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    Featured in Real Estate
    Dubai Festival City to host Opening Carnival Weekend of Dubai Fitness Challenge 2018

    Wide range of activities to take place across the destination for fitness enthusiasts and beginners  Dubai, United Arab Emirates, October 22, 2018:   Dubai Festival City, Al-Futtaim Group Real Estate’s fully integrated mega project, will host the Opening Carnival weekend of the Dubai Fitness Challenge 2018. The opening weekend to the month-long Challenge kicks off on October 26 and 27 with action-packed events and activities taking place across the destination providing residents and visitors with an engaging and exhilarating experience. The Dubai Fitness Challenge is the flagship fitness initiative by Shaikh Hamdan bin Mohammad bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. The 30x30 Challenge urges people from all walks of life to commit to a minimum of 30 consecutive ......read more

    Tamim Iqbal joins Danube as brand ambassador for Bangladesh

    To mark the occasion Bengal Tigers unveiled its jersey  Dubai, 22nd October 2018:   The UAE-based Danube group has signed Bangladesh Cricket team Opener, Tamim Iqbal as its brand ambassador for the Bangladesh market. One of Bangladesh's fastest growing talents, Tamim Iqbal has already made a place for himself in the cricketing world as an aggressive left-handed opener. The 29-year-old is becoming a role-model for the young cricketers. His ability with the bat was brought to notice at an early age when he smashed 112 off 71 balls against England in an Under-19 game to take his side to victory. This young energetic champion hails from a family of cricketers and it would be fair to say that the sport runs in his blood. Talking about the new partnership Rizwan Sajan, Founder and Chairman Danube Group said: ......read more

    Breakthrough designs from Steelcase debuted at Downtown Design

    Dubai, 22 October 2018:   Global furnishings manufacturer, Steelcase, is bringing the best of intuitive office design to Downtown Design 2018, showcasing its SILQ and Umami Collections publically for the first time in the Middle East, in partnership with authorised dealer Office Inspirations. The range of adaptable chairs and lounge systems are dedicated to creating inspiring places which support the way people work, learn, and engage in today’s workplaces. Crafted from a new high-performance polymer material that emulates the qualities of carbon fibre at a more affordable price, Steelcase’s SILQ™ chair is a breakthrough in seating design. Its innovative materiality is both mechanism and artistry, delivering a personal experience by responding to the unique movements of the body. Umami is a versatile ......read more

    Global steel demand reinforced by the investment activities recovery in developed economies and the performance of emerging economies improvement, According to Mr. Al Remeithi, Cha

    Demand for steel in the emerging economies grew by 2.1% in 2018 Demand for steel is expected to remain positive into 2019, growing at 1.4% globally Demand for steel in the Middle East region recorded an increase of 2.1% in 2018 Dubai, UAE, October 22, 2018:  Tokyo, Japan, The World Steel Association (worldsteel), headed by HE. Saeed Ghumran Al Remeithi, Emirates Steel CEO and the Chairman of the worldsteel Economic Committee, released its Short Range Outlook (SRO), during its bi-annual meeting Tokyo, Japan.    According to the report, worldsteel projects global steel demand will reach 1,657.9 Mt in 2018, an increase of 2.1% over 2017. In 2019, it is forecasted that global steel demand will grow by 1.4% to reach 1,681.2 Mt.   Commenting on the outlook, Al Remeithi said: “In 2018, global ......read more

    Bring the Little Ones to Party at Swissôtel Al Ghurair's New Friday Kids' Brunch

    Children can enjoy an afternoon of food, fun and games while mum and dad relax with friends at new Friday brunch  Dubai, UAE, October 21, 2018:   Friday is fun-day at the at the Swissôtel Ghurair, with treats, sweets, games, exciting cooking classes and much more for the little ones to enjoy at the new party-themed Play House kids’ brunch. Held from 12:30 pm to 4:00 pm at the hotel’s Liwan restaurant, the Play House kid’s brunch is a fun-packed afternoon celebration the whole family can enjoy. Children are the stars of the show at the Play House kid’s brunch, with each youngster receiving a special welcome wristband and stamp in their ‘Kids Passport’ when they arrive. Once they step through a special kid’s area, the afternoon of fun and food can well and truly ......read more

    Dubai Outlet Mall Presents ‘The Gift of Life' Blood Donation Drive in Association with Dubai Blood Donation Centre

    Dubai, United Arab Emirates (October 20, 2018) -   As part of its CSR joint initiatives towards building a healthy community, Dubai Outlet Mall, the ultimate value shopping destination and division of Al Ahli Holding Group, will host ‘The Gift of Life’ blood donation drive. Administered by Dubai Blood Donation Center, a part of Dubai Health Authority, the initiative will be conducted on the 22nd October, Monday 1:00pm to 7:00pm at the Dubai Outlet Mall’s Center Court parking area.   The mall encourages visitors, staff and tenants to join forces in this generous act of giving back to the community. Volunteers must be 16 years of age and above, weigh a minimum of 50kgs and be free from any contagious diseases such as cold, flu, cold sores or symptoms of infection. It is also advised to consume a ......read more

    Expo Centre Sharjah enhances its cooperation with the All India Plastic Manufacturers Association

    Sharjah, UAE, October 20, 2018:  Expo Centre Sharjah held discussions with the All India Plastic Manufacturers Association (AIPMA) on enhancing areas of cooperation between the two sides. The All India Plastic Manufacturers Association (AIPMA) is one of the strategic partners of PlastiVision Arabia (PVA), which is organized once every 2 years by the centre, in cooperation with the association and with support from the Sharjah Chamber of Commerce and Industry (SCCI). Expo Centre Sharjah and AIPMA also agreed to add an addendum to the initial cooperation agreement that was signed between the two sides in 2011, which gives the association the exclusive right to promote the 5th edition of PlastiVision Arabia in Bangladesh, as well as the right to lease exhibition area to Bengalese companies looking to participate in the 2019th ......read more

    Arjaan by Rotana Reports Occupancy Rate at 82 Percent in 2018

    Dubai, United Arab Emirates (October 17, 2018) –   Arjaan by Rotana, Dubai’s finest hotel apartments located in Media City, reported an 82 percent overall occupancy rate, in the January to September period of 2018.  The average room occupancy rate during the year is driven by significant growth in visitor numbers from the GCC and Europe, as well as from the domestic market. Majority of guests were recorded as UAE nationals at 34% followed by GCC and EU nationals at 24% and 20% respectively.  Ayman Ashor, General Manager at Arjaan by Rotana said, “We are delighted to announce that the hotel property has experienced a steady growth and occupancy performance throughout 2018. We anticipate an increase of 8%, estimating an overall of 90% in the total room occupancy as Dubai continues to demonstrate ......read more

    Ibn Battuta Mall partners with Pink Caravan to promote breast cancer awareness and treatment '

    Dubai, UAE, October 17, 2018: Activity: Ibn Battuta Mall partners with Pink Caravan to promote breast cancer awareness and treatment Date: Ongoing until 27 October Location: Ibn Battuta Mall, China Court Time:  From 3pm to 9pm About the activity: Ibn Battuta Mall in Dubai is tying up with Pink Caravan to promote breast cancer awareness and treatment through a unique, beauty-themed Glam up for a Cause campaign this October.  

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    Ducab to Power Regional Expansion and Enhance Customer Service with Oracle Cloud Applications

    Dubai, United Arab Emirates, 17 October 2018:   Ducab, one of the Middle East’s leading high quality cable manufacturers, will strengthen its global transportation and delivery network with Oracle Cloud Applications, accelerating Ducab’s expansion into new markets within and outside the UAE. The company will leverage Oracle Cloud Applications to bolster its customer deliveries, introduce innovative services, and enhance collaboration with its suppliers.  “Ensuring a high level of customer satisfaction is top priority for us at Ducab. This relentless focus is a driving force for the company’s robust growth in the region and internationally,” said Mohamed Yousif Al Ahmedi, GM - Procurement, Supply Chain and Planning, Ducab. “As part of that expansion, our transportation and ......read more

    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 Corporate Social Responsibility Programs, supporting 100+ aid organizations internationally Dubai, UAE, October 17, 2018:  An urgent, up-scaled investment in more green building mega projects is crucial for the construction industry and wider ......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 your garden or build the best looking lawn with creative and handy fittings and accessories from Dragon Mart’s Outdoor Furniture Market.  

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    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 of ‘GCC’s Best General Manager – Hospitality’ in recognition of steadfast commitment to guest satisfaction. The iconic 5-star hotel has 279 rooms and seven award-winning restaurants at an enviable location close to Dubai ......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 Centre’s mission in the most prominent technical event, locally and regionally, focussed on demonstrating its litigation journey and developments since its inception in 2013 that commenced with traditional litigation mechanisms. By 2015, RDC ......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 leader in chemicals and building materials, officially inaugurated its state-of-the-art production facility and offices in Dubai with an investment of around AED 40 million. The new facility based in Dubai Industrial Park, one of the largest industrial ......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 regionally, will be an ideal opportunity to interact with visitors to highlight the most advanced smart technologies that will be unveiled during the exhibition.   HE Judge Abdulqader Mousa, Director of RDC, commented: “We are eager to ......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 recorded 39,802 real estate transactions worth AED 162 billion from the beginning of the year till the end of September.   Commenting on these promising figures, HE Sultan Butti bin Mejren, Director General of DLD, stressed that these results ......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 Executive Officer, Majid Al Futtaim – Holding, and Arne Sorenson, President and Chief Executive Officer, Marriott International. The event featured a futuristic line-up of entertainment to represent the brand’s signature urban-cool theme and ......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 them.   HE Sultan Butti bin Mejren, Director General of Dubai Land Department (DLD), commented: “The RDC’s launch of the new RGC Certificate service comes in line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ......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 INDEX Saudi, the new design exhibition which runs at the Riyadh International Convention and Exhibition Centre from 30 October to 1 November.   The renewed demand for high quality interior design and fit out services in the Kingdom can be ......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 Festival Plaza development. We look forward to bringing the best in retail offerings to the entire Dubai South community with our latest project, Festival Plaza, and we will continue to enhance the retail mix and experience for Dubai South ......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 unfailing commitment to the health and safety of all our employees. We are committed in providing internationally-accredited safety training and the appropriate equipment and protective clothing to all of our site staff, as protecting our workforce is ......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 bikes, and scooters for adults and kids.  The market also features protective gear, including helmets in various sizes and colours, knee pads, lights, seat covers, locks, water bottles, cycling gloves, pumps, customised handle bars and ......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 entrance lobby with convenient car drop-off facility and hotel style elevators add to the luxury lifestyle feel of the residence.   A medical facility, school, public transport, shopping centre and convenience store are all on La ......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 recognised by all parties in the sector and will inevitably meet the demand of our local companies that always strive for excellence. We are confident that the establishment of a specialised branch of the Awards in Dubai will further develop our real ......read more

    Other Top Stories from Real Estate
     
    Growth in Manufacturing pushes SIMCO to expand in to Oman and Kuwait as it boosts participation at Dubai WoodShow

    SIMCO to set up operations in Oman and Kuwait due to strong demand for manufacturing and woodworking machineries SIMCO grows from strength to strength with turnover exceeding Euro 100 million EMEA woodworking machine market exceeds Dh7.7 billion Global woodworking market growth forecast to reach Dh16 billion and at a CAGR of around 3% in 2021, by Technavio Research Dubai, UAE, February 25, 2018:  SIMCO Industrial Machinery, a UAE-based pioneer aluminium, woodworking and steel machinery importer, exporter and supplier, will expand operations into Oman and Kuwait as part of ......read more

    W Dubai – The Palm Heats Up Plans for 2018 Launch

    Dubai, UAE, February 24, 2018:  W Dubai – The Palm picks up momentum towards its highly anticipated 2018 debut, with talent recruitment that brings to life the passion points of the W Brand. In advance of the resort’s premier later this year, W Dubai – The Palm has been activating its Talent search for 500 W-minded individuals, including its search for the iconic global roles of the W Insider and W Music Curator. In its search for a team that fuses the W passion with Dubai’s melting pot of cultures, W Dubai – The Palm have looked globally from ......read more

    Deloitte GCC Powers of Construction report: If it's fundable, it's feasible

    Dubai, UAE, February 21, 2018:   Deloitte has just launched the eighth edition of the GCC Powers of Construction report, which provides an overview of the construction industry performance in the gulf countries. The report cites a robust pipeline of projects currently in the planning stages, which indicates there is still demand for construction projects, driven by social needs, initiatives associated with economic transformation plans, government’s commitment towards investment in infrastructure, as well as tourism related projects. Deloitte’s report highlights the ......read more

    Catch Some Zzz's in the IKEA Nap Truck

    IKEA launches a one-of-a-kind ‘Nap Truck’ for the snoozy public - find the truck and take a power nap as it travels across Dubai, Abu Dhabi and Al Ain from 22 February to 6 March United Arab Emirates, 21st February 2018:  IKEA, the much-loved Swedish retailer, is going out on the road for two weeks to help members of the public catch up on their sleep in the ‘IKEA Nap Truck’.  Complete with a beautiful bedroom to instil rest and relaxation, sleepy passers-by, visitors and fans of the brand will be able to try this one-of-a-kind mobile sleep experience and ......read more

    Shopping discount site Savioplus comes to UAE Market for all

    Dubai, UAE, February 21, 2018:  Savioplus a leading coupons and deals website in India, has ventured beyond its home ground and comes online in UAE this month.  SavioPlus is a new website that has been launched to provide best products, leading brands, the best and latest coupons to India two month back and after seeing huge potential in middle east market now they lunched in UAE market. Collaborated with more than 500 online merchants and the number of brands this online platform avail coupons across the wide range of category in the country.  As, online shopping gives ......read more

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

    Nation Towers reports most successful Shop & Win season, registering record numbers over 2016    Abu Dhabi, February 21, 2018 -   Nation Galleria, Abu Dhabi’s high-end boutique retail destination at Nation Towers, welcomed its festive seasonal ‘Let’s Celebrate’ Shop & Win campaign for the second year, from November 2017 to January 2018. The luxury retail destination reports a record year of campaign success, with a major average increase in voucher redemption, compared to 2016 campaign shopper engagement.    This year, Nation ......read more

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

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

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

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

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

    Dubai, United Arab Emirates, 18 February 2018: For the first time ever, Dubai Festival City welcomed over 150 fitness enthusiasts during Nike+ Run Club’s ‘My First Run’ edition held over the weekend. Featuring expert coaches Luke Gaffney and Enisa Glavovic and pacers, first-time runners made their first step to a lifetime of running. Participants were taken on a 4-5km course across Dubai Festival City’s picturesque views - the perfect way to kick-off the weekend. Ideal for those looking to enhance their lifestyle experiences and for visitors hoping to indulge in ......read more

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

    Financial Highlights for year ended 2017: Revenue at AED 7.5 billion  Gross profit at AED 3.6 billion  Net profit at AED 2.8 billion Booked sales of AED 7.5 billion  Earnings per share of AED 0.46 Board proposed dividend of AED 1.5 billion (AED 0.25/share) Dubai, United Arab Emirates – 14 February 2018: DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for year ended 2017, reporting total revenue of AED 7.5 billion, a 4 % increase over last year and net profit of AED 2.8 ......read more

    Al Qattara Investments reveals expansion plans for Al Ain

    Al Qattara Investments rebrands the Hazza Bin Zayed Stadium development and launches Al Ain Square    United Arab Emirates, Al Ain, February 14, 2018:   Al Qattara Investments, the name behind the vibrant mixed-use development in Al Ain, has revealed its new brand identity, the rename of Hazza Bin Zayed Community to Al Ain Square, and furthermore the firm’s future plans for the city of Al Ain.    The announcements took place during a press conference in Al Ain’s Hazza Bin Zayed Stadium. The press conference was attended by excellencies and ......read more

    Robinsons Honored for Outstanding Store Design

    The UAE’s largest department store bursts onto the top ten list of the World Retail Awards   Dubai — February 14, 2018 —   Robinsons, the largest department store in the UAE, has been on the finalists list for the World Retail Awards and was recognized for the 2018’s Outstanding Store Design for stores larger than 1200sqm. For the last ten years, the World Retail Awards have recognized the highest standards of excellence in store design, as well as the very best retailers and retail initiatives across a range of categories.   The ......read more

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

    Dubai Outlet Mall to add 3 million square feet in its expansion Dubai Outlet Mall celebrates 10 years as a premier value-shopping destination as it looks to enhance its leadership in the UAE retail arena   Dubai, United Arab Emirates (February 13, 2018):   Seeking to redefine the value shopping space in the UAE retail arena, Al Ahli Holding Group announced a significant development in the Dubai Outlet Mall expansion today. Dubai Outlet Mall secured an Islamic club financing facility worth AED 1.25 billion for the expansion and general corporate purposes. Dubai ......read more

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

    Find gifts for him, her, kids and even your beloved pets effortlessly on SOUQ   8th February, 2018, Dubai, United Arab Emirates:  On what’s considered as the most romantic time of the year, the love smitten couples can think of only one thing “where can I get the perfect present for the love of my life?” If you are running out of ideas and time with your busy schedules, your best solution is here at SOUQ.com, where lovers can avoid the hassle of gift hunting and buy your beloved a gift to cherish. Whether your loved one is your better half, your pet or ......read more

    Special Chinese New Year Show on Festival Bay

    Dubai Festival City Mall to host Chinese New Year celebrations with special IMAGINE Laser & Water Show and retail offers across 90 different outlets from 15th – 24th February 8th February 2018, Dubai, UAE:   Celebrating the ‘Year of the Dog’, Dubai Festival City Mall is the place to be this Chinese New Year from the 15th to the 24th February with special offers and events across 90 outlets for shoppers to enjoy. The two-time Guinness World Record breaking, show like no other - IMAGINE, will celebrate with a special not to be missed Chinese New Year ......read more

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

    Karim Nahas brings nearly three decades of experience to the role  Abu Dhabi, UAE, February 7, 2018:   Rotana Hotel Management Corporation PJSC has announced the appointment of Karim Nahas to the role of General Manager at the soon-to-open Pearl Rotana Abu Dhabi. The new hotel is set to open in the heart of Capital Centre - Abu Dhabi, the city’s bustling business district, at the beginning of March 2018.  Nahas brings nearly three decades’ of regional experience in the hospitality industry to the role. As General Manager at Pearl Rotana Abu Dhabi, he will ......read more

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

    This year, make it a night to remember with the special room and dinner packages from Hilton Dubai Jumeirah and Hilton Dubai Creek  Dubai, February 7, 2018 –   This year, Hilton Dubai has crafted two heartwarming offers for the most romantic day of the year. Hilton Dubai Jumeirah and Hilton Dubai Creek, two of city’s most iconic properties, will be treating couples to a perfect staycation on the 14th of February, including an intimate dinner, a cozy overnight stay and a scrumptious breakfast the next morning.    Hilton Dubai Creek, the five-star hotel ......read more

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

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

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

    Dubai, UAE; February 06, 2018:   Hormann, a leading provider of doors, gates, frames and operators in the region; has introduced new lift barriers equipped with EFO (Emergency Fast Operation) emergency function to secure passages of up to 10 meters in width. They are suitable for very frequent use, capable of managing approximately 2000 movements in a day; and come with a long service life equivalent to approximately 3,000,000 movements. The new lift barrier H version from Hormann along with its integrated hydraulic operator is 1300 mm in height and up to 10m in length; and it is ......read more

    Omniyat Brings Ultimate Luxury Hospitality Brand Dorchester Collection to Dubai

    The new project is confirmed for one of the largest waterfront plots in Dubai’s Marasi district; includes luxury hotel and residences  Dubai, UAE, February 06, 2018:  Omniyat is bringing the famous and historical Dorchester Collection brand to Dubai for the first time with an iconic new development on the banks of Dubai Canal. The collaboration between the Dubai-based high-end developer and the luxury hospitality brand is a long-term agreement that will be rolled out in the coming years, putting Dubai on the same globally important footing for Dorchester as its ......read more

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

    Dubai, UAE; February 5, 2018:  The fourth edition of the Zak World of Façades, the region’s premier conference on façade design and engineering, will focus on the latest innovations and challenges in the construction industry pertaining to the building envelope, and digital impact on modern façade design.  A line-up of industry leaders is confirmed to speak at the event including Filippo Lodi, Head of Innovation and Knowledge Management, UNStudio; John Kim, Design Director, AE7; Richard Fenne, Principal, Woods Bagot; Mathieu Meur, Director - Technical, DP Architects; Armin ......read more

    Dubai Festival City announces Dubai Food Festival 2018 lineup of events

    Dubai, United Arab Emirates, February 4, 2018:   Food lovers across Dubai are in for a special treat as Dubai Festival City, Al-Futtaim Group Real Estate’s fully integrated mega project, has pulled out all the stops to provide a gastronomical adventure across its retail, residential and hospitality destinations during Dubai Food Festival.  Dubai Festival City Mall will turn into a foodie’s paradise with the popular five-week long Festival of Flavours from the 7th of February until the 10th of March filled with special offers, instant prizes at over 75 different ......read more

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

    Khansaheb Civil Engineering has been appointed as the fit-out contractor for the first hotel announced by Jumeirah Group under the Zabeel House by Jumeirah TM brand. DUBAI – February 04, 2018:  Ishraqah for Development Limited, a leading UAE based developer, has announced its first hotel at The Onyx Project, located on Sh. Zayed Road, in the Greens master development. The hotel is scheduled to open in quarter four of 2018. Zabeel House by JumeirahTM - The Greens is the first hotel to be announced under the Zabeel House by Jumeirah TM brand. The Onyx is Ishraqah’s ......read more

    DuPont Named to Clarivate Analytics 2017 Top 100 Global Innovator

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

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

    Sharjah, United Arab Emirates, 28 January 2018:   Sahara Centre, Sharjah’s leading retail, entertainment and leisure destination, is proud to be displaying the world’s largest gold ring, Najmat Taiba (Star of Taiba), for the pleasure of its discerning visitors. Customers at the mall will enjoy an exclusive opportunity to view the USD 3 million masterpiece as it becomes Sharjah’s star attraction this month.  The 21-carat Najmat Taiba, which has been recognised by the Guinness Book of World Records and endorsed by the World Gold Council, weighs almost 64 ......read more

    Hormann introduces road blockers for optimized security of entrances and exits

    Dubai, UAE; January 22, 2018:   Hormann Middle East and Africa has launched road blockers with optional EFO (Emergency Fast Operation) to secure passages up to 6 m wide.  They are available in the Road Blocker 500 variant from Hormann with a barrier height of 500 mm or in the Road Blocker 1000 version with a barrier height of 1000 mm. Road Blocker 500 SF is suitable for fitting on finished floor surfaces since no groundwork is required. There are also lift barriers available to safeguard controlled entrances and exits up to 10 meters in width. They are suitable for very ......read more

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

    Abu Dhabi, 22 January 2018:  Yas Mall, the largest mall in Abu Dhabi, is the only mall in the UAE to extend its sale until 31st January, enabling its visitors take advantage of incredible discounts and special offers. Yas Mall’s sales are known to offer incredible value, and now with this extended sale, there’s nothing stopping visitors from finding amazing deals! For those looking to refresh their wardrobe or home, Yas Mall’s extended sale will include discounts across the mall including popular brands such as Debenhams, Centrepoint, The One, Virgin Megastore, ......read more

    Dubai Industrial Park Announces AED135 Million Investment in Expanding Infrastructure

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

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

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

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

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

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

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

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

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

    Dubai Outlet Mall celebrates DSF 2018 with amazing attractions for shoppers

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

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

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

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

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

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

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

    Property Remains Preffered 2018 Investment Asset for UAE Residents

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

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

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

    UAE Real Estate Predictions for 2018

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

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

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

    Mega winter clearance sale to begin at Expo Centre

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

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

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

    Burjuman Mall Announces the Opening of TAS'HEEL

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

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

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

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

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

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

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

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

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

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

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

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

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

    A Very Brr…Juman Winter Returns

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

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