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    Featured in Real Estate and Retail
    Dragon Mart gears up for a spectacular three-day Oman National Day celebration

    Live traditional dance and music from 16 November       Dubai, 15 November 2018:  Dragon Mart will celebrate the 48th National Day of the Sultanate of Oman with a vibrant line-up of entertainment to commemorate the rich history and cultural heritage of the nation, from 16 to 18 November.   Honouring the close bonds between UAE and Oman, the roaming parade will feature traditional Omani music and folk dance routines - Al Razha, Al Dan and Um Dema - performed daily by artists from 5pm to 9pm at Dragon Mart 2.  Al Razha dance is performed by two rows of men standing across each other and battling with their swords while reciting poetry. Al Dan involves two rows of dancers interspersed with solo routines, while Um Dema is a celebratory dance form.  

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    Ideal Standard to showcase world-class innovations at 2018 Downtown Design exhibition in Dubai

    Dubai, UAE, November 15, 2018:  Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa is showcasing its latest innovations and designs at the Downtown Design 2018 – Middle East’s trade fair dedicated to original, high-quality design. The fair is returning for a stellar sixth edition and it is organized in the Dubai Design District from November 13th -16th, 2018.  Ideal Standard stand is representative of the brand identity and is divided into four distinct areas. Three areas are dedicated to product display, while the fourth adds to the interactive feel at the exhibition by accommodating a virtual reality experience. Using a VR kit, visitors have the opportunity to experience a fully equipped virtual Ideal Standard bathroom, and walk through ......read more

    ENBD REIT secures USD 75 million funding to drive portfolio diversification

    The Shari’a compliant financing facility has been agreed with Standard Chartered Bank and delivers a reduction in profit costs Financing will facilitate further portfolio diversification through acquisitions Dubai, United Arab Emirates, 15th November 2018:   ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has confirmed a USD 75 million (AED 275 million) Murabaha finance facility with Standard Chartered Bank for a term of three years with an accordion option to upsize the facility to USD 100 million. The new facility will support the REIT’s focus on portfolio diversification through further acquisitions, to maximise income returns and mitigate risk.    The Shari’a compliant ......read more

    The Fourth Edition Of Dubai Design Week Is Now Open!

    Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice- Chairman of Dubai Culture & Arts Authority, Dubai Design Week has returned for its fourth edition, from 12- 17 November, 2018. Dubai Design Week 2018 holds its most extensive programme to date with 250 events and over 120 participating organizations. Downtown Design has grown to feature over 175 brands - including 40 regional designers. New to Downtown Design this year is Downtown Editions; a curated section within the fair, dedicated to bespoke and limited-edition design. Global Grad Show will exhibit 150 projects – chosen from over 1000 submissions (double that of last year) and is for the first time held in partnership with Investment Corporation of Dubai. Within five pavilions, Abwab hosts designers from Amman, ......read more

    Shop, Stay and Unwind at Swissôtel Al Ghurair This UAE National Day

    Book and receive 25% Off Accommodation, Spa, F&B Receive A 100 AED Shopping Voucher for Each Night During Stay Dubai, UAE, November 14, 2018:  Think you’re due a staycation treat? In honour of UAE National Day, GCC residents will now receive 25% off on accommodation that includes a complimentary breakfast for two adults at Swissôtel Al Ghurair when booking a room from 29 November until 3 December 2018. You can also dine at any of their restaurants at a 25% off including their Iranian joint – Shayan, which is famous for its ‘One Meter Long Kebab’. It’s nice to wake up knowing there is a 100 AED Shopping voucher waiting for you to spend at any of the retail stores at Al Ghurair Centre which is connected to the hotel. The longer you stay – the more you can shop, as the vouchers ......read more

    DAMAC reports revenue of AED 5.2 billion for the first nine months

    Developer doubles number of handovers year on year   Financial highlights for first nine months of 2018:  Revenue at AED 5.2 billion Gross profit at AED 1.9 billion Net profit at AED 1.1 billion Booked sales of AED 3.2 billion   Earnings per share of AED 0.18 Deliveries of 3,800 units Dubai, UAE – 14 November 2018:   DAMAC Properties Dubai Co PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first nine months of 2018, reporting total revenue of AED 5.2 billion, gross profit of AED 1.9 billion and net profit of AED 1.1 billion.   During the first nine months of 2018, DAMAC delivered 3,800 units, compared to 1,923 units in the same period in the previous year. The units delivered in Dubai during this period ......read more

    Celebrate a Month-long Festive Feast at Swissôtel Al Ghurair

    Dubai, UAE, November 13, 2018:  Gather friends and family for the festive season and rejoice with International cuisine, traditional turkey takeaways and sing-along Christmas carols CHRISTMAS TREE LIGHTING Embrace the joyful start of festive season at the spectacular Christmas Tree Lighting ceremony featuring a live performance of Christmas carols, Santa’s visit with gifts for little ones, warming up the night special festive foods, gingerbread cookies, sweets and mocktails will be served. Info: 05th December, 6:30-8:30pm YASMINE LOUNGE Festive Turkey Takeaway Let our culinary team lend you a hand in preparing a wonderful festive feast for your friends and family. Order your take-away roasted turkey, serving 5 to 8 persons, with all traditional trimmings and enjoy a homely celebration.  Turkey Take away ......read more

    Tashkeel to present a panorama of innovative UAE design at Dubai Design Week 2018

    The worldwide debut of the latest limited-edition pieces by four emerging UAE designers for The Tanween Collection will be exhibited at Downtown Editions Design + Making UAE delves into the process and practice of product creation in the UAE through Tashkeel with a range of workshops and talks for emerging practitioners of product and graphic design at Dubai Design District – Building 10 Voices of Design to present 12 works by 11 UAE-based emerging practitioners from Tanween and the Van Cleef & Arpels Middle East Emergent Designer Prize at Tashkeel Nad Al Sheba Dubai, UAE, November 12, 2018:  Design pieces of past and present participants of Tashkeel’s design initiatives will be showcased in a programme of exhibitions, workshops and talks across three locations during Dubai Design Week next ......read more

    Rove Hotels & Mariska Nell present the Sustainability Corner during Downtown Design

    Rove  Hotels  collaborate  with  Dubai-based  environmental  artist and  champion, Mariska  Nell  to  present  a  Sustainability  Corner  as  part  of  Downtown Design,  from  November  13th to  16th.  The installation  will  feature  her  upcycled  works,  some  of  which  have  been  created  using plastic bottles  collected  as  part of  Rove’s  ‘Check-in  with  Plastic;  Check-out  with  Dinner’promotion.   Dubai,  UAE  (November  12,  2018):  In  an  effort  to  utilise  design  as  an  effective  platform  ......read more

    Rustle Up Memories at Taste, Le Meridien Al Aqah

    Celebrate Loy Krathong at Fujairah’s famous beach resort with a special cooking class   Dubai, UAE, November 11, 2018:  Located on a 230m stretch of pristine beach of U.A.E’s East Coast Le Meridien Al Aqah Beach Resort is renowned among tourists and families for offering a panoramic view of the Indian Ocean and the mighty Hajar mountains. Boasting of a wide selection of food & beverages, Le Meridien Al Aqah is home to 4 leading F&B outlets that are among the top 10 on TripAdvisor.    Continuing with #AlAqahFlavors, where the resort celebrated the auspicious occasion of Diwali last month at its Indian restaurant - Swaad, this November, its authentic Thai restaurant, Taste, will continue the celebration by ushering in the Thai festival of light – known in Thai culture as Loy Krathong. ......read more

    At the BIG 5 Dubai 2018, GV2 VEDA France will be presenting its VEDAFEU range, dedicated to passive fire protection, which has been validated by the UAE Civil Defense

    Dubai, UAE, November 11, 2018:  Rapid fire spread in buildings is something that, even today, continues to be a problem, with consequences that are often disastrous leading in some cases to heavy loss of life. There is no lack of recent examples:- The Zen Tower in Dubai in May 2018, Grenfell Tower in London in June 2017, Torch Tower in Dubai in 2017 and 2016, The Address Downtown also in Dubai in December 2016... The only way to protect people and property in the face of this type of events is to systematically install appropriate, certified and patented fire barrier solutions during construction.  Among the products for which GV2 VEDA FRANCE is famous, the VEDAFEU range, designed to offer passive fire protection, consists of ropes, mattresses, blankets, fillerboards and firestop foam.  This patented range is validated ......read more

    Dalma Mall a Winner again at the MECSC MENA Shopping Centre & Retailer Awards

    Abu Dhabi, UAE – 11 November 2018:  Dalma Mall, Abu Dhabi’s favorite mall, further cemented its reputation at the 2018 MECSC MENA Shopping Centre & Retailer Awards. The industry’s highly prestigious awards ceremony took place at the RECon Middle East & North Africa retailer and shopping center convention, held at the Ritz-Carlton, Dubai International Financial Center.   The convention is the industry’s premier Middle East and North African forum and is attended by shopping centre owners, developers, service providers, managers, and a wide range of retail industry professionals. Competing against some of the leading players in the retail industry, this year Dalma Mall secured 3 coveted award trophies and six finalist nominations, adding to the many other awards the mall has won in recent ......read more

    Get ready for the great outdoors with Dragon Mart's Al Bawadi Camping Market

    Travel Market expands with new section for outdoor leisure products   Dubai, 11 November 2018:   Dragon Mart’s Travel Market is now even bigger and better with a new addition: the Al Bawadi Camping Market, showcasing a wide range of camping gear and outdoor equipment from 11 to 17 November 2018. Adjacent to the Travel Market currently taking place at Dragon Mart 2, Al Bawadi Camping Market features a wide variety of items including tents, BBQ grills, portable chairs, folding tables, wooden heaters, sleeping bags, campfire grills, utility bags, water coolers, propane stoves, Dutch ovens, charcoal, fire wood and more.  Visit Dragon Mart 2 for the latest travel and camping gear at great prices, from 10am to 10pm every day until 17 November.  

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    The IKEA Soft Toy Drawing Competition Is Back to Bring a Child's Dream Toy to Life!

    The Soft Toy drawing competition invites all children to visit any IKEA store and visualise their dream toy, to later bring it to life   Dubai, United Arab Emirates, 8 November 2018: Starting from today until 17 November, IKEA UAE will open its doors to tiny designers, aged 0 - 12, helping them manifest their dream toy, and building together the following years’ SAGOSKATT collection. This inspired collection is a result of the annual IKEA Soft Toy drawing competition that takes place worldwide, with selected winners from across the globe.   This competition will take place in IKEA Dubai Festival City, IKEA YAS Mall and IKEA Bawadi Mall Al Ain, where winners of the competition will be announced in 2019. The limited-edition collection will also be distributed across all IKEA stores.   Simple drawings ......read more

    Finetools opens its flagship store at Dubai Municipality's newly-built Hardware & Building Materials Market

    The Dubai headquartered construction machinery major targets AED 500 million turnover with the opening of new showroom, which spans over a total of 6,000 sq.ft.  Dubai, UAE, November 07, 2018:   Finetools, a major provider of hardware and machinery to the construction sector in the UAE, is forecasting a turnover of AED 500 million within the next three years with the opening of their flagship showroom at Dubai Hardware & Building Materials Market in Al Warsan 3 industrial neighbourhood. The newly developed hub by Dubai Municipality is dedicated for trading construction supplies and machinery.  Finetools is a leader in industrial power tools, machines, construction equipment, hardware, safety devices and accessories; and the parent company of hardware and tools brand Uken.  Mr. Faisal Juma Al ......read more

    Top five new things to do at Golden Mile Galleria this season

    Dubai, 6 November 2018:   As the weather cools down, get ready to make the most of breezy mornings and chilled evenings at Golden Mile Galleria on Palm Jumeirah, which has recently expanded its line-up of shops, cafes, restaurants, health facilities and fitness studios.    The destination boasts over 400,000 sq ft of retail space, located beneath the 10-building Golden Mile residential complex, adjacent to Al Ittihad Park. The location is popular among Palm Jumeirah residents and is perfect for visitors looking for a relaxed shopping and dining experience.    Discover new dining, pampering, wellbeing and relaxation experiences with Golden Mile Galleria’s latest offerings.     1. Grab a weekend breakfast or enjoy all-day dining options Sit back and enjoy a cup of fine ......read more

    City Centre Mirdif welcomes new outlets further diversifying its retail mix

    New F&B outlets including Super Chix and Awani open to satisfy all tastes The Middle East’s first O Baticario boutique opens at the mall    Dubai, United Arab Emirates, November 6, 2018: Majid Al Futtaim—the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia - is introducing 19 new stores at City Centre Mirdif, with nine of them now opened, further diversifying its retail mix with contemporary brands and trendy international restaurants.   City Centre Mirdif has welcomed several new dining outlets including oriental restaurant Awani, pizza and pasta outlet Broccoli, delicious kebabs shop Doner & Gyros, American-based chicken joint Super Chix, grilled chicken joint JJ Chicken and soon to open Sushi Art with a delectable sushi, sashimi ......read more

    Manchester Restaurant Asha's Joins the Kro Hospitality Group

    Dubai, UAE, November 05, 2018:  KRO Hospitality has acquired one of Manchester’s most popular and acclaimed restaurants, Asha’s, located on the city’s vibrant Peter Street.  The award-winning Asha’s has been championing authentic Indian cuisine and culinary innovation since it opened its door in 2015.   The venue occupies one of Manchester’s finest Victorian palazzo buildings, with stunning interior design and an extensive Indian menu.  The restaurant is a firm favourite among customers, leading to it scooping several accolades at the English Curry Awards as well as being recognised in the Michelin Food Guide.  The restaurant is set over 6,000 square foot with two floors at 47 Peter Street, opposite the old Theatre Royale, and caters for up to 100 people with a bar area ......read more

    The International Council of Shopping Centers (ICSC) crowns Red Sea Mall with international awards

    And “ITA’AM” project qualifies to the RECon awards in Las Vegas  November  5, 2018:   Continuing the great streak of success and achievements by maintaining the standards of excellence and innovation through campaigns that were launched throughout the year, the Red Sea Mall in Jeddah was crowned with the “ICSC Foundation” prestigious award and the RECon MENA awards at a ceremony (The Middle East and North Africa Retail and Shopping Center Awards 2018) held on October 30 at the Ritz-Carlton, Dubai International Financial Center. The awards, organized by the International Council of Shopping Centers (ICSC) and the Middle East Council of Shopping Centers (MECSC), are designed to recognize the most successful retail and retail centers, to boost net operating income, and to design and ......read more

    Dubai Land Department strategic global partner for 2018 REALTORS Conference & Expo

    Dedication of Dubai Hour to promote the Emirate’s properties and highlight its characteristics as one of the most prominent international investment destinations Dubai, United Arab Emirates, 4th November 2018:   Dubai Land Department (DLD) recorded a distinguished presence as a strategic global partner at the American 2018 REALTORS Conference & Expo (NAR) in Boston, USA. NAR is one of the world’s largest real estate events that brings together 400 exhibitors and over 20,000 professionals and experts over four days at the Boston Convention and Exhibition Center.   HE Sultan Butti bin Mejren, Director General of DLD, said: “Our participation in this important international event and the establishment of a distinguished presence in international real estate events showcases our successful ......read more

    Ability to Embrace Technology Will Determine Future of Food Manufacturing in the Gcc, Says Global Expert

    Industry-defining Gulfood Manufacturing FoodTech Summit to probe region’s global competitiveness Dubai, UAE – 4 November, 2018:   The future of the GCC’s food manufacturing sector lies in the readiness and ability of its key players to embrace new technology and deliver competitive advantage, according to a leading global leader in organic and natural products. Rajnish Ohri, Managing Director for IMEA region at Hain Celestial, the US multinational whose mission is to be the leading marketer, manufacturer and seller of organic and natural better-for-you products, insists regional manufacturers must continue investing in digital transformation alongside regular upgrading of their facilities to remain relevant on the world stage.  “Upgrading of facilities is a continuous process and changes ......read more

    Emirates Steel signs new long-term iron ore pellet supply deal with Vale

     Emirates Steel has an iron ore pellet requirement of around 6 million tons per year Abu Dhabi, UAE - 4 November 2018:   Emirates Steel, the only integrated steel plant in the UAE, has signed a four-year (2018-2021), high value contract with Vale, the world’s largest producer of iron ore and iron ore pellets, to supply iron ore pellets for its steel production in Abu Dhabi, United Arab Emirates. Emirates Steel and Vale have a long-standing business relationship that commenced in 2007 and has through this four-year contract strengthened into a strategic partnership. Emirates Steel has an iron ore pellet requirement of around 6 million tons per year.  The agreement was signed by HE Saeed Ghumran Al Remeithi, CEO of Emirates Steel and Mr. Peter Poppinga, Executive Director, Vale during an official meeting ......read more

    Gear up for your next holiday with Dragon Mart's Travel Market

    Dubai, 4 November 2018:    Planning your next vacation? Then look no further than Dragon Mart’s Travel Market, for a huge range of essential from suitcases to sleep masks, from 7 to 17 November 2018.  Located on the ground floor of Dragon Mart 2 and open every day from 10am to 10pm, the Travel Market will feature a variety of must-have items that cater to all travel needs, including luggage, backpacks, luggage locks, disposable sleep masks, neck pillows, shoe bags, laundry bags, rucksacks, passport covers, cable organizers, headsets, and more. Shoppers will also enjoy best bargains and special deals on the purchases. What better way to prepare for your next business trip or vacation? Head to Dragon Mart 2 and pick out your new travel items from Wednesday, 7 November onwards.  

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    Liberty Steel agrees deal with ArcelorMittal to acquire further three European steel plants

    Dubai, UAE, November 03, 2018:  British-owned Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, is set for another major expansion of its steel production capacity in continental Europe following a conditional agreement announced on Friday to acquire two Belgian steel mills and one in Luxembourg from ArcelorMittal. The group has struck a conditional agreement to buy the Flemalle and Tilleur sites which employ a total of around 700 people near Liege, Belgium and the circa 300-people Dudelange, Luxembourg facility. The three mills, serving the construction, industrial and automotive markets, have a combined annual manufacturing capacity of 2.1m tonnes of cold rolled steel, 2m tonnes of galvanised steel, and 200 Ktons of tin plated steel.  The announcement closely follows the statement last month (12th ......read more

    Deerfields Mall is Turning Five!

    Deerfields Mall is giving away up to AED250,000 worth of prizes in it’s fifth anniversary celebration!  Abu Dhabi, United Arab Emirates, 31 October, 2018:   Deerfields Mall is marking its fifth-year anniversary on November 3 with a wide array of celebrations and activities for all. Shoppers stand a chance to win exciting prizes with a Spend & Win campaign and the House of Confetti. Running until November 3, shoppers spending at least AED 200 at any retail store in the mall stand a chance to be one of the ten lucky customers to win AED 25,000 worth of shopping vouchers each. Winners can enjoy great value shopping from stores including Al Romaizan Gold & Jewellery, Baseline Salon, Jumasan Beauty Centre, Lifestyle Jewellery, Optic Zone, Pan Emirates, The Mattress Store and Yas Perfumes. Come anniversary ......read more

    Other Top Stories from Real Estate and Retail
     
    Henkel reports strong organic sales growth, further improved margin and higher earnings in second quarter

    Henkel delivers good Q2 performance despite significant negative currency effects Sales increase to new high: 5,143 million euros, organic growth +3.5% EBIT* reaches new high: 926 million euros (+1.8%) EBIT margin* further improved: +20 basis points to 18.0% Earnings per preferred share (EPS)*: 1.58 euros (+1.9%), excluding currency effects: +7.7% Henkel updates full year outlook, reflecting stronger headwinds from currencies and material prices, and expects organic group sales growth of 2 - 4% (unchanged), an EBIT* margin of around 18% (previously: more than 17.5%) and an EPS* ......read more

    Enjoy Going Back to School with The Mall at World Trade Center Abu Dhabi

    7th August – 4th September: Book Collection  6th-8th September: Book Fair and kid’s workshops  19th August – 8th September: Spend and Win School Tuition Fees  Competition  Abu Dhabi, 27 August 2018 :   With the community at the heart of everything it does, The Mall at World Trade Center (The Mall at WTCAD) is launching its Back To School campaign with a book collection and charity sale, special book readings plus a spectacular Spend&Win competition to win AED 25,000 in  school tuition fees .   Bringing back ......read more

    Dubai Fesitval City Mall Takes on The Baby Shark Challenge

    Dubai, UAE, 27th August 2018:   Dubai Festival City Mall celebrated the Eid holidays with the record-breaking singalong Pinkfong and Baby Shark show, that made its official debut in Dubai. Thousands of parents and children attended each of the shows in Festival Square and took part in all the singing and dancing. As the Baby Shark video hit 1.6 billion views worldwide on YouTube this weekend, families at the Mall were quick to take part' in the famous Baby Shark Challenge. Shoppers were also delighted with two sets of fireworks displays over two consecutive days on Festival ......read more

    Look Beyond Uganda At The 6th Annual Uganda International Hotels & Restaurants Expo 2018

    3-day premiere event organized by the Uganda Hotel Owners Association Dubai, UAE, August 26, 2018:  The Uganda International Hotels & Restaurants Expo was founded in 2013 as an international hospitality and tourism organization that focuses on promoting the hospitality, tourism, business investments in Uganda and abroad. Bridging the gap between service providers and the international business community of suppliers, the programs and strategies of the 6th Annual Uganda International Hotels & Restaurants Expo are carefully designed to provide an equal playing ground and ......read more

    Talents Galore at Burjuman's Rising Stars

    The Stage Has Been Set For Your Little Stars To Shine with the chance to win a School Scholarship of up to AED 25,000  Back to School activation for children between 4 – 16 years of age Dubai, UAE, 26 August 2018:   The stage is set! BurJuman calls upon all parents of creative rising stars to register their children for BurJuman’s very own talent show. It’s time to showcase the talents of your little ones to the BurJuman community and let them shine in their very own spotlight.  The mall is proud to present BurJuman’s Rising Stars, a ......read more

    Make Back to School a family fun excursion at Dragon Mart

    Dubai, 23 August 2018:  Get ready for the new school year at Dragon Mart 2’s Back to School Market, where promotions on a huge range of items are on offer from 23 August to 8 September.  The market will showcase an extensive range of must-have school accessories and stationery including lunchboxes, water bottles, lunch bags and backpacks, with items available in a number of colours and sizes to suit schoolchildren of all ages.  Visitors can also enjoy Iftah Ya Simsim performances, where children will learn about outer space in a fun and engaging way with ......read more

    Now enjoy all your favourite outdoor family activities at the ‘INDOORS' pop up by City Centre Deira with homegrown brands, street food and non-stop entertainment

    Unique pieces by homegrown fashion brands 16 innovative street food concepts    Sing, play and watch free movies in the entertainment zone  Share photos from the quirky, urban wall murals on social media.  Dubai, United Arab Emirates, Aug 23, 2018:   Don’t let the soaring temperatures in Dubai stop you from enjoying outdoor activities with family and friends. City Centre Deira is turning down the heat and bringing the outdoors inside with ‘INDOORS’ – a dynamic retail and F&B pop up concept in the mall that will make your ......read more

    Iraq's Karbala Oasis joins Smart Stores Expo as retail leasing partner

    Upcoming shopping destination in Iraq to showcase incredible range of retail spaces for top brands to set up shop Dubai, UAE, August 15, 2018:  Smart Stores Expo has announced the participation of Karbala Oasis, an upcoming shopping destination in Iraq, as its retail leasing partner.  This development will see Karbala Oasis showcasing at the trade show its more than 222,873m2 total build up area and more than71,625 m2 leasable area of retail space to premium brands looking to tap into promising business opportunities offered by the improving Iraqi economy.  Based on BMI ......read more

    Balqees concert, Iftah Ya Simsim shows and Nabati poetry recital at Dragon Mart this Eid Al Adha

    Celebrations highlight Arabic tradition and Emirati culture   Dubai, 14 August 2018:  Dragon Mart 2 will celebrate Eid Al Adha with a cultural extravaganza featuring traditional Nabati poetry readings, a live concert by renowned Emirati songstress Balqees Ahmed Fathi, fun and games with the much-loved television series Iftah Ya Simsim and more. Nabati Poetry: 24 August at 4 pm Dragon Mart will host a ‘House of Poetry’ Nabati poetry session, held under the patronage of the Mohammed bin Rashid Al Maktoum Foundation this Eid, featuring readings by eminent ......read more

    Ripe Market Returns to Dubai Festival City Mall to Cool Off the Summer

    Ripe Market returns for the second time to the Mall, welcoming a host of local artisans who will showcase their produce Dubai, UAE, 13th August 2018:   To cool off the summer heat, Dubai Festival City Mall will be a bringing back Dubai’s favorite Ripe Market, for the second time., Being an indoor pop-up event, the market will take place on Friday the 17th of August, from 10 am – 10 pm, catering to our shopper’s love for healthy food, artisanal crafts and fitness activities.  Activities the whole family can enjoy – Becky Balderstone, Founder of Ripe ......read more

    Celebrate Eid Al Adha at Dubai Festival City

    Dubai, United Arab Emirates, August 13, 2018:   Visitors to Dubai Festival City, Al-Futtaim Group Real Estate’s fully integrated mega project, is set for a memorable Eid Al Adha as the destination offers a variety of entertainment, deals and offers across the Mall and Hotels.    Al-Futtaim Group Real Estate   Residential property   This Eid Al Adha, own an apartment in Marsa Plaza by availing attractive offers on purchase. Al-Futtaim Group Real Estate is offering its customers 100% waiver on Dubai Land Department fee along with no ......read more

    Al-Futtaim ACE celebrates Eid with exciting offers and activities

    Dubai, UAE, August 13, 2018:  Al-Futtaim ACE is celebrating Eid al-Adha with 25-75% off thousands of product lines available both in-store and online.    Customers can enjoy exciting deals on quality products from home, DIY, outdoor and garden products and the offers also extend to electronics products from Plug Ins including TVs, mobile phones and more   There are also plenty of activities in-store to keep everyone entertained including a Henna artist and balloons and face painting for kids and lots more.    Details of the ......read more

    Elite of global dancers come together for ‘Around the World' Festival at Bawadi Mall

    Countries as Turkey, Serbia and Peru amongst others are participating at Bawadi Mall’s annual event Al Ain, United Arab Emirates, 12 August 2018:   A group of the world’s best dancers have come together for ‘Around the World’ Festival that is being hosted by Al Ain’s favourite shopping and entertainment destination – Bawadi Mall. The event, true to the real values of dance and story-telling culture, witnesses participation of countries as Turkey, Peru and Serbia among others that enthral the audiences with their spectacular ......read more

    Explore the wonders of outer space at Ibn Battuta Mall this Eid Al Adha and Back to School season

    World’s biggest themed mall celebrates 60 years of space exploration with Discovery Channel exhibition Dubai, UAE, 12 August 2018:   Ibn Battuta Mall is hosting an out-of-this-world range of space-themed educational activities – 3-D outer space simulation, a virtual reality capsule, a Mars Rover replica, a miniature space station, a 3-D space photo wall and more – to mark Eid Al Adha and the Back to School season. Honouring 60 years of space exploration, Ibn Battuta Mall is hosting a Discovery Channel exhibition at China Court featuring the timeline of ......read more

    DALBY and its 50 years of experience in hydraulic hooklifts will be present at the IAA commercial vehicle trade show in Hannover on 20-27 September 2018.

    Dubai, UAE, August 11, 2018:  DALBY designs, builds and markets hydraulic hooklifts for all types of 2- to 32-ton vehicle, along with roll-off containers, and container trailers for road transport and agriculture. With its complementary offering, DALBY is a major player and a clear leader in the roll-off transport and handling equipment market in France.   Through its vast distribution and services network, DALBY offers its customers a comprehensive range of equipment for roll-off containers, designed to ensure efficiency, simplicity, reliability and cost effectiveness, and ......read more

    RERA Partners with CBD to Offer Escrow Services for Owners' Association

    Dubai, 08 August 2018:   The Real Estate Regulatory Agency at Dubai Land Department, signed a partnership agreement with Commercial Bank of Dubai (CBD). The agreement focuses on offering escrow account management services to Owners’ Association (OA) communities in Dubai. The agreement was signed by His Excellency Eng. Marwan Ahmad Bin Ghalita, Chief Executive Officer of RERA and Dr Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai. Through this agreement, CBD, under the supervision of RERA, will open escrow accounts for Owners’ Association to ......read more

    Hilton Launches New Platform Dedicated to Offering Guests Bespoke, Unforgettable Experiences with its Luxury Brands

    One in Five Luxury Travellers in Europe and the Middle East use a Digital Platform to Plan Holiday Itinerary, Hilton Survey Reveals Conquer your fears with the World’s Longest Zipline Experience in Ras Al Khaimah Uncover the underwater secrets of the Red Sea and explore 5,000-year-old Coral Reefs Discover the breath-taking gems of Istanbul Bosphorus on a Private Luxury Yacht Tour Dubai, UAE, August 07, 2018:  Hilton has launched an innovative web platform that offers a range of new and exclusive experiences across its luxury brands, Waldorf Astoria Hotels & ......read more

    Danube Properties' Dh550 million Lawnz project at International City, sold out in record time!

    Dubai-based developer Danube Properties’ development portfolio grows to 4,744 apartments, worth Dh3.69 billion   News Highlights Danube Properties sold out 1,032 units at Lawnz at the International City, including 350 units snapped up in 4 hours! Danube Properties offered studios starting from Dh290,000 at Lawnz Danube Properties delivered 831 residential units worth Dh1.12 billion by March 2018 Dubai-based developer plans to deliver 880 more units later this year Danube Properties portfolio exceeds US$1 billion involving 4,744 units in 11 projects Dubai, ......read more

    Dalma Mall Prepares for an Adventurous Summer Action Spread Over the Eid Festivities

    Teenage Mutant Ninja Turtles to takeover Abu Dhabi for an Iconic Eid Treat for all  Dubai, UAE, August 07, 2018:  The famous cartoon television show Teenage Mutant Ninja Turtles’ heroes Michelangelo, Leonardo, Donatello and Raphael are coming to Abu Dhabi’s Favorite Mall, Dalma Mall for an adventurous summer action and an Iconic Eid fete.   The Ninjitsu-trained action heroes who made a TV splash, in their self-titled cartoon television show, for fighting crime and alien invaders in the streets of New York will showcase their Turtle Power in Dalma Mall ......read more

    Street food extravaganza at Swaad

    Celebrate Indian Independence Day with your loved ones at Le Meridien Al Aqah Beach Resort   Dubai, UAE, August 06, 2018:  Nestled between the towering Hajar Mountains and the infinite Indian Ocean, and just 90 minutes away from Dubai’s busy city life, Le Méridien Al Aqah's beach-front ambiance, host of activities and family friendly hospitality makes it the region’s most loved getaway on the East Coast.     Renowned for setting the benchmark for hospitality, Fujairah’s most loved beach-resort has planned something truly unique on the eve of ......read more

    DowDuPont Reports Second Quarter 2018 Results

    Second Quarter Financial Highlights GAAP earnings per share from continuing operations was $0.76. Adjusted earnings1 per share increased 41 percent to $1.37, compared with pro forma adjusted earnings1 per share in the year-ago period of $0.97. Adjusted earnings per share excludes significant items in the quarter totaling net charges of $0.50 per share and an $0.11 per share charge for DuPont amortization of intangible assets. Net sales increased 17 percent to $24.2 billion, with double-digit growth in all divisions and gains in all geographic regions, from pro forma net sales of $20.7 ......read more

    Celebrate Eid With Baby Shark Debut and Four Firework Displays at Dubai Fesitval City Mall

    Spectacular Eid Al Adha celebrations in store for shoppers – with Pink Fong and Baby Shark shows as well as fireworks all throughout the holiday   Dubai, UAE, 5th August 2018:   This Eid Al Adha, Dubai Festival City Mall will be celebrating the holidays with two sets of fireworks displays over two consecutive days as well as the much-anticipated Pink Fong and Baby Shark shows making its Dubai debut.    Bringing its record-breaking singalong to the Mall, Pink Fong and Baby Shark will be encouraging children and their parents to join in and take part ......read more

    Siemens to add 650 MW to power plant in Iraq

    Shatt Al Basra Power Plant to be converted to combined cycle  Upgrade will enable electricity supply to one million Iraqis  Plant efficiency to increase more than 50 percent Dubai, UAE, August 05, 2018:  In another step towards supporting the rebuilding of Iraq’s power infrastructure, Siemens will upgrade one of the country’s largest gas-fired power plants. Under a new contract, Siemens will add 650 megawatts (MW) to Shatt Al Basra Gas Power Plant, which currently has a power generation capacity of 1,250 MW and consists of non-Siemens turbines operating ......read more

    H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan Chairs Etihad Rail Board of Directors Meeting

    H.H. toured Etihad Rail’s facilities in Mirfa and met with a number of employees 05 August 2018, Abu Dhabi, UAE:  His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, the Executive Council Member, Chairman of Abu Dhabi Department of Transport and Chairman of Etihad Rail, recently chaired a meeting of the Board of Directors of Etihad Rail in Al Dhafra region. H.H. was accompanied by H.E. Mattar Al Tayer, Vice Chairman of the Board of Directors, and members of the Board.  H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan reviewed Etihad Rail’s new ......read more

    Al Ghurair Centre Celebrates UAE's Cultural Diversity in collaboration with Mohammed Bin Rashid Centre for Islamic Culture

    Dubai, United Arab Emirates - 2 August 2018:   Aligning with the message of UAE’s cultural ideology, Al Ghurair Centre, GCC’s first mall, joined hands with Mohammed Bin Rashid Centre for Islamic Culture to host their annual multicultural event. This event was aimed at bringing together the rich diversity of numerous ethnic groups in the UAE at one place.    With the presence of over numerous customers, the event saw the attendance of dignitaries from the Dubai Government, the Islamic Affairs & Charitable Activities Department.   Zeinab Badar, ......read more

    Oman's young growing families are showing the way when it comes to dynamic community living

    Dubai, UAE, August 01, 2018:  Young families from all across the world are landing in Oman at record rate with the dream of making the Jewel of Arabia their forever home. As a result, the Sultanate’s young population is becoming increasingly urbanised - a trend which is driving the development of smaller-sized, affordable residential units that provide young families with the best quality of living. Not only are young homeowners looking for a sense of dynamic community living in developments that offers easy access, plenty of amenities and facilities, as well as open spaces and ......read more

    Al Habtoor Group and Hilton; A New Partnership at Al Habtoor City

    Dubai, UAE, July 31, 2018:  Mohammed Al Habtoor, Vice Chairman & CEO of the Al Habtoor Group and Ian R. Carter, President, Global Development, Architecture, Design & Construction, Hilton hosted a press event to announce a new franchise agreement, effective as of 1 August 2018, for the three hotels at Al Habtoor City. The decision to rebrand these properties as Habtoor Palace, LXR Hotels & Resorts, V Hotel, Curio Collection by Hilton and Hilton Dubai Al Habtoor City was unveiled at a ceremony held at Al Habtoor City, today. The announcement of the deal comes after a recent ......read more

    Shurooq and Besix to Invest in a Sustainable Development Wastewater Project in Sharjah

    Both parties join forces for the project at Al Saja’a Wastewater Treatment Plant Sharjah, 30 July 2018:  The Sharjah Investment and Development Authority (Shurooq) and BESIX, the region’s leading company operating in infrastructure concessions and construction, has signed a joint venture agreement to operate and maintain an existing wastewater treatment plant in Al Saja’a area in Sharjah. The newly formed company, called QATRA, will continue developing and expanding the wastewater infrastructure in line with Sharjah’s masterplan, whilst ensuring the highest ......read more

    Regional Pop Star Hala Turk to Officially Close Dubai Summer Surprises With a Free Concert at Dubai Festival City Mall

    Dubai, UAE, 28th July 2018:  Dubai Festival City Mall has announced that it will host the DSS Closing ceremony on Saturday 4 August at Festival Square, and will mark the end of Dubai Summer Surprises Festival with a free concert at 8:30 pm from famous regional pop superstar, Hala Al Turk.  “I can’t wait to perform live in Dubai for the first time in four years at Festival Square. It’s going to be a great show with my DJ and dancers, performing new songs from my upcoming releases,” said Hala Al Turk.  Hala is also launching her very first ......read more

    Danat Al Ain Resort appoints new General Manager

    Dubai, UAE, July 26, 2018:  Danat Al Ain Resort, an idyllic five-star resort, located in the garden city "Al Ain," announces the appointment of Mr. Khaled Sharabassy as General Manager. Mr. Sharabassy brings with him an extensive experience of more than 22 yeas in the hospitality industry. Prior to his appointment, he served as the GEneral Manager of Tilal Liwa Hotel, a property managed by Danat Hotels and Resorts in Abu Dhabi, his passion for work paired his strong drive for results and improvement will lead his way in bringing success to Danat Al Ain Resort. Known for ......read more

    Mi Capital opens doors to India's US$88.23 bn affordable housing market for GCC investors

    Dubai-based Mi Capital has tied up with LICHFLAMC, part of India’s Life Insurance Corporation (LIC) Group that has US$386 billion (Dh1.41 trillion) worth of Assets under Management, to offer opportunities in Infrastructure, Affordable Housing, Healthcare, Education and Warehousing Sectors in Indian economy that is growing at 7.5% per annum Dubai, UAE, July 25, 2018:  Gulf investors will now be able to tap the US$88.23 billion (INR6 trillion) affordable housing market following a tie-up between Mi Capital, a Dubai-based financial institution dealing in corporate finance, ......read more

    UAE residents urged to ‘switch-off' and reduce impact on the environment

    Taqeef survey sheds light on wasteful AC consumption habits of UAE residents  Findings reveal that a quarter of UAE residents leave the AC on at home when they are out at work or travelling during summer   Dubai, United Arab Emirates: 25 July, 2018 –   New research released today reveals UAE residents are wasting money and energy on cooling empty properties throughout the summer.  The YouGov poll, commissioned by cooling and energy solutions giant Taqeef, interviewed 1,000 UAE residents and revealed: A quarter (25%) leave their AC on at home all ......read more

    Oman primed to take centerstage in GCC's continuing retail growth

    24 July, 2018 - With the increasing demand among young markets, the growing interests of residents in new lifestyle experiences, as well as the influx of tourists entering the Sultanate of Oman, industry observers are seeing the country’s retail sector to be at a prime position to significantly contribute to the GCC’s continuing retail growth story. More than 6.2 million square metres of retail development are expected to take up significant spaces across the GCC countries within the next five years, according to a recent report from Alpen Capital, which further sees the market ......read more

    Al Mouj Muscat launches Townhouses at Ghadeer Parks Precinct

    Dubai, UAE, July 23, 2018:   As part of its commitment to appeal to market needs and to provide growing young families with the best quality of living, Oman’s leading Integrated Tourism Complex (ITC), Al Mouj Muscat, has launched three-bedroom Townhouses within its unique project, Ghadeer Parks precinct. The three-bed Townhouses are very generous in size and include two living areas, a courtyard, a housemaid’s room, store room and laundry, with a price starting from OMR 259,000. They are available to buy with four payment plan options. The standard seven stage plan, ......read more

    Drive away with AED 550,000 worth of prizes this summer

    Jump start your summer with two 2018 luxury cars up for grabs at Marina Mall Abu Dhabi Abu Dhabi, UAE – 23 July 2018:   Marina Mall Abu Dhabi has launched its ‘Jump Start Your Summer’ promotion, giving away two brand-new 2018 luxury cars valued at AED 550,000. Starting this week, shoppers who spend a minimum of AED 300 in a single transaction will receive a raffle ticket entry for every AED 300 spent for their chance to win either the 2018 INFINITI Q70 luxury sedan or 2018 INFINITI QX80 SUV. Shoppers at the mall can also participate in the weekly social ......read more

    MEFMA reaffirms anew its commitment to innovation and FM professional development

    Association to continue to develop Middle East’s industry through training and educational programs Dubai, UAE, July 23, 2018:  The Middle East Facility Management Association (MEFMA), a non-profit association that provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders and owner associations, has reaffirmed anew its full commitment and solid support for viable initiatives designed to promote innovation and professional development across the regional industry.  MEFMA made the reaffirmation amid the growing FM ......read more

    Ministry of Infrastructure Development and Masdar agree to promote sustainable practices

    Abu Dhabi, United Arab Emirates, July 22, 2018 :  HE Eng Abdullah bin Mohammed Balheif Al Nuaimi, Minister of Infrastructure Development, witnessed the signing of a cooperation between the Ministry and Masdar (Abu Dhabi Future Energy Company) supporting the application of sustainability best practices. The agreement was signed by Eng Hassan Mohammed Jumaa Al Mansouri, Undersecretary of the Ministry of Infrastructure Development and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, under which Masdar aims to provide technical advice in implementing a sustainable system in ......read more

    Sharjah continues to become more affordable, with rents and sales prices falling – Bayut H1 report

    July 22, 2018:   Rents and sales fell for Sharjah apartments from H2 2017 to H1 2018 accordingly to a recently published report of Bayut.com, the leading property portal in the UAE.   Rental highlights:  Rents fell for both villas and apartments. The largest decreases were in Al Nahda, where the average 1-bedroom apartment price fell by 16.2%.   Sales highlights: The steepest price falls were seen for Al Nahda, where the average for a 2-bedroom apartment fell by 14.3%.   There was good news for both buyers and renters in ......read more

    What's happening at Nakheel Malls during DSS (Ibn Battuta Mall & Dragon Mart)

    Dubai, UAE, July 22, 2018: Activity: The Desert Adventures of Daffy Duck Date: From 26 July to 4 August. Location: Ibn Battuta Mall, China Court Time:  5pm, 6pm and 7.45pm  About the activity: The desert adventures of Daffy Duck, in which the international explorer crosses the Arabian Desert in search of lost relics. Activity: The Great Looney Games Date: From 19 July until 28 July Location: Dragon Mart 2 Time:  5pm, 6pm and 7.45pm About the activity:  Fun-filled show that takes children on a spectacular journey with energetic, interactive dance routines. ......read more

    Al Naboodah Group Enterprises announces new contracts worth over AED 750 million

    Al Naboodah Construction Group signs contracts with leading multi-nationals including Mitsubishi Electric and Siemens in a successful month for the Group. Dubai, 22 July 2018:  Al Naboodah Construction Group (ANCG), a subsidiary of Al Naboodah Group Enterprises (ANGE), one of the UAE’s oldest and most respected family conglomerates, has won a number of new contracts valued at over AED 750 million recently.  The contracts include construction of new emergency services buildings; roads and street light construction and utilities installation for a residential development; ......read more

    Dubai's first industrial and commercial REIT launches Manrre set to Raise AED 330M

    Manrre currently holds a portfolio of 19 real estate properties worth AED 215,000,000 across the UAE United Arab Emirates, Dubai, 19th July 2018:  The family behind the successful Palmon Group, one of UAE’s home-grown conglomerates has announced the launch of its private real estate investment trust (REIT) Manrre - a Property Fund and a Real Estate Investment Trust for qualified investors. Established in compliance with the laws and rules of the Dubai Financial Services Authority (DFSA), Manrre aims to raise about AED 330M as part of its strategy to acquire additional ......read more

    Shop & Win this Weekend with Unbeatable ‘Unbox the Amazing' Deals and Promotions in Abu Dhabi

    Fantastic prizes await lucky shoppers at Dalma Mall Abu Dhabi, UAE – 19 July 2018:  Organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), in cooperation with Abu Dhabi’s Department of Economic Development (DED), Abu Dhabi Summer Season (ADSS) continues this weekend (July 20th-21st) with a series of grand prizes and deals on offer for all eager shoppers. ADSS has announced that there will be 26 prize winners over the weekend at Dalma Mall, which will be hosting the incredible ‘Unbox the Amazing’ promotion. In addition to ......read more

    Dragon Mart celebrates UAE-China Week with exciting line-up of traditional Chinese cultural activities

    Dubai, 18 July 2018:   Dragon Mart – the world’s largest Chinese retail and trading hub outside China, and the central hub of Chinese activity in Dubai – will proudly celebrate UAE-China Week with a range of traditional festivities and celebrations this weekend. The live entertainment, from 19 to 21 July, includes lion dances, oriental music, roaming parades and more.  Omar Khoory, Managing Director of Nakheel Malls, owner and operator of Dragon Mart, said: “Dragon Mart was pivotal in establishing the strong trade and cultural ties shared ......read more

    ENBD REIT Announces Q1 NAV of USD 289 million

    Portfolio occupancy increases to reach 90% Gross yield on portfolio reaches 8.4%, due to successful residential leasing programme Dubai, United Arab Emirates, 17th July 2018:   ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its Net Asset Value (“NAV”) for the period ended 30th June 2018. ENBD REIT’s NAV is USD 289 million (AED 1.1 billion), or USD 1.14 per share, following dividend and return of capital payments made in June 2018. ......read more

    Danfoss celebrates the young engineers who participated in the EmiratesSkills National Competition 2018

    Dubai, UAE, July 14, 2018:  Danfoss, a global leader in engineering technologies, hosted an Appreciation Night to recognise the student engineers who participated in the HVAC-R category during the EmiratesSkills National Competition 2018.   The ceremony was attended by Mohamed Homsi and Carlo Magno, Technical Managers from Danfoss and Mohammed Al Ali, Head of Training at EmiratesSkills on 5th July 2018 at the Conrad Dubai.   The six participants, namely Suhaib Ali Mohammed, Ammar Ahmed Al Buraimi, Reem Ismaeil Mohammed Mosabbeh, Asma Alneyadi, Noura Al Nuimi and ......read more

    Dubai Creek Harbour Project Celebrates 5 Million Man Hours with Zero Lost Time Accidents

    Dubai, UAE, July 12, 2018:  Al Naboodah Construction Group (ANCG), a subsidiary of Al Naboodah Group Enterprises, one of the UAE’s oldest and most respected family conglomerates, yesterday celebrated achieving five million man hours worked without a lost time accident at its landmark Dubai Creek Harbour site.  ANCG is constructing two, 37-storey towers with residential units, penthouses and commercial units, plus external works and landscaping at Creekside Plot 18-A , residential project in the 6km2 Dubai Creek Harbour development by Emaar Properties. “Projects of ......read more

    8 reasons why Mall of the Emirates is too good to leave this DSS

    Win up to AED 3million worth of prizes on the spot daily Shop at your favourite outlets and win AED 15,000 Complimentary Hands-Free service FIFA live gaming with cash and instant prizes DUBAI, UAE, July 10, 2018:   Mall of the Emirates has hosted unforgettable Dubai Summer Surprise moments in the past 11 years, from live gaming tournaments to concerts with some of the biggest Arab stars. This year too, the mall has pulled out all the stops to bring exclusive experiences and thrilling entertainment that’ll make you forget the rising temperatures and compel you to ......read more

    ‘Green' retailers to continue to gain traction with consumers

    Dubai, UAE, July 08, 2018:  Going green has now become a key business strategy and retailers that adopt sustainable practices in their operations will continue to harness value and gain competitive advantage, industry reports reveal. Consumers across all demographics are increasingly becoming more eco-conscious as reflected in the Nielsen Global Survey on Corporate Social Responsibility, which found that 55% of global online consumers across 60 countries are willing to pay more for products and services provided by companies that are committed to positive social and environmental ......read more

    AEA 111 billion total of Dubai real estate transactions in H1 2018

    Bin Mejren: Government decisions boosted investor confidence and supported the attractiveness of the real estate sector Expo 2020 is close at hand, and developers in the market are expressing interest in aligning with the directives of the wise leadership to attract more investments Dubai, United Arab Emirates, 07th July 2018:   Dubai Land Department (DLD) has revealed that real estate transactions in Dubai for the first half of 2018 (H1 2018) reached AED 111 billion, reaffirming Dubai market’s attractiveness and ability to compete with global investment ......read more

    CCC identifies the digital tech megatrends to construct a future virtual world

    The leading global construction company highlights the megatrends to become reality by 2050 for sustainable urban living through the “Future of Construction Initiative” AR, 3D printing and even autonomous construction are emerging technologies to be adopted by the Infrastructure and Urban Development (IU) industry Savings up to $1.7 trillion globally within 10 years Dubai, United Arab Emirates - July 5th, 2018 -   Full-scale digitization of the construction industry – including 3D printing, AR and even autonomous construction – could save up to ......read more

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