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    Featured in Real Estate and Retail
    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 Research’s latest report, the Iraqi economy is projected to expand 1.5 per cent this year before picking up in 2019 with an estimated growth of 4.5 per cent.  Ongoing reconstruction efforts will also boost spending on infrastructure in the ......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 Emirati poets Obaid Al Kabi, Abdullah Abdul Hadi Ghareeb Al Ahbabi, Bakhit Mohammed Salem Mohammed Al-Muhri, and Batool Hussein Ali bin Humaid Al Ali. Nabati poetry has been a cultural feature of Arabia since the 16th century. Reflecting the natural ......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 encourages the whole family to visit, commenting: "The Ripe Market has grown significantly in the past couple of years and we are excited to collaborate with Dubai Festival City to host more pop-up markets in the coming year. We love how our ......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 commission, no service charges and AED 50,000 gift vouchers from Dubai Festival City.    Dubai Festival City Mall   The Mall will be celebrating the holidays with two sets of fireworks displays over two consecutive days as well as ......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 event:    Event: Al-Futtaim ACE Eid Massive Event  Date: August 21-25 (available online from Aug 20)  In-store activities:  Henna artist, face painting, balloons, cotton candy and popcorn for kids in addition to live ......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 performances.  Held in partnership with Department of Culture and Tourism and in participation with Abu Dhabi Summer Season, ‘Around the World’ features a theme of folklore from countries all over the world, where each country showcases their famous ......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 historic space exploration and celebrating the most ground-breaking achievements in space history. The exhibition is open daily from the first day of Eid until 10 September from 2 pm to 10 pm. Visitors of all ages can learn about the universe, and ......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 assembled in its French manufacturing plants and workshops.    DALBY's strength is its adaptability and flexibility. Our engineering teams are continuously developing or modernising our products and tailoring them to meet the ......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 help regulate the relations and service agreements with property owners.  HE Eng. Marwan Ahmad Bin Ghalita, Chief Executive Officer of RERA commented, "We are pleased to sign this agreement with Commercial Bank of Dubai that will act as a ......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 & Resorts and Conrad Hotels & Resorts.    The website, where experiences are filtered by the senses, will give guests unprecedented access to local tastes, sights and sounds, including a chance to live the highlife with the Waldorf ......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, UAE, August 07, 2018:  Danube Properties, a major Dubai-based property developer, announced that its latest project – the Dh550 million Lawnz – has been sold out within five days of its launch.   The project’s ......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 from 17th August to 23rd August.  Are you ready for these radical reptile brothers? Trained in the art of ninjitsu by a wise rat sensei they call Master Splinter, Leonardo, Donatello, Raphael and Michelangelo, the Teenage Mutant Ninja Turtles ......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 Indian Independence Day, 15th August, 2018 from 7pm to 11pm. Drawing inspiration from India’s diverse street-food and regional specialties, Chef Sharafat has curated an indulgent treat at Swaad restaurant, priced at just AED 99 per person. Kick ......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 in an all singing and dancing live show.   Shoppers at the Mall will enjoy numerous roaming entertainers every few hours, and the record-breaking multimedia IMAGINE shows that run daily on Festival Bay from 7.30pm every 30 minutes, keeping ......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 in simple-cycle mode. Siemens will supply five of its highly-efficient steam turbines, ensuring the additional power supply comes at no extra fuel requirement. With this upgrade, the facility will be converted to operating in combined cycle mode and ......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 strategy and goals in the meeting, and was briefed on the company’s operational progress to date, future plans and initiatives.  Prior to the Board meeting, H.H. toured the Etihad Rail site in Mirfa, visiting and inspecting a number of ......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, Marketing Manager, Al Ghurair Properties, said, “This multicultural event imparts a strong message of unity in diversity. With such events we want to create a platform that educates, entertains and engages people about the various ethnicities ......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 greenery, but they want to be able to raise their families in homes that seamlessly blend contemporary style with traditional elements of the Omani culture and landscape. Al Mouj Muscat, Oman’s first and largest Integrated Tourism Complex, ......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 statement that the Al Habtoor Group plans to expand its Habtoor Hospitality-management portfolio. Also present at the signing ceremony were; Rudi Jagersbacher, Hilton’s President of Middle East, Africa and Turkey, Patrick Fitzgibbon, SVP of ......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 level of operating excellence and service to all stakeholders.   The expansion plans will also enable the plant to maximise the amount of reused water produced, thereby doubling the capacity from 30 million litres of high-recycled water ......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 fashion line with Poca & Poca on Saturday 4 August, exclusively at Robinsons. With a mini fashion show lined up for guests at 6 pm, shoppers that purchase any item from Hala’s new line, have a chance to receive a free ticket. The last weekend ......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 his innovative and pro-active approach, Mr. Sharabassy is confident that despite the current challenges in the market Danat Al Ain Resort will remain on top. On his appointment, Mr. Sharabassy says "It's a great privilege to be back to AL AIn ......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, capital restructuring, mergers and acquisitions, and Life Insurance Corporation Housing Finance Ltd. Asset Management Company (LICHFLAMC).   LICHFLAMC is a subsidiary of LIC – India’s largest insurer and financial institution with ......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 day while they are out at work.   A quarter (24%) admit to keeping their AC on while they leave the country and travel during the summer.  Men are more likely to leave their AC on when they travel (26%) compared to women ......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, allows the payments to be made at specific stages of the property development. An additional three options have been devised including – 100% payment upfront for a discounted price, 50% up front and 50% upon handover with a discount on the ......read more

    Other Top Stories from Real Estate and Retail
     
    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

    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

    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

    Union Coop's ‘Final Reduction' Success leads to ‘Flash Sale' Promotion to delight the customers. Plus, a glam event for all to attend at Etihad Mall

    Dubai, UAE, July 05, 2018:  The Retain Pioneer announces a sequel to its highly successful ‘Final Reduction’ by the name of ‘Flash Sale’, on July 5th Thursday, from 1:00 PM to 1:00 AM. There will also be an event at 5:00 PM at the Union Coop – Mirdif Branch, Etihad Mall, Gate No 2 that will see Notable Actors and Social Media Influencers in attendance…  Union Coop has always been very particular when it comes to value-for-money promotions and taking the feedback of their valuable customers after every promotional campaign.  After the ......read more

    SNC-Lavalin and its Atkins business awarded new global framework agreement by BP global wells organization

    Dubai, UAE, July 02, 2018:  SNC-Lavalin (TSX:SNC) is pleased to announce that the combined SNC-Lavalin and Atkins business has been awarded a 5-year framework contract by BP global wells organization for global riser analysis services. SNC-Lavalin acquired WS Atkins plc on July 3, 2017. The framework covers four main scopes of work; marine riser and wellhead systems analysis, analysis for wellhead fatigue monitoring, completion landing string analysis, and open water work-over riser analysis.  “To be named as one of BP global wells organization’s engineering ......read more

    Gulf region's burgeoning automation sector creates new industry platform in Dubai

    SPS Automation Middle East 2018 to showcase latest innovations dedicated to industrial and building automation  Two-day event signs BECKHOFF, Bosch Rexroth, SICK, and Pilz as Launch Partners; Abu Dhabi Polytechnic as University Partner  Dubai, UAE, July 02, 2018:  The Gulf Cooperation Council (GCC) is ushering a new manufacturing era based on a modern industrial society, as the region’s only conference and exhibition dedicated to automation descends upon Dubai with the backing of global industry leaders.  SPS Automation Middle East 2018 arrives at a ......read more

    Summer Fun Starts At Danat Al Ain Resort

    Enjoy splashing under the sun with the mega summer deals from the 5-star luxury resort in Al Ain starting from Dhs229* inclusive of buffet breakfast   Dubai, UAE, July 02, 2018:  Summer is all about frolicking under the sun, getting beautiful tan and just simply embracing the fun this season brings. Whether you are flying solo or planning a vacation within UAE with the entire family or friends, you will definitely be spoilt with choices when it comes to amusements and places to see in the lush green surroundings of the luxurious Danat Al Ain Resort.    The ......read more

    Pinkfong and Baby Shark delight hundreds of families at Dalma Mall!

    Dubai, UAE, June 30, 2018:  Families from across Abu Dhabi and the UAE today started their summer holidays off with a real treat, as they flocked to Dalma Mall to meet some of the world’s most popular cartoon characters and South Korean stars, the adorable Prince Pinkfong from planet Staria, Baby Shark, and all their dancing friends.  Thousands of children enjoyed the daily interactive and educational shows, joining in with singing the world-famous Baby Shark a Doo Doo song. Each concert started with a magical train ride that transported mall shoppers to the enchanting ......read more

    Eros Group Voted UAE's Choice - Superbrand, 8th year in a row

    United Arab Emirates, Dubai, 28th June 2018:  Eros Group, distributor of world-renowned brands like Samsung, Hitachi, Linksys, TCL, Midea, Sonos and many more, was voted a SuperBrand by the SuperBrands Council UAE - the independent authority and arbiter of branding for the eighth time in a row.  Superbrands is a Global Organization which promotes the discipline of branding and pays tribute to the strongest and most valuable brands in the world through its publications and national marketing programs. The Superbrands programme identifies those brands which offer consumers ......read more

    OMRAN and Majid Al Futtaim Partner to Develop Over OMR 5 Billion Project - Madinat Al Irfan The Largest Development in Oman

    Madinat Al Irfan is the Sultanate’s largest urban development project that will create a new downtown area for the Muscat capital district New mixed-use community, adjacent to Oman Convention & Exhibition Centre (OCEC), represents OMR 5 billion investment value over a 20-year period Joint venture project will comprise of more than 11,000 residential units,100,000 sqm of retail space, and 700,000 sqm of office space Dubai, United Arab Emirates, June 27, 2018:   Oman Tourism Development Company (OMRAN), the executive arm of the Government of Oman for the ......read more

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