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    Featured in Real Estate
    DLD's ‘Real Estate Updates' Bulletin Highlights Real Estate Sector's Sustainable Investment Attractiveness

    - 5,359 real estate investments worth over AED 11 billion in May 2021. - 6,021 real estate transactions in May 2021, a 197% increase compared to May 2020. - 11,387 new investors, comprising 66% of total registered investors since the beginning of the year. - AED 36 billion worth of real estate investments since the beginning of the year, an increase of 44%.   Dubai, UAE, 17 June 2021: Dubai's real estate sector has continuously proven its attractiveness to investment and its flexibility in adapting to various developments, thanks to the legislative environment and infrastructure created by the policies and directives of the wise leadership, which has had a clear impact on the results achieved in the sector during the past months, specifically since the beginning of this year, and contributed to strengthening the ......read more

    THAT Concept Store's Luxury Gift Guide for Father's Day

    · Handpicked selection of luxury gifts  · Flash sale of up to 60 per cent discount on selected brands with extra 15% off · 5 X SHARE points with every purchase made on Friday and Saturday   Dubai, United Arab Emirates, June 16, 2021: THAT Concept Store – the creative brainchild of Majid Al Futtaim – is making Father’s Day special with its curated selection of high-end items and unique services. Store-wide discounts and extra SHARE points on every purchase made this weekend are guaranteed to keep father figures and wallets happy as shoppers go in search of the perfect gift.    Sales have already started at THAT Concept Store with up to 60 per cent off at City Centre Mirdif and up to 40 per cent at Mall of the Emirates, with a further 15 per cent off selected ......read more

    Losberger De Boer Delivers Record-breaking Jeddah Superdome Event Venue

    Jeddah, Saudi Arabia - June 15, 2021:  Losberger De Boer, the leading supplier of temporary and permanent buildings for events, public, commercial and industrial applications, has delivered the record-breaking Jeddah Superdome venue in Saudi Arabia, handing over the dome’s frame three days ahead of schedule and completing the project on time despite disruptions resulting from the COVID-19 pandemic. Jeddah Superdome officially opened its doors on June 9, 2021. Jeddah Superdome has claimed the Guinness World Records™ titles for the world’s largest geodesic dome and largest dome with continuous roof. It is a multi-purpose event space and will play an integral role in the Jeddah Season events programme. From live shows, concerts and sporting events to brand activations and exhibitions, the dome will host some ......read more

    How Sustainability is Front and Center at THAT Concept Store

    • Host to environmentally conscious brands from across the world • Bio-degradable dry-cleaning services that consume 80 per cent less energy      Dubai, United Arab Emirates, June 14, 2021:  In line with Majid Al Futtaim’s sustainability goals and initiatives, THAT Concept Store at Mall of the Emirates is making strides when it comes to ethical fashion. The store supports eco-friendly practices within the industry by actively sourcing environmentally responsible brands from all over the world, helping shoppers end their toxic relationships with laundry and spreading awareness about responsible retail on Instagram.   THAT Concept Store’s collection is always evolving, featuring luxury and exclusive labels across a range of categories from accessories to clothing to ......read more

    Formula 1 Saudi Arabian Grand Prix – 6 Months to Go!

    Soon-to-be fastest street circuit on the F1 Calendar unveils new images of its state-of-the-art Pit & Team Building to mark the 6 Months to Go milestone Jeddah, Saudi Arabia - June 09, 2021:   The Saudi Motorsport Company (SMC) - Promoter of the 2021 Formula 1 Saudi Arabian Grand Prix - has today revealed exclusive renderings of the state-of-the-art Pit & Team Building that will be the centre-piece of the Jeddah Corniche Circuit – F1’s newest track.   With just 6 months until the greatest drivers in the world line up on the grid in Jeddah to fight for victory at the 2021 FORMULA 1 SAUDI ARABIAN GRAND PRIX, SMC has unveiled brand new images of the spectacular home to teams, drivers, staff and VIP guests alike during the inaugural F1 race weekend in the Kingdom of Saudi ......read more

    Festival City Celebrates World Ocean Day in Raising Awareness on Preserving the Ocean's Cleanliness and Biodiversity in a Month Long Campaign

    Through interactive displays and partnerships with Doha Festival City’s sustainable brands, the Mall will raise awareness around preserving the Ocean’s cleanliness and biodiversity All activities will be conducted under the umbrella of ‘Festival Cares’ and ‘Qatar Unites’ Us CSR initiatives launched by Al-Futtaim group in Qatar    Doha, Qatar – 09, June 2021:  Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment, is pleased to announce the launch of the first-of-its kind World Ocean initiative. Until June 30, 2021, the Mall will be engaging with its customers through several exciting activities aimed at promoting the environmental action to protect the World’s Ocean and its rich ecosystems in raising awareness about the ......read more

    Danube Building Materials Prepares for Upcoming Boom Ahead of Expo 2020

    Building material leader showcases 6 new product lines at Index in support of the industry’s recovery Dubai, UAE; June 08, 2021:  As a step to cement its pioneering position in the sector, Danube Building Materials is taking part in Index, the premier platform to showcase the latest innovative products and ideas in interior design.  Danube’s participation also aims to send a strong message to the international community that Building Materials and Construction Sector of the UAE is advantageously well-poised and strategically positioned to take on the challenges and opportunities as the world recovers from months of disruption to the global economy caused by the Covid-19 pandemic. During this year’s edition of Index, Danube Building Materials will showcase 6 new product lines, in line with the ......read more

    Unmissable Summer Escape Offer by Sofitel Dubai the Palm

    Discover the ultimate dining, wellness and relaxation experiences; the best of both worlds where a glistening city meets the tranquility of the sea.     Dubai, United Arab Emirates, 3 June 2021:  If you are looking to spend some quality family time together in Dubai, this Summer Escape deal is not be missed! Be transported to the dream summer getaway at the French-Polynesian inspired, Sofitel Dubai The Palm resort featuring a relaxing stay, refreshing experiences and exclusive premium benefits closer to home. The multi award-winning family hotel in Dubai is offering an exclusive summer stay deal that saves you 30% from the regular rates plus complimentary buffet breakfast daily.   Book before 15th September 2021 and enjoy great savings for your staycation. If you’re keen to save up on your summer ......read more

    Lucky Shoppers at the Dubai Mall Win Fenyr Supersport Car and One Million Skywards Miles in Epic Prize Draws!

     ORGANIZED BY DUBAI FESTIVALS AND RETAIL ESTABLISHMENT   Dubai, United Arab Emirates, 31 May 2021: Two lucky shoppers bagged incredible life-changing prizes as part of a double-header of super raffle giveaways, both of which were announced at The Dubai Mall last night. Saud Altamimi was crowned winner of a Fenyr SuperSport, built by W Motors as part of the Dubai Supercar Raffle draw, and Adel Alzarooni won one million Skywards Miles by The Dubai Mall.   The Dubai Supercar Raffle gave residents and visitors the chance to win a Fenyr SuperSport, built by W Motors, when they bought the scale model of the supercar priced AED1,500.    Shoppers who spent AED500 at The Dubai Mall and scanned their receipts using the mall’s app entered a raffle for one million Skywards Miles and were automatically ......read more

    Mondrian Doha Named ‘Best Business Hotel in Doha' and ‘Overall Best Business Hotel in the Middle East' by Business Traveller Middle East Awards 2021

    The prestigious regional awards recognized Mondrian’s excellence and outstanding services for business guests, corporate clients as well as exceptional events, and world-class hospitality standards the hotel caters to. 31 May 2021, Doha, Qatar – Mondrian Doha, managed by leading international lifestyle hospitality group, sbe, is delighted to announce it has been recognized as the ‘Best Business hotel in Doha’ and the ‘Overall Best Business Hotel in the Middle East’ by the leading regional awards programme from highly-acclaimed Business Traveller Middle East magazine.  Each year, leaders of the travel and hospitality industry in the region compete to win the prestigious accolade from the top business travel-focused magazine in the region. The winners of the awards are selected by an impartial ......read more

    Doha Festival City Announces the Reopening of Qatar's Favourite Entertainment Hub

    Doha Festival City Theme Parks – owned by Qatari operator Leisure; Virtuocity and Snow Dunes to reopen their doors followed by Angry Birds World    All outlets follow government guidelines to ensure applying the stringiest health and safety measures   Doha, Qatar – 29 May 2021: Doha Festival City, Qatar's one and only choice for shopping, dining and entertainment, is pleased to announce the reopening of its theme parks Virtuocity and Snow Dunes, set to reopen as of 28th May following the government’s announcement on the phased approach to the reopening of amusement parks and other recreational activities in Qatar. The opening of Virtuocity and Snow Dunes will be followed by the reopening of Angry Birds World which will be announced soon.    After months of closure, ......read more

    Don't Miss SCRF 2021's Super Exciting Children's Workshop at the Dubai Festival City Mall this Weekend!

    Taking place from May 25 – 29, Scribble Bots is ideal for kids of all ages Sharjah, May 27, 2021  Parents headed to the Dubai Festival City Mall this weekend can look forward to some exquisite ‘me-time’, as the 12th Sharjah Children’s Reading Festival (SCRF) will keep your young ones engaged at the fun and creativity-inspiring Scribble Bots workshop.  The sessions, presented by Oli Oli - Dubai’s first experiential children’s play museum – began on Tuesday, May 25, and will continue through the weekend, teaching children how to create the simplest robots with every day materials. Once ready, these cute, wobbly bots can be used by their young creators to make a variety of colourful art! This is a great workshop for kids of all ages, and combines the principles of technology, ......read more

    Dubai Festival City Mall Set to Participate in the Three-Day Super Sale with Up to 90% Off

    Dubai Festival City Mall visitors have the chance to win an AED 10,000 Festival City Malls gift card when they spend AED 500 or more  Shoppers will be able to splurge on over 400 international and regional brands all under one roof this weekend   Dubai, UAE, 25th May 2021: Those looking for a perfect spot for retail therapy this month, need not look any further as Dubai Festival City Mall, part of Al-Futtaim Malls, will be participating in the Three-Day Super Sale from Thursday 27th May to Saturday 29th May 2021. Over the course of this weekend, shoppers will be spoilt for choice with a range of fantastic deals and savings of up to 90% off across participating retailers, plus extra shopper incentives – including a chance to win one of two AED 10,000 Festival City Malls gift cards. To celebrate the Three-Day ......read more

    The Dubai Mall to Host 3 DAY SUPER SALE– with Discounts of Up to 90% Off!

    • Up to 90% off on Fashion & Lifestyle brands • Incredible offers from hundreds of retailers from 27 May to 29 May • Find the latest offer on The Dubai Mall app   May 25, 2021:  The Dubai Mall, the world’s largest and most-visited retail and entertainment destination, will host the highly anticipated 3 Day Super Sale from 27 to 29 May. Fashionistas, rejoice!    Taking place from 27 to 29 May, the 3 DAY SUPER SALE will see hundreds of retailers offer discounts of up to 90% off of the most loved Fashion, Beauty and Lifestyle brands. Shoppers at The Dubai Mall will undoubtedly be spoilt for choice, with over 1,300 preferred retailer brands, over 200 international dining experiences to explore and entertainment for the whole family- there is no better place to visit and ......read more

    One Million Emirates Skywards Miles, Big Savings of Up to 90 Per Cent and Much More Up for Grabs During 3 Day Super Sale!

    Dubai, United Arab Emirates, 24 May 2021:  This year’s first 3 Day Super Sale (3DSS) will wow shoppers with huge savings, mega deals and life-changing prizes! Taking place from 27 to 29 May, the 72-hour retail celebration will see prices drop by up to 90 per cent at more than 1,500 stores and brands, plus incredible promotions at some of the city’s best-loved shopping malls.    Organised by Dubai Festivals and Retail Establishment (DFRE), all the malls, stores, outlets and branches taking part in this latest edition of 3DSS will follow all of the important health and safety rules, including social distancing and the wearing of masks at all times.   The Dubai Mall Residents and visitors shopping at The Dubai Mall during 3DSS will have the chance to win a Fenyr SuperSport hypercar and one million ......read more

    Eros Group Opens Two New Retail Stores in Dalma Mall and City Centre Al Zahia and Re-Brands as EROS Stores

    UAE, 24th May, 2021:  Eros Group - the distributor of world-renowned brands, including Samsung, Hitachi, TCL, Midea and Ariston, and one of the leading players in consumer electronics, telecom, and allied multi-products in the Middle East has recently opened its retail store in Dalma Mall in Abu Dhabi and City Centre Al Zahia in Sharjah, renowned community malls that offer an amazing shopping experience with some world's best brands.  Located on the ground floor at City Centre Al Zahia, Sharjah in the electronics section with a square foot of 6,200, this store boasts the biggest retail store in the UAE. While Dalma Mall, Abu Dhabi is at 2,900 sq. ft. The new stores are newly designed and re-branded from Eros Digital Home to EROS which will be reflected in the all-consumer related touchpoints very soon. EROS, the retail ......read more

    Dubai's Biggest Shopping Weekend, 3 Day Super Sale Returns With Mega Savings of Up to 90 Per Cent

    Dubai, United Arab Emirates, 23 May 2021:  One of Dubai’s most anticipated and best loved shopping events, 3 Day Super Sale (3 DSS) is set to return for its first edition of 2021. Taking place from Thursday 27 May to Saturday 29 May, the bi-annual mega promotion will invite residents and visitors to explore huge savings of up to 90 per cent on a great selection of lifestyle, beauty, fashion, electronics and many more items across the city’s world-famous malls.   Bringing together big-name global brands along with homegrown favourites and regional retailers, 3DSS will see prices drop at more than 1,500 stores during 72 hours of epic savings, super offers and not to be missed deals.   Organised by Dubai Festivals and Retail Establishment (DFRE), all of the malls, stores, outlets and branches taking part in ......read more

    Vasileios Oikonomopoulos Appointed General Manager of Mondrian Doha Hotel

    A seasoned professional with over 20 years of experience in hospitality across Europe, Asia, Africa and Middle East, Vasileios will work on bringing Mondrian to new heights in Doha 17 May 2021, Doha, Qatar – Mondrian Doha, managed by leading international lifestyle hospitality group, sbe, is pleased to announce the appointment of Vasileios Oikonomopoulos as the new General Manager of the hotel.  Vasileios will oversee all the hotel’s operations and lead the execution of the long-term strategy focused on diversifying Mondrian’s offer and clientele, engage with the leadership team at Mondrian Doha to revive its partnership strategy, and reaffirm the property’s positioning as one of the leading lifestyle hotels in the Middle East and globally.  Chadi Farhat, Chief Operating Officer, sbe, said: ......read more

    Egyptian Expat Celebrates Eid with Brand-New BMW Car after Winning at Sharjah Ramadan Festival Big Raffle Draw

    Sharjah, May 15, 2021:  Many shoppers have celebrated their Eid with wonderful prizes and gifts after winning in the big raffle draw held on Friday evening at Sahara Centre Mall as part of the 31st Sharjah Ramadan Festival 2021, organized by the Sharjah Chamber of Commerce and Industry (SCCI). The big winner was from Egypt, Asmaa Al Awani, who won the grand prize, a brand-new BMW car, while 5 City Centre Al Zahia will be last the stop for the 31st edition of the Sharjah Ramadan Festival, where the final raffle draw will be held at 8 pm offering shoppers 2 BMW cars, 5 shopping vouchers worth AED 5000, 10 shopping vouchers worth AED 2500, and 5 Samsung smartphones. Congratulating the winners, Jamal Bu Zinjal, General Coordinator of the Festival, said that the Emirate of Sharjah is always keen to draw a smile on the faces of ......read more

    Festival City Celebrates Eid Al-Fitr with Engaging Online Activities and Creative In-Mall Displays

    As the Holy month of Ramadan comes to an end, Doha Festival City gears up for Eid Al-Fitr with bespoke Eid decorations and interactive installations throughout the mall  All visitors will have an opportunity to learn ‘Eid Mubarak’ in different languages, and take photos with original Eid Al-Fitr-dedicated artworks Doha, Qatar – 13 May 2021: Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment, is welcoming Eid Al-Fitr with a variety of fun and exciting online engaging activities starting from the first day of Eid, inviting visitors to share in the generous spirit of Eid-al-Fitr.  Starting from the 12th of May, Doha Festival City will display Eid Al-Fitr greeting message on all digital screens, as well as several installations allowing visitors to take ......read more

    Celebrate this Eid with Union Coop: Two Exclusive Campaigns to make Consumers Happy

    Exclusive campaigns worth AED 10 Million will cover products from different essential categories   Dubai, UAE - May 10, 2021:  Union Coop, the largest consumer cooperative in the UAE maintained its tradition of concluding the holy month of ‘Ramadan’ and welcoming Eid with exclusive discounts & promotion campaigns.  Talking about the exclusive campaigns, Dr. Suhail Al Bastaki, Happiness & Marketing Director, Union Coop said: - “For Eid, we have two special campaigns to delight the consumers, of which the first started on May 6th and will run until 19th with discounts up to 75% on various food and non-food products. Whereas the second campaign aptly named ‘Prices Crashed’ will be a 3-day sale from 10th to 12th May, covering 5000 Food and Non-Food products with ......read more

    Emaar Malls Reports AED 901 Million (US$ 245 Million) in Revenue for Q1 2021

    • The profit recorded for Q1 2021 was AED 318 million (US$ 87 million), 169 percent higher than Q4 2020 • The strong recovery in tenant sales was driven by double average spend per visitor. • Emaar Malls’ opened the region’s first Time Out Market in Souk Al Bahar on April 7th, 2021 • The Dubai Mall Village expansion added gross leasable area of 79,000 sq.ft. from February 2021   Dubai, United Arab Emirates; May 10, 2021:  Emaar Malls (DFM: EMAARMALLS) recorded an increase in net profit by 169 per cent to AED 318 million (US$ 87 million) during the first quarter (January to March) of 2021, compared to the net profit of AED 118 million (US$ 32 million), during the last-quarter (October to December) of 2020. Revenue for the first three months of 2021 amounted to AED 901 million (US$ ......read more

    Majid Al Futtaim Opens its First Hybrid Cinema and Family Entertainment Centre in the UAE at Wafi City

    • All encompassing entertainment experience features VOX Cinemas and Magic Planet complemented by F&B options • State-of-the-art 15-screen multiplex boasts first Samsung Onyx Screen in the UAE • Launch marks VOX Cinemas’ fifth cinema opening across the region since 2020   Dubai, United Arab Emirates, 09 May 2021: Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, today opened its first hybrid cinema and family entertainment centre (FEC) in the United Arab Emirates at Wafi City. The state-of-the-art entertainment hub spans two floors and comprises VOX Cinemas, the Middle East’s most innovative and fastest growing exhibitor, integrated with Magic Planet, the regionally award-winning family entertainment ......read more

    Lootah Real Estate Development Appoints Raja Alameddine as Chief Executive Officer

    Industry veteran with more than two decades of experience in various asset classes will chart a new course for the growth and overall success of the organization Dubai, United Arab Emirates; May 09 2021:   Lootah Real Estate Development (LRED) has appointed Raja Alameddine as the company’s new CEO. Raja will be responsible for leading his team strategically, expanding the company’s regional footprint and driving a new vision within the organization. He brings with him extensive experience in various asset classes, including master-planned cities, mixed-use communities, and innovative lifestyle developments. As real estate offers tremendous growth potential, Raja will also be leveraging his rich investment banking experience to further enhance Lootah’s real estate offerings. He will also be ......read more

    Wonderful Surprises Awaiting Shoppers at Sharjah Ramadan Festival 2021 Grand Raffle Draw

    Sharjah, May 8, 2021:  The Sharjah Ramadan Festival 2021 continues to create an amazing festive atmosphere across the Emirate and put a smile on the faces of shoppers and visitors, as 3 shoppers won 3 smartphones, 18 winners won shopping vouchers worth AED 5000, and 10 shoppers won AED 2500 shopping vouchers each in the festival’s second raffle draw held at the Oasis Mall Sharjah on Thursday. While congratulating the winners and wishing the best of luck for all shoppers in the upcoming draws, Hana Al Suwaidi, Assistant General Coordinator of the Festival, underlined that year's edition is seeing the participation of most shopping centers and retail stores in the Emirate of Sharjah, not only that but they competed with each other to offer wonderful prizes, including luxury cars and many gift vouchers. Al Suwaidi ......read more

    Festival City Celebrates Eid Al-Fitr With Exciting Offers and New Collections

    As the holy month of Ramadan comes to an end, Doha Festival City retailers launch an array of special offers and new collections, spreading the excitement of Eid celebrations in Qatar   Doha, Qatar – 6 May 2021:  Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment, is getting ready for Eid celebrations with exclusive promotions and the launch of new collections across homeware, clothing, and food and beverage outlets.  Those eager to spruce up their homes for the Eid celebrations, or looking for unique gift ideas, can visit top homeware retailers at Doha Festival City including Laura Ashley and Madam Coco. Mixing modern design with refined tradition, the iconic Laura Ashley invites Qatar residents to take advantage of its Mega Offer running until the 15th of May. ......read more

    Carrefour Lands a New Store at Dubai International (DXB)

    Dubai, UAE, 5 May, 2021:  With travel restrictions easing across the world, Carrefour – owned and operated by Majid Al Futtaim in the UAE – has opened a new store at the world’s busiest international airport, DXB, to make shopping more convenient than ever. Located in the arrivals area of DXB’s Terminal 3, the 24-hour store opened its doors on Thursday 4 May, offering high-quality products for tourists, frequent fliers and the local community. Commenting on the launch, Bernardo Perloiro, Chief Operating Officer of Carrefour at Majid Al Futtaim Retail, said, “As a brand famous for welcoming the people of the UAE at its stores for the last 25 years, we are thrilled to be greeting travelers as they arrive at DXB. The new Carrefour store in Terminal 3 will offer a superior range of quality products to ......read more

    Saudi Arabia's Basamh Digitally Transforms to Drive GCC's USD 253 Billion Retail Market

    • Basamh Gains Real-Time Decision-Making in FMCG with SAP Solutions     RIYADH, Kingdom of Saudi Arabia — 5 May 2021:  Basamh Trading and Industries Group, one of Saudi Arabia’s most successful purpose-led fast-moving consumer goods (FMCG) businesses in in the Middle East and Africa, announced today its digital transformation is driving the GCC’s USD 253 billion retail market.   Thanks to robust population growth, the rise in e-commerce, and multi-national brands entering the region, the GCC’s retail market has topped USD 253 billion, according to Alpen Capital.   Basamh, with top brands Goody, Cofique, and Treva, and a distributor of a range of quality brands such as Perfetto, Betty Croker, Nature Valley, Bugles, Best Mix, Glade, Raid, Pledge and Windex, is ......read more

    Doha Festival City Wins 3 Awards at the 2021 World Marketing Congress Awards

    Recognized for innovation and outstanding industry leadership, Festival City won ‘Best Digital Integrated Campaign for Festival Fashion TV (FFTV)’, ‘Best Strategic PR campaign for Mother’s day 2021’, and ‘Best Multichannel Integrated Campaign for Festival City Raffle Draw’ Awards Doha, Qatar – 2 May 2021: Doha Festival City, Qatar's one and only choice for shopping, dining and entertainment, is pleased to announce it has received three prestigious accolades at the 2021 World Marketing Congress Awards. The World Marketing Congress Awards is conducted in strategic partnership with CMO Asia and the World Brand Congress, and is the single largest gathering of best marketers behind some of the world’s most successful and sought after brands.  Doha Festival City was crowned ......read more

    Dubai Shopping Malls Group Introduces Summer Season Promotion for Dubai Shoppers; 1 Million Worth of Prizes Up for Grab

    ● The campaign kicks off with its first mega promotion – EID in Dubai, where shoppers can try their luck with the raffle promotion on 3 days of EID  ● A total of 1 million worth prizes up for grab including six brand new infinity Q50   Dubai, April 2021: Dubai Shopping Malls Group (DSMG) in association with Dubai Festivals and Retail Establishment (DFRE) is back with its annual ‘Dubai Summer Season’, a citywide campaign that offers a chance of winning luxurious car and cash prizes. The summer season campaign beginning from 1st May 2021 will go on till 4th September 2021 with four mega promotions, which includes EID in Dubai, Dubai Summer Surprises, Back to School and Eid Al Adha. With an all-new contactless mechanism for a digital raffle draw and high safety measures for residents of ......read more

    Emaar Malls 6th Annual General Meeting Highlights Company's Achievements for 2020

    Dubai, UAE- 28 April, 2021: Emaar Malls PJSC held its Annual General Meeting (AGM) yesterday evening, on 27 April 2021 and its Board of Directors reflected on the company’s achievements despite the challenging market conditions affected by the Covid-19 pandemic on the global economy and the retail industry. The Board of Directors highlighted Emaar Malls PJSC’s efforts to support Dubai Government’s fight against Covid-19 with the implementation of Vaccination Hub at The Dubai Mall. They also highlighted Emaar Malls’ support to their retail tenants’ financial wellbeing and efforts to protect the SME’s by providing more than AED 1 billion (US$ 272 million) in rental relief during 2020. The support was further extended until 31 March 2021. During the AGM, the Directors Report on the primary ......read more

    THAT Concept Store Pulls Out all the Stops to Celebrate Ramadan in Style

    • Giveaways, immersive experiences and unique workshops will be available throughout the month at THAT Concept Store • THAT’s Ramadan display on Via Rodeo is another example of Majid Al Futtaim’s retail innovation and creative thinking    Dubai, United Arab Emirates, April 26, 2021: Always pushing the boundaries of the traditional retail experience, ‘THAT’ Concept Store is expanding its physical blue-print with a dazzling display on Via Rodeo in Mall of the Emirates to showcase its luxury collection and offer a sneak peak of all the excitement happening inside. The Ramadan activation will be open throughout the Holy Month, complete with complimentary coffee and chai, Arabic sweets and bites from newly opened Japanese café, UCHI M’OISHÎ. Henna, calligraphy and games galore ......read more

    Danube Home Launches Their All New Danube Home Services Division

    Frontline workers get free disinfection service in the first month of launch 50% INTRODUCTORY DISCOUNT ON ALL SERVICES    April 26, 2021:  Danube Home, the region's number one destination for all home interior and exterior needs are now venturing into specialized cleaning & sanitization services like mattress cleaning, AC duct cleaning, disinfection services, and mold remediation.   “Proper hygiene and sanitization of homes to keep germs away has become the need of the hour due to the ongoing pandemic. Homes are where one should feel safest. However, that is not always the case. Due to common air flow systems in residential buildings and commercial establishments, and dust and other impurities rushing in through vents or open windows and doors, pollution indoors is roughly 2-5 times more than ......read more

    Dubai Festival City Mall Launches Exclusive Art Exhibition to Celebrate Holy Month

    Showcasing the 99 names of Allah, the 15 art displays can be enjoyed throughout the mall during Ramadan     April 25, 2021:   To celebrate the Holy Month, the major shopping, dining, entertainment, and retail destination, Dubai Festival City Mall is bringing a unique, one-of-a-kind art exhibition for its visitors throughout Ramadan.  The 15 art display stands will showcase the 99 names of Allah in a beautiful exhibition located in various places around the mall. Furthermore, the first one hundred visitors to the exhibition each day will receive an art collector book to take home to extend the experience.   Starting this week, Dubai Festival City Mall will also host a live painting demonstration where a specially selected artist will produce exceptional pieces of art to create a mural ......read more

    18 Lucky Winners in First Shop & Win Raffle Draw at Sharjah Ramadan Festival

    Sharjah, April 24, 2021:  As the 31st Sharjah Ramadan Festival activities continue across the Emirate of Sharjah, 18 lucky shoppers won shopping vouchers ranging from AED 2500 to 5000, totaling AED 50,000, in addition to 3 winners of 3 smartphones. This came during the first Shop & Win Raffle Draw held at Mega Mall Sharjah on Thursday evening. Congratulating the winners, Jamal Bu Zinjal, General Coordinator of the Festival, underlined that the upcoming days still have more surprises and prizes of up to AED 3 million. Bu Zinjal stressed the SCCI’s keenness put a smile on the faces of the visitors of the Festival through a lot of recreational events and activities coupled with exclusive discounts and incredible deals, pointing out that the increase in prizes provided by the SCCI this year has significantly ......read more

    United in Ramadan: Celebrate the Essence of Ramadan with Mall of the Emirates and City Centres across UAE

    Dubai, UAE, 19 April 2020:  Mall of the Emirates and Majid Al Futtaim’s City Centres are celebrating Ramadan 2021 under the collective theme of United Together. The campaign — which aims to give back to the community on a whole new level while also giving customers the opportunity to give back — is offering customers a variety of diverse and engaging experiences across Majid Al Futtaim’s UAE mall portfolio. Customers can expect themed pop-up markets, luxury capsule stores, chef’s workshops and other exciting activations throughout the Holy Month. Fuad Sharaf Managing Director, UAE, Majid Al Futtaim Properties commented: “This is the second year in which we are celebrating a different Ramadan to what we are used to. However, under the United Together theme we hope to enable visitors of Mall of ......read more

    Majid Al Futtaim Malls and Time Out Dubai Reveal Winners of Love Food Awards 2021

    Dubai, UAE -  18 April 2020:  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia has announced the winners of the 2021 Love Food Awards in collaboration with leading F&B publication, Time Out Dubai.   The winners were decided through a mass voting campaign which included 23,187 customers voting, a total of 301,431 votes across the different categories. The awards sought to crown the favourite mall dining concepts in different categories across Majid Al Futtaim’s malls in the UAE such as Mall of the Emirates and all of City Centres, as decided by foodies and food connoisseurs across the emirates.           Here are the Majid Al Futtaim shopping mall eats that were rated as the best in ......read more

    Design International Unveils Its Latest Architectural Masterpiece in Dubai, Silicon Central, and Celebrates the Opening of Lulu Group's 209th Hypermarket

    Dubai, UAE - Silicon Central, designed by Design International, opens its doors to the public of Dubai who will experience the latest Lulu hypermarket, a new 9,000 sqm flagship store by Lulu Group. The project, already considered a new landmark in Dubai, represents a step forward in the now well-established collaboration between Design International and Line Investments & Property FZE, the shopping mall division of Lulu Group International, a world-renowned purveyor of an international business portfolio that ranges from hypermarket operations to shopping mall development. Strategically positioned 12 km from the city-centre and 15 km from Dubai Airport, Silicon Central is located at Dubai Silicon Oasis, the first eco sustainable district in Dubai focused on low carbon footprint, AI, and technology, masterminded by Dr. ......read more

    Summary of Weekly Real Estate Transactions for the Week Ending 15 April 2021

    United Arab Emirates -  April 17, 2021:    The real estate and properties transactions valued at 4.3 billion in total during the week ending 15 April 2021. The sum of transactions was 1,733. 135 plots were sold for AED 630.04 million, 1,107 apartments and villas were sold for AED 2.05 billion. The top three transactions were a land in Hadaeq Sheikh Mohammed Bin Rashid sold for AED 53 million, followed by a land that was sold for AED 51.4 million in Wadi Al Safa 3, and a land sold for AED 53 million in Hadaeq Sheikh Mohammed Bin Rashid in third place. Al Hebiah Third recorded the most transactions for this week by 22 sales transactions worth AED 54.07 million, followed by Hadaeq Sheikh Mohammed Bin Rashid with 21 sales transactions worth AED 188.92 million, and Nad Al Shiba Third with 17 sales transactions worth ......read more

    Festival City Launches Ramadan-Inspired Cultural and Educational Displays under the Theme “Ramadan Around the World”

    Throughout the holy month of Ramadan, Qatar’s favourite shopping destination, Doha Festival City offers visitors a glimpse into Ramadan traditions from around the world, shedding light on different cultures through a series of interactive installations. Doha, Qatar – 13, April 2021:  Doha Festival City, Qatar's one and only choice for shopping, dining, and entertainment, is celebrating Ramadan with special cultural interactive activities designed to take visitors on a journey across the globe, spanning a variety of cultures and traditions, in observing the customs of Ramadan across the world. Throughout the month of Ramadan, visitors of the mall can enjoy a special Ramadan “Mosahraty Large Drum” photo opportunity, an interactive installation where they can take pictures while reenacting the ......read more

    Other Top Stories from Real Estate
     
    “Union Properties P.J.S.C.” Records 5.6 Million Dirhams in Net Profit for Q1 2021 compared to a net loss of 121.9 million dirhams for the same period in 2020

    United Arab Emirates, Dubai, 16th May 2021 - Union Properties P.J.S.C., the iconic property developer with a portfolio of diversified subsidiaries, announced 5.6 million Dirhams in net profit for the first quarter of 2021 compared to a net loss of 121.9 million dirhams for the same period in 2020. The company has attributed this profit to a number of key factors including the group’s focus on capturing group synergies through improving key operational activities across the group, a significant reduction in overall group costs including a decrease in direct costs and administrative ......read more

    Sharjah Chamber of Commerce & Industry Launches 31st “Sharjah Ramadan Festival”

    The long-awaited event will feature attractive offers, vouchers worth AED 50,000, and many prizes worth up to AED3 million Sharjah April 11, 2021: The Sharjah Chamber of Commerce & Industry (SCCI) will launch (Tuesday) the 31st “Sharjah Ramadan Festival”, promising Sharjah residents and visitors with exciting activities and events that aim to strengthen Sharjah’s status as an outstanding tourist destination across the region.  Organized by the SCCI in cooperation with a number of government and private institutions, the new season of the Sharjah Ramadan Festival ......read more

    City Centre Mirdif Creates a Fashion Line to Educate About Autism

    Dubai, UAE, 8April 2020: City Centre Mirdif has collaborated with leading names in the Middle East fashion industry to launch a fashion line and complementing campaign that addresses the lack of knowledge on autism.  The Spectrum Collection is inspired by the seven conditions of the autism spectrum, each of which is represented by a colour. This variety of colour has been applied to create a unique and highly desirable collection that fashionistas can pay for through money or a different kind of currency — knowledge. Those interested in accessing pieces from The Spectrum ......read more

    Hotpack Opens UAE's Largest Retail Outlet for Disposable Food Packaging Products

    32nd sales centre in Umm Suqeim Street, Al Barsha, to offer innovative packaging and hygienic range of products United Arab Emirates -  April 08, 2021:    The world’s leading manufacturer of disposable food packaging products, Hotpack Global, announced opening of its largest retail store for food packaging products in the UAE. The outlet is the biggest of Hotpack’s 32 sales centers, will offer a versatile range of food packaging products for both retail and wholesale customers, Hotpack Global said in a statement, adding that its product range will ......read more

    Al Zahia Brings Carrefour as North Hub's First Anchor Store

    · The retail leader brings effortless convenience to residents across the community · Construction began in Q4 2020, with Carrefour set to open in Q3 2021 · The partnership emphasises the value gained from Majid Al Futtaim’s diverse ecosystem of retail and entertainment options   Sharjah, UAE, 7 April 2021:  Al Zahia — Sharjah’s premier lifestyle destination — has announced that Carrefour, operated by Majid Al Futtaim in the UAE, will be the first anchor store to open at the community’s North Hub— a retail ......read more

    City Centre Mirdif's Cosmotel Pop-Up Celebrates the Spring/Summer Style Season with a ‘90s Throwback

    • More than 30 big names in fashion and beauty brands will host engrossing and inspiring masterclasses, activations, and demonstrations • Open from 6 April to 11 April in the mall’s Central Galleria • Nostalgic ’90s vibe reflects the Spring/Summer 2021 trends • From our own beauty lounge and walk in closet to the candy bar of your of your dreams this is one motel you’ll never want to check out of   Dubai, UAE, 7 April 2020: City Centre Mirdif has invited customers to check in to an unmissable hotel-themed fashion and beauty pop-up this ......read more

    The World's Largest Banksy Experience at Mall of the Emirates

    • The largest in the world, Mall of the Emirates will house “The World of Banksy” • The exhibition will showcase 120 of the internationally renowned street artist’s most inspirational works  • “The World of Banksy” will be exhibited from 5 April 2021- June 30, 2021 • This exhibition is a partnership between Dubai culture and Mall of the Emirates    Dubai, United Arab Emirates -  April 06, 2021:  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle ......read more

    Al Atheer Real Estate Development Company gears up to launch “Obhur Park Project” in North Obhur “Jeddah the Future”

    The project boasts a strategic location and integrated facilities and units combining modern and Spanish architectures  Obhur Park Project provides diversified residential solutions to meet the needs of Saudis, in partnership with the Ministry of Municipal and Rural Affairs and Housing, targeting Sakani programme’ s beneficiaries       March 31, 2021- Al Atheer Real Estate Development Company announced that it is gearing up to launch Obhur Park Project, an integrated, multipurpose destination, and one of the leading large-scale residential ......read more

    Carrefour Invests Over AED 30 Million In Ramadan 2021 Promotions As Part Of Its ‘Together We Share' Campaign

     Over AED 30 million investment will enable Carrefour’s customers to enjoy up to 70 per cent discounts on Ramadan products   The investment aims to make Ramadan 2021 affordable for everyone  Carrefour is boosting its local supply chain to meet the increased demand for Ramadan products  Local charities supported by Carrefour this Ramadan include: Emirates Red Crescent, Al Jalila Children’s Specialty Hospital, Al Noor Rehabilitation & Welfare Association for People of Determination and Senses    Dubai, UAE - 31 March ......read more

    Dubai Shopping Malls Group to Reward All Foodies in Dubai Over 200,000 Winners to Win Big With Dine & Win Promotion

    ● Over 1000 high-street restaurants, 09 malls, and select food outlets at all Dubai Airports to participate this DFF ● Dine-in for AED 50 at any of the participating outlets in Dubai to win the GAC GS3 by Gargash Motors and 200,000 chances to win instant Zomato Pro membership   United Arab Emirates -  March 29, 2021:  Dubai Food Festival (DFF), one of the most loved festival of the UAE is returning for its 8th edition with its extremely popular DINE & WIN promotion. Commencing on 25th March, the largest gastronomy event of the region will bring ......read more

    Discover the Authentic Flavours of Ramadan With Hearty Iftar Buffets at Jannah Hotels & Resorts

    Dubai, UAE - 25 March 2021: Jannah Hotels & Resorts invites guests, diners and members of the community to enjoy the true tastes of Ramadan with traditional Iftar meals expertly prepared and served at its UAE properties. A time for friends and family to enjoy special moments together as well as great food, the chefs at each of the Jannah Hotels & Resorts’ restaurants will present extensive Ramadan menus that are ideal for fasting guests as well as non-Muslim diners who want to experience the flavours, traditions and community spirit of this auspicious time of ......read more

    Vincitore Realty Launches Largest Outdoor Retail Experience to Create a New Downtown at Dubailand

    Vincitore Realty is redefining the boutique retail experience in Dubailand with its latest offering – The Promenade at the Vincitore Boulevard near Miracle Gardens at Arjan in Dubailand – that is going to offer a completely new outdoor retail experience and attract visitors to the neighbourhood     Date: Dubai, UAE, March 24, 2021   News Highlights:   1. Vincitore Realty launches The Promenade, one of its kind retail concept realty ready to become the new retail downtown of Dubailand;   2. The Promenade is planned to cater to all ......read more

    Global Village Extends Silver Jubilee Season for Two Weeks: Guests to Enjoy Ramadan Shopping Experience From Around the World

    Following close consultation with partners, Global Village will now be open May 2nd so guests can experience the first weeks of the Holy Month at the park  Dubai, UAE – 22 March 2021: Global Village, the UAE and wider region's leading multicultural family destination for culture, shopping, and entertainment, has announced that Season 25 will be extended by two weeks until Sunday, May 2nd. The Silver Jubilee anniversary has seen high popularity with guests enjoying the celebrations and outdoor weather while exploring a world of wonder. As such, this latest news is sure to be ......read more

    TIMCO completes nearly 20 per cent construction work on Rawasen Residential Project

    TIMCO completed 40 per cent of phase 1 comprising 116 residential units, 52 townhouses and 64 apartments 21 March 2021- Tamimi Trading & Contracting Co (TIMCO) has revealed that nearly 20 per cent of construction work on Rawasen Residential Project has been completed. Located north of Yanbu Al-Bahr, the construction project has completed 40 per cent of phase 1 which comprises 116 residential units, 52 townhouses and 64 apartments.   There is a high demand for this residential project, given the strategic location, high standard of facilities available within the community ......read more

    Summary of weekly real estate transactions for the week ending 18 March 2021.

    Dubai: The real estate and properties transactions valued at 5.7 billion in total during the week ending 18 March 2021. The sum of transactions was 1,495. 104 plots were sold for AED 548.87 million, 900 apartments and villas were sold for AED 2.16 billion. The top three transactions were a land in Wadi Al Safa 3 sold for AED 41.16 million, followed by a land that was sold for AED 39.35 million in Al Thanayah Fourth, and a land sold for AED 41.16 million in Wadi Al Safa 3 in third place. Al Hebiah Fourth recorded the most transactions for this week by 22 sales transactions worth AED ......read more

    Indian Consul General visits Al Maya Supermarket in RAK

    United Arab Emirates -  March 15, 2021:   Indian Consul General H.E. Mr. Aman Puri on Thursday visited Al Maya’s newly opened supermarket in Ras Al Khaimah at Al Hamra, Al Jazeera area. Mr Kamal Vachani, Group Director, Al Maya Group, welcomed the Indian Consul General at the Group’s first Supermarket in RAK. The Consul General appreciated the availability of a large variety of Indian products at the Al Maya’s Supermarket in RAK. H.E. Mr. Aman Puri said, “Al Maya is playing a key role in serving the Indian diaspora in the UAE with a strong network ......read more

    Union Farm: Union Coop's Latest In-house Organic Farming Concept Debuts at Al Warqa City Mall

    Union Coop’s latest Mall looks forward to promoting a healthy lifestyle within the community with 16 varieties of healthy products     United Arab Emirates -  March 14, 2021:   Union Coop, the largest Consumer Cooperative in the UAE has always been a proponent of wellness and prosperity among the community and society it operates in and the latest revelation come as a testament to its ongoing endeavors. Al Warqa City Mall, the latest addition to the list of malls owned and operated by the Union Coop, is now house to ‘Union Farm’, which is ......read more

    DuPont Water Solutions and Waterise Collaborate Toward Sustainable Subsea Desalination

    Subsea Process, which Reduces Energy Requirements of Desalination by 40 percent, Requires Durable, Long-Lasting Membranes March 7, 2021, – DuPont (NYSE:DD) today announced that it has entered into a collaboration with Waterise to provide seawater reverse osmosis membranes and expertise to the company’s subsea desalination plants. Subsea reverse osmosis (RO) desalination presents a sustainable and more economical new way to turn seawater to freshwater. As subsea desalination leverages the natural hydrostatic pressure found at the depths of the sea to run the reverse osmosis, ......read more

    Sharaf DG Completed a Successful DSF 2021 Campaign

    United Arab Emirates -  March 07, 2021:    MENA region’s leading electronics retailer Sharaf DG ran its DSF campaign from the 17th of December last year which wrapped up successfully on 30th Jan 2021. The campaign titled ‘DG Shopping Festival’ was themed based on Amazing Offers and Amazing Savings with mega prizes that were given away every day at Sharaf DG.  This DSF customers had an opportunity to Win mega prizes like Mazda CX9 GT car, 45 iPhone 12, Samsung 75” QLED TV, Macbook Pro and iPhone 12 Pro Max’. The campaign also offered ......read more

    Union Coop's ‘Smart Deal' Campaign to Run throughout the Year

    The Middle East’s largest discount campaign offers discounts up to 90% on approx. 50,000 products    United Arab Emirates -  March 03, 2021:    Union Coop, the largest consumer cooperative in the UAE, launched a promotion campaign announcing discounts throughout the current year, in which the percentage of discounts reach up to 90% on more than 50,000 products. The yearlong promotion named ‘Smart Deal’ as it allocated AED 174 Million on discounts and this comes within Union Coop’s strategic objective aimed at implementing attractive and ......read more

    FEASTIVAL by Festival Plaza Launches With 25,000 AED Worth of Prizes This March

    Diners at Al-Futtaim’s Festival Plaza, Jebel Ali will have the chance to win  a share of 25,000 AED through a brand-new promotion    Embark on a global culinary adventure with Festival Plaza’s delicious F&B offering including Sumo Sushi & Bento, Peppermill, M&S Café , Tony Roma’s and more    Dubai, 28th February 2021:   FEASTIVAL by Festival Plaza is almost here and what better way to celebrate than having the opportunity to win a share of 25,000 AED to spend at LuLu Hypermarket, courtesy of Festival Plaza, Jebel ......read more

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