Al Futtaim Annual Ramadan Campaign Encourages People to Make a Difference During the ‘Year of ...…

Dubai - UAE, 27 May, 2017: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today launched its 11th annual ‘Make A Difference’ campaign, which encourages the act of giving during the holy month of Ramadan. Majid Al Futtaim’s Ramadan campaign promotes kindness within the community by allowing ......read more

Mall of Qatar Awarded Prestigious International Award for its Outstanding Shopping Experience…

Mall of Qatar was recognized as a world class shopping centre at the 2017 Retail & Leisure International Awards Dubai - UAE, May 25 2017: Qatar’s ultimate destination for shopping dining and family entertainment - Mall of Qatar was awarded International Retail & Leisure Destination by RLI (Retail & Leisure International), at this year’s 12th edition of the prestigious ......read more

Thomsun Play opens the region's first connected, live experience electronics store in Sharjah…

The Group’s largest electronics outlet features a VR zone with live recording studio and free WiFi to sing and go live on social media for customers, in addition to a live cooking demo station.  SHARJAH – May 25, 2017:  Thomsun Group, a leading business conglomerate with operations in the Gulf and Indian subcontinent, has launched the region’s first connected and ......read more

Al Thuriah completes handover of Sahara Tower 4 to owners…

Landmark 33-storey tower with 300 apartments developed at the cost of AED 295 million, completed ahead of schedule One, two, three and four bedroom apartments at strategic location offer world-class amenities at affordable prices Dubai, 24 May 2017:  Al Thuriah Properties, the UAE’s premier property developer that specializes in high-rise residential towers and communities, ......read more

Majid Al Futtaim Celebrates Big Wins at the MENA Green Building Awards 2017…

  Developer of the Year: Majid Al Futtaim Green Hotel of the Year: Hilton Garden Inn Dubai, Mall of the Emirates Al Zahia (Phase Two), My City Centre Al Barsha, and City Centre Mirdif were among shortlisted projects United Arab Emirates, 23 May 2017:  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and ......read more

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

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