Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Real Estate and Retail
Mutual Recognition: DPM Launches Engineer Registration System

The new system is a comprehensive directory of all Abu Dhabi engineers who have met high standards of professionalism within the industry. Abu Dhabi, December 10 2017:  The Department of Urban Planning and Municipalities (DPM) today announced the launch of its new registration system for all engineers in Abu Dhabi. Upon DPM approval, they will get an official card that will certify them to work across Abu Dhabi. In line with the Abu Dhabi Plan, the integrated digital system ensures mutual recognition of all qualifications listed for every engineer. This streamlined process will provide the DPM with a pool of certified engineers permitted to work across the Emirate. The aim is to regulate standards, principles and best practice in the profession, and ensure only registered engineers with approved academic ......read more

Four Fireworks Displays at Dubai Festival City Mall To Ring in the New Year

Audiences set to be wowed at free event on Festival Bay to celebrate the New Year Dubai, UAE, 10th December 2017:  To celebrate the new year, Dubai Festival City Mall has announced a spectacular schedule of events which includes live musical performances, exciting shows from their global attraction IMAGINE and four firework displays throughout the evening.  The free entertainment at Dubai Festival City Mall will kick off from 7 pm. Festival Bay will then light up with fireworks at 9pm, 10pm and 11pm and a grand finale firework display at midnight to welcome in the New Year.  Visitors can make the most of the evening on Festival Bay by dining at any of its popular waterfront restaurants including: Eataly, Serendipity 3, Cheesecake Factory, Nando’s, Turkish Village, Joe’s Crab Shack, Sugar Factory,  ......read more

‘Ejari' smart app protects the rights of all parties

Continuous promotion of the application stresses transparency in the real estate sector and enhanced user productivity Dubai, United Arab Emirates, 9th December 2017:  The ‘Ejari’ smart application developed by Dubai Land Department (DLD) protects the rights of all parties in the real estate sector including owners, tenants and property management companies. Following new upgrades introduced by DLD, the application has gained an even higher level of efficiency in enhancing user productivity, reducing the cost and time required to complete lease registrations, and most importantly, consolidating transparency in Dubai’s real estate sector. Mohamed Yahya, Deputy Executive Director of the Rental Affairs Sector at DLD, commented: “The “Ejari’ application has significantly increased the ......read more

Over 200 developers across India participate in CREDAI's Indian Property Show

14 states and 60 cities across India   The free-to-attend exhibition will be held on 7th, 8th & 9th December in Halls 7 & 8, Dubai World Trade Center Tempting offers for on spot purchase, flat discounts, free home through lucky draw, and complimentary tickets to global destinations including India. Indian property price growth predicted to rise to as high as 30% per annum Indian real-estate contribution to GDP projected to increase to nearly 13% by 2025 from 6.3% now December 7, 2017; Dubai, UAE:  More than 200 Indian property developers across 14 states and 60 cities assembled at the CREDAI’s Indian Property Show that opened to public today. The popular exhibition, featuring thousands of residential and commercial projects, has sparked further interest among property buyers following the ......read more

Indian realty in revival mode, says industry expert

 Market has clocked a sales growth of 28 per cent post-demonetization as per latest study Prestige Group ‘Buy now, pay later’ offer to attract NRI consumers 6th December, 2017, Dubai - UAE:  The realty market in India seems to have shaken off the impact of demonetization by registering sales growth and now showing signs of revival. Optimistic on the growth of the affordable and premium segment properties, while seeing consolidation in the luxury segment, market stability has returned while buyer sentiment is upbeat because of the trust wave generated by the implementation of RERA.   To cater to the renewed interest and buyer’s demand, Prestige Group, one of India’s largest and most sought after property developers is presenting a special offer of “Own now, pay later” ......read more

South Indian developers to have major participation at CREDAI's Indian Property Show

Over 80 reputed builders from Kerala, Karnataka, Tamilnadu, Andhra Pradesh and Telangana to feature budget to super luxury properties Over 200 developers from across India to showcase Best of India at the exhibition from 7th- 9th December at Dubai World Trade Center, Hall 7 and 8 For the first time, the property show will feature a “Consumer Grievance Redressal Forum” at the venue 04 December, 2017; Dubai, UAE:  The CREDAI’s Indian Property Show slated for this weekend will see a huge participation from South Indian developers. With about 200 reputed RERA approved builders from across India, more than 80 would be from the South Indian states of Kerala, Karnataka, Telangana, Andhra Pradesh and Tamilnadu. In a brand new format, the exhibition will feature 14 state-wise pavilions, showcasing thousands ......read more

Booming hospitality sector driving demand for cutting edge lighting design across the region

Light Middle East showcases leading global brands eyeing future growth in lucrative regional market Dubai, UAE, December 4, 2017:   The booming hospitality sector in the UAe,, has become one of the chief drivers behind the rise in demand for top of the range lighting design, as can be seen from the trends leading up to Light Middle East 2017, the region's premium international showcase for lighting design and technology. Research firm STR reports that there are currently 99 hotels under development in the UAE, the highest in the Middle East, which represents 17 per cent of the 556 regional properties that are either under construction or in the planning stages. Once completed, these hotels will boost the country’s supply by another 28,898 rooms, with Dubai alone looking to reach a total of 134,000 hotel ......read more

Vincitore Real Estate Development hands over flagship Vincitore Palacio residences in Style

Dubai first Quality Residences with Quality Control by TUV Nord blends strategic location, opulent architecture & high end amenities Dubai, UAE, December 03, 2017:  Vincitore Real Estate Development, Dubai’s first quality branded real estate developer, has officially handed over its flagship Vincitore Palacio residential project to its owners during a ceremony graced by several dignitaries. The event marked a major milestone in the developer’s ongoing efforts to deliver properties embodying its promise of ‘Quality Real Estate at Value Par Excellence.’ The handover was presided by Vijay Doshi, Founder and Managing Director of Vincitore Real Estate Development Group, who was accompanied by his wife, Kavita Doshi. Mr. Doshi personally presented the apartments to their initial owners. To celebrate ......read more

Danube celebrates the mantra of Health is Wealth

win one gram of gold with every kilogram reduced @ Danube 3rd December, 2017; UAE:  Danube Group, UAE's largest diversified conglomerates with interests in building materials, property, construction and home furnishings joins hand with the Dubai Fitness Challenge and kick started a glittering weight loss rewarding programme for all the employees across branches from September 11th to December 10th2017. The campaign aims to encourage employees to lose weight and find time for physical activity to stay fit and healthy. As per the initiative one can win one gram of gold with every kilogram reduced and the top 3 reducers will get an additional surprise gift. Mr. Rizwan Sajan, Founder and Chairman, Danube Group said: ” A healthy lifestyle being a core part of a person's happiness and we at Danube wish that ......read more

Technal Middle East to create awareness about fire safety regulations in the UAE

Dubai, UAE; December 03, 2017:  Technal Middle East, a pioneer in architectural aluminium facade systems, has launched a campaign to create more awareness among UAE building contractors, consultants and specifiers about fire safety for building facades.  According to Sam Robinson, General Manager, Technal Middle East: “We have developed a guideline to help the construction industry better understand how to ensure compliance with the relevant codes and standards for fire safety of external walls on high-rise buildings. Our guideline makes understanding the fire hazards of combustible external wall materials clearer. In particular,  we focus on the EN-1364-4 fire resistance test required in the UAE. Fire resistance is determined through destructive fire testing and the EN 1364-4 fire test is one of the most ......read more

Robinsons National Day Trunk Show

Dubai, UAE, December 3, 2017:  In celebration of the inspiring success story of the UAE and its unity for 46 years, guided by the shrewd vision of its leaders, Robinsons, the leading fashion department store located at Dubai Festival City Mall, is taking the UAE National Day to a whole new level this year. Robinsons is proud to present a unique trunk show, bringing together the talents of local and regional designers that will be showcasing some hot off the runway and ready-to-wear couture abaya designs, jewelry and bags, all in a beautiful fusion of local and global flavors.   The Robinsons trunk show will be taking place on the 2nd of December from 4 to 5 p.m. gathering all the following talents under one roof:  Pearla: Established by Hessa and Fatma Ali Aljoker, Perla is a unique Dubai based fashion ......read more

SOUQ Customers Enjoyed Biggest Regional Online Shopping Event in Record-Setting White Friday 2017

SOUQ doubles number of items sold during White Friday 2017 compared to last year’s event With one million deals on offer, total number of items sold more than doubled compared to last year’s event 18 items sold per second during highest traffic time Products from over 16,000 fashion, beauty, electronics, grocery and other brands were on sale Over 70% of customers shopped through mobile devices across the region Almost half of customers paid using electronic payment methods 29th November, 2017, Dubai, United Arab Emirates:  SOUQ.com today announced that the number of items sold during White Friday 2017 more than doubled compared to last year - making it the biggest shopping event in SOUQ history. An unprecedented one million deals were on offer during the event, and 18 items were sold per second during ......read more

Arjun Infrastructure Partners acquires Enviromena Power Systems

Abu Dhabi, UAE; November 29, 2017 –  Enviromena Power Systems (Enviromena), a portfolio company of Masdar, Abu Dhabi Future Energy Company, has been successfully acquired by Arjun Infrastructure Partners (AIP).    AIP is a UK-based independent infrastructure investment advisory company. It partners with institutional investors, mainly pension plans, to access direct infrastructure investments.    UAE-based Enviromena develops, deploys and operates clean energy solutions throughout the MENA region. With a project footprint spanning nine countries, the company has installed more than 17,000 solar systems, representing the largest portfolio of solar rooftops in the region. The company has over 175MW worth of projects in operation and a further 500MW under construction.    Mohamed Jameel Al ......read more

Caparol Paints showcases the new unique External Thermal Insulation Composite System at The Big 5 2017

DUBAI- November 29, 2017:  Caparol Paints, a global leader in the paints industry, are showcasing their new unique fire resistant and super-efficient non-combustible External Thermal Insulation Composite System (ETICS) technology. The system boasts innovation, durability and longevity. The new ETICS technology was launched at the ongoing Big 5 exhibition at the Dubai World Trade Center.  ETICS technology by Caparol Paints has been designed to save energy and improve the climate inside the buildings. It substantially reduces heating and air conditioning costs by maintaining temperatures.   ETICS is a highly efficient system that ensures an improvement in energy efficiency of both old and new buildings once the technology is installed. Caparol has been at the forefront of researching and adopting new technologies ......read more

Bawadi Mall gears up for UAE National Day celebrations

The mall will stage a number of family-centric social, cultural and entertainment activities Dubai, United Arab Emirates, 28 November 2017:  In an endeavour to showcase the Emirati culture, customs and traditions, Bawadi Mall in Al Ain will stage a number of family-centric, social, cultural and entertainment activities as a part of their celebrations organised on the occasion of the UAE’s National Day which will run from November 29th until December 3rd. “UAE’s National Day is an important occasion to reflect back on UAE’s heart-warming culture and hospitality. On this important occasion, we extend our warmest greetings to His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler ......read more

ME's padlock expert Godrej LocksS take giant strides in ultra-secure locks

At Dubai’s biggest construction industry exhibition - Big5 the company to highlight a lock as unique as a DNA and Advantis – the new range of electronic locks Dubai - November 28, 2017:  Godrej Locking Solutions and Systems(LocksS), the largest padlock manufacturer in Asia and a company that has been securing homes for the last 120 years in India, today launched the world’s most secure locks Godrej Herculoc and Godrej Advantis at the Big 5 exhibition in Dubai. The Big 5 is the largest construction event in the Middle East. Godrej LocksS has been synonymous for high quality mechanical locks, over the years and have been introducing and inducting new locking technology by creating the ‘five levels of safety’ which is a unique proposition offered by any brand in the space. Herculoc is a padlock with ......read more

The Dubai Mall celebrates UAE National Day with a host of cultural activities for the whole family

Dubai, UAE, November 28, 2017:  UAE National Day celebrations at The Dubai Mall are not-to-be-missed, with a host of cultural activities, performances and giveaways, allowing families, friends and the community to come together to mark the ‘Spirit of the Union.’ In collaboration with the Sheikh Mohammed Centre for Cultural Understanding, Emirati hosts will welcome visitors to the Souk Atrium which will be transformed into a cultural “majilis.” Guests will be served traditional coffee and dates as they listen to stories of the UAE’s culture and heritage.  Seated beneath a stunning ‘Museum of the Moon’ visitors can learn the importance of the moon in Emirati culture. An awe-inspiring touring artwork by UK artist, Luke Jerram, ‘Museum of the Moon’ measures seven metres in ......read more

Fathima Group expands its retail presence in Northern Emirates

The UAE-based business conglomerate will soon unveil more hypermarkets, further consolidating its retail presence in the GCC and India.  DUBAI – November 28, 2017:  The UAE-based retail major Fathima Group opened its second hypermarket in Ras Al Khaimah as part of its wider growth plans in the GCC. HE Eng. Sheikh Salem Bin Sultan Al Qasimi, and HE Sheikh Majid Bin Sultan Al Qasimi inaugurated the outlet in the presence of Fathima Group Chairman Mr. E.P. Moosa Haji, Managing Director Mr. E.P. Sulaiman Haji, CEO Mr. Sameer Sulaiman and other senior dignitaries.  The inauguration event was also attended by Sheikh Muftah Bin Ali Al Khatri and Mr. Munther Mohamed Bin Shaker, Chairman of RAK Municipality; Mr. Ahammad Bin Mubarak Al Sahmsi, CID General of RAK Police Department; and Sheikh Mohamed Muftah Ali Al Khatri, ......read more

International concrete conference & exhibition makes debut in Sharjah

Sharjah, 27 November 2017:  HE Marwan Jassim Al Sarkal, CEO of Sharjah Investment & Development Authority (Shurooq) and HE Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, inaugurated the first International Concrete Conference & Exhibition in the Middle East (ICCX Middle East 2017) yesterday (Sunday). More than 100 exhibitors and 1,000 international experts in the construction sector attended the event. The exhibition, which is unique to the region, is particularly important because of its portfolio of construction and planiing projects in the GCC which are estimated to be worth 3.1 billion dollars. The exhibition provides opportunities for an innovation-friendly environment to maintain market positions and growth in a highly competitive market in order to be a leading economic platform in the region, specialized in ......read more

Growing International Participation in Dubai for the Big 5

17.4% increase in UAE active construction projects draws to Dubai 2,500+ companies from around the world Monday, November 27, 2017:  The continued expansion of construction activities in the GCC region is attracting an increased number of international exhibitors at The Big 5 this year. According to the latest statistics by BNC Network, there’s been a 17.4% growth in the number of active construction projects in the UAE in 2017 compared to the previous year, and an 8.6% increase in terms of value, which reached USD 818 billion.    “Over 2,500 companies from 60 countries have chosen to come and exhibit their construction products and solutions at The Big 5 in Dubai this year. Some of these are participating to the event for the first time proving that the UAE are now more than ever ‘the place to ......read more

De-clutter old gadgets to bring positive energy, learn the secrets for a happy home from Celebrity Vastu and Interior expert Rasesh Shah

Free to attend educative seminars at CREDAI’s Indian Property Show on 7th, 8th and 9th December  Dubai based expert Dr. Padmaja Yadav to also provide quick tips on home interiors and science of architecture November 26, 2017; Dubai, UAE:  Converting a brick-and-mortar house into a welcoming home is everyone’s dream. Yet, all it requires is some warmth, love, and understanding of Vastu and interiors. Learn more about this science of architecture and its application in home decor during the free to attend seminars at the upcoming CREDAI’s Indian Property Show to be held in Halls 7 and 8, Dubai World Trade Centre.    Seminars will be hosted by celebrity Vastu consultant, Mr Rasesh Shah on Thursday 7th (7 pm – 8 pm) and Saturday 9th December ( 4 pm – 5 pm), while Vastu and ......read more

Al-Futtaim ACE and Plug Ins Massive White Friday Deals

Dubai, UAE, November 23, 2017:  Starting today until November 25, Al-Futtaim ACE and Plug Ins are offering massive White Friday deals both online and in-store across a range of products.  There will be amazing deals on selected items from Outdoor, Garden, Home, and DIY from leading brands including Dyson, Siemens, AFTRON, Homeworks, Apple, Samsung, LG, Panasonic, Bosch, and Lenovo amongst others. Additionally, on a minimum spend of AED 500 at Al-Futtaim ACE stores, customers will be entered into a raffle promotion where 20 shoppers will receive a chance to win 5g of gold each. Details: Event: Al-Futtaim ACE and Plug Ins White Friday Deals  Dates: Al-Futtaim ACE stores and online on November 23-25 Plug Ins: in-store and online November 23-25 Al-Futtaim ACE stores offer a wide selection of Outdoor Lifestyle, ......read more

The Outlet Village announces 3 Day Super Sale Dubai

Dubai, UAE, November 23, 2017:  Shopping in Dubai is about to get even more exciting, as The Outlet Village, Dubai’s first upscale outlet mall, gears up to celebrate the 3 Day Super Sale Dubai from the 23rd – 25th November.  Housing three department stores, international dining and over 125 top brands such as DKNY, Calvin Klein, Tommy Hilfiger, Ted Baker and many more, The Outlet Village is the perfect destination for luxury shopping fans looking to acquire iconic brands at exceptional prices this weekend.  Located in Jebel Ali, just 15 minutes away from JBR and within easy reach of the centres of both Dubai and Abu Dhabi, The Outlet Village offers a taste of European charm in Dubai. Shoppers can amble through Dubai’s premium shopping outlet and soak up the Tuscan-inspired ambience while enjoying ......read more

American Girl® Opens New Store in Dubai to Celebrate Girls!

The brand new American Girl store has officially opened at City Centre Mirdif This is American Girl’s first location in Dubai and outside of North America American Girl is hosting a launch event open to all on Friday, November 24th Dubai, United Arab Emirates, 22 November 2017:  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia, today announced that American Girl, the premium brand loved by girls everywhere, has officially opened its doors in the UAE! The brand new store at City Centre Mirdif is American Girl’s first location in the region and first to open outside of North America.   The new American Girl will offer all of the store’s fan-favourites. This includes a complete assortment of the popular historical and ......read more

Yas Mall Races Ahead with Amazing Black & White Weekend Sale from 23-26 November

Mall-wide sale will offer discounts from 30% up to 90% off  Abu Dhabi, 21 November 2017:   Yas Mall, the largest mall in Abu Dhabi, will launch its Black & White Weekend Sale, from Thursday 23 November to Sunday 26 November. Inspired by the global sale event ‘Black Friday’, Yas Mall’s array of international retailers will offer discounts of up to 90%, helping visitors shop at great deals, including House of Fraser, Debenhams, the One, Home Centre, E- Max, plus many more. With the 2017 Formula 1 Etihad Airways Abu Dhabi Grand Prix happening at the same time and as the only mall in the world set against the backdrop of a Formula 1 track, Yas Mall will celebrate the motor race championship in style. Yas Mall will be transformed with amazing roaming entertainment in black and white and checkered ......read more

Other Top Stories from Real Estate and Retail
 
Global Mega Trends Impacting the Region's Hospitality Sector will be a Focal Point at the Hotelier ...…

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

Green Bridge Wins MEED Quality Award Of The Year…

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

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

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

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

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

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

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

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

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

Danube Properties Redefines Affordable Housing with ‘Bayz'…

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

Amlak Releases First Quarter 2017 Results…

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

QCC Releases Updated Infrastructure Standards Guidelines…

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

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

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

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

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

UAE's Steel Producers to Strengthen Their Market Position…

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

Proposed Final Dividend of USD 0.04 Per Share…

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

RAK Properties Reports Stellar First Quarter Profits…

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

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

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

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

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

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

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

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

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

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

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

AquaBlade® flushing technology sets new standards in toilet hygiene…

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

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

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

QCC Endorses First Batch of Quality Partner Programme Affiliates…

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

Arab Traffic Week 2017 at Dalma Mall…

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

EMKAAN Unveils Architectural Formula for Health and Happiness…

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

HMH Appoints a New CEO…

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

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

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

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

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

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

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

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

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

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

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

Asteco signs first master franchise in Saudi Arabia…

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

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

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

11th Edition of Cityscape Abu Dhabi Officially Opens…

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

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

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

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

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

Launches, Exclusive Promotions and Payment Plans Attract Thousands of Investors to Cityscape abu ...…

No signs of slowing down; exhibitors report high number of sales on opening day of capital’s largest real estate show Abu Dhabi, UAE, 19 April, 2017: Investors and buyers are out in full force at Cityscape Abu Dhabi this week, as exhibitors reveal hundreds of new property launches, special promotion rates and payment plans for a host of local, regional and international real estate ......read more

UAE Minister of Climate Change and Environment Endorses Launch of Majid Al Futtaim's Net Positive ...…

•    Majid Al Futtaim is the first company from the Middle East to commit to Net Positive  •    Company aims to become Net Positive in water consumption and carbon emissions by 2040  •    Majid Al Futtaim joins other leading global corporations in Net Positive movement Dubai, 18 April 2017 – Majid Al Futtaim, the ......read more

French Construction Industry To be Discovered at PROJECT QATAR 2017…

May 8 - 11, 2017 - Doha Exhibition & Convention Center (DECC) Offer focused on  environmental-friendly buildings, energy efficiency, smart buildings and home automation 8 select companies Doha, April 18th  2017 - The French companies exhibiting at the Project Qatar from 8 to 11 May 2017, will be focusing on quality and reliability. The French Pavilion organized by ......read more

QCC Hosts Workshop on Proficiency Testing Programme for Soil and Construction Material Testing Labs…

Efficiency of laboratories in Abu Dhabi improves significantly from 57% in 2014 to 97% in 2017 Fluctuation in laboratory efficiency decreases from 66% in 2014 to 32% in 2017  Abu Dhabi-UAE: 17 April 2017 – The Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure and raising awareness on quality standards in the emirate ......read more

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

  12 April 2017 - Dubai UAE: “Overall, the hospitality market across the GCC witnessed an even split in increases and declines of KPIs in February 2017 when compared to the same month last year. In the GCC, half of the markets saw an increase in revenue per average room (RevPAR), these were the UAE, Kuwait, and Qatar; while the other half, KSA, Oman, and Bahrain, saw a slowdown ......read more

Abu Dhabi Villa Prices Fall 9% as Economic Uncertainty Continues…

  •    Sluggish job market and a shrinkage in the oil and gas sector continue to place pressure on the Abu Dhabi real estate market; •    Apartment sales prices down 1% and villas down 9%; apartment and villa rents down 3% 12 April 2017 - Dubai UAE: Average apartment sales prices in Abu Dhabi fell by 1% in Q1 2017 while villa prices dropped ......read more

Top Metals Executives to Lead Liberty Speciality Steels…

12th April 2017 - Dubai UAE: Liberty House Group has launched its new Speciality Steels business and appointed some of the most prominent international metals industry figures to lead the operation.  The move comes in anticipation of completion of Liberty’s agreed £100m acquisition of Tata Steel UK Speciality Steels, employing around 1,700 people in the North of England. ......read more

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