Dubai PR Network, Online Press Release from Dubai and Middle East
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
 
Centrepoint Extends Its Offering With the Launch of Eyeworks…

Dubai, 5th December, 2016:  Centrepoint, the region’s largest fashion retailer, is renowned for the breadth of its fashion and cosmetics product range. The popular retailer caters to the mid-market segment across the Middle East and houses homegrown concepts, Babyshop, Splash, Shoe Mart and Lifestyle, under its umbrella. Centrepoint has now announced the introduction of a sunglass ......read more

Danube Properties Signs MoU With Bank of Baroda for Home Financing of Dreamz…

Dubai, 4, December, 2016:  Danube Properties, UAE’s leading property developer, entered a Memorandum of Understanding with the Bank of Baroda today with an aim to provide home loan for customers of the Dreamz By Danube project against their property purchase. The agreement was signed by Mr Rizwan Sajan, Founder & Chairman of Danube Group and Mr. Suhas D. Sontakke, Dy. General ......read more

Indian Property Show returns to mark its 19th successful edition in Dubai…

The realty exhibition will be hosting exclusive seminar on Demonetization; will discuss effects on Indian real-estate in detail The 3-day exhibition will be held at Hall 2, Dubai World Trade Centre, from December 8-10, 2016 Dubai, UAE, December 4, 2016:  The much-awaited Indian Property Show, showcasing a diverse and comprehensive line-up of properties, is once again geared up to mark ......read more

“Albaddad Capital” signs expansion agreement with National Industries Park ” with storage capacity ...…

Dubai 4 December 2016:  Albaddad Capital, the leading economic group specialized in providing modern external solutions, temporary buildings and relief units, has announced a large expansion in its factories, which located in the national industries Park , and extends to 500.000 square feet. Dr. Fateen Al Baddad. Chairman, Albaddad Capital has signed the agreement with National Industries ......read more

ADNOC Distribution Launches ‘Oasis of Surprises' Promotional Campaign…

Marks The Opening of 200th ADNOC Oasis Store in UAE Prizes Worth AED1 Million Up for Grabs Abu Dhabi-UAE: 03 December, 2016:  ADNOC Distribution has rolled out a promotional campaign titled ‘Oasis of Surprises’, giving away prizes worth a total of AED1 million to customers of ADNOC Oasis convenience stores and ADNOC Oasis 365 grocery stores.  Running from 03 ......read more

Dubai's National Day Super Sale Adds to Festive Cheer With Amazing 30- 90 % Off From Top Brands…

Citywide Sale from 1- 3 Dec at malls and retail outlets covers diverse range of merchandise Retail event to reward shoppers during National Day celebrations Dubai, UAE, 30 November 2016:  Dubai’s first National Day Super Sale kicks off on Thursday, 1 December, with the new retail initiative promising to offer a memorable and rewarding shopping experience to residents and ......read more

aswaaq to develop inspiring community hubs in the heart of Dubai's newest neighborhoods…

Two new retail developments announced for growing residential areas of Nad Al Sheba and Al Quoz 2 Traditional design elements combined with contemporary touches for a unique customer experience As part of aswaaq’s dedication to nurturing SMEs, at least 20% of leasing opportunities offered to Dubai SME members Dubai, UAE, November 30, 2016 aswaaq has announced plans for two ......read more

TRYANO: UAE National Day Weekend Activities…

TRYANO celebrates The UAE's National Day Join us for a weekend of celebrations & Festivities. Date: Thursday, December 1st to Saturday December 3rd Time: 4:00 pm - 9:00 pm Location: Tryano first floor, Yas Mall Brief UAE National Day Weekend Children's Activities In celebration of the UAE's 45th National Day, TRYANO will feature a variety of activities to keep all our ......read more

The Mall at World Trade Center Abu Dhabi plugs in the Spirit of the Union among its visitors…

Abu Dhabi, November 29, 2016:   The Mall at World Trade Center Abu Dhabi, the modern shopping destination located at the heart of Abu Dhabi, is gearing up to celebrate the 45th UAE National Day in a creative way this year, yet with great enthusiasm and a truly patriotic spirit. The Mall is inviting all its visitors from 1st to 3rd December, to participate in an interactive, tech-fused ......read more

Links Group: Strengthening of UAE's legal infrastructure will attract more foreign investors…

Dubai, UAE, 29 November 2016:  The continued strengthening of the UAE’s legal infrastructure will bring more foreign investment to the region, according to Links Group, one of the UAE’s leading providers of commercial facilitation and advisory services. “Much effort has been placed by the country’s leadership to create a competitive and prosperous economy with a ......read more

UAE NRIs Appetite for premium homes in India increasing…

62% hike in interest in the category, reveals Indian Property Survey by Sumansa Exhibitions Mumbai, Chennai, Bengaluru, Pune, Hyderabad grab the spot for top 5 preferred cities for investments by expat Indians 28th November 2016; Dubai, UAE:  In a survey conducted amongst 15,000 expatriate Indians in UAE by Sumansa Exhibitions, the organizers of the upcoming Indian Property Show, it was ......read more

Dubai Set to Further Cement “Global Shopping Destination Status” With New Annual Retail Calendar…

Comprehensive retail sector strategy developed to sustainably grow Dubai’s global competitiveness as a retail destination for tourists, increase retail spend and drive incremental GDP impact DFRE’s launch of annual Retail Calendar in collaboration with DED and key private sector stakeholders, foundational outcome of the strategy Dubai, UAE: 28 November 2016: ......read more

Yas Mall celebrates UAE's 45th National Day with exciting activities and a first indoor walkathon ...…

Abu Dhabi, 27 November 2016:  In celebration of the UAE’s 45th National Day, Yas Mall, will be offering its visitors ten days of wonder and excitement through a stellar lineup of activities for locals and tourists from across the region. A unique array of activities will be hosted from December 1st-3rd, including a collection of vintage photographs of the UAE’s rulers, as well ......read more

Average rents in Sharjah still 38% cheaper than 2008 says Asteco report…

Northern Emirates property market stable Minimal relocations between Dubai and the Northern Emirates Demand for office space remains stagnant Dubai, UAE, November 27, 2016:  Average rents in Sharjah are still 38% cheaper than in 2008, as additional supply keeps rates from increasing rapidly, according to the UAE Property Review Q3 2016 report from leading real estate consultancy ......read more

Al-Futtaim Engineering and Technologies appoints CEO…

Dubai, November 27, 2016:  Al-Futtaim has announced the appointment of Dr. Hayan Sayed as Chief Executive Officer of Al-Futtaim Engineering and Technologies.  Part of Al-Futtaim Group Real Estate, Al-Futtaim Engineering is a multi-disciplinary engineering organisation operating across UAE, Qatar and Saudi Arabia with over 30 years of successful operations. Al-Futtaim Technologies is ......read more

ARRA to host ‘Ajman Rea l Estate Conference 1' on December 14…

Real Estate Regulatory Agency – Ajman [ARRA], the state-run institution mandated with regulating the real estate activities and developments in Ajman, today held a press briefing to announce the upcoming “Ajman Real Estate Conference 1” scheduled for December 14 (2016), that will showcase the real estate project pipeline in the Emirate and its envisioned future. To be held ......read more

Carole Samaha Meets Her Fans at TRYANO…

Dubai, UAE, November 24, 2016:  Lebanese  music superstar and world music award Carole Samaha was in Abu Dhabi yesterday at TRYANO and meet the  lucky  TRYANO’s  competition winners while celebrating TRYANO’s this year’s campaign “it’s All You- Let’s Celebrate!” Fans turned out in force to catch a glimpse of the global icon with ......read more

DC Pro Engineering urges construction industry gathered at The Big 5 to consider sustainable future ...…

“Industry need to back more sustainable solution for Dubai’s District Cooling needs,” DC Pro Engineering CEO Dubai, UAE - 24 November 2016:  DC Pro Engineering UAE, a leading authority in the field of District Energy in the world and renowned sustainability leader in the field of Green Building MEP Designs in the region, has returned to the region’s largest ......read more

Dubai Outlet Mall to turn into a big canvas for UAE artists with “Happiness With No Boundaries” art ...…

Dubai, UAE, November 23, 2016:   To commemorate the 45th UAE National Day celebrations of 2016 and in line with the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to create conditions that are conducive for happiness of individuals, families and employees, and to promote positivity as a core ......read more

Survey highlights 80% of UAE shoppers prefer ‘hidden gems' closer to home…

UAE consumers on the look out for hassle free, convenient shopping experiences away from crowds and busy malls, Dubai Properties survey reveals  Dubai, UAE, November 23, 2016:   Despite the abundance of air conditioned malls and plush shopping centers, consumers in the UAE are increasingly preferring to stay closer to home for family related activities such as dining out and daily ......read more

Cityland Mall signs up Carrefour as hypermarket operator…

Dubai, UAE, November 23, 2016:   Hypermarket and supermarket chain Carrefour, operated by Majid Al Futtaim, will open a 100,000 square foot hypermarket in the new nature-inspired Cityland Mall, which is scheduled for launch in the second quarter of 2018.  The hypermarket, which is set to be the largest in the Dubailand area, will cater to the growing residential communities ......read more

Consultancy Linesight Targets 15 Percent Growth in Middle East With Launch of New Services…

Firm says consultancy landscape ‘changing’ as clients look to consolidate operations   Dubai, UAE, November 23, 2016:   Construction consultancy Linesight (formerly known as Bruce Shaw) is targeting 15 percent growth in the Middle East and North Africa over the next 5 years, with the launch of a set of new services aimed at helping the industry consolidate costs and ......read more

SOUQ.com Announces the Best Deals for WHITE FRIDAY 2016…

The Biggest Online Sale in the Middle East begins tomorrow: 23rd to 26th November Dubai, UAE, November 22, 2016:   The most awaited White Friday 2016, the biggest online sale in the Middle East by SOUQ.com starts tomorrow across the GCC and Egypt. SOUQ.com, the largest online and marketplace retailer in the region is offering incredible White Friday deals that will go live from the   ......read more

‘Made in UAE' steel products are more reliable to address local requirements, says Conares CEO…

HE Abdullah Al Saleh, Undersecretary of the UAE Ministry of Economy, visited the Conares stand (No. A111) in Zabeel Hall at the ongoing at Big 5 exhibition in Dubai World Trade Centre.  The Dubai-headquartered company supplies 80,000 MT steel to four key infrastructure-development projects in the UAE in recent months.   Dubai, UAE, November 22, 2016:   Steel manufacturing ......read more

Danube Group Showcases New Range of Products at The Big 5…

Dubai, UAE, November 22, 2016:   Danube Group, the UAE-based multi-conglomerate, has announced its participation at this year’s Big 5 show, which will be held at Dubai’s World Trade Center from the 21st of November to the 24th of November 2016. Located in Hall 4 at stands B-191 and C-191, Danube, will showcase a range of new products from their brand Milano. This year, Danube ......read more

Aleris innovative aluminum solutions to take the center stage at Big 5 exhibition…

Aleris, a global aluminum rolled products producer serving diverse industries, has announced that it will showcase its innovative aluminum solutions customized for architectural applications at the Big 5 exhibition, the largest construction event in Middle East, to be held in Dubai World Trade Center between November 21 and 24, 2016. During the exhibition, Aleris will demonstrate its solutions ......read more

Ministry of Tourism signs development agreement with the Chairman of Orascom Development Holding AG ...…

Dubai, UAE, November 21, 2016:   His Excellency Ahmed bin Nasser Al Mahrizi, Minister of Tourism, signed an agreement today with Eng. Samih Sawaris, Chairman of Orascom Development Holding AG, Muriya’s largest shareholder, to develop City Walk, a vibrant beachfront commercial city complex. Set to be located in North Al Hail, the development comes as part of the continued collaboration ......read more

Learn to De-clutter at free seminars during the Indian Property Show…

Popular Vaastu & Feng Shui expert Dr. Padmaja to provide free consultation and conduct interactive seminars from 8-10th Dec. Dubai, UAE, November 21, 2016:   By simply making a few changes at home, one can definitely live peacefully and with more happiness, says Dr. Padmaja, a well-known Vaastu and Feng Shui expert.  She will be conducting free seminars on Vaastu & ......read more

Kazema Portable Toilets- ISO certified company to Showcase the latest Eco Toilets in the Big 5 Expo ...…

Dubai World Trade Centre, Dubai, United Arab Emirates., November 20, 2016 -Kazema portable toilets- The UAE based seller of portable sanitation products has recently been granted ISO 9001:2015 certification. The company is well known for its distribution of portable toilets in Middle East, India and the African region. Kazema is also the official distributor of the high end Portable Toilets ......read more

Celebrate The UAE National Day at Dalma Mall…

Visit the Emirati Traditional Village at Dalma Mall to Celebrate the 45th UAE National Day! You can indulge in the Emirati spirit of the Union through various activities dedicated to this joyful day. Here are some of the activities that you can enjoy at Dalma Mall: Take memorable pictures at the Emirati Tent and accessorize yourself with traditional clothes and artifacts Taste the ......read more

Abu Dhabi Fund for Development Inks Concessionary Loan Agreement of AED147 Million to Bolster ...…

200-Km Long, 320-Km/Hr High-speed Train to Get Operational in 2018, Connecting Tangier and Kenitra Cities  His Excellency Mohammed Saif Al Suwaidi Underlines Fund’s Commitment to Ensuring Substantial Economic Measures to Beneficiary Nations Abu Dhabi-UAE: 20 November, 2016:  Abu Dhabi Fund for Development (ADFD) signed a concessionary loan agreement to the tune of AED147 ......read more

TRYANO Kicks Off the Festive Season With Carole Samaha…

The Lebanese superstar is the store’s first artist performance  Abu Dhabi, November 20, 2016:  TRYANO, the UAE’s very own specialty premium department store will be hosting the Lebanese superstar Carole Samaha for a live performance on November 23rd. Fans will get a special treat as Samaha kicks off the department store’s holiday festivities with a selection of ......read more

USG Boral ME unveils major expansion at The Big 5…

Corresponding to the growth of GCC interior contracting market by 25.6% this year KSA market share of 43% & value of USD 52.5 Billion,  UAE market share of 31% & value of USD 37.2 Billion,  Qatar projects worth of USD 22.7 Billions during 2016 Dubai – November 20, 2016:  USGBORAL ME, the renowned manufacturer of interior finishing products, has begun ......read more

Building and Construction Sector in Jafza Registers 14% Growth…

Free zone to support key customers and exhibit service offering at The Big 5 Dubai construction event Dubai, United Arab Emirates, November 20, 2016:  The building and construction sector in Dubai’s Jebel Ali Free Zone (Jafza), A DP World Company and the UAE’s flagship trade and logistics hub, posted 14% growth in the number of registered companies, from June 2015 to June ......read more

RMD Board targets quantum jump turnover of AED3 billion by 2020…

Current turnover is AED260 million Shifting from B2B to B2C next month Dubai plant making 1000 types of panels Plants planned in six countries including India and China Rising demand for fire-retardant wall panels Bollywood stars as Brand Ambassadors for two years  Anupam Lunawat: Focus on products boasting natural looks  Dubai, November 20, 2016:  Keeping in mind the ......read more

New fun activities at dalma mall kids corner…

Event: Dalma Mall Kids Corner Location: Dalma Mall, Fountain Area, Kids Corner Date: Friday 18 November 2016 Time: 4:00pm to 10:00pm Visit Dalma Mall’s Kids Corner for more fun and educational activities!   This Friday 18 November 2016, and every Friday, from 4:00 pm to 10:00 pm, your kids will explore a lot of educational and fun activities that will help refining their ......read more

TECOM Group and JCDecaux to develop a global benchmark for smart communities through digital ...…

The futuristic project will see sustainable creative installations integrated within Dubai Media City, Dubai Internet City and Dubai Knowledge Park Dubai, UAE, November 16, 2016:  In line with its commitment to creating smart, vibrant and sustainable business communities, TECOM Group, a member of Dubai Holding, has partnered with JCDecaux SA (Euronext Paris: DEC), the number one outdoor ......read more

Marka Announces Q3 2016 Financial Results…

Strong performance resulting in positive EBITDA of AED 4.2 million Marka operates a total of 53 outlets across all divisions Dubai, United Arab Emirates – 16 November 2016:  Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, today released its interim financial results for the third quarter of 2016. For the three months ending 30 September 2016, ......read more

Middle East braces itself for the biggest White Friday 2016 on SOUQ.com…

As the region’s avid online shoppers get set for another record-breaking 4-day shopping festival, SOUQ.com ensures a seamless and exciting shopping experience for customers 25K exclusive new deals to be launched on the website and mobile app SOUQ.com gears up for 20 million visits during White Friday   With the introduction of new Fashion, FMCG and lifestyle categories, 50% ......read more

GV2 – VEDA FRANCE, the building joint specialist, will be exhibiting its latest products at the Big ...…

United Arab Emirates -16th November 2016:  GV2 – VEDA FRANCE designs, manufactures and markets a full range of joints for the building industry: expansion joints, control joints, joint covers, fire-stop systems, stair nosings, etc.  We offer solutions tailored to all types of building (shopping centres, hospitals, schools, industrial buildings, airports, etc.), for both ......read more

Majid Al Futtaim to invest AED 260 million in expansion and enhancement of City Centre Sharjah…

Mall’s redevelopment is part of Majid Al Futtaim’s planned AED 30 billion investment in the UAE by 2026, including employment opportunity creation 25 additional fashion and lifestyle brands, a 12-screen VOX Cinemas, a City Centre Clinic and four new dining outlets to deliver a memorable customer experience for the Northern Emirates Clean, contemporary design; 700 new covered ......read more

French firm ARCHITECTURE DU BOIS – Terrasses grad will make its debut appearance at the Big 5 Show ...…

United Arab Emirates, 14 November 2016:  Based in Alsace, 34 km north of Strasbourg, the firm has been manufacturing and installing wood frame roofs and houses since 1988, initially under the Architecture du Bois brand and, since 2012, the grad moniker. The company will unveil its latest decking products when it takes part in the Big 5 Show, at the pavilion run by Business ......read more

Alpin and University of California Berkeley bring you the latest in building evaluation technology…

The ever-changing skyline in the Middle East is hard to keep up with. Amazing buildings are designed and built all year round, however in an industry that is so fast paced we often forget to stop and think about the purpose of these buildings. Built for people just like me and you, be it business professionals, students or patients, we all have the same basic needs; clean air, general ......read more

Canon honours Emax, Carrefour, Media Square and Extra with performance awards…

Strengthens relationships with its channel partners from Middle East with an exclusive two-day gala event Dubai, UAE, November 14, 2016:  Canon Middle East, a leader in imaging solutions reinforced its commitment to both channel partners by awarding them Middle East Channel Awards for their business performances and innovative selling practices. This was part of an exclusive two-day ......read more

Dubai Media City celebrates “Ideas that Work” 2016 MENA Effie Awards…

Strategic sponsor of the 8th Annual Award, reiterates importance of a creative media ecosystem in Dubai’s transformation towards a knowledge economy Dubai, UAE, November 14, 2016:  Dubai Media City, a member of TECOM Group, celebrated the MENA region’s most creative and effective advertising campaigns at the 2016 MENA Effie Awards. As Strategic Sponsor of the awards, Dubai ......read more

Yas Mall Brings the Fun and Excitement in Value Shopping With Amazing Gift Card Promotions…

Abu Dhabi, 14 November 2016:  Yas Mall, the leading destination for shopping, dining and entertainment, is bringing back the fun and excitement in value shopping to all visitors by offering promotions and prizes that add to the overall shopping experience at the mall. Yas Mall visitors stand the chance to get amazing promotions with White Friday taking place on 18th of ......read more

NREC announces third quarter financial results…

Operating Revenue: KD20.5 million Net Profit: KD11.1 million  Kuwait, Nov 13, 2016:  National Real Estate Company (NREC), a leading regional asset manager and developer with USD2 billion in projects under development in the UAE, Egypt, and other markets, today released its financial results for the third quarter of 2016.  The company recorded a growth of 11.1% in its ......read more

Unwrap the Holiday Season With Tryano…

Abu Dhabi, November 13, 2016:  Whether you’re making a child’s first holiday memory or celebrating a family gathering, a visit to TRYANO is a wonderful way to celebrate this festive season and make extraordinary memories along the way. As the UAE’s very own Premium Specialty Department Store in Yas Mall, Abu Dhabi, TRYANO has the perfect gift to make family, friends, and ......read more

Become an Air Miles Millionaire with Modell's Sporting Goods…

Customers shopping in Modell’s stores in the UAE this November earn double Air Miles and possibly more Dubai, United Arab Emirates, 12 November 2016:  Marka PJSC (DFM: MARKA), the first public joint stock retail operator in the UAE, has launched a limited-time campaign that offers Modell’s customers the chance to become an Air Miles Millionaire. Starting today and ......read more

Multimillion Dollar Counterfeit Steel Market Putting Safety at Risk, says Steel Alliance…

Steel Alliance Against Counterfeiting meets to discuss industry concerns with UAE Department of Economic Development and Criminal Investigation Department November 12, 2016 – Abu Dhabi, UAE:  Leading members of the global Steel Alliance Against Counterfeiting (SAAC) – an industry initiative of 18 global steel products manufacturers committed to combating counterfeiting, have ......read more

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