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

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

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

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

Danube Properties Bags two prestigious awards this September

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

Dubai Land Department to promote Dubai real estate internationally

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

Saudi Investors to Keep Faith in Dubai Real Estate - Developer

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

Shaikhani Group Lauds Cityscape for allowing Onsite Property Sale

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

Cityscape Global Awards for Emerging Markets Celebrate International Architectural Excellence

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

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

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

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

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

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

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

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

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

Cityscape Global 2017 Officially Opens

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Instant Cash Back with Stadium

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

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

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

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

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

Other Top Stories from Real Estate and Retail
 
Dalma Mall Guinness Award Ceremony…

Join us in our historic celebration, as Dalma Mall will be officially announced by Guinness World Records to be the Record Holder of the Longest Greetings Card Mosaic Made in History! On this day, Official Representatives from Guinness World Records will authenticate our record-breaking achievement in creating the longest greetings card mosaic made in history, with 150m in length, and made ......read more

Dubai South announces the opening of Panalpina's largest logistics and manufacturing facility…

Dubai-UAE: 16 March, 2017:  The Dubai South Logistics District today witnessed the opening of Panalpina’s 40,000 sqm facility. The centre is the largest logistics and manufacturing facility globally for the Swiss-headquartered Panalpina Group, the world's leading providers of supply chain solutions.  The facility was opened in the presence of His Highness Sheikh Ahmed ......read more

Dubai-based Italian creative lab SUPERFUTUREDESIGN* wins Urban Commissions 2017 design competition…

Urban Commissions, a design competition set up by Dubai Design District (d3) and Dubai Culture & Arts Authority to engage with the UAE’s creative community and promote its diverse production industries, announces SUPERFUTUREDESIGN* as this year’s winner.  Urban Commissions was launched in October 2014 to engage design students and professionals residing in the UAE. The ......read more

Danube Properties Launches Eight Realty Project ‘Resortz'…

Dubai, March 14, 2017:  Danube Properties, UAE’s leading property developer, part of Danube Group, has launched a new realty project called ‘Resortz’, in Dubai’s Arjaan neighborhood. The project was unveiled by Rizwan Sajan- Founder and Chairman of Danube Group, in the presence of media, brokers as well as senior management of the firm.   The AED 300 million ......read more

Caparol Paints Brings Innovative Formula to Keep Walls Spotless and Beautiful…

The leading paint manufacturer reveals CleanStar, an expert formulation that ensures stain removal to keep walls looking fresh and new. Dubai, March 14, 2017:  Walls provide a protective warmth and energy to every home, working quietly in the background to outline its character. Clean walls speak a thousand unspoken words, adding to the colour and luxury of a room. Understanding the ......read more

Centrepoint Wins Double Gold at Dubai Lynx for Sale Film…

Dubai, 13th March 2017:  Centrepoint stole the show at Dubai Lynx 2017 with Gold wins in the ‘Film’ and ‘Film Craft’ categories for the creative brilliance and dramatic cinematography of its recent sale films. The films were conceptualized as a two-part series by Impact BBDO, Dubai, who was also awarded Agency of the Year, at the ceremony that took place on the 9th of ......read more

Thirteenth edition of International Property Show 2017 to feature ‘The Global Property Market'…

The Global Property Market is an initiative by Dubai Land Department (DLD) that presents a niche opportunity for strategic information and networking on investment and development Dubai, UAE, 13 March2017:  With the woes of the oil and commodities industry easing out and governments raising their spending on infrastructure,the property market for retail, residential, industrial, office ......read more

Majid Al Futtaim launches ‘Create Great Moments Together' campaign to encourage UAE residents to ...…

New corporate campaign shaped by Majid Al Futtaim commissioned research into happiness amongst UAE residents UAE research highlights:         Nearly all (93%) of people are happiest when spending quality time with loved ones  One third (30%) spend an average of just five hours or less a week doing so   Half (46%) feel they currently waste at ......read more

The renowned Le BHV Marais' first flagship store is set to open in Dubai…

12 March 2017, Dubai - UAE:  The internationally renowned Parisians’ favourite department store “Le BHV Marais” is set to open its first flagship store in the United Arab Emirates on the 13th of March 2017 in the buzzing City Walk, Dubai as part of its international expansion in franchising with MEDS.  An exclusive media visit to discover Le BHV Marais was hosted ......read more

Dubai WoodShow 2017 taps potential of building fully wooden houses in the UAE…

Dubai, UAE, 9 March 2017:  New ideas and innovations were presented during the second day (Wednesday, 8 March 2017) of the 12th edition of Dubai WoodShow (DWS 2017) and the 1st edition of Dubai International Furniture Accessories & Components & Semi-Finished Products Show (DIFAC 2017).  Many initiatives were also presented at the show, one of which targets building 100% ......read more

Doha Festival City Set to wow Visitors with Unique Sculpture Installations…

Seven bespoke designs by sculptor David Harber to be installed at Doha Festival City Doha, 9 March 2017:  Doha Festival City, Qatar’s largest entertainment, retail and dining destination continues to deliver on the commitment to bring visitors a world class shopping experience, and surprise and delight customers with the installation it’s first art piece. Created by ......read more

Dalma Mall's Guinness World Records Official Attempt…

For The Longest Greeting Card Made In History  Celebrate Mother’s Day BIG with Dalma Mall Abu Dhabi, United Arab Emirates, 7 March 2017: Change the face of history and help bring a new majestic Guinness World Records to the capital of the United Arab Emirates with Dalma Mall. On Mother’s Day, and from March 7 to 21, Dalma Mall will prove once again that nothing is ......read more

Hyperloop One Reveals First Images of Nevada Desert Development Site (‘DevLoop') at Middle East Rail…

500-meter full scale Hyperloop test structure weighs over one million kilograms Hyperloop One tube measures 3.3 meters in diameter Hyperloop One is the only company building a functional Hyperloop system Shares vision for connecting Gulf Cooperation Council  Travel between major cities in the Gulf region could be less than one hour Dubai, UAE, March 7, 2017:  Hyperloop ......read more

Saudi's AFIFI Industrial Group to extend its participation at Dubai WoodShow 2017…

The company will unveil its specialized facility that produces various interior decoration materials for the furniture applications  Dubai, UAE, 6 March 2017:  According to a new market report published by Credence Research Furniture Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023, the furniture market has been estimated to be valued at ......read more

Al-Futtaim Launches Second Mixed Use Development in the UAE…

New lifestyle focused mall for southern Dubai to be anchored by IKEA and ACE.  Dubai, UAE, 06 March 2017:  Al-Futtaim, one of the most progressive business houses in the Gulf region, has broken ground on the development of a 78,500 sq. metre site, which forms part of the Jebel Ali Development (JAD) mixed use master planned community.   Al-Futtaim plans to expand its retail ......read more

Bollywood actress BipashaBasu inaugurates the new Al Adil Meena Bazaar outlet…

Dubai, UAE, March 4, 2017:  Leading Bollywood actress BipashaBasu inaugurated the 35th outlet of UAE’s leading name for high quality Indian food stuff. Al Adil Group, which is celebrating 33 years of success in this market has created another milestone. The group has set by opening its 35th outlet at Dubai’s most sought after business destination Meena Bazaar, Bur Dubai. The ......read more

Abu Dhabi Fund for Development Delegation Visits Wahat Al Karama…

Abu Dhabi-UAE: 2 March, 2017:  His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) yesterday led a delegation of ADFD employees and toured the memorial site, Wahat Al Karama. The delegation explored the premises and visited the cultural landmark; the 31 aluminium-panel, each leaning on the other, exemplifying the unity, solidarity and mutual ......read more

At a Critical Crossroad: What the Region's Retail Leaders Have To Say About the Industry in 2017…

Dubai, UAE, March 2, 2017:  The retail industry in the Middle East is at a critical crossroad that threatens the old order and demands a new approach to every touchpoint in the retail ecosystem. From the harnessing of technology across the supply chain, to reinventing brands, adopting new business models and broadening channels, companies in the retail space are having to take new approaches ......read more

Those investing in UK property could be hit by new legislation…

Middle East investors in the UK property market may be hit by a change in legislation.  The change, which comes into effect on 6 April this year, could see investors’ families/beneficiaries lose out on 40% of their property value.  Dubai, UAE, March 2, 2017:  New UK legislation coming into effect from 6 April 2017 could impact thousands of people living in the ......read more

Italian companies to showcase their expertise at Dubai WoodShow 2017…

A report by Allied Market Research (AMR) projects that the global engineered wood market is estimated to reach $41.273 billion by 2022 Dubai, UAE, 1 March 2017:  Organisers of Dubai WoodShow 2017 said that wood industry continues to have strong and consistent demand for all grades of logs. A new report by Allied Market Research (AMR) projects that the global engineered wood market is ......read more

Dubai Real Estate Institute Advances the Region's Real Estate Markets…

DREI supports the real estate market by providing training and qualifications for professionals  50  thousand real estate students have graduated from DREI since 2009 Dubai, UAE, February 28, 2017:  Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), has made essential contributions towards spreading knowledge and culture all across the ......read more

German wood businesses head to Dubai WoodShow…

More than 30 German companies are participating at Dubai WoodShow to be held in Dubai from March 7 to 9  Dubai, UAE, 27 February 2017:  A report by The Federation of the German timber industry (HDH) stated that the German wood industry witnessed an increase in sales in 2016 by 2.4%, up to EUR 35 billion. Currently, 939 companies operate in the German wood industry and the employment ......read more

Emirates REIT sees strong rental growth in FY 2016…

Dubai - 27 February 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 reported its audited financial results for the year ending 31 December ......read more

Arthur & Hardman unveils Milano by Giovanni Boutique Suites in Jumeirah Village Circle…

Mr. Samir Salya, Chairman of Reign Holdings, says the project consists of 124 fully furnished hotel apartments. DUBAI- February 26, 2017:  Arthur & Hardman, the development arm of global business conglomerate Reign Holdings, has launched Milano by Giovanni Boutique Suites, a premium Italian style luxury property in Dubai’s Jumeirah Village Circle at an estimated investment of ......read more

SIMCO reports dramatic increase in stock, indicating market growth of 60-90% in 2017…

Woodworking machinery market set to grow at 20-30% in 2017 Company to participate in Dubai WoodShow with the stand of 400 sqm to showcase its most innovative machineries Dubai, UAE, 25 February 2017:  SIMCO, a leading industrial manufacturing company, has projected that the wood working machinery market will grow by 20% to 30% in 2017. Compared to 2016, the start of 2017 has seen a ......read more

Dubai Industrial Park Launches New Light Industrial Units, Refrigerated Warehouses at Gulfood 2017…

1.5 million sq ft area caters to demands of halal sector Complex comprises light industrial units and refrigerated warehouses to meet SME needs  Industrial Park’s Stand CC7-10 displays cross-section model of light industrial units and new warehouses  Dubai-UAE: 25 February, 2017:  Dubai Wholesale City, a global integrated wholesale trading hub and member of TECOM ......read more

Al Wahda Mall first mall in Abu Dhabi to introduce ‘Pink Parking' for women…

Al Wahda Mall introduces hassle free parking for its women shoppers by dedicating more than 80 pink parking bays in the mall parking arena, making it the first mall in Abu Dhabi to lead the way with and promote the Abu Dhabi government’s initiative Al Wahda Mall is known for introducing novel initiatives and programs that are in the best interests of the mall visitors Focusing on the ......read more

Emke Group/Lulu Group International, Majid Al Futtaim Holding LLC and Savola Group appear on ...…

Deloitte Global report finds retailers achieve steady growth despite challenging global economy  US$4.3 trillion in revenues generated by top 250 global retailers We are now living in the customer-driven economy Dubai, UAE, February 23, 2017:  The top 250 global retailers generated aggregated revenues of US$4.31 trillion in fiscal year 2015, representing composite growth of ......read more

GCC countries urged to review duty on imported steel, says industry expert…

HE Abdallah Al Shamsi, Assistant Undersecretary for Industrial Affairs at the UAE Ministry of Economy, for UAE visited Conares’ steel manufacturing plants in Jebel Ali Free Zone (JAFZA), Dubai on Wednesday. DUBAI – February 23, 2017:  The steel manufacturing sector in UAE is seeking further support to prevent dumping of cheap steel imports in the country, says a leading steel ......read more

United World Infrastructure to Offer New Cities and Urban Centers to 15 Million People by 2030…

Dubai-based global firm eyes a share of the world’s urban future  Dubai, United Arab Emirates, February 21, 2017:  United World Infrastructure (UWI), the Dubai- and Washington, DC-based firm that funds, develops and manages next generation cities, has set out a plan to offer urban developments to 15 million people by 2030.  UWI expects to develop its urban portfolio by ......read more

Dubai Properties (DP) survey reveals 84% of Dubai residents want to be more involved in their local ...…

Residents increasingly prefer to stay closer to home for family related activities such as community events, dining out and shopping  Dubai, UAE - February 18, 2017:  A recent survey  by leading Dubai-based real estate master developer and asset manager Dubai Properties (DP) has revealed that 84% of UAE consumer’s surveyed want to be more involved in their local community ......read more

Landmark Group Associates with WGS 2017 as Exclusive Retail Partner…

Dubai-UAE: February 18, 2017 – Landmark Group, the region’s leading retail and hospitality conglomerate, collaborated with the fifth edition of the World Government Summit (WGS 2017) as the exclusive happiness partner at the Global Dialogue for Happiness, on 11 February 2017. Renuka Jagtiani, Vice Chairperson, Landmark Group addressed the audience, and said: “We would like to ......read more

Dubai Land Department: In first 45 days of 2017, value of real estate transactions reached AED 42 ...…

13th edition of International Property Show attracts 100 exhibitors from 40 countries International Property Show focuses on innovation and creativity in real estate marketing In collaboration with Dubai Land Department, show to host debut ‘Real Estate Brokers Village’ 16,000 visitors expected in 3 days Dubai, UAE, 16 February 2017:  Representatives from Dubai ......read more

Dubai tenants have the advantage in 2017, says Asteco…

Asteco’s Q4 2016 report highlights expected downward pressure on rents caused by increased supply Average apartment and villa rents down by 6% and 5% through 2016 Residential sale prices bottoming out Dubai, UAE, February 13, 2017:  Tenants in Dubai could have the upper hand when negotiating rental rates thanks to a significant amount of stock coming to the market in 2017, ......read more

“Retail Leaders Circle MENA: Key Industry Summit brings Region's Retail Leaders Together to Unlock ...…

Dubai, UAE, February 12, 2017:  As the retail industry in the MENA region undergoes seismic shifts driven by a post-oil economy, changing consumer behaviour and the digital realm becoming the new norm, this year’s Retail Leaders Circle MENA  takes on critical significance for all sectors of the industry. The exclusive annual summit, taking place at The Address Dubai Mall Hotel ......read more

Let the Shopping Spree Begin with Hili Mall's Shop & Win Campaign!…

120 winners have opportunity to win prizes worth AED 240,000 From 10th February until 21st March 2017 Al Ain, UAE, 12 February 2017:  It’s back! Hili Mall will certainly be a consumer’s paradise once more as it is set to launch its second edition of Shop & Win. Absolutely a game changer, the campaign is scheduled to kick off on the 10th of February, 2017 and will ......read more

Al Ghurair Rayhaan and Al Ghurair Arjaan by Rotana Pre-valentines Event…

Dubai, February 9, 2017:  Al Ghurair Rayhaan and Al Ghurair Arjaan by Rotana, the 5 star hotel and deluxe hotel apartments, hosted a Pre-Valentines event to showcase the true essence of the Month of Love. The two stunning Rotana properties in Deira invited valued media partners, bloggers and instagrammers in the hotel. During the event, an overview of its enticing offers was ......read more

Danube Properties announces 95 percent of ‘Miraclz' project sold…

Dubai, 8th February, 2017:  Danube Properties, the property arm of UAE-Based Danube Group, has announced that 95 percent of the recently launched Miraclz project has been sold, at a press conference held at the Grand Hyatt Hotel today. The event was held in the presence of Sushmita Sen, who is a renowned Indian actress and is the face of Danube Group, as well as the senior management of the ......read more

Marsh Middle East 2017 Infrastructure Risk Management Forum Yields Success…

Dubai, United Arab Emirates – 8 February 2017:  The Marsh 2017 Infrastructure Risk Management Forum saw this year’s theme ‘From Risk to Resilience in the Infrastructure Industry: Assessing the Challenges and Opportunities in Emerging Infrastructure Risks’ yield a positive response from delegates, at The Ritz-Carlton, DIFC, Dubai on Wednesday, 8th February. The ......read more

Bawabat al Sharq Mall's First Edition of "Bareezat Abu Dhabi" Successfully Concludes…

A premium Emirati Brand Exhibition encouraging local entrepreneurship was held under the patronage of H.E. Major General Ahmed Nasser Al Raisi, Inspector General of the Ministry of Interior and Chairman of Baniyas Sports & Cultural Club Abu Dhabi, February 8, 2017:  Bawabat al Sharq Mall, one of Abu Dhabi’s finest shopping and entertainment destinations, successfully concluded ......read more

Sandvik Wins Multi-Million Dollar Regional Contracts…

Sandvik Secures Strategic Projects in Egypt; Establishes Regional HQ in Dubai Dubai, United Arab Emirates – 8 February 2017:  Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium, and other high-performance materials, announced that, it has secured a number of strategic projects offshore Egypt to provide a comprehensive scope of Sandvik oil and ......read more

Inaugural Edition of ‘Future Cities Show' to kick off in Dubai World Trade Centre from 2 to 4 April ...…

Minister of Infrastructure Development: ‘Future Cities Show provides value addition to strategic planning of future cities by using renewable energy and adopting innovation, creativity and excellence’ Director General, Dubai Land Department:  ‘The show’s mission is to plan future cities based on sustainable development’ Dubai, United Arab Emirates, 7 ......read more

Majid Al Futtaim Joins World Retail Congress as Key Partner for Second Consecutive Year…

Dubai, UAE, February 7, 2017:  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced it will be the key partner of the World Retail Congress for a second consecutive year. The 11th edition of the Congress, which is the world’s largest retail event, will be held in Dubai from 4 to 6 April 2017 under ......read more

Spoil your loved one this Valentine's Day with BurJuman…

Find the perfect gift to say ‘I love you’ to your special someone this Valentine’s Day at BurJuman Share your love with the world with BurJuman’s Valentine’s Day photo booth  Dubai, UAE, 6 February, 2017:  Love is in the air this Valentine’s Day at BurJuman. Whether you are searching for the perfect gift to say ‘I love you’ or ......read more

Al Shafar Steel Engineering to Double Facilities at Dubai Industrial Park…

AED175 million expansion to make ASSENT one of the largest steel companies in the region New expansion makes Shafar one of the largest steel companies in the region, spread over an area of 2.4 million square feet. Dubai-UAE: 6 February, 2017:  Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the ......read more

Rezidor signs two new Radisson Blu hotels in Dubai…

UAE, Dubai 6 February 2017:  The Rezidor Hotel Group, one of the fastest growing hotel companies in the world, is pleased to announce the signing of two new Radisson Blu hotels in International Media Production Zone (IMPZ) and Dubai Studio City, United Arab Emirates. The new signings made in partnership with renowned, Dubai-based, Bin Haider Group, follow Rezidor’s recent announcement ......read more

Retail Leaders Circle MENA: Key Industry Summit brings Region's Retail Leaders Together to Unlock ...…

Dubai, UAE, February 6, 2017:  As the retail industry in the MENA region undergoes seismic shifts driven by a post-oil economy, changing consumer behaviour and the digital realm becoming the new norm, this year’s Retail Leaders Circle MENA  takes on critical significance for all sectors of the industry. The exclusive annual summit, taking place at The Address Dubai Mall Hotel ......read more

Equitativa, Al Hamra and National Bonds launch the UAE's first Residential REIT…

REIT launches with AED 418m seed portfolio comprised of 483 villas and apartments in Dubai and Ras Al Khaimah Dubai – 5 February 2017: Equitativa (AD) Limited (“Equitativa”) today announces the launch of The Residential REIT (IC) Limited (“The Residential REIT” or the “REIT”), the first Sharia compliant residential Real Estate Investment Trust in the ......read more

Dubai Properties' iconic tower development 1/JBR on track for Q4 2019 completion…

Dubai Contracting Company announced as the contractor for luxurious sea-front destination at Jumeirah Beach Residence  Dubai, UAE – 05 February 2017: Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced that Dubai Contracting Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower - 1/JBR. Work is now ......read more

Danube Properties hosts second annual investors and brokers meet…

Over 1000 investors & 500 brokers joined in for an evening fun and frolic  Updates on existing projects and their progress were revealed during the evening Dubai, 5th February 2017:  Danube Properties, UAE’s leading property developer, has recently organized its second annual Investors & Brokers Meet at Dubai’s Grand Hyatt Hotel. The evening was attended by ......read more

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