The alliance between Radius Group and Knight Frank MENA represents a pivotal moment for the region’s industrial sector Radius Group, an international developer of class A warehouse and industrial real estate, is launching its premier project, Radius City Logistics, in Dubai Investments Park 2 (DIP II) and has teamed up with Knight Frank MENA as the exclusive leasing and marketing consultant. The partnership with Knight Frank MENA highlights a significant milestone in the region’s industrial sector, with Radius securing a 5.2-hectare site. Knight Frank MENA’s Industrial & Logistics team is facilitating the complete acquisition, development process and leasing upon completion…
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MAG’s partnership with MANTRA seeks to transform real estate investment by utilizing blockchain technology In a significant move in the global tokenized real world asset sector, MAG, a leading real estate developer in the UAE, announced a major partnership today with MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, which will see the tokenization of half a billion US dollars’ worth of MAG’s real estate portfolio. With MAG’s total real estate portfolio valued at over US$5bn, the collaboration with MANTRA aims to revolutionize real estate investment through the application of blockchain technology. Starting with Keturah projects – Keturah Reserve…
The innovative platform by TruKKer and RTA will greatly enhance the efficiency of commercial transport services in Dubai TruKKer, MENA’s largest land freight ecosystem, is proud to share the announcement of its strategic Public-Private Partnership (PPP) with Dubai’s Roads and Transport Authority (RTA) to establish a cutting-edge digital platform to facilitate the delivery of commercial transport services in Dubai. The signing was done by Abdulla Yousef Al Ali, CEO, Licensing Agency, RTA, and by Gaurav Biswas, Founder & CEO, TruKKer.The new-age platform will substantially improve the delivery of commercial transport services in Dubai, integrating all fleet service providers and vehicles…
Procore shows its commitment to staying ahead in technological advancements and digital transformation Construction technology plays a vital role in transforming the growth of the construction market. Procore, a leading global provider of construction management software, underscored the increasing importance of technological advancement in the construction industry to help bridge crucial productivity gaps and the sector’s evolving needs. According to the JLL report, the Kingdom of Saudi Arabia and the United Arab Emirates are leading the Middle East construction markets with USD1.5 trillion pipeline and $590 billion, respectively. With this trend, realizing the use of technologies such as digitalization and…
MERED has expanded its workforce in the UAE, doubling its number of employees MERED, an international real estate developer, is rapidly establishing itself as one of the fastest-growing companies in the Dubai real estate sector. In just one year since its market entry, MERED has swiftly emerged as a leading ultra-luxury player. The award-winning developer has launched and broken ground for its flagship project, the ICONIC Tower, within only six months. The tower will be the tallest in Dubai Internet City at 286.4 metres, boasting 310 luxury apartments and world-class amenities. In just the last year, the project has received…
Etihad Cargo will offer partners and customers an incremental capacity of 250 tonnes per week to New York, Chicago, Washington, Boston and Toronto Etihad Cargo, the cargo and logistics arm of Etihad Airways, has strengthened its commitment to the US market. The carrier will offer incremental capacity beyond its belly hold capacity in cooperation with network partner airlines to meet the growing demand for air freight to the US. The company currently offers 550 tonnes of wide-body capacity to North America. The carrier provides 445 tonnes ex US via 30 flights per week through four major gateways: New York, Chicago, Washington,…
The project represents Sobha Realty’s strategic entry into the retail sector of the UAE Sobha Realty, a leading global luxury real estate developer, has commenced the construction of first of its kind Mall for its flagship community Sobha Hartland in the heart of Dubai. With an estimated cost of AED 210 million, the project blends the vibrancy of retail space with the serenity of an urban park, while ensuring exceptional experiences for residents and visitors. The mall is scheduled to be completed in second half of 2026. The new mall is being meticulously designed to set new standards for a…
dnata currently has operations at two major airports in Switzerland dnata, a leading global air and travel services provider, has won a multi-year contract with Air India at Zurich Airport (ZRH) in Switzerland, as India’s national carrier returns to the city for the first time in 27 years. The partnership will see dnata provide its range of passenger, ramp, and baggage services to the airline which will operate a four-weekly service between Zurich and Delhi on a Boeing 787-8 aircraft. The company’s dedicated team will contribute to an excellent travel experience for over 50,000 passengers on Air India’s over 200…
Fairmont Residences Solara Tower Dubai joins 16 existing Fairmont-branded residences and 22 upcoming projects Fairmont Hotels & Resorts, a world-leading luxury hotel brand within the Accor group, has partnered with SOL Properties, a leading developer in the UAE, to launch a premium residential development, the Fairmont Residences Solara Tower Dubai, in Downtown Dubai, to redefine luxury real estate. The project is currently underway and is scheduled for completion by Q3 of 2027. Fairmont Solara Tower project combines Fairmont’s distinguished brand standards in the realm of luxury hospitality with SOL Properties’ vast expertise in luxury real estate to establish new benchmarks…
First non-Bentley family member to lead company, Cumins unveils vision for infrastructure resilience powered by AI, focus on operations phase of lifecycle Following the CEO transition plan previously announced by Bentley Systems, Incorporated (Nasdaq: BSY), Nicholas Cumins today takes charge as CEO. Cumins succeeds Greg Bentley, the eldest of the five brothers who founded Bentley Systems, who becomes Executive Chair of its Board of Directors. Cumins is the first CEO in the company’s 40-year history who is not a Bentley family member, marking a significant milestone in the company’s development. The Bentley brothers redefined what was then computer-aided design (CAD)…