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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
     
    Urgent scale-up in green building mega projects crucial, leading global construction company warns

    Consolidated Contractors Company calls on fellow construction firms to urgently scale-up their investment in green building mega projects worldwide The call comes as CCC publishes its most recent Sustainability Report, reporting global revenue of $5+ billion and the completion of 1000+ projects worldwide CCC reports 15 green-certified projects as current or completed, the majority of which are ‘mega projects’ The company reports a near-10 per cent reduction in its carbon footprint, with 42 per cent of construction waste reused or recycled CCC completed around 120 ......read more

    Celebrate blue skies and breezy weather with Dragon Mart's Outdoor Furniture Market

    Dubai, 16 October 2018:   What better way to prepare for the cooler weather than with a garden makeover? Look no further than Dragon Mart’s Outdoor Furniture Market, which is back for another exciting edition from 17 October to 3 November.  Located on the ground floor of Dragon Mart 2 and open every day from 10am to 10pm, the Outdoor Furniture Market has special deals and great discounts on a wide range of items including garden furniture, gardening materials, home appliances, home décor goods, accessories, sunshade blinds, wooden shutters and more.  Overhaul ......read more

    Roda Al Bustan and Roda Amwaj Suites acclaimed as regional leaders in hospitality

    Roda Hotels & Resorts GCC Best Employer Awards honours property and personnel  Dubai, UAE, October 16, 2018:  Roda Hotels and Resorts had two wins at the recent GCC Best Employer Brands awards to honour outstanding professionals and institutions across industries in the region. Roda Al Bustan Dubai Airport Hotel and Roda Amwaj Suites Jumeirah Beach Residence were acknowledged as regional leaders in hospitality at an event held in Dubai to announce and commemorate this year’s winners.  Roda Al Bustan’s general manager, Puneet Baijal, was accorded the title ......read more

    Litigating without a judge through self-litigation… Artificial Intelligence at The Rental Disputes Center

    The world’s first-of-a-kind project Reduces litigation duration from 45 days to 8 days The Centre develops innovative solutions to enhance investor confidence in the real estate sector Dubai, United Arab Emirates, 15th October 2018:   The Rental Disputes Centre (RDC) showcased its real estate litigation journey in service of the sector, enhancing investor confidence in Dubai’s real estate market as part of its participation at GITEX Technology Week (GITEX) 2018, which is being held until 18th October, 2018 at the Dubai World Trade Centre.   The ......read more

    Swiss Chemicals & Building Material Giant “Sika” Expands Operations in UAE with AED 40 Million State-of-the-Art Facility

    With 240,000 tons annual production capacity, new Dubai-based factory becomes key sales and distribution center for GCC region Official inauguration attended by Sika Executive Management, Dubai Industrial Park Managing Director and Consul General of Switzerland. By 2020 Sika globally targets 6-8% annual growth and more new plants and national subsidiaries opening. Over past 3 years: 217 new patents filed, 20 Global Technology Centers, 26 new plants and 10 new national subsidiaries opened, 17 acquisitions in all regions. Dubai, 14 October 2018 –   Sika, global ......read more

    Rental Disputes Centre's pavilion at GITEX 2018 will exhibit innovative technologies

    The Centre participates under the slogan ‘Self Litigation Simulates Artificial Intelligence’ Dubai, United Arab Emirates, 13th October 2018:   The Rental Disputes Centre (RDC), the judicial arm of Dubai Land Department (DLD), participates at GITEX Technology Week (GITEX) 2018, which kicked off today and continues until 18th October at the Dubai World Trade Centre.   RDC is participating through a unique platform under the slogan ‘Self Litigation Simulates Artificial Intelligence’. GITEX, the most prominent technical event locally and ......read more

    AED 162 billion total of Dubai real estate transactions in 9 months

    Bin Mejren: The diversification of the investor base reflects market attractiveness and represents a guaranteed sustainable growth 163 nationalities found Dubai as the ideal option for their real estate investments The remaining months will reveal a rising investment wave with the introduction of a number of government incentives Dubai, United Arab Emirates, 13th October 2018:   In the latest report issued by Dubai Land Department (DLD), Dubai’s real estate market witnessed a continuous growth driven by optimism among investors and developers, where the market ......read more

    Majid Al Futtaim Celebrates the Grand Opening of Aloft City Centre Deira

    Opening of Aloft City Centre Deira marks the launch of Majid Al Futtaim’s 13th hotel in the region First hotel in the region to offer one-of-a-kind movie-themed suites Dubai, United Arab Emirates, October 11, 2018:   Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, yesterday celebrated the grand opening of Aloft City Centre Deira at an event attended by VIPs, media and influencers from the United Arab Emirates. The opening of the event took place in the presence of Alain Bejjani, Chief ......read more

    Rental Disputes Centre launches Rental Good Conduct Certificate service

    The first-of-its-kind initiative consolidates Dubai’s global position as a transparent real estate environment and reduces disputes Judge Abdulqader Mousa: The new service implements the initiatives offered by the Centre to reduce rental disputes Dubai, United Arab Emirates, 9th September 2018:   The Rental Disputes Centre (RDC) in Dubai launched the Rental Good Conduct (RGC) Certificate service, a first-of-its-kind initiative in the world that aims to enhance trust between land lords and tenants and reduce the rates of disputes that may arise between ......read more

    Saudi Arabia's Interior Design Market Sharpens Focus, Accounting for One Third of Sar35.6 Billion GCC Spend

    INDEX Saudi prepares to host thousands of designers, architects, buyers in Riyadh this month as interior design boom grows momentum    9 October 2018:  Thousands of designers, architects and buyers representing hundreds of international suppliers are descending upon Riyadh this month to capitalise on the boom in interior design spending across the Kingdom.   Saudi Arabia accounts for almost one third (32%) of the total GCC interior design market spend, some SAR11.25 billion of a total SAR35.6 billion, according to a recent Ventures report commissioned by ......read more

    Festival Plaza Announces Lulu Hypermarket at New Lifestyle Destination

    Dubai, United Arab Emirates, October 8, 2018:  Festival Plaza, Al-Futtaim’s latest lifestyle shopping destination in Jebel Ali and the Dubai South community, has officially announced that LuLu Hypermarket, one of the largest hypermarket chains and retail companies in the GCC, will be the center’s hypermarket of choice. Since project announcement, Festival Plaza has been committed to delivering an exceptional mix of retail choices, focused on everyday convenience, home and lifestyle.  “We are excited to partner with LuLu Hypermarket and welcome them to the ......read more

    ANCG Named Safety Contractor of the Year 2018 by RTA

    Dubai, October 8, 2018:   The Civils division of Al Naboodah Construction Group (ANCG), a subsidiary of Al Naboodah Group Enterprises, one of the UAE’s oldest and most respected family conglomerates, was recently named Safety Contractor of the Year 2018 by the Dubai Roads & Transport Authority (RTA). At a prize giving ceremony hosted by the RTA, the award was presented to Mr Senan Al Naboodah, Managing Director of ANCG.  Commenting on the award, Mr Senan Al Naboodah said: “We are extremely proud to have received this award from the RTA, which validates our ......read more

    Welcome the cycling season with Dragon Mart's Bike Market

    Dubai, UAE, October 07, 2018:  Get ready to explore the great outdoors with another edition of the Bike Market at Dragon Mart 2, which is back by popular demand with an even bigger range of cycles and accessories.  Following a tremendous response to the first market held last year, the Bike Market returns from 4 to 13 October with cool deals on must-have cycling equipment and accessories for all age groups.  Located on the ground floor of Dragon Mart 2 and open every day from 10am to 10pm, the Bike Market will showcase a huge collection of bicycles, quad bikes, desert ......read more

    La Riviera reveals show Apartments at JVC

    Luxury apartment complex offers unparalleled comfort and luxury Dubai, UAE, October 07, 2018:  Riviera Group revealed the show apartment for La Riviera Apartments with design and interior elements that reflect luxurious apartment living. The 22-story residential building offers 144 stylish one and two bedroom apartments and two retail units.   La Riviera Apartments is situated in the district of Jumeirah Village Circle, a residential and commercial community featuring a mixture of Arabic and Mediterranean villas, stylish townhouses and apartments. The 25-foot high grand ......read more

    Dubai Land Department: 41 real estate companies compete in International Property Awards – Dubai

    Dubai, United Arab Emirates, 6th October 2018:   Dubai Land Department (DLD) announced that the closing ceremony of the first edition of the International Property Awards – Dubai (IPAD) 2018 will be held on 11th October. With 49 companies competing in various categories, 41 of which being local, DLD is expecting a highly competitive first edition. HE Sultan Butti bin Mejren, Director General of DLD, commented: “We are pleased to organise this award in Dubai as a consolidation of our partnership with the International Property Awards. This global programme is widely ......read more

    REIB DWC-LLC, a Marketing, Management & Financial consultancy Experts from the USA is now in the UAE

      United Arab Emirates: October 6, 2018 - We are expert consultants in Marketing, Management, Real Estate & Financial consultancy.  Our Marketing services include but not limited to: Evaluation of your company, competitors & industry, Marketing Research, Strategies, Marketing Plans, Proposals & Reports Customer Service Training, Press Releases, Customer Analysis, Implementation of business centered Marketing Strategies, Advice on International Marketing, Market Analysis. Our Financial & Management services include but not limited to: CFO Services, Accounting ......read more

    5 reasons why construction is a growing industry in Dubai

    Dubai is one of the most famous places in the world. Visited by over 15 million tourists every year, it’s the most popular emirate in the UAE. When you visit Dubai, you will see how it’s full of tall buildings and beautiful structures. Many call it the hub of construction as it’s home to some of the tallest buildings in the world, including Burj Al-Arab and Burj Al Khalifa. Let’s have a look at five reasons why so many new buildings are being constructed in the country: 1) There’s A Lot of Profit Construction is one of the most profitable businesses ......read more

    Cityscape Awards for Emerging Markets and new Business Hub highlight strength of local businesses, government initiatives

    Increased supply benefits investors Dubai, UAE; 4 October 2018: The lower prices of properties driven down by supply in the lead up to Expo2020, coupled with government incentives for investors and retirees, will open options to UAE real estate investors who seek to capitalise on a wide selection of units to grow their portfolio, an expert has said. According to Cityscape Global’s data partner, Property Monitor, their index on the on the 12-month average price performance for apartments and townhouses sits at a 3.4% decline, stating the average sales price for Q3 were AED1.2 ......read more

    AED38.7 billion worth of projects totalled from five exhibitors out of 300 at Cityscape Global

    Middle East’s largest real estate event showcases newly announced developments from top local exhibitors Dubai, UAE; 3 October 2018:   Taking advantage of the region’s largest gathering of real estate professionals, developers took to the halls of the Dubai World Trade Centre to announce and showcase projects worth billions of dirhams. Out of the 300 companies at Cityscape Global, five local developers have exhibited projects worth a total AED38.7 billion making up a large portion of the total value of projects onsite. With the value of many of the announced ......read more

    Dubai World Trade Centre wins big at the Cityscape Global Awards for best in class real estate projects

    One Central wins Commercial Project Award for Offices 4 and 5 and Dubai’s first 25hours Hotel wins Leisure and Hospitality Project Award ‘Highly Commended’ for Expo 2020 CoEx Campus within Community, Culture & Tourism Project category, Expo Village (Phase 1) in Residential Medium to High Rise Project category, and Dubai South Mall in Retail Project Award category Dubai, United Arab Emirates, 3rd October 2018:   Dubai World Trade Centre (DWTC) has been rewarded for its excellence in real estate development, with two of its projects appearing in the ......read more

    Celebrate Chinese Golden Week at The Dubai Mall with an exclusive showcase of festivities

    Dubai, UAE, October 03, 2018:  Celebrating China’s traditional Golden Week, The Dubai Mall is adding a dash of entertainment that will bring family and friends together through dance, music, art and laughter.  Immerse into some of the oldest Chinese traditions as The Dubai Mall has lined up a host of Chinese cultural activities for all the family members. From October 1-7, The Dubai Mall will host a programme of traditional Chinese cultural and art activities at a special Chinese-themed activation at Souk Atrium.  Here, guests can experience a showcase of Chinese ......read more

    Real estate organisations and professionals gather for Cityscape Global opening

    Government backed Egyptian, Maltese developers target UAE investors with secure prospects and paths to citizenship Dubai, UAE; 2 October 2018:   The 17th edition of Cityscape Global officially opened its doors today, welcoming local and international real estate organisations and professional who have gathered in Dubai for the three-day exhibition, which runs until Thursday, 4 October at Dubai world Trade Centre. With up to 300 exhibitors competing for attention, international developers from Egypt and Malta, supported by government agencies are vying for UAE investors by ......read more

    SRECO and Alinma Investment Co Sign Agreement to Establish the Alinma Alakaria RE Fund

    Dubai, UAE, October 01, 2018:  Al Akaria Saudi Real Estate Company (SRECO), one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), and Alinma Investment Company (AIC) have signed a Fund Establishment Agreement for the Alinma Alakaria RE Fund.    The objective of the fund will be to develop three sites, located in Riyadh, and transform them into mixed-use developments, with a combined debt and equity structure valued at approximately SR 1.5 billion. The sites, which are to be developed, are as per the below:  Al Akaria ......read more

    Nama Group Announces the Launch of Its Smart Metering Operations in Oman

    Dubai, UAE, October 01, 2018:   Nama Group has announced the commencement of the live operation of their centrally implemented Automatic Meter Reading (AMR) project designed for high value customers in the electricity sector in Oman. The ground-breaking project was carried out by a professional team of Omani experts from the electricity distribution companies in Nama Group in partnership with CESI Middle East FZE, a subsidiary of CESI, a world-leading technical consulting and engineering company and WIPRO Limited as the system integrator. The AMR system is a central ......read more

    Dubai's real estate market…global, smart, and sustainable

    Dubai Land Department: 9,500 new real estate investors invest more than AED 19 billion in Dubai Bin Mejren: Dubai’s real estate market is at the forefront of global markets, attracting investments  Dubai, United Arab Emirates, 30 September 2018:   Dubai Land Department (DLD) announced that Dubai’s real estate market is consistently sustainable, attracting about 9,500 new investors from 1st January – 31st August 2018 with total value of investments worth more than AED 19 billion.   HE Sultan Butti bin Mejren, Director General of DLD, ......read more

    Get ready to explore the world of space only at Dubai Marina Mall

    Dubai, UAE, September 27, 2018:  Is your little one fascinated with the planetary world, moon and spaceships? If yes, then head to Dubai Marina Mall and let your kids immerse in the world of space with fun filled edutainment. From 23rd September to 26th October, Dubai Marina Mall will be hosting space themed educational activities for kids to explore and know more about the terrestrial ecosphere. The mall will be buzzing with a Space Themed Playground Area where kids can have fun climbing and sliding. Additionally, a soft play area for toddlers up to 4 years has also been installed ......read more

    Al-Futtaim Group Real Estate recognized by MOHRE for its commitment to Emiratization

    Dubai, United Arab Emirates, September 26, 2018:   Al-Futtaim Group Real Estate, the real estate development and operations arm of Al-Futtaim, has been recognized by the Ministry of Human Resources and Emiratisation (MOHRE) for its contributions to the UAE governments Emiratisation goals.  Al-Futtaim was amongst the top 10 companies to have contributed towards the success of the Real Estate Accelerators programme helping UAE Nationals to start their career in the Real Estate sector.  The award was presented to Raghda Fatme, Director HR - Al-Futtaim Group Real Estate ......read more

    UAE developer sales' potential reaches new heights with new strategic consultancy launch, Devmark.

    Dubai, UAE, September 26, 2018:  Focusing on strategic project launch strategy, comprehensive sales and marketing delivery, Devmark is the most experienced firm of its kind in the MENA region and aims to revolutionise how developers plan and launch their strategies and properties across the region. Devmark, a business created with the core aim of driving developer’s bottom line and optimising return on investment, has recently launched in Dubai. Founded by veterans of the real estate industry, and with careers panning some of Dubai’s largest brands, Sean McCauley and Richard ......read more

    New Happenings during October at Le Meridien Dubai Hotel & Conference Centre

    Dubai, UAE, September 24, 2018:  We are super excited to be sharing upcoming promotions for the month of October. YALUMBA THEME NIGHTS If you aren’t aware of Yalumba’s reputation in Dubai insanely diverse food scene, you might be in for a massive surprise. Not only can you expect to have the most delicious food in generous portions, but you’ll also enjoy a rich variety of world cuisine all through the month. Pick your cuisine and then pick your day and the friendly folks at Yalumba will not disappoint.  SUNDAY - ROAST NIGHT (7:00 - 11:00 PM) The best ......read more

    DLD Service Centres serve 39,000 investors with a total value of AED 131 billion

    42  thousand transactions and services for investors Dubai, United Arab Emirates, 22nd September 2018:   Dubai Land Department (DLD) has announced that its service centres across Dubai have served more than 39,000 investors, after helping them complete their investments with a total value of AED 131 billion during the period from January to 31st August, 2018. In the latest report issued by DLD, the number of transactions provided in service centres during the period mentioned amounted to 42,000, distributed between 24,000 transactions for the transfer of ownership, and ......read more

    BurJuman Arjaan by Rotana, Jumeira Rotana and Villa Rotana Back to School with DFWAC

    19th September, Dubai UAE:   BurJuman Arjaan by Rotana, Jumeira Rotana and Villa Rotana hosted a Back to School fun activity with women and children of the Dubai Foundation for Women and Children (DFWAC).  The 3-hour event was filled with fun activities and exciting games, followed by a sumptuous feast of freshly prepared food and gift-giving. Commenting on the event Mr. Ulrich Hoffmeister, General Manager of BurJuman Arjaan by Rotana and Jumeira Rotana said, “Back to school time is one of the occasions where children are so excited about the new school time and ......read more

    Dubai Festival City Mall Celebrates KSA National Day with Special Imagine Show

    Dubai, UAE, 19th September 2018: Celebrating KSA National Day, Dubai Festival City Mall is the place to be this weekend from Thursday 20th until Sunday 23rd September, as the Mall announces a new IMAGINE show. The two-time Guinness World Record breaking, show like no other - IMAGINE, will celebrate this joyous occasion with a special show every evening after sunset for four days.  Families will also be entertained by a traditional band that will roam around the Mall on Sunday the 23rd September from 4 to 7 pm. Shoppers will also be able to enjoy and array of different dining ......read more

    Le Meridien Dubai Hotel & Conference Centre's Restaurant Promotions- October

    Dubai, UAE, September 18, 2018:  1. M'S GRILLS AUSTRALIAN SLOW ROASTED PRIME RIB BLACK AGNUS M’s GRILLS, LE MERIDIEN DUBAI HOTEL & CONFERENCE CENTRE Airport Road, PO Box, 10001 Dubai, UAE  Come October, mark your calendar for an exquisite dinner at M’s Grill every Wednesday and Thursday! Feast on the finest variety of Australian Black Angus Prime Ribs, slow roasted to perfection, served with a choice of side dishes and palate-tingling sauces amid the cozy and inviting ambience at M’s Grills.  Available only on every Wednesday & ......read more

    Fidu Properties unveils second office in Dubai; eyes expansion in UAE

    Dubai, September 17, 2018:  Fidu Properties, one of the leading real estate brokerage companies in the UAE property market, which had a recent transaction of around AED 500 million with Emaar Properties , has announced the opening of its second office in Dubai. The new office, located in Emaar Square is part of the company’s expansion plans in the UAE. The Chinese real estate brokerage company, which opened its first office in Dubai in January this year, is expanding its footprint amidst bullish trends in the UAE and regional real estate sector. Fidu aims to operate more ......read more

    Festival Tower – where success is on the agenda

    Dubai, UAE, September 16, 2018:  According to a recent report by real estate consultancy JLL, Dubai has broken into the Top 30 in commercial realty rankings. The city is now ranked 27th globally – a significant jump from the 36th spot which it held last year.  The rankings clearly reflect Dubai’s position as not only the region’s premier commercial real estate attraction but one that is truly global. The city is placed well ahead of its regional rivals – Cairo (51) and Muscat (170) out of the 300 global cities analysed by JLL.  Adding to the ......read more

    Cheyenne Woods: Stepping out of Tiger's shadow

    CNN Sport spoke to Cheyenne Woods about diversity in golf, female athletes, and stepping out of the shadow of her famous uncle, Tiger Woods. Currently ranked No.245, Woods is now in her third year on the LPGA Tour and hoping to inspire other black women through representation.   Only eight African-American women have been members of the LPGA Tour in its 70 year history and none have won the women’s circuit, something Woods aims to change.   Key excerpts and quotes from the article:   Whilst playing at an event at Wilshire Country in Los Angeles, Woods ......read more

    Revealed: Business Bay's most coveted towers for investment

    Dubai, UAE, September 12, 2018:  One of the most prolific residential and commercial hubs in the city, Business Bay has grown into a coveted cosmopolitan neighbourhood since its launch in 2003. With the sparkling waters of the Dubai Canal adding to its appeal, the area remains a significant player in the Dubai real estate market, 15 years after its initial development. Leading property portal Bayut.com gives a unique insight into the best buildings to invest in Business Bay which is a central hub for property investments in Dubai.   The data from Bayut.com’s H1 market ......read more

    UHOA goes live with #YouBeUganda at Expo 2018

    The trending hashtag aims to highlight Uganda’s tourist attractions and rich natural beauty The Uganda International Hotels & Restaurants Expo 2018, held from 6th to 8th September 2018 at Hotel AFRICANA, Kampala, aimed at showcasing Uganda’s hospitality and tourism investment opportunities, with a focus on promoting Uganda and Uganda hotels in the U.A.E and neighbouring Gulf countries. Bridging the gap between service providers and the international business community of suppliers, the programs and strategies of the 2018 Expo were carefully designed to provide an equal ......read more

    Dubai Land Department reveals achievements of Dubai's real estate market 2018

    Developers complete 47 projects that provide the market with 14,000 diverse properties Dubai’s real estate market attracts 1,000 investors who have completed 900 transactions worth over AED 12 billion Dubai, United Arab Emirates, 8th September 2018:  Dubai Land Department (DLD) revealed that the results of the Dubai real estate market during the first eight months of 2018 are encouraging, especially in light of the timely completion of projects. One of the signs of the real estate market’s attractiveness is its continued ability to attract additional investors who ......read more

    Smart Stores Expo 2018 concludes on high note

    Region’s premier event for retail innovation sets sight on next year Dubai, UAE, September 06, 2018:  The 2018 edition of Smart Stores Expo proved to be a bigger success than last year’s inaugural show with the event attracting hundreds of retail professionals, service providers, manufacturers buyers, and end-use operators.  The region’s premier event for retail innovation created excitement as it witnessed new collaborations, discussions and a vast showcase of the latest retail solutions and technologies. The show, which carried the theme ‘Explore the ......read more

    Al Ghurair Centre to House the 4th Edition Of TGI Fridays Bartender Championship

    Dubai, 6 September 2018:   Al Ghurair Centre, the GCC’s first shopping centre and one of Dubai’s longstanding flagship icons, is all geared up to host TGI Fridays 2018 edition of ‘World’s Bartender Championship’ on  Friday, 7th September 2018.  The mall visitors can witness top TGI Fridays’ bartenders from across the Globe pouring, mixing and flipping their way to the finals, which will be held in the Netherlands.  The event will be hosted by celebrity influencer and renowned RJ, Big Rossi and will be judged by a panel of ......read more

    Celebrate Back to School With Legoland® Fun at Dubai Festival City Mall

    Dubai, UAE, 4th September 2018:  Dubai Festival City Mall is continuing the Back to School celebrations with the all-time fun world of LEGOLAND®. During the span of one week, nearly 4,500 children made their way to the one-of-a-kind activation at Festival Square to enjoy LEGO® building activities, photo opportunities, movie previews and interactive experiences. The LEGOLAND® experience will continue until Wednesday, 12th September 2018, with daily raffle draws to win tickets to LEGOLAND® Dubai. To participate, children can present any receipt from the mall, or simply ......read more

    H.E. Sami Al Qamzi Opens Smart Stores Expo 2018

    The region’s premier retail event focuses on innovations and technologies driving the shopping experience of the future Dubai, UAE, September 04, 2018:  His Excellency Sami Al Qamzi, Director General of the Dubai Department of Economic Development, inaugurated today the 2018 edition of Smart Stores Expo at the Dubai International Exhibition and Convention Centre.  The event opened its door to retail professionals across the region to showcase the trends and innovations diving the future of retail. H.E. Sami Al Qamzi, led the ribbon cutting ceremonies and toured the ......read more

    Fidu Properties took centre stage at Dubai Property Show in Shanghai

    Dubai, September 4, 2018:  Fidu Properties, one of the leading Chinese companies in the UAE property market, has announced its strong participation in the Dubai Property Show in Shanghai, that was held from August 31 till September 2, 2018 at the Shanghai Everbright Convention and Exhibition Centre. The company, which recently announced massive expansion plans in the UAE and region, with over AED 5 billion worth of investments in the UAE alone over the next three years, will participate as part of the Dubai Land Department’s promotional forays through exhibitions in key markets ......read more

    The Know How of Buying Off-Plan Property

    Dubai, UAE, September 03, 2018:  Over the years, the UAE real estate market has been growing at a constant rate. According to latest reports, the market has also recently seen a fall in rental and sales prices making it even more attractive to investors. It is now considered by many to be a ‘buyers’ market’ and tenants are also enjoying the rewards. This period of rapid development in the UAE, means developers are consistently looking for buyers to invest in their off-plan properties. Buying an off-plan property has its advantages, but those looking to invest should ......read more

    Centro Sharjah Eliminates Use of Plastic Straws

    Dubai, UAE, September 02, 2018:  In line with the hotel’s environment conservation programme, Centro Sharjah has joined the movement to make the world a better place by eliminating use of single - plastic straws in all its Food and Beverage outlets. Centro Sharjah will now provide guests PLA (Polylactic Acid) straws as an environment-friendly alternative. PLA straws are made from renewable resources such as corn starch or sugarcane and they are compostable and bio-degradable in nature. “Taking this step not only manifests our support in caring for the environment but it ......read more

    Reem Mall demonstrates significant construction progress

    Last few tower cranes expected to be erected in the upcoming months Abu Dhabi, UAE, 02 September 2018:   Reem Mall, Abu Dhabi’s up and coming Retail, Dining and Leisure destination has announced the construction for the US $1.2 billion project is well underway, in line with the planned construction and finance targets. The construction for the mall commenced in late 2017, with the foundation stone laid earlier this year. Al Farwaniya Property Developments, the Developer behind Reem Mall, has also disclosed that as of August 2018, more than fourteen tower cranes have ......read more

    DAMAC awards AED512 million contract at AYKON City

    China State Construction Engineering Corporation selected to build Tower C, at award-winning development overlooking the Dubai Water Canal Dubai, UAE – 1 September 2018:  DAMAC Properties has awarded an AED512 million construction contract to China State Construction Engineering Corporation (CSCEC) to build tower C of AYKON City, DAMAC’s luxury mixed-use development on Sheikh Zayed Road. The new contract covers civil construction works for tower C, the residential tower in the award-winning USD2 billion development, overlooking the Dubai Water ......read more

    DLD marks a qualitative leap in upgrading government services through Ejari

    Dubai Land Department establishes systems to protect all parties and prevent the exploitation of the service Dubai, United Arab Emirates, 01st September 2018:  Dubai Land Department (DLD) announced that it has succeeded in achieving a qualitative leap in terms of improving the level of government services provided to its customers, especially in regards to the facilitating of the procedures, the satisfying of the customers, and the continuous development of these procedures through the Ejari service. DLD attributes this remarkable development to its interest in coordinating with ......read more

    Back to School With Burjuman Has Never Been Better

    Dubai, UAE, 28 August 2018:  As the long summer holidays come to an end, BurJuman presents a fantastic opportunity to get your children prepped and excited for the new school year. Between 26 August to 12 September 2018, select brands are running Back to School offers in association with Dubai Shopping Malls Group (DSMG) at BurJuman. Dress your little ones to be the most stylish at school this term with fantastic Back to School looks at BurJuman. With every purchase from Herschel, you get the opportunity to win AED 50,000 in cash, while Skechers is getting you fully loaded for the ......read more

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