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    Featured in Real Estate
    Deloitte GCC Powers of Construction report: If it's fundable, it's feasible

    Dubai, UAE, February 21, 2018:   Deloitte has just launched the eighth edition of the GCC Powers of Construction report, which provides an overview of the construction industry performance in the gulf countries. The report cites a robust pipeline of projects currently in the planning stages, which indicates there is still demand for construction projects, driven by social needs, initiatives associated with economic transformation plans, government’s commitment towards investment in infrastructure, as well as tourism related projects. Deloitte’s report highlights the importance of greater private sector participation to improve the delivery of social services, including healthcare, education, transportation and utilities infrastructure.  Cynthia Corby, Audit Partner and Infrastructure & Capital ......read more

    Catch Some Zzz's in the IKEA Nap Truck

    IKEA launches a one-of-a-kind ‘Nap Truck’ for the snoozy public - find the truck and take a power nap as it travels across Dubai, Abu Dhabi and Al Ain from 22 February to 6 March United Arab Emirates, 21st February 2018:  IKEA, the much-loved Swedish retailer, is going out on the road for two weeks to help members of the public catch up on their sleep in the ‘IKEA Nap Truck’.  Complete with a beautiful bedroom to instil rest and relaxation, sleepy passers-by, visitors and fans of the brand will be able to try this one-of-a-kind mobile sleep experience and take a 20-minute power nap.  According to IKEA’s recent survey* one in three people in the UAE believe they miss out on many hours of sleep and if they could, they would take back an equivalent of two and half weeks’ worth of ......read more

    Shopping discount site Savioplus comes to UAE Market for all

    Dubai, UAE, February 21, 2018:  Savioplus a leading coupons and deals website in India, has ventured beyond its home ground and comes online in UAE this month.  SavioPlus is a new website that has been launched to provide best products, leading brands, the best and latest coupons to India two month back and after seeing huge potential in middle east market now they lunched in UAE market. Collaborated with more than 500 online merchants and the number of brands this online platform avail coupons across the wide range of category in the country.  As, online shopping gives people more bang for their buck. Discounts, deals, coupons and flash sales make for a happy shopper. And deals or vouchers sites add to that joy. Shopping online has come a long way and has become the other market trend that has fascinated the number ......read more

    One-year-old Emirati wins a brand new Nissan Patrol Nismo

    Nation Towers reports most successful Shop & Win season, registering record numbers over 2016    Abu Dhabi, February 21, 2018 -   Nation Galleria, Abu Dhabi’s high-end boutique retail destination at Nation Towers, welcomed its festive seasonal ‘Let’s Celebrate’ Shop & Win campaign for the second year, from November 2017 to January 2018. The luxury retail destination reports a record year of campaign success, with a major average increase in voucher redemption, compared to 2016 campaign shopper engagement.    This year, Nation Towers celebrated and enhanced the retail experience with an array of vibrant entertainment acts catering to families and friends of all ages. Lucky Hamdan Zayed, aged one, won the Grand Prize, a brand new Nissan Patrol Nismo.    Further ......read more

    Abu Dhabi Ship Building Achieves its Second Highest Profit in its History

    ADSB’s gross profit and net profit both increased compared to 2016 Abu Dhabi, UAE, February 20, 2018 –   Abu Dhabi Ship Building PJSC (ADSB) has released its financial results for the financial year ended 31 December 2017. The report was accompanied by a statement from the Chief Executive Officer, Dr. Khaled Al Mazrouei, who provided highlights from the successful business year. Overall, 2017 was another positive year for ADSB, as the company surpassed targets, re-branded its market position, and continued to build on the momentum from all operational segments. In his statement, Dr. Al Mazrouei called attention to the even more improved financial position of the company, including increased gross profit (from AED 256.1 million in 2016 to AED 277.1 million in 2017), and increased net profit (from AED 61.3 ......read more

    Hira Walraven bolsters its presence in the Middle East with a new facility valued at AED 20 million

    Dubai, UAE, February 19, 2018:  Consolidating its presence in the UAE, the fixing systems division of Hira Industries LLC and Walraven Group of the Netherlands announced the opening of a new facility called Hira Walraven - valued at AED 20 million. The new facility located at National Industries Park (NIP) is the only dedicated facility for fixing systems in the UAE.  The new facility will be a central distribution warehouse, with a factory to manufacture products as pipe support clamps, support channels and rubber support inserts. The other major product lines of Hira Walraven products include light duty and heavy duty channels, anti-vibration products, mechanical and chemical anchors.  

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    Dubai Festival City marks successful first ever Nike+ Run Club edition

    Dubai, United Arab Emirates, 18 February 2018: For the first time ever, Dubai Festival City welcomed over 150 fitness enthusiasts during Nike+ Run Club’s ‘My First Run’ edition held over the weekend. Featuring expert coaches Luke Gaffney and Enisa Glavovic and pacers, first-time runners made their first step to a lifetime of running. Participants were taken on a 4-5km course across Dubai Festival City’s picturesque views - the perfect way to kick-off the weekend. Ideal for those looking to enhance their lifestyle experiences and for visitors hoping to indulge in the local fitness scene, Dubai Festival City presents the perfect place for the family and loved ones to revel in. Residents and visitors to Dubai are sure to find an activity they love at the multipurpose venue which will also serve as the perfect ......read more

    DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of AED 7.5 billion for FY 2017

    Financial Highlights for year ended 2017: Revenue at AED 7.5 billion  Gross profit at AED 3.6 billion  Net profit at AED 2.8 billion Booked sales of AED 7.5 billion  Earnings per share of AED 0.46 Board proposed dividend of AED 1.5 billion (AED 0.25/share) Dubai, United Arab Emirates – 14 February 2018: DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for year ended 2017, reporting total revenue of AED 7.5 billion, a 4 % increase over last year and net profit of AED 2.8 billion.   DAMAC also announced it has delivered 20,236 units as of 31 December 2017, marking a milestone for the company and the industry as a whole.   Gross Profit for the year is at AED 3.6 billion, 9% lower than last year as gross ......read more

    Al Qattara Investments reveals expansion plans for Al Ain

    Al Qattara Investments rebrands the Hazza Bin Zayed Stadium development and launches Al Ain Square    United Arab Emirates, Al Ain, February 14, 2018:   Al Qattara Investments, the name behind the vibrant mixed-use development in Al Ain, has revealed its new brand identity, the rename of Hazza Bin Zayed Community to Al Ain Square, and furthermore the firm’s future plans for the city of Al Ain.    The announcements took place during a press conference in Al Ain’s Hazza Bin Zayed Stadium. The press conference was attended by excellencies and high profile dignitaries from Abu Dhabi and Al Ain.   The announcement marks the development of the community’s third phase, including residential, commercial and community facilities. Phase one and two were completed in 2014 and ......read more

    Robinsons Honored for Outstanding Store Design

    The UAE’s largest department store bursts onto the top ten list of the World Retail Awards   Dubai — February 14, 2018 —   Robinsons, the largest department store in the UAE, has been on the finalists list for the World Retail Awards and was recognized for the 2018’s Outstanding Store Design for stores larger than 1200sqm. For the last ten years, the World Retail Awards have recognized the highest standards of excellence in store design, as well as the very best retailers and retail initiatives across a range of categories.   The Robinsons story began on 25 February 1858, when John Spicer and Philip Robinson founded Spicer and Robinson in Singapore. Since then, Robinsons’ pioneering spirit has kept them at the forefront of Asian retail. In 2008, the Al-Futtaim Retail Group ......read more

    Al Ahli Holding Group to redefine the UAE value shopping category through an AED 1.25 billion Islamic club financing facility for Dubai Outlet Mall expansion

    Dubai Outlet Mall to add 3 million square feet in its expansion Dubai Outlet Mall celebrates 10 years as a premier value-shopping destination as it looks to enhance its leadership in the UAE retail arena   Dubai, United Arab Emirates (February 13, 2018):   Seeking to redefine the value shopping space in the UAE retail arena, Al Ahli Holding Group announced a significant development in the Dubai Outlet Mall expansion today. Dubai Outlet Mall secured an Islamic club financing facility worth AED 1.25 billion for the expansion and general corporate purposes. Dubai Outlet Mall is part of the Al Ahli Holding Group, which is a major UAE conglomerate.   Dubai Islamic Bank acted as the coordinator, mandated lead arranger, bookrunner, investment agent and security agent for the transaction with Ajman Bank, Al ......read more

    A Gift for Everyone on SOUQ.com's Valentine's Day Gift Shop

    Find gifts for him, her, kids and even your beloved pets effortlessly on SOUQ   8th February, 2018, Dubai, United Arab Emirates:  On what’s considered as the most romantic time of the year, the love smitten couples can think of only one thing “where can I get the perfect present for the love of my life?” If you are running out of ideas and time with your busy schedules, your best solution is here at SOUQ.com, where lovers can avoid the hassle of gift hunting and buy your beloved a gift to cherish. Whether your loved one is your better half, your pet or even your kids, SOUQ has unveiled a huge assortment of gifts for all of them! From gorgeous flowers, scrumptious chocolates, cuddly soft toys and jewelry for your lady love to fashionable clothes, grooming sets and gadgets for your handsome gent to ......read more

    Special Chinese New Year Show on Festival Bay

    Dubai Festival City Mall to host Chinese New Year celebrations with special IMAGINE Laser & Water Show and retail offers across 90 different outlets from 15th – 24th February 8th February 2018, Dubai, UAE:   Celebrating the ‘Year of the Dog’, Dubai Festival City Mall is the place to be this Chinese New Year from the 15th to the 24th February with special offers and events across 90 outlets for shoppers to enjoy. The two-time Guinness World Record breaking, show like no other - IMAGINE, will celebrate with a special not to be missed Chinese New Year show.  ‘Festival Bay will turn red’ in celebration of the Chinese lucky colour, a symbolism for joy and fortune.  GRAZIA Middle East will exhibit a unique display of ‘Simply Red’ fashion around Dubai Festival City Mall, ......read more

    Pearl Rotana Abu Dhabi appoints new General Manager ahead of March 2018 property launch

    Karim Nahas brings nearly three decades of experience to the role  Abu Dhabi, UAE, February 7, 2018:   Rotana Hotel Management Corporation PJSC has announced the appointment of Karim Nahas to the role of General Manager at the soon-to-open Pearl Rotana Abu Dhabi. The new hotel is set to open in the heart of Capital Centre - Abu Dhabi, the city’s bustling business district, at the beginning of March 2018.  Nahas brings nearly three decades’ of regional experience in the hospitality industry to the role. As General Manager at Pearl Rotana Abu Dhabi, he will oversee the upcoming launch, as well as all management functions, hotel operations and innovative strategy.   Nahas arrives at the Pearl Rotana Abu Dhabi after two successful years as General Manager at Towers Rotana, Dubai. He first ......read more

    Hilton Dubai offers a romantic staycation to celebrate Valentine's Day

    This year, make it a night to remember with the special room and dinner packages from Hilton Dubai Jumeirah and Hilton Dubai Creek  Dubai, February 7, 2018 –   This year, Hilton Dubai has crafted two heartwarming offers for the most romantic day of the year. Hilton Dubai Jumeirah and Hilton Dubai Creek, two of city’s most iconic properties, will be treating couples to a perfect staycation on the 14th of February, including an intimate dinner, a cozy overnight stay and a scrumptious breakfast the next morning.    Hilton Dubai Creek, the five-star hotel ideally located at Dubai Creek, is offering couples the opportunity to indulge, dine and create memories. Starting the evening is a five-course romantic dinner at Table 9, featuring signature dishes such as a tantalizing duck prosciutto with sweet ......read more

    The month of innovation kick starts at Dalma Mall, Abu Dhabi

    Abu Dhabi, United Arab Emirates - 6 February 2018:  February is shaping up to be an exciting and eventful month at Dalma Mall, as the Ministry of Interior’s exhibition highlighting the different innovative ideas and creative inventions have been brought to life in the Emirate of Abu Dhabi at the Mall’s central atrium. This exhibition took place in recognition of the Month of Innovation and showcased a wide range of tools, gadgets, devices and much more from 1– 6 February 2018, a per the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.  Innovation enthusiasts came together to get an exclusive look at latest ideas and inventions of the Ministry of Interior has exhibited. Several exciting activities took place such as fun games ......read more

    Hormann extends its perimeter protection offerings with lift barriers that meet stringent safety conditions

    Dubai, UAE; February 06, 2018:   Hormann, a leading provider of doors, gates, frames and operators in the region; has introduced new lift barriers equipped with EFO (Emergency Fast Operation) emergency function to secure passages of up to 10 meters in width. They are suitable for very frequent use, capable of managing approximately 2000 movements in a day; and come with a long service life equivalent to approximately 3,000,000 movements. The new lift barrier H version from Hormann along with its integrated hydraulic operator is 1300 mm in height and up to 10m in length; and it is fitting with low foundation depths. Its speed lifting is the same as its speed lowering which is 18.5 cm/s.  Commenting on the launch, Darius Khanloo, managing director, Hormann Middle East and Africa, said: “The lift barrier is a ......read more

    Omniyat Brings Ultimate Luxury Hospitality Brand Dorchester Collection to Dubai

    The new project is confirmed for one of the largest waterfront plots in Dubai’s Marasi district; includes luxury hotel and residences  Dubai, UAE, February 06, 2018:  Omniyat is bringing the famous and historical Dorchester Collection brand to Dubai for the first time with an iconic new development on the banks of Dubai Canal. The collaboration between the Dubai-based high-end developer and the luxury hospitality brand is a long-term agreement that will be rolled out in the coming years, putting Dubai on the same globally important footing for Dorchester as its established hotels in locations such as London, Rome, Beverly Hills and Paris. The project will include a 5-star hotel and luxury residences, managed by Dorchester Collection, at Marasi.  In addition to the new development, full details of which ......read more

    Zak World of Façades Middle East to highlight disruptive and digital technologies in modern façade design & engineering

    Dubai, UAE; February 5, 2018:  The fourth edition of the Zak World of Façades, the region’s premier conference on façade design and engineering, will focus on the latest innovations and challenges in the construction industry pertaining to the building envelope, and digital impact on modern façade design.  A line-up of industry leaders is confirmed to speak at the event including Filippo Lodi, Head of Innovation and Knowledge Management, UNStudio; John Kim, Design Director, AE7; Richard Fenne, Principal, Woods Bagot; Mathieu Meur, Director - Technical, DP Architects; Armin Buchbinder, Head of Design, BSBG; Benjamin Beer, Technical Director, Meinhardt Façade Technology and others. According to Syed Zakir Ahmed, Chairman and Managing Director of ZAK conference, “Among the GCC countries, the UAE leads the ......read more

    Dubai Festival City announces Dubai Food Festival 2018 lineup of events

    Dubai, United Arab Emirates, February 4, 2018:   Food lovers across Dubai are in for a special treat as Dubai Festival City, Al-Futtaim Group Real Estate’s fully integrated mega project, has pulled out all the stops to provide a gastronomical adventure across its retail, residential and hospitality destinations during Dubai Food Festival.  Dubai Festival City Mall will turn into a foodie’s paradise with the popular five-week long Festival of Flavours from the 7th of February until the 10th of March filled with special offers, instant prizes at over 75 different restaurants and cafes.  Introduced for the first time this year is the Organic Souk at Dubai Festival City where visitors can enjoy a diverse selection of the freshest organic local produce, daily picked and ready for purchase. The Organic ......read more

    Ishraqah announces Khansaheb Civil Engineering as the fit-out contractor for Zabeel House by JumeirahTM - The Greens which is expected to open in Q4 2018

    Khansaheb Civil Engineering has been appointed as the fit-out contractor for the first hotel announced by Jumeirah Group under the Zabeel House by Jumeirah TM brand. DUBAI – February 04, 2018:  Ishraqah for Development Limited, a leading UAE based developer, has announced its first hotel at The Onyx Project, located on Sh. Zayed Road, in the Greens master development. The hotel is scheduled to open in quarter four of 2018. Zabeel House by JumeirahTM - The Greens is the first hotel to be announced under the Zabeel House by Jumeirah TM brand. The Onyx is Ishraqah’s prestigious freehold project, which along with the hotel, consists of residential and commercial towers and three levels of retail shops and restaurants in the podium, making it a key local community destination in Dubai.  Khansaheb Civil Engineering, ......read more

    World's largest gold ring goes on display at the Sahara Centre

    Sharjah, United Arab Emirates, 28 January 2018:   Sahara Centre, Sharjah’s leading retail, entertainment and leisure destination, is proud to be displaying the world’s largest gold ring, Najmat Taiba (Star of Taiba), for the pleasure of its discerning visitors. Customers at the mall will enjoy an exclusive opportunity to view the USD 3 million masterpiece as it becomes Sharjah’s star attraction this month.  The 21-carat Najmat Taiba, which has been recognised by the Guinness Book of World Records and endorsed by the World Gold Council, weighs almost 64 kilograms (141 pounds) and is studded with 5.1 kilograms (11 pounds) of precious stones and diamonds, as well as 615 Swarovski crystals. 55 jewel smiths worked for 10 hours a day for 45 days to craft the ring, which is owned by Dubai-based company Taiba ......read more

    Hormann introduces road blockers for optimized security of entrances and exits

    Dubai, UAE; January 22, 2018:   Hormann Middle East and Africa has launched road blockers with optional EFO (Emergency Fast Operation) to secure passages up to 6 m wide.  They are available in the Road Blocker 500 variant from Hormann with a barrier height of 500 mm or in the Road Blocker 1000 version with a barrier height of 1000 mm. Road Blocker 500 SF is suitable for fitting on finished floor surfaces since no groundwork is required. There are also lift barriers available to safeguard controlled entrances and exits up to 10 meters in width. They are suitable for very frequent use and meet high safety requirements. Also available are tyre killers that enable controlled, uni-directional passage while preventing passage in the other direction. While Hormann’s Tyre Killer M variant is suitable for average use ......read more

    There's No Stopping the Shopping as Yas Mall Extends Sales Until 31 January

    Abu Dhabi, 22 January 2018:  Yas Mall, the largest mall in Abu Dhabi, is the only mall in the UAE to extend its sale until 31st January, enabling its visitors take advantage of incredible discounts and special offers. Yas Mall’s sales are known to offer incredible value, and now with this extended sale, there’s nothing stopping visitors from finding amazing deals! For those looking to refresh their wardrobe or home, Yas Mall’s extended sale will include discounts across the mall including popular brands such as Debenhams, Centrepoint, The One, Virgin Megastore, Stadium, H&M, House of Fraser, plus many more.  Catering to a wide audience, the sale will include further reductions across all segments including fashion & accessories, sports, electronics and home furnishing so that there is something ......read more

    Dubai Industrial Park Announces AED135 Million Investment in Expanding Infrastructure

    Wade Adams appointed to complete first phase of infrastructure addition Project to span 16 million square feet  Dubai-UAE: 21 January, 2018:  Dubai Industrial Park (DI), a designated district within Dubai Wholesale City (DWSC), today announced the AED135 million infrastructure development and road expansion project spanning an area of 16 million square feet that is set to commence on its premises.   The expansion works stem from the park’s commitment to pre-emptively address the potential growth of the industrial sector in Dubai and wider UAE, which reflects the strides of the Dubai Industrial Strategy since its launch 2016. The contract has been awarded to Wade Adams, a Dubai-headquartered general construction and project development company with international experience.    As the ......read more

    Other Top Stories from Real Estate
     
    DuPont Named to Clarivate Analytics 2017 Top 100 Global Innovator

    January 28, 2018 – DuPont was named a 2017 Clarivate Analytics Top 100 Global Innovator for the seventh consecutive year. The annual report, based on proprietary data, recognizes corporations and institutions around the world that are at the heart of innovation – creating breakthrough technologies and bringing them to market and achieving commercial success. Some of DuPont’s newest innovations include: DuPont™ Intexar™ smart clothing technology used for sports, fitness and wellness, DuPont™ Temprion™ portfolio of thermal management ......read more

    Awqaf and Minors Affairs Foundation Inaugurates Khalaf Ahmad Al Habtoor's Endowment Project Worth AED8 Million

    Dubai-UAE: 21 January, 2018 –   Marking the commencement of ‘Year of Zayed’, Awqaf and Minors Affairs Foundation (AMAF) today inaugurated the first endowment residential and commercial project in Al Bada’a area of Dubai, funded by an endowment from Khalaf Ahmad Al Habtoor, Chairman of Al Habtoor Group. Proceeds from the project will be allocated to AMAF’s general charity mandate.  His Excellency Tayeb Al-Rais, Secretary General of AMAF, Khalaf Ahmad Al Habtoor, Omar Juma Kalandar, Director of AMAF’s Endowment Development Department, and ......read more

    ADSB to Collaborate on Sustainment and Supply Chain Services with Rolls-Royce

    21 January 2018 – Abu Dhabi, UAE:   Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, and strategic partner to the UAE Armed Forces, has partnered with Rolls-Royce to lay the groundwork for the provision of enhanced naval shipbuilding, repair and refit services across the GCC.  Dr. Khaled Al Mazrouei, CEO of ADSB, and Leo Pantazopoulos, Rolls-Royce’s Senior Vice President, Asia & Middle East, signed a Memorandum of Understanding (MoU) that will see the companies move ......read more

    Masdar and Abu Dhabi Department of Transport to collaborate on sustainable, electrical and autonomous transport technologies

    Abu Dhabi, United Arab Emirates; January 20, 2018 –  The Department of Transport – Abu Dhabi and Masdar, Abu Dhabi Future Energy Company, have signed a Memorandum of Understanding (MoU) to cooperate in the study, testing and evaluation of sustainable, electrical and autonomous transport technologies.  His Excellency Khalifa Mohamed Al Mazrouei, Undersecretary of the Department of Transport, and Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer, signed the agreement at Abu Dhabi Sustainability Week 2018. The multifaceted partnership aims to establish ......read more

    Is this Abu Dhabi's Most Lavish Valentine's Day Deal?

    Caviar, Bubbly, and Bespoke Spa and Dining Epitomize Luxury Resort’s Cachet Abu Dhabi, United Arab Emirates, January 17, 2018 –  February 14th will be a dream come true for some couples, with a deluxe Valentine’s Day deal at The St. Regis Saadiyat Island Resort, Abu Dhabi. Including an overnight stay in the hotel’s spacious sea-facing Spa Suite or Ocean Suites, valued at AED 15,730* and AED 9,982* respectively, The St. Regis Valentine’s Day Romance package is surely the UAE capital’s most lavish offer of the holiday. Upon arrival in their ......read more

    Dubai Outlet Mall celebrates DSF 2018 with amazing attractions for shoppers

    Chance to win prizes up to AED 1 million, opportunity for a Hollywood Getaway and wonderful bargains to delight shoppers Kite Fiesta 2018 will be a wonderful visual spectacle for visitors Dubai, UAE (January 16, 2018): –  Dubai Outlet Mall has unveiled a range of attractions for the 23rd edition of the Dubai Shopping Festival (DSF) to delight shoppers. From substantial prizes, opportunity for a Hollywood getaway, wonderful bargains to a marvelous visual spectacle with kites, DSF 2018 at Dubai Outlet Mall will be an amazing experience for shoppers. Customers will ......read more

    DSI in advanced stages of negotiation for AED 1 billion worth of contracts with Wahat Al Zaweya in Al Ain

    UAE, January 15, 2018 - Drake & Scull International PJSC (DSI), a regional market leader in engineering and construction services, has announced that its general contracting subsidiary, Gulf Technical Construction Company (GTCC), is negotiating AED 1 billion worth of contracts with Wahat Al Zaweya in Al Ain, and has also been awarded as part of the negotiations a AED 250 million contract to develop the Nasayem project in Wahat Al Zaweya. Under the terms of the agreement, GTCC has already started the construction works for the 336-unit villa complex Nasayem project, which will be ......read more

    SteelFab 2018 showcases the latest metal working technologies at Expo Centre Sharjah

    25% increase in the number of exhibitors, with the Essen Welding & Cutting Pavilion among the most prominent Sharjah, 14 January 2018:  SteelFab, the region’s premier metal working event, is back for the 14th year in a row at Expo Centre Sharjah on Monday. The region's premier metal working, metal manufacturing and steel fabrication trade show will take place over 4 days and will witness its largest international participation yet. SteelFab 2018 has witnessed a 25% growth in the number of exhibitors compared to last year, with the participation of 10 new exhibitors ......read more

    British Group GFG Alliance makes binding offer to buy Aluminium Dunkerque from Rio Tinto

    Dubai, UAE, January 11, 2018:  Sanjeev Gupta's GFG Alliance today marked the started of a major expansion into continental Europe by launching a €2billion investment programme in France.  As part of this programme, GFG's industrial arm Liberty House has made a binding conditional offer to Rio Tinto to buy Europe’s largest aluminium smelter based in Dunkerque, France.  The offer triggers a statutory consultation with employees, European Works Council and stakeholders and, subject to a successful outcome to this process, Liberty says it has ambitious ......read more

    Property Remains Preffered 2018 Investment Asset for UAE Residents

    40% of UAE adults plan to invest in property in the home country in the 12 months 18% plan to invest in property overseas in the next year North America, UK, Australia and Germany are preferred locations  Dubai, UAE, 08 January,  2018 –   The annual YouGov survey conducted by IP Global, the leading full-service property investment company, has confirmed that property remains the preferred investment asset by UAE residents, with 40% of residents planning to invest in property in the UAE and 18% planning to do so overseas in the next ......read more

    National Bonds handing over the second phase of Motor City Green Community Villas

    Villas  handed over three months ahead of schedule  High demand for the flexible payment plan extending up to10 years Dubai, UAE, January 8, 2017 -   National Bonds Corporation PJSC, through its real estate arm, National Properties LLC, has announced the handover of the second phase of Motor City Green Community known as Casa Familia villas which boasts 95 townhouse villas in a record time. Infrastructure has been completed to provide modern facilities for residents and meet their lifestyle needs at all levels. Motor City was voted as the best community to live in ......read more

    UAE Real Estate Predictions for 2018

    Dubai, UAE, January 7, 2018:  As we now close the books on Q4 of 2017 and reflect on the most recent quarter, it’s clear that  major political events to the west, and OPEC oil controls limiting production, have put pressure on and spooked the UAE market . Why is it the market continued to weaken in 2017? The macroeconomics largely come down to world affairs and basic supply and demand. In recent years, Dubai’s new development market has gone from strength to strength, with a myriad of new projects being announced, as well as delayed projects from the last boom ......read more

    Sahara Centre Starts 2018 with limited-time discounts across the mall

    Three Days of Discounts Up To 80 Per Cent at Sahara Centre This January Sharjah, United Arab Emirates, 3rd January 2018: Sahara Centre, Sharjah’s leading retail and leisure mall, has launched a mega promotion campaign running from 4th to 6th January 2018, offering customers unprecedented discounts of up to 80% across the range of retail brands under its roof. The campaign is part of a Sharjah-wide initiative, titled ‘Sharjah Grand Discounts,’ that aims to further enhance the Emirate’s position as a year-round shopping destination.  The exclusive three-day ......read more

    Mega winter clearance sale to begin at Expo Centre

    Sharjah,  28 December 2017:  All the year-end retail traffic is set to get diverted to Sharjah as a first-of-its-kind winter clearance fair opens today at Expo Centre Sharjah. Organised by Liz Exhibitions, Winter Clearance Sale 2017 will bring together leading retailers in the country at a single place to offer the biggest bargains and the finest shopping experience to residents and visitors alike. Shoppers can expect up to 80% discounts on popular brands of fashion, electronics and home appliances for four days from until  to 31st December. “The pre-VAT sales ......read more

    Abu Dhabi Quality and Conformity Council Begins Second Phase of Implementation of Abu Dhabi Specification for Pesticide Management

    Abu Dhabi-UAE: 27 December, 2017 –   Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, announced the start of the second phase of implementation of the Abu Dhabi Specification for Pesticide Management as part of the ongoing Pesticide Management Project. The specification stipulates the maximum permitted levels for pesticide residues in agricultural and food products. Executed in collaboration with Abu Dhabi Food Control Authority (ADFCA), the second phase involves conducting a research ......read more

    Burjuman Mall Announces the Opening of TAS'HEEL

    Government services now made easier Dubai, UAE, December 27, 2017:  BurJuman Mall has recently announced the addition of the TAS'HEEL Service Center to its list of offerings. Situated on the 2nd floor, next to Sharaf DG, the centre will now provide a hassle-free provision to business needs.  Going beyond pure consumer needs, BurJuman will now cater to the increasing business requirements through Tas’heel, by providing companies around the mall easy access to functionality and formalities without the need for physically submitting payments or documents.  A ......read more

    Symphony Style Hotel Kuwait named Best Luxury Family Hotel in Kuwait at World Luxury Hotel Awards

    Award is recognition for hotel’s efforts to ensure memorable stay for all guests – young or old Symphony Style Hotel, Quorvus Collection’s flagship hotel in Kuwait, is celebrating further global recognition after being named 2017 Best Luxury Family Hotel – Kuwait, at the recent World Luxury Hotel Awards. Judges on the World Luxury Hotel Awards panel selected Symphony Style Hotel Kuwait for the high-profile award based on its commitment to outstanding hoteliering and outstanding achievements in the luxury hospitality industry.  The award follows the ......read more

    Sealine Beach celebrates Qatar National Day with a special weekend-long family entertainment program

    Marking the occasion with a host of kid activities, culinary feasts, and special offers  Doha, Qatar – 22nd December 2017: Qatar’s first leisure destination Sealine Beach, a Murwab Resort, recently celebrated the Qatar National Day (QND) with a weekend-long program that blended the country’s rich culture and heritage with a variety of entertainment segments designed for the whole family to enjoy. This year, Sealine Beach’s QND celebrations, which ran from the 15th to the 18th of December 2017, included special events, kids’ competitions and games, ......read more

    Dragon Mart launches ‘My Little Pony School of Friendship' for children this DSF

    Dubai, 23 December 2017:   Dragon Mart, one of Nakheel Malls’ retail, entertainment and shopping destinations, is bringing ‘My Little Pony School of Friendship’ to kids this DSF, allowing them to gain basic skills in sports, cooking, art, pet care and more.  Kids will also receive their very own Academy Cadets Diploma when they complete a number of activities around different pony-themed zones at the academy. The School will be open daily from 4 to 13 January from 2pm to 10pm at Dragon Mart 2. Activities include Twilight Sparkle Headmare Duties, ......read more

    Abu Dhabi Quality and Conformity Council Hosts Workshop on Conformity Schemes Focused on Infrastructure Development

    Abu Dhabi-UAE: 21 December, 2017 –  Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, hosted a workshop to introduce consultants and contractors executing infrastructure projects undertaken by the Follow-up Committee of President's Initiatives to the Council’s product and personnel certification schemes. In line with the Council’s aim of enhancing the quality and sustainability of the built environment in Abu Dhabi, the workshop included detailed presentations on the ......read more

    Sahara Centre Customers Could Win an Ultra-Luxurious McLaren 540C

    And that’s not all – the winner will also visit the McLaren Production Centre in England Sharjah, United Arab Emirates, 20 December 2017:  Sahara Centre, Sharjah’s leading retail, dining, entertainment and leisure destination, is giving its customers a once-in-a-lifetime opportunity to win an ultra-luxurious McLaren 540C and a trip to Surrey, England to visit the McLaren Production Centre or shopping sprees from Rodeo Drive worth AED 100,000.The promotion entitled: Power Meets Style will run from 14th December 2017 to 15th February 2018 and represents Sahara ......read more

    Dubai Land Department inaugurates ‘Cube'…and exceptional customer real estate service centre

    ‘Cube’ gathers 15 service centres under one roof and completes procedures in one day instead of 10 [Dubai, United Arab Emirates, 20 December 2017]:  Dubai Land Department (DLD) has launched ‘Cube’, a new customer service centre on the third-floor of its headquarters, to provide real estate investors with exceptional services. ‘Cube’ has been established in collaboration with a number of key partners including the General Directorate of Residency and Foreigners Affairs in Dubai, the Dubai Police General Command, the Dubai Health Authority, the ......read more

    A Very Brr…Juman Winter Returns

    Be enthralled as BurJuman transforms into a magical winter wonderland Dubai, UAE, 18th December, 2017:   A Very Brr…Juman Winter is back by popular demand, flooding the mall with the festive spirit. Once again, the mall transforms into a magical winter wonderland, complete with stunning seasonal décor, festive activities, snowball fights and artificial snowfall in the snow park. This year BurJuman is bringing its customers a unique and visually attractive vertical display which will become without any doubt the centre of everyone’s attention!  Visit BurJuman ......read more

    Dubai Festival City Mall Adds ‘Festival Wheel' To the Dubai Creek Skyline

    One of the most photographed vistas in Dubai, now includes popular attraction offering unparalleled views Dubai, UAE, 18 December 2017:  Dubai Festival City Mall has announced a spectacular new attraction - the Festival Wheel, has arrived on Festival Bay for thousands of visitors to enjoy year round. Dominating the Dubai Creek skyline, the new Festival Wheel with 30 capsules and standing 40 metres high, offers its visitor’s spectacular views of the city.  Open seven days a week from 2pm to mall closing, the Festival Wheel is an ideal family attraction. With clear ......read more

    Cityland Mall's leasing programme gets major boost with addition of leading fashion retailer Matalan

    Dubai, United Arab Emirates (December 17, 2017):  Cityland Group – developer of Cityland Mall, UAE’s first nature-inspired mall scheduled for launch in 2018 – today announced further progress in its leasing arrangements by signing up Matalan which is one of the leading fashion and lifestyle retailers across the globe. Founded in 1985, Matalan, the specialist retailer in fashion and homeware will occupy 26,318 sq.ft location at Cityland Mall offering the latest clothing for ladies, men & kids along with an eclectic range of homeware items at affordable prices. ......read more

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