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Featured in Real Estate and Retail
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 Global RLI Awards. The ceremony took place on May 10, at the Palazzo Versace Hotel in Dubai, and attracted many key global industry figures in retail and leisure, that celebrated Mall of Qatar’s spectacular offerings. Mall of Qatar was presented with the highly coveted and prestigious Global RLI award during the event for its outstanding new international retail and leisure experience. In the category of RLI International Retail & ......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 live experience electronics store in Sharjah. Mr. Juma Alleem, Director of National Media Council offices in Dubai and Sharjah, inaugurated the outlet in the presence of Thomsun Group Managing Directors Mr. KV Thomas and Mr. VT John.  The Group’s largest electronics store spans over 30,000 sq.ft. across three levels featuring a Virtual Realty Zone with free WiFi and a live recording studio where the customers can sing and go live on ......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, today announced it had completed handover of its 33-storey Sahara 4 Tower in Al Nahda. Freehold owners have begun to occupy the 300 apartments at the tastefully designed and strategically located tower. Developed at the cost of AED 295 million, Sahara Tower 4 consists of spacious and elegantly designed one, two, three and four bedroom units built with top-of-the-range specifications and fittings. Development of the project began in April 2014 ......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 Asia, celebrated big wins at the fifth annual 2017 MENA Green Building Awards. Supported by the WorldGBC, and organised in partnership with the JordanGBC and LebanonGBC; the MENA Green Building Awards 2017 saw two accolades awarded to Majid Al Futtaim.  Majid Al Futtaim was recognized as ‘Developer of the Year’, underpinning the company’s achievements and ongoing commitment to sustainable development and green building ......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 BurJuman Share and Care Campaign.  Starting the first day of Ramadan and running into Eid, shoppers can help by donating clothing via easily accessible donation points.  All collected items will be given to Red Crescent UAE to be distributed to families in need.  “The Holy Month of Ramadan is about embracing the power of giving. The smallest donation can mean the world to someone in need. At BurJuman we believe in 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 grid-control software Ericsson (NASDAQ: ERIC) has been chosen by leading real estate and infrastructure firm Landmark Dividend LLC, the sponsor of Landmark Infrastructure Partners LP (NASDAQ: LMRK), to provide its Zero Site communications platform and communications infrastructure at sites across North America. Ericsson will deploy its Zero Site solution, cloud, core, backhaul and Internet of Things (IoT) software solutions, bringing ......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 category Green Residential Building.  The 2017 MENA Green Building Awards attracted a large number of submissions from many institutions, companies, research centres and students from six countries from the Middle East and North Africa (MENA) region for different categories focusing on sustainability practices. The event was organized by the Emirates Green Building Council (EmiratesGBC), in partnership with the JordanGBC and LebanonGBC, ......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 the World Expo 2020   Al Hamad Group of Companies and Schon Properties to acquire substantial stake in the new property with equity investment to fast-track the development    Dubai, UAE, May 23, 2017:  Schön Properties, one of Dubai’s top private developers, and Dubai Civil Engineering – part of Al Hamad Group of Companies – a leading mega projects construction company in the GCC, held a ......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, Italy, Germany, and India, the Emirate’s top five trading partner countries of construction-related equipment and machinery for the year.  According to figures released by the Dubai Customs today (22 May), Dubai imported AED3.6 billion worth of hardware and tools last year, while exports and re-exports into neighbouring countries were valued at AED1.467 billion.   The USA maintains its position as Dubai’s number one ......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 Beach Hotel, was inaugurated by accompanied by Mr. Meadhad Rashed Meadhad Almheiri – Owner of The Mall, accompanied by Mr. Rashid Meadhad Rashid Meadhad Almheiri - Chairman, and Ms. Nancy Nese Ozbek, General Manager, at a grand opening. The evening event, which was attended by a wealth of VIP guests, included a rousing orchestra performance presented by students from The Music Chamber, one of The Mall’s tenants.   The 80,756 ......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 country has given us the opportunity to set up our steel manufacturing facilities that bring out ‘Made in UAE’ steel products. We are also happy in the support provided by JAFZA and DP World. With massive projects like Dubai Expo 2020, Marsa Al Arab and many others, the demand for steel in the UAE is growing. The UAE is self-sufficient to cater to the annual demand of steel in the UAE, where the local mills are optimistic to deliver ......read more

Global Mega Trends Impacting the Region's Hospitality Sector will be a Focal Point at the Hotelier Summit Middle East

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 provide unrivalled practical knowledge designed to add real value to hotel’s business operations.  The summit is organised by IDE Consulting Services, a global real estate solutions provider. IDE has gone to great lengths to make the summit not only a spectacular show, but also provide real value and insights to the top delegates attending the initiative. PwC Middle East is, alongside IDE, is the ‘Official Knowledge ......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.    Now in the sixth year, the MEED Quality Awards for Projects recognize both the construction element of projects delivery and value and quality of a project throughout its entire life cycle. Green Bridge was given the award for the engineering elements, construction and contribution to the environment, successful execution and completion of project. Green Bridge competed fiercely with companies of national and international stature and ......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 selection of fashion, kidswear, footwear, accessories, cosmetics and home décor, that will have all eyes on you. Be the Perfect Host at your Home this Ramadan The season of Ramadan brings with a time for loved ones to come together as families and friends gather for Iftar and Suhoor. Make your home a setting of style and elegance, with Lifestyle’s collection of Ramadan inspired décor, furnishing and home fragrances. Customized Arabic ......read more

Dubai Land Department Hosts Forum on Second Anniversary of the United Nations Global Compact Network UAE

  - 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 ‘UAE Sustainability Pioneer Award’. Dubai, United Arab Emirates, 15 May 2017: Dubai Land Department (DLD) has hosted a discussion forum on the second anniversary of the United Nations Global Compact Network UAE. The forum took place in the Emirates Towers Hotel, Dubai, and was organised by Dubai Real Estate Institute – the  educational arm of DLD – in collaboration with the UN Global Compact and the local UN Global Compact ......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 media. The 29-storey Bayz tower comprises of 456 apartment units with magnificent views of the iconic Burj Khalifa and other structures such as the Marriott Marquee, the Dubai Canal, among others. Moreover, the property boasts state-of-the-art amenities including swimming pool, a fully-equipped health club and a kid’s play area cum party hall. Commenting on the event, Rizwan Sajan, said, “We are pleased to announce the launch of our ......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 for the first quarter ending 31 March 2017. Amlak reported net profits of AED 7.5 million for the quarter ended March 31 2017. This was the result of decline in intermittent nature of revenue from sale of real estate. Revenue from financing business activities decreased by 20% to AED 47 million in Q1 2017, compared to AED 59 million for the same period last year. This was due to a decrease in the financing portfolio. The drop in revenue ......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 with infrastructure development in the emirate. The manual contains simplified and streamlined procedures which are designed to optimise the speed and ease for entities as they access information relevant to the implementation of infrastructure projects. The update drew on the engagement of more than 10 working committees comprising 125 government and private sector entities in Abu Dhabi that represented all infrastructural sectors. Over the past ......read more

Commenting on the March 2017 MENA Hotel Benchmark Survey Report, Yousef Wahbah, MENA Head of Transaction Real Estate at EY said:

  “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 RevPAR.  Dubai city hotels continue to lead in terms of the highest occupancy in the region, recording 88.6% occupancy in March 2017. However, average daily rates (ADR) in Dubai dropped by 8.4% from US$309 in March 2016 to US$283 in March, coupled by a slight decline in occupancy by 1.5% when compared to the same time last year, leading to a decline from US$272 in March 2016 to US$245 in March 2017.  Hospitality markets in Beirut and Cairo, ......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 in infrastructure and look for ways to diversify its economy. The government’s continuous efforts to boost varied forms of economy has seen the retail scene in the emirate develop, resulting in the growth of the sector,” said Bassam Saleh, Marketing Manager for Bawadi Mall. Bawadi Mall has massive retail space which comprise of dining, entertainment and shopping facilities. “The demand for our retail space just seems to keep ......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 & Steel Company, Qatar Steel in Dubai and Jindal Shadeed Iron & Steel – participated in the ‘Magnet’ session held in the UAE capital. The participants cited very positive sentiments on the current steel market outlook for the rebar production.  Commenting on the meeting, HE Engineer Saeed Ghumran Al Remeithi, CEO of Emirates Steel Industry, a part of the UAE’s largest industrial conglomerate SENAAT in Abu Dhabi, said ......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 relation to the year ended 31st December 2016 of USD 11.98 million or USD 0.04 per ordinary share. To be entitled to receive the dividend, shareholders must be on the register as at market close on 8 June 2017. The proposed final dividend will be subject to shareholder approval at the REIT’s Annual General Meeting on 14 June 2017. Based on the REIT’s closing share price of USD 1.055 on Monday, 8 May 2017, this represents an ......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 months of January to March 2017. The reported Q1 2017 results reveal a 61 per cent increase in revenues when compared to the same period in 2016 – up from AED71,581,000 in 2016 to AED115,538,000 this year. Similarly, profits over the corresponding three-month period increased to AED39,878,000 from AED18,537,000 in 2016. To date, RAK Properties’ total assets are valued at AED 5.06 billion as of March 31, 2017, an increase on the AED 4.99 ......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, Middle East’s largest fashion retailer, conducted a survey last year that showed over 48% of respondents claimed that they do not get sufficient time with their family. This year the brand surveyed over 500 people across the region and found that close to 40% state that they’ve missed out on a special occasion due to work obligations.  Research has shown that close bonds to family and having a strong emotional support system have ......read more

Dubai International Financial Centre Drives Institutional Real Estate Investment Through Memorandum of Understanding with Dubai Land Department

•    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 (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to allow entities based in the Centre to purchase and register properties with the DLD.  The strategic agreement, signed by H.E. Essa Kazim, Governor of DIFC, and H.E. Sultan Butti Bin Mejren, Director General of the Dubai Land Department, will simplify the land owner ......read more

Other Top Stories from Real Estate and Retail
 
BRISTOL VMD partners with Bronto Skylift to establish first UAE-based service center…

BRISTOL announces exclusive partnership with Bronto Skylift at Intersec 2017 with the presence of His Highness Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum. Agreement will see BRISTOL establish the Middle East’s first authorized service and after sales center for Bronto’s aerial work platforms used in firefighting and utilities.  Bronto client list includes Ministry ......read more

Masdar Institute Partners with Abu Dhabi Sewerage Services Company to Build Human Capital and ...…

Collaboration to Contribute to Advanced Research Needed to Develop and Manage Sustainable and Safe Tunneling Projects in Abu Dhabi Abu Dhabi-UAE: 22 January, 2017:  The Masdar Institute of Science and Technology, an independent, research-driven, graduate-level university focused on advanced energy and sustainable technologies, and the Abu Dhabi Sewerage Services Company (ADSSC), have ......read more

Current Supply Volume of holiday homes in Dubai touches 4,200 units…

Seen as affordable option of frequent tourists to the Emirate: Influx of tourist fuels the real estate business in Dubai says International Property Show organizers  Dubai, UAE, 22 January 2017:  The real estate sector in Dubai is holding steady and gaining maturity and sustainability as it has registered promising results the last year 2016. Indeed, Dubai Land Department (DLD) ......read more

LABTEC wins AED 11 million contracts to supply lab furniture & fire-rated doors in UAE, Eritrea…

Dubai, January 21, 2017:  LABTEC LLC, a leading player in design, manufacturing, installation and commissioning of laboratory furniture and a part of Masharie LLC – a subsidiary of Dubai Investments PJSC, has won projects worth AED 11 million in the UAE and Eritrea to supply and installation of laboratory furniture and fire-rated doors. The new projects won by LABTEC include an AED ......read more

Abu Dhabi to host Region's Biggest Retail Design and Technology Expo…

Smart Stores Expo 2017 will showcase top-notch solutions from world leading companies Abu Dhabi, United Arab Emirates: Smart Stores Expo 2017, the first of its kind event focusing on the latest trends in retail design, technology, and services is taking place at the Abu Dhabi National Exhibition Centre from January 23 – 25.  The show caters to all aspects of the retail industry in ......read more

Danube Group: Building materials' price escalation could push up property prices in 2017…

Dubai, UAE, January 18, 2017:   An increase in building materials price could push up the prices of apartments, villas and office space, if not contained in the next few months. However, the effects of the price increase could be felt by the consumers only when materials suppliers, sub-contractors, contractors and developers factor in the increases in their future pricing of material ......read more

Shopping is just the beginning at The Dubai Mall this DSF…

Dubai, UAE, January 16, 2017:  The Dubai Mall is celebrating Dubai Shopping Festival (DSF) with a host of entertainment for shoppers and visitors to enjoy. Following the festive-fun from the first half of the festival, there’s plenty more in store from now until the festival wraps up on January 28.  Roaming performers will delight mall-goers with Piano Ballet, Frozen Stilts, ......read more

Gulf Craft Announces Partnership with Germany-based Yacht Dealer, Drettmann…

Emirates-based Shipyard Continues to Bolster International Presence Dubai, UAE – 16 January 2017: Gulf Craft has announced its partnership with Germany-based Drettmann, a globally recognized dealer of luxury yachts, for the shipyard’s sales in the European continent and Russia. The move is part of Gulf Craft’s continued focus on international expansion, with this new ......read more

La Quinta at Villanova, introduces large villas to Dubai, fulfilling the market need for ...…

Dubai Properties’ Villanova phase two launch, on the 21st of January, will cater to families looking for spacious villas in an elegant and vibrant neighbourhood in DUBAILAND Luxurious 3 , 4, 5 and 5+ bedroom villas to  offer families settling in Dubai wide choice of larger homes  Dubai, UAE, January 16, 2017:  Dubai Properties (DP), a leading Dubai-based real estate ......read more

Mahboob Is Back At Dalma Mall This Winter…

Event: Dalma Mall Winter Activities   Location: Dalma Mall Date: 12, 13 &14 January 2017 Time: 10:00 am to 10:00 pm Dalma Mall’s Winter Season will witness the return of our beloved Mahboob the Clown! During the weekends, on every Thursday, Friday and Saturday, Mahboob the Clown will roam the mall and present our beloved children with exciting gifts and play ......read more

ADFD's AED320 Million Allocation to Amman Development Road Ensures Advancements in Infrastructure…

His Excellency Mohammed Saif Al Suwaidi: New road network to encourage urbanization Abu Dhabi-UAE: 12 January, 2017:  His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the official opening of the Amman Development Road. The road network connects the capital with the surrounding cities, easing the movement of passengers and ......read more

His Majesty King Abdullah II of Jordan Unveils ADFD's AED103 Million Kufranjah Dam Project…

His Excellency Mohammed Saif Al Suwaidi confirms tailored approach to match government of Jordan economic expansion strategy Abu Dhabi-UAE: 11 January, 2017:  Abu Dhabi Fund for Development (ADFD) attended the official opening of the Kufranjah Dam – a development project funded by the UAE government and managed by ADFD in the Kingdom of Jordan.  Located north of ......read more

Al Habtoor Group and One Broker Group Host ‘Real Estate Brokers Night' to Showcase Al Habtoor City ...…

Event attended by more than 300 brokers  12 January, 2017, Dubai:  Al Habtoor Group and One Broker Group (OBG), the exclusive sales and marketing agent for Al Habtoor City’s Residence Collection, organized a Real Estate Brokers Night on Tuesday, 10  January 2017 at The St. Regis Dubai, Al Habtoor City, where more than 300 people were in attendance.  Al Habtoor ......read more

H.E. Sheikh Mohammed bin Faisal Al Qassimi with Mr Faisal Al Nuaimi Inaugurates 'The Ajman Palace ...…

The Ajman Palace Hotel Wedding Fair, organized in association with The Ajman Tourism Development Department (ATDD) was inaugurated today by H.E. Sheikh Mohammed bin Faisal Al Qassimi, Chairman & CE, MANAFA LLC, and Vice Chairman, HMH – Hospitality Management Holdings and Mr. Faisal Al Nuaimi, General Manager of ATDD, in the presence of H.E. Dr Shaikha Hind bint Abul Aziz Al Qassimi, ......read more

Dubai South Signs Strategic Agreement with Dubai Land Department…

Dubai-UAE: 11 January, 2017:  Dubai South signed strategic Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) regarding the registration of freehold plots and properties by investors at Dubai South. The agreement was signed by His Excellency Sultan Butti Bin Mejren, Director General of Dubai Land Department and His Excellency Khalifa Al Zaffin, Executive Chairman, Dubai ......read more

HMH Appoints a New COO…

Hospitality Management Holding (HMH) has announced today the appointment of Ferghal Purcell as its Chief Operating Officer (COO). Purcell, the former Complex General Manager for both The Ajman Palace Hotel and The Coral Beach Resort Sharjah, has over 30 years of regional and international experience in the hospitality industry. H.E. Sheikh Mohammed Bin Faisal Al Qassimi, Chairman & CE, ......read more

New Indian Ambassador visits Conares plant in JAFZA, Dubai…

Dubai, UAE, January 5, 2017:  His Excellency Navdeep Singh Suri, the new Ambassador of India to the UAE, visited the headquarters and facilities of Conares, the second largest steel manufacturer in the Emirates, in Jebel Ali Free Zone (JAFZA) recently. The Indian Ambassador was received by Mr. Bharat Bhatia, CEO of Conares. “We are honoured to welcome Ambassador Navdeep Suri in our ......read more

Carillion Joint Venture awarded AED725 million contract for Phase 1A6 of the One Central ...…

Dubai, UAE, January 4, 2017:  Dubai World Trade Centre has awarded Al Futtaim Carillion (AFC) the contract to deliver Phase 1A6 of One Central, a major integrated Real Estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city’s Central Business District.  This latest phase of One Central has ......read more

Gulf chemicals industry is 2nd largest within manufacturing sector, creating over 500,000 jobs and ...…

UAE had 13.7m tons/year of petrochemical capacity respectively in 2016, according to GPCA Dubai, UAE, 3rd January 2017:  Organizers of the 13th ArabPlast 2017 have said that the chemicals industry of the GCC is the region’s second largest within the manufacturing sector, creating over 500,000 direct and indirect jobs and $108 billion worth of products in 2015. These figures were ......read more

Emaar Hospitality Group is world's first hotel chain to win ISO 28000: 2007 certification for its ...…

Dubai, UAE; January 3, 2017:  Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, is now the world’s first hotel chain to secure the ISO 28000: 2007 certification from British Standards Institute (BSI) for its Security Management System.  Following an intense review of the security supply chain management system, BSI awarded the prestigious ......read more

Biggest Private Sector Entities Gear Up to Play Crucial Role in Dubai Shopping Festival 2017…

Dubai, UAE - 29 December 2016:  The Dubai Festivals and Retail Establishment (DFRE), an agency of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has lauded the solid partnership between the government and private sectors, describing it as a unique role model of public-private collaboration that works collectively with a single-minded purpose to achieve the ......read more

Al Wahda Mall spreads festive cheer in the mall and beyond…

Abu Dhabi, United Arab Emirates, December 19, 2016:  Al Wahda Mall, an Iconic landmark & favorite shopping destination located in the heart of Abu Dhabi city, is activating new and unique activations at its premises to spread good cheer and convey the season’s greetings this Festive season. Activated from the 18th of December, Mall visitors will be encouraged to make greeting cards ......read more

INTERSEC DUBAI: French expertise supports the protection of individuals and strategic ...…

United Arab Emirates December 28th  2016:  On January 22-24, 2017 in Dubai, United Arab Emirates, Business France will be running the French Pavilion at INTERSEC Dubai, a trade fair devoted to security, safety and fire protection. Organized and sponsored by the UAE Interior Ministry, the fair has forged a reputation over the last 18 years as one of the security industry's leading ......read more

UK's largest health food retailer ‘Holland & Barrett' opens at Town Square in Al Forsan Village…

Town Square aims to be one of the vibrant retail destination in the capital Abu Dhabi, UAE, December 28th, 2016: UK’s famous vitamin and supplement store – Holland & Barrett has opened retail operations at the ‘Town Square’, the vibrant retail destination within Al Forsan Village. The Town Square will now be home to several ‘community focussed’ brands. ......read more

Dubai Properties opens Shorooq Community Centre in Mirdif…

Residents of Shorooq Community in Mirdif now have access to major retail brands within their community Dubai, UAE, 28 December 2016 – Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, celebrated the opening of a new centre anticipated to bring different experiences and opportunities to the elegant and upmarket Shorooq Community in Mirdif. The ......read more

Air Miles Millionaire Winners Announced by Modell's Sporting Goods…

Dubai, United Arab Emirates, 26 December 2016:  Marka PJSC (DFM: MARKA), the first public joint stock retail operator in the UAE, has revealed the winners of the Modell’s Air Miles Millionaire competition that was held recently. From among 971 individual entrants and including a radio and a print competition, a grand prize of 1 million Air Miles was awarded at Modell’s in Mall of ......read more

Bollywood Parks Dubai equipped with industrial and life safety solutions by BMTS…

Dubai, UAE, December 26, 2016:   Bahri & Mazroei Technical Systems (BMTS), the leading provider of solutions to building, industrial automation and infra-development segments in the UAE, has completed one of its largest project in industrial solutions for the recently opened Bollywood Parks, a Dubai Parks & Resorts projects. BMTS provided industrial and life safety solutions to the ......read more

The Saudi TASNEE is Platinum Sponsor of ArabPlast 2017 in Dubai…

KSA’s petrochemical sector is largest non-oil sector, with investment estimated at USD 63.5–150 billion expected in 2020 alone, according to the Saudi Arabia industrial overview report published by Jeddah Chamber Dubai, UAE, Riyad, Saudi Arabia, 22 December 2016: Tasnee, the leading industrial company in Saudi Arabia, is the platinum sponsor of ArabPlast Show to be held from 8th to ......read more

Ahmed bin Saeed Al Maktoum Inaugurates Regions Largest Manufacturing Plant by Unilever at Dubai ...…

100 per cent of goods to be marked ‘Made in UAE’ of which 80 per cent to be exported Ahmed bin Saeed: Such projects are in line with UAE Vision 2021 Ahmed bin Saeed: The UAE is stepping up its efforts to boost the industrial sector and make it a valuable contributor to the national economy, turning the ‘Made in UAE’ label into a true mark of quality and global ......read more

UAE retailers must build sustainable customer analytics capabilities to stay competitive: Booz ...…

Digital commerce and predictive customer analytics are converting economic pressures into opportunities for the retail sector Booz Allen Hamilton outlines an actionable strategy for retailers to enhance customer experience in an evolving market Dubai, UAE, December 22, 2016:  Booz Allen Hamilton, the global consulting and technology firm, has found that investing in customer ......read more

Commenting on the November 2016 GCC Key Performance Highlights, Yousef Wahbah, MENA Head of ...…

“Dubai’s hospitality market was the top MENA performer in November 2016, representing the highest occupancy at 89.5% and highest revenue per average room (RevPAR) of USD 250. Compared to last year, Dubai witnessed a positive increase in occupancy from 84.8% in November 2015 to 89.5% in November 2016, which could be ascribed to the Big 5 exhibition (the largest construction exhibition ......read more

UAE Government Stakes Global Leadership in Securing Smart Cities…

RSA: Next Five Years Vital to Protect Critical National Infrastructure Dubai, UAE, December 21, 2016:  The UAE is staking its global leadership in securing Smart City services and protecting critical national infrastructure. In the interconnected Internet of Things era, the UAE is one of the world’s best-prepared countries in cybersecurity, ranking 17 out of 105 countries by the ......read more

Emaar signs agreement with Al Marjan Island in Ras AlKhaimah to build 2 million sq ft mixed-use ...…

Overlooking the Arabian Sea, the project is the first venture by Emaar in the Emirate  Emaar to pilot a five-star luxury hotel & serviced residences, and a world-class retail precinct  Agreement will drive the vision of Ras Al Khaimah to boost tourism arrivals to the Emirate  Ras Al Khaimah, UAE; December 21, 2016:  Emaar Properties PJSC has signed an agreement ......read more

Fidenza Village is Bigger, Renewed and Transformed: Shopping becomes an exclusive experience that ...…

TRUE TO ITS COMMITMENT TO CONSTANT INNOVATION, THE VILLAGE, ONE OF THE 11 VILLAGES IN EUROPE AND CHINA BY VALUE RETAIL, IS THE ITALIAN PRECURSOR OF A NEW APPROACH TO RETAIL: A PLACE WHERE HOSPITALITY MAKES THE SHOPPING EXPERIENCE MEMORABLE Dubai, UAE, December 20, 2016:   Fidenza Village is pioneering innovation with its expansion. One of the 11 Villages created and operated by Value ......read more

New aswaaq Mart Open in Hatta…

Supporting new directive from His Highness Sheikh Mohammad Bin Rashid Al Maktoum which aims to enhance Hatta’s economic and social capabilities Developing a 60,000sqft community mall, which will be ready 2018. Dubai, UAE, December 18, 2016:   aswaaq has announced the launch of a new aswaaq Mart in Hatta. The store is part of the new ‘Marts’ concept from the ......read more

Dubai Marina Mall gives you the chance to win with ‘Mall of Fortune'…

Dubai, UAE, December 18, 2016:  Dubai Marina Mall is getting into the festive spirit of giving with ‘Mall of Fortune’ throughout the month of December! An exciting spend-and-win game, ‘Mall or Fortune’ gives players a chance to win a host of fabulous prizes, from Reel Cinemas movie vouchers, to dining vouchers.  Simply by visiting Dubai Marina Mall and ......read more

The Dubai Mall – your one-stop-shop for festive fun…

Dubai, UAE, December 17, 2016:  December is upon us and that means winter-break, gift-hunting and family-time are here! The best place to find everything you need is The Dubai Mall! Here’s some of the best bits, to keep families, relatives, out-of-town guests entertained this festive season, with doors open until 1am Thursday-Sunday.  Shop  As the world’s largest ......read more

MAG Property Development Partners with Delos™ to Introduce New Wellness Single Family Homes in the ...…

Dubai, UAE, December 15, 2016:   MAG Property Development (MAG PD), the real estate development arm of MAG Group, today announced a partnership with pioneering wellness real estate and technology firm Delos™,  to introduce to the UAE wellness inspired homes over the next five years. The first project to be carried out by the partnership will be the residences at “MAG of Life ......read more

Dubai Property Show concludes in Mumbai with an overwhelming response from Indian investors…

Attracts 4094 visitors over a period of 3 days with serious investors keen on investing in the emirate Mumbai, India, December 14, 2016:  The second edition of the premium real-estate exhibition, Dubai Property Show, concluded successfully at Bandra Kurla Complex in Mumbai with a phenomenal response from serious property buyers and investors from India. Reputed property developers and ......read more

Investors and residents set to benefit from new legal measures for enforcing wills in Ras Al Khaimah…

Dubai, UAE, December 13, 2016:  For the first time ever, eligible investors and residents in Ras Al Khaimah can enforce their personal wills in accordance with their wishes, protecting their assets and their families as they see fit.  New agreements by Ras Al Khaimah and the Dubai’s DIFC Dispute Resolution Authority (DRA), allow for direct enforcement of DIFC Courts probate ......read more

Majid Al Futtaim Cinemas to receive CinemaCon 2017 Global Achievement in Exhibition Award…

CEO Cameron Mitchell Recognized for Leading VOX Cinemas to Become Largest Cinema Brand  Dubai, UAE, December 13th 2016 – Majid Al Futtaim Cinemas, owner of the VOX Cinemas brand of cinemas in the Middle East, will receive the “Global Achievement Award in Exhibition,” it was announced today by Mitch Neuhauser, Managing Director of CinemaCon. CinemaCon, the official ......read more

Spread the Joy with Special Festive Celebrations at The Mall at Worlds Trade Center Abu Dhabi…

Lighting the Christmas Tree’ ceremony  on 16 December Santa’s Grotto from 17-24 December An incredible performances of children’s favourite “Cinderella on Ice” from 23-25 December Abu Dhabi, 13 December 2016:  The Mall at World Trade Center Abu Dhabi (The Mall at WTCAD), the modern shopping destination located at the heart of Abu Dhabi, is ......read more

Experience a Winter Like No Other at Dalma Mall…

Outstanding Offers and Weekly Draws to Warm Everyone’s Heart! Campaign: Dalma Winter Season – All About Sharing Date: 11 December 2016 to 21 January 2017 Embrace the Winter Season and visit Dalma Mall from 11 December 2016 to 21 January 2017. We are offering everyone a winning chance! When you shop for AED 200, you will enter the Winter Weekly Draw going up to a total of ......read more

Loyyal signs with Dubai Holding to bring the future forward faster through the Dubai Future ...…

Leading universal loyalty platform to revolutionize commercial loyalty and Government incentivisation through its blockchain capabilities In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE, Prime Minister of UAE and Ruler of Dubai, to bring an innovative future forward to become a reality Dubai, UAE, December 13, 2016:   Loyyal, ......read more

Indian Property Show Opens in Dubai…

The 19th edition of realty exhibition expecting to attract thousands of NRIs over the 3-day expo Investor confidence gets boost due to demonetisation, home loan rates to be down to 7-8%; RERA, GST and REIT to further improve transparency and bring healthier, sustainable growth Top developers across India meet for exclusive face-to-face interaction. Properties boast features such as ......read more

Yas Mall Brings “Festive Fantasia” This December for all the family…

Abu Dhabi, 07 December 2016:  Full of festive cheer this December as Yas Mall will be transformed into a Festive Fantasia, complete with magical performances and live entertainment to bring fun and laughter for families and friends.  To get everyone into the festive spirit, Yas Mall will be decorated with bright coloured lights, shimmering Palm Trees and cheerful decorations in the ......read more

Voting for Superbrands 2017 has commenced…

Dubai, UAE, December 7, 2016: Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2017 has commenced. Superbrands is by invitation only, and the brands which have been successfully graded or voted through independent research and the stringent Superbrands Council ......read more

‘Family Entertainment Centres' to thrive along with theme parks in UAE: IEC…

Dubai Expo 2020, is expected to bring 25 million visitors who will visit theme parks and FECs in the UAE Dubai, UAE, December 6th, 2016: Although theme parks have a pull-factor for their leisure attractions owing to their creativity quotient, Family Entertainment Centres (FECs) will co-exist and flourish along the same lines as per International Expo Consults, the organisers of the DEAL 2017 ......read more

fischer fixing systems continue to grow in the United Arab Emirates…

Dubai, UAE, December 6, 2016:  fischer unveiled their yearly calendar for 2017 with a heart whelming concept using exceptional artworks from the brilliant students of Al Noor Training Centre for Children With Special Needs, BPS Academy, Al Khaleej National School and Senses Residential Care Home. The event was held in fischer new office and warehouse at JAFZA headed by Mr. Alex Bassler ......read more

Big Dubai Developers Heading to Mumbai for Dubai Property Show…

Emaar, Dubai Properties, Nakheel, Damac and Deyaar among the real-estate players who will be showcasing at the second edition of the property exhibition in India.  Exhibition to be inaugurated by H.E. Dr. Ahmed Al Banna, UAE Ambassador to India. Dubai, UAE, December 6, 2016:   Dubai property giants are all set to head towards Mumbai, India, for the second edition of Dubai ......read more

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