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    Featured in Real Estate
    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 show the potential impact of an empowered Emirati workforce within the organization. A 31 strong, all-Emirati team took on full responsibility for the store’s operations for one whole day, delivering exceptional customer service during the course of the day, which translated into strong sales against the target figures and received positive feedback from customers. The initiative is empowered by the M&S new and unique training ......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 products at Paris Gallery and Watch Gallery.  While at Paris Gallery you could be spoilt for choice with some of the largest and most exclusive collections of fragrances, cosmetics, watches, sunglasses and leather goods, at Watch Gallery you could choose from an array of the best watch brands amply assisted by product-savvy personnel, making selecting a watch an occasion to remember. Paris Gallery, the perfect destination for gifting, ......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 2017, according to BNC Intelligence  2.    GCC hospitality sector constitutes 7 per cent of all active projects in the GCC 3.    Six hospitality projects with a combined estimated value of around US$390.5 million were completed during the month 4.    In March, there is an increase of 1 per cent in terms of number as well as in dollar value in the GCC's hospitality projects as compared ......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 in the coming months. Expected to be officially announced during the next two months, RAK Properties showcased to visitors what to expect from its upcoming development in the United Arab Emirates’ capital at Abu Dhabi’s largest international real estate exhibition. Featuring 266 apartments featuring a range of studios, one, two and three bedroom apartments in the heart of Al Reem Island, the new project follows the largely ......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 Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, the exhibition will run from 18 to 20 April 2017 at Abu Dhabi National Exhibition Centre (ADNEC) bringing together local, regional and international real estate specialists under one roof.  Mohammed Bin Thaaloob Al Derei, the Chairman of Al Qudra Holding said: “Our participation at Cityscape Abu Dhabi 2017 comes in line with our commitment to contributing to the ......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 Industries, Conares, Hamriyah Steel and Union Iron & Steel participated in the ‘Magnet’ session held recently in Dubai for the rebar producers. The session covered discussions based on the current steel market outlook, which is very stable in terms of demand and supply. The rise in the number of infrastructure-development projects since the beginning of this year is in line with the strong recovery of economic growth in the ......read more

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

    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 a deal with the Orient Group of Companies to manage the 310-key Mövenpick Hotel & Apartments Lahore, part of a new mixed-used development the government has earmarked as the city’s new commercial hub. Set to be one of the tallest buildings in Pakistan when it opens in 2021, the property will be the focal point of the high-profile Finance and Trade Centre project in Johar Town, an up-and-coming district earmarked for significant ......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, 19 April, 2017 – Tamouh Investments, the largest master developer on Reem Island and leading Abu Dhabi based real estate developer, is pleased to announce the signing of a AED310 million facility to fund the final phase of the construction of Tamouh’s Paragon Bay Mall in Marina Square, Reem Island. The ten year project financing will be provided by Abu Dhabi Islamic Bank (ADIB), which was the mandated lead arranger and sole bookrunner ......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 GCC. Following the signing of the agreement with Asteco’s licensing division, Ma’ather for Real Estate Management LLC, the main real estate division of the Rabiah & Nasser Group (RANCO), a leader in the Saudi construction, industrial and real estate industry, will now operate under the Asteco brand. The signing ceremony, which took place yesterday at Cityscape Abu Dhabi, was attended by Asteco Managing Director, John Stevens; Asteco ......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 unveiled the commemorative plaque and laid the foundation stone for Silicon Mall, the new 2.3 million square feet shopping mall by the LuLu Group International (LuLu Group), one of the top retailers in the Middle East, at the hi-tech park. The total investment on this new project is expected to be around Dhs. 1 billion. The ceremony was attended by Dr Mohammed Alzarooni, Vice Chairman and Chief Executive Officer of DSOA, Yusuff Ali MA, Chairman and ......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 new project launches. The three-day property exhibition comes as new regional market research studies reveal that the UAE is the most appealing country to invest in real estate in the Middle East.   Figures from a new YouGov survey, commissioned ahead Cityscape Abu Dhabi revealed that 88% of home buyers, individual investors and institutional investors believe that the UAE is the most appealing country to invest in real estate in the ......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 in Abu Dhabi and Dubai during its participation in the 11th edition of Cityscape Abu Dhabi currently underway at the Abu Dhabi National Exhibition Centre. The developer said it has recently commenced the main construction works of its developments Stella Maris in Dubai Marina and Bloom Heights in Jumeirah Village Circle. Taking shape at the southern end of the vibrant   hub of Dubai Marina, Stella Maris is a luxury project that will ......read more

    Al Maryah Island to Showcase its Hospitality, Dining and Celebrations Offering at Arabian Travel Market 2017

    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 showcase its expanding collection of dining and hospitality offerings, alongside its array of celebrations, at this year’s Arabian Travel Market. From the official opening of the Four Seasons Hotel Abu Dhabi in October 2016, to the announcement of The Galleria’s Dining Collection, to its impressive New Year’s Eve celebrations in December 2017, Al Maryah Island has firmly established itself as an energetic business & lifestyle ......read more

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

    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 projects across a range of price points.  Taking place until 20 April at Abu Dhabi National Exhibition Centre (ADNEC), Cityscape Abu Dhabi is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.    Driving the sales on the show floor, Bloom Properties launched their Dubai-based project Bloom Towers in Jumeirah Village Circle ......read more

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

    •    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 leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has today launched its Net Positive strategy in the presence of Dr. Thani Ahmad Al Zeyoudi, Minister of Climate Change and Environment. The strategy aims to significantly reduce the company’s water consumption and carbon emissions to the extent that it puts more back into the environment than it takes out, resulting in a positive corporate ......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 Business France, national agency supporting the international development of the French economy, will introduce innovative products & technologies to local construction professionals in Doha. The French pavilion will focus on sustainable and environmental-friendly buildings, energy efficiency and timber constructions but also smart buildings and home automation to reinforce partnerships with existing projects and develop new joint-ventures ......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 of Abu Dhabi, hosted a workshop for soil and construction material testing laboratories as part of the Proficiency Testing Programme aimed at improving the efficiency of dedicated laboratories across Abu Dhabi. The workshop highlighted the results of the Proficiency Testing Programme that achieved a 40% increase in the technical competency of the soil and construction material laboratories, increasing from 57% in 2014 to 97% in 2017. This ......read more

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

      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 in performance. Among the GCC cities surveyed, the city-based hotels of Dubai saw the highest occupancy at 89.1%, while the beach-based hotels had the highest average room rate at US$399. Also in the UAE, Abu Dhabi experienced the highest increase in RevPAR compared to February 2016. Abu Dhabi’s hospitality market witnessed an increase across all KPI’s in February 2017. Last month, RevPAR increased by 21.7% when compared to the ......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 by 9% amid  public and private sector downsizing, a byproduct of the static oil and gas sector, according to the Abu Dhabi Residential Market Q1 2017 report from leading international property agency Chestertons MENA. “Sales prices are expected to further decline due to redundancies attributed to the shrinkage of the oil and gas sector. We believe the trend of downsizing or moving to more affordable areas will continue until 2018, ......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. A definitive agreement was signed between Liberty and Tata Steel in February and the acquisition is expected to be completed in the near future, subject to the necessary regulatory approvals. The management board designate of Liberty Speciality Steels will include Jon Bolton as chief executive, Peter Hogg as chief operations officer and Chris Kirby as chief financial officer. Jon Bolton is currently chief executive of Liberty’s plates ......read more

    International House for Real Estate Project Management Launches ‘Unleash Your Inner Entrepreneur Campaign'

    Winners of the competition will win a year’s free rent at 93- 94 Avenues OR Nad Al Hamar Avenues Community Centres’ worth AED 350,000 April 11, 2017, Dubai, UAE – In line with the UAE declaring 2017 as the year of giving, leading property developer and real estate management company, International House for Real Estate Project Management (IHRPM), is launching the ‘Unleash Your Inner Entrepreneur Campaign’. This exciting competition is aimed at giving future and upcoming entrepreneurs a once-in-a-lifetime opportunity to take the next step in developing their business. The competition has been launched in partnership with two major radio stations, business incubators and a team of reputable firms that will boost the final winner towards operating a successful enterprise in the UAE.  Launching today, ......read more

    GPCA Announces Winners of Plastics Excellence Awards

    Awards series recognizes best-practice contributions to the plastics industry Abu Dhabi, United Arab Emirates, April 11, 2017 – Gulf Petrochemicals and Chemicals Association (GPCA), the go to resource for industry data in the region, announced the winners of the 7th edition of the GPCA Plastics Excellence Awards. The awards ceremony took place on April 9, 2017, in Jumeirah at Etihad Towers, Abu Dhabi, on the sidelines of the 8th GPCA PlastiCon. Sabic in partnership with Hira Industries, KSA won in the ‘Joint Development/Improvement of a New Product or Application – Resin Producer & Plastic Converter’ category for their improved use of SABIC’s new LDPE dedicated foam grade in Aerofoam (pipe/tube insulation), while Ingenia Polymers Company, also from KSA, took home the award for ‘Innovative and ......read more

    Protect your Car against All Imperfections with V-KOOL

    10 April 2017 - Dubai, UAE: A car is one of the biggest investments one would make and quite naturally it is expected to be as flawless through the test of time. However, that’s just not the case. Most cars undergo a bumpy ride each day, get beaten by the weather and are faced by the agony of pebbles and road debris, which can take nicks out of the paint. However, there are ways to protect the appearance of your car!  A quick and easy fix would be a regular wash and wax and adding a buff would be a step further. But, if you are looking for something long-term, the best available option would be to add an invisible Paint Protection Film to the most vulnerable spots on the car. It offers a strong defense not only against stones and bird dropping but also helps when it comes to shielding your automobiles, from ......read more

    Centrepoint Pilot ‘Store of The Future' opens its doors at Doha Festival City

    Dubai, 10th April, 2017:  Centrepoint, Middle East’s largest fashion retailer, heralds the future of its retail stores with the opening of its re-designed concept format at Doha Festival City. The new store opened amidst high anticipation from customers on 5th April, 2017. It is one of the cornerstones of the shopping mall with a retail space of 58,092 sq. ft. split on 2 levels making it the fourth-largest retail offering in Doha Festival City.  The flagship store houses a Café, Kids’ Entertainment area, and customer-centric shopping environment, where the future-focused retailer has striven to enhance the digital experience at its store for the visually-driven millennials and younger families that it is increasingly catering to. Interactive tablets are placed throughout the store prompt customers on star ......read more

    G & Co and Fortune 5 launch The Fields Sales Centre

    Dubai, UAE, April 9, 2017:  Dubai’s leading developer G & Co and one of the leading real estate brokerage agencies Fortune 5 recently launched The Fields Sales Centre located in Mohammed Bin Rashid City at a ceremony attended by more than 300 real estate professionals. The newly opened state of the art Sales Centre spread over 7,000 square feet will offer real estate agents a platform to showcase the Cassia family homes at the Fields, District 11, MBR City. “It is important to showcase the developer’s track record, delivered projects and developments currently under construction and its ambitions moving forward. This Sales Centre reflects the high standards and values upheld by the developer G & Co. Fortune 5 has had a long history with G & Co and we are proud of this association. Our values and beliefs ......read more

    Other Top Stories from Real Estate
     
    The Department of Land and Real Estate Regulatory of Ajman showcases benefits and advantages of investing in Emirate's thriving real estate segment at Restatex Riyadh 2017

    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 leading decision makers, officials and executives from top Saudi, regional and international real estate developers. During their presence at the event, the Department of Land and Real Estate ......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.  He came back to the Middle East in 2002 as the Vice President International Lodging Development for Marriott International where, during his tenure he signed more than 40 hotels across the region. ......read more

    BPIFrance and Societe Generale Partner with Business France to bring French Expertise in Technology and Industry to GCC Smart Cities

    Dubai, 09 April 2017 •    Mission to align with growth of digital economy and smart cities in the UAE and KSA •    12 French industry experts to bring their skills and knowledge to help local business grow Bpifrance (French Public Investment Bank) and Societe Generale Middle East partner with Business France to bring companies to the Gulf Cooperation Council to help advance the region’s commitment to the digital economy and innovation in urban development. A select delegation of 12 enterprises from France will spend a week in Dubai and ......read more

    Landmark Group Founders Inducted into Retail Hall of Fame

    Micky and Renuka Jagtiani honoured at 2017 World Retail Congress  Dubai, UAE: April 8, 2017 – Landmark Group, a Dubai-based multinational conglomerate, today announced that its founder and Chairman Micky Jagtiani and Vice Chairperson Renuka Jagtiani were inducted into the Retail Hall of Fame at a private ceremony held during the 2017 World Retail Congress at Madinat Jumeirah Hotel in Dubai.  The Jagtianis join Armanico Ortega (Inditex), Ingvar Kamprad (Ikea), Tadashi Yanai (Fast Retailing Uniqlo) and Sir Philip Green (Arcadia) and other global retail icons in the Hall of ......read more

    Thousands join in Doha Festival City's opening day celebrations

    As the Mall opens its doors with a celebratory bang, the Mall promises even more entertainment and surprises are yet to come!  Doha, 6th April 2017: Doha Festival City, the largest entertainment, retail and hospitality destination in Qatar, managed and operated by Al-Futtaim, opened its doors to the public yesterday, 5th April 2017. Thousands of visitors flocked to the new Mall from 10am to be amongst the first to shop, dine and be entertained. With something for everyone, visitors enjoyed the country’s biggest Marks & Spencer, the market’s first West Elm, the much ......read more

    P&O Ports Wins Usd $ 336m 30-year Concession for Port of Bosasso in Puntland

    Dubai, United Arab Emirates, 6 April 2017: P&O Ports has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia. The approximate investment for the modern multi-purpose facility will be USD $ 336m (approx. AED 1.235b) divided into two phases:  USD $136 million (approx. AED500m) for Phase 1 and USD$ 200 million (approx. 745m) for phase 2.   President of Puntland, H.E. Abdiweli Mohamed Ali and the Chairman of Ports, Customs & Freezone Corporation (PCFC), Sultan Ahmed bin Sulayem signed the ......read more

    Fun and games continue with '60 Seconds to BurJuman' these school holidays!

    Think you have what it takes to conquer all seven tasks in the 60 Seconds to BurJuman? Come down to BurJuman before 15 April and test your skills for your chance to win some great prizes! Customers spending more than 100AED at BurJuman can compete for their chance to win great prizes from some of their favourite BurJuman retailers.    Open to everyone aged six and older, the 60 Seconds to BurJuman adventure game is sure to text your skills and dexterity these school holidays.  ...read more

    Ras Al Khaimah's Real Estate Sector grows 45% over 5 Years

    Ras Al Khaimah – UAE – 4 April 2017: The size of the real estate sector in Ras Al Khaimah expanded considerably between 2011 and 2015, increasing from AED 3.401 billion in 2011 to AED 4.947 billion in 2015, a total percentage of growth of 45%, according to a study by Ras Al Khaimah Chamber of Commerce on the real estate sector in the Emirate. Total annual growth of the real estate sector amounted 15% per annum over the period 2011-15, compared to 18.3% per annum for the building and construction sector, and 14.5% per annum for leasing and business services over the same period. ......read more

    Dubai Land Department launches "Know Your Rights as a Real Estate Investor in Dubai" guide to spread a safe real estate culture

    AED 77 billion of Dubai real estate transactions during the first quarter of 2017 Bin Mejren: A new law issued for rents in Dubai Dubai, UAE, April 4, 2017: The Dubai Land Department revealed the results of real estate transactions during the first quarter of 2017. His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department announced the value of real estate transactions that reached AED 77 billion through 20 thousand real estate transactions. Dubai Land Department (DLD) hosted a media gathering as part of the ‘Ask the Leader’ initiative organised by ......read more

    13th edition of the International Property Show 2017 kicked off on a grand note

    According to a recent report by REIDIN, Dubai is the only city that has consistently provided yields above the 7 per cent mark, whereas the average in other cities has been closer to 4.5 per cent Dubai, UAE, April 3, 2017:  The 13th edition of International Property Show kicked off today, on Sunday April 2nd 2017 in Dubai World Trade Centre. The show is being organised in conjunction with the Annual Investment Meeting which gives the exhibitors an added opportunity to meet potential investors. Companies from varied countries are participating at the show, including UAE, KSA, USA, ......read more

    Robinsons Enchants at its Flagship Store Opening in Dubai

    Founded in Singapore in 1858, Robinsons took Dubai by storm during its official opening at Dubai Festival City Dubai, UAE, April 1, 2017:  As the sun set over the creek in Dubai Festival City, Robinsons opened its doors with an exclusive VIP launch event. The store of inspiration created an immersive shopping experience and enchanted guests by different discovery areas of fashion, beauty, art and culture. Al-Futtaim, one of the most progressive regional business houses headquartered in Dubai, brought the leading fashion department store Robinsons to the GCC and the Middle- ......read more

    Global Manufacturing & Industrialisation Summit, Abu Dhabi - Head-To-Head Keynote Interview: The Next 50 Years

    H.E. Mohammad Abdulla Al Gergawi, Minister of Cabinet Affairs and the Future, UAE Ministry of Cabinet Affairs H.E. Khaldoon Khalifa Al Mubarak, Chairman, Executive Affairs Authority of Abu Dhabi; Managing Director and Group Chief Executive Officer, Mubadala Moderator: Simon Baptist, Group Chief Executive, EIU, The Economist ...read more

    UAE Ministers Say Energy, Human Capital Key to Sustainable Economies, During Global Manufacturing and Industrialisation Summit Interview

    HE Eng. Suhail Al Mazrouei, UAE Minister of Energy, and HE Dr Thani Al Zayoudi, UAE Minister of Climate Change and Environment, discuss the need to adopt sustainable practices for future prosperity Global Manufacturing and Industrialisation Summit held at the Paris-Sorbonne in Abu Dhabi from March 27-30, 2017 Abu Dhabi, UAE, March 30, 2017:  Day one of the Global Manufacturing and Industrialisation Summit (GMIS), taking place at the Paris-Sorbonne in Abu Dhabi, saw a keynote interview session with HE Eng. Suhail Mohamed Faraj Al Mazrouei, UAE Minister of Energy, and HE Dr Thani ......read more

    Move from low-tech to high-tech signals move from human to machine, Asian business leaders tell Global Manufacturing and Industrialisation Summit

    Next-generation manufacturers must focus on innovation, removal of distribution barriers and improved speed of delivery Empowering youth with the high-tech skills required to drive the Fourth Industrial Revolution is vital to sustaining economic growth  Abu Dhabi, UAE, March 30, 2017:  “The transition from low-tech to high-tech manufacturing across Asia Pacific,” was the theme of a high-level panel discussion delivered representatives from business leaders from across Asia on the first day of the Global Manufacturing and Industrialisation Summit (GMIS), taking ......read more

    E-City reveals launch of new 'DJI Mavic Pro' drone in Dubai

    March 29, 2017 – DuPont Protection Solutions today announced that it is kicking off a year-long celebration of the 50th anniversary of DuPont™ Nomex®, an inherently heat- and flame-resistant fiber used to help provide protection to millions of people and critical processes worldwide.  Throughout the year, a series of celebratory events and activities will be held to not only mark this major milestone, but to focus on the future.  A new brand platform, Nomex® Never Quit™, was developed to coincide with the 50th anniversary.  Never Quit™ ......read more

    Karstadt department stores open up for international retail

    Well-established German retailer transforms into omnichannel organisation Karstadt offers its excellent locations, expertise and reputation Initial talks at World Retail Congress 2017 in Dubai Dubai, UAE, March 29, 2017:  Karstadt, a German department store organization, is successfully promoting its transfor-mation into an omnichannel retail platform in Central Europe. After a remarkable turnaround in 2015/2016, the well-established traditional retailer is now opening its retail space to the international market. Foreign offline players as well as pure online-players have ......read more

    Falconcity of Wonders ends Dubai Property Show China 2017 rounds on high note

    UAE, March 28, 2017 – Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project arising in Dubai, has recently concluded its highly successful participation in the Dubai Property Show China in Shanghai. Falconcity of Wonders entertained a high volume of inquiries on its iconic ‘The World in A City’-themed commercial, residential and entertainment complex.  China invested AED 1.74 billion in Dubai’s real estate market in 2016 to rank among the emirate’s Top 10 foreign property investors. Falconcity of Wonders ......read more

    The All New BurJuman

    About BurJuman  Launched in 1992 by the Al Ghurair Group, BurJuman was one of Dubai’s first major shopping malls, setting a new standard for the city’s retail scene. Centrally located in Bur Dubai at the heart of the city’s business and heritage districts, BurJuman offers direct links via both Dubai Metro Lines at interchange BurJuman Station and has easy access to major highways such as Sheikh Zayed Road, ensuring quick and easy connectivity to the rest of the city and beyond. BurJuman thus has a well-established status as a true destination mall hosting a great ......read more

    Dubai Industrial Park Emphasizes Sustainable Industrial Development as Key Tool for Enhanced Competitiveness at GMIS 2017

    Event is Organized by UAE Ministry of Economy, United Nations Industrial Development Organization (UNIDO) Dubai, UAE: 27 March, 2017:  Dubai Industrial Park, the dedicated industrial hub within Dubai Wholesale City and member of TECOM Group, is marking its participation in the Global Manufacturing and Industrialisation Summit(GMIS), during which senior representatives will shed light on the fundamental challenges in the region’s manufacturing sector. Running from March 27-30 at Abu Dhabi’s Paris Sorbonne University, the Global Manufacturing and Industrialisation Summit ......read more

    Pritzker Architecture Prize Goes to UAE Project's Architects

    RCR, Designers of Muraba Residences Palm Jumeirah, Awarded Architecture’s Highest Honour  Dubai, UAE, March 27, 2017:  The work of RCR Architects, designers of Muraba Residences on Dubai’s Palm Jumeirah, has been recognised with the Pritzker Architecture Prize, considered to be one of the world's premier architecture awards. The prize honours architects who have a significant impact, knowledge and interest in advancing great building design and humanity through the art of architecture. Past winners of the award include such luminaries as Jean Nouvel, Zaha Hadid, ......read more

    Dubai Land Department showcases its ‘Investment Map' and ‘Real Estate Promotion Trustee' initiatives on the first day of Dubai Property Show in Shanghai

    25 local real estate companies promote Dubai as an attractive investment hub for China Dubai Land Department presents its latest technologies and projects to highlight its leading services in the real estate sector Dubai - United Arab Emirates, March 23, 2017:  Dubai Land Department (DLD) highlighted several of its pioneering initiatives during the first day of the Dubai Property Show in Shanghai as the strategic partner of the event, which was inaugurated today on Friday 24th March and will run for three days until Sunday 26th of this month. DLD’s participation is ......read more

    Falconcity of Wonders to connect Chinese with top Dubai projects as Platinum Sponsor of Dubai Property Show China

    UAE, March 22, 2017 – Falconcity of Wonders LLC, the developer of Falconcity of Wonders (FCW), the multipurpose megaproject currently being built in Dubai, has confirmed its participation at the upcoming Dubai Property Show (DPS) – Shanghai running from March 24 to 26, 2017 at the Shanghai World Expo Exhibition & Convention Centre in Shanghai, China. The developer will connect China’s leading entrepreneurs, investors, and high-net-worth individuals with Dubai’s dynamic real estate community with a focus on its ‘The World in A City’-themed ......read more

    Dubai realty showcase in Shanghai to attract Chinese investments

    Land Department and 25 Dubai real estate companies set to participate at Dubai Property Show being held from 24th -26th March in China 21th March 2017; Dubai, UAE:  Dubai developers are all geared to showcase the best of Dubai real estate opportunities to the Chinese investors at the upcoming Dubai Property Show that will be held in Shanghai, China from 24th -26th March, 2017 at Shanghai World Expo Exhibition & Convention Center. This will be the 6th global edition of the popular exhibition which has been instrumental in promoting Dubai real estate to key investor markets which ......read more

    IKEA Spreads Cheer on International Day of Happiness

    Nearly AED 20,000 of goodies were hand-gifted to customers in Dubai and Abu Dhabi Dubai, 20th March, 2017:  Swedish home furnishing retailer, IKEA - part of Al-Futtaim – marked International Day of Happiness this morning with a series of ‘Happiness Drops’ at Dubai Festival City as well as in-store at both its Dubai and Abu Dhabi locations.  Throughout the day IKEA chose shoppers at random and surprised them with nearly AED 20,000 of gifts to brighten their day. The activity was in recognition of the globally recognised day, designed by Action for Happiness ......read more

    Kuwaiti real estate investment in Dubai's realty market crossed AED 2 billion in 2016

    International Property Show 2017 to provide direct retail property transactions from 2-4 April 2017; Kuwaiti Investors buoyant on real estate  Dubai, UAE, 20 March 2017:  International Property Show 2017, which will be held from 2-4 April 2017, at the Dubai World Trade Center, is expected to attract a wide range of visitors from Kuwait. This comes at a time Kuwaiti investors are more demanding realty investments in Dubai in the form of villas, apartments and offices.  In 2016, the number of Kuwaiti investors in Dubai’s real estate market has increased to reach 770 ......read more

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