Union Square House sets sights on a further 25% growth and doubling team size in 2024. Dubai-based real estate brokerage Union Square House (USH) achieved AED 4.5 billion in property sales in 2023. This marks a 25% increase from AED 3.6 billion recorded in 2022, solidifying USH’s position as one of the top 5 real estate consultancies in Dubai. In light of this achievement, the company sets ambitious targets for 2024, aiming for a further 25% growth while also doubling its team size to enhance its service offerings and cater to the evolving needs of its customers. Gaurav Aidasani, Founder…
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The Ellinikon Experience Park is first project in Europe with a SITES Gold sustainability certification for a new construction project. LAMDA Development is proud to announce that The Ellinikon Experience Park has been awarded with the international SITES Gold sustainability certification for new construction projects. This award is a milestone, as The Experience Park of the major regeneration project of The Ellinikon, which was loved by young and old from the very first day it opened its doors in December 2021, is the first project in the New Construction Project category with a SITES certification in Europe. The Sustainable SITES…
A report revealed at the “Future of Branded Residences” event highlights massive growth of non-hotel related projects in Dubai. Dubai is now the leading city, globally for the development of branded residences, with the number of standalone projects (developments without a hotel component) set to rise to 54% of the market, accounting for 78% of new projects over the next four years, against a global projection of 41%. Over the past 10 years (from 2014 to end of 2024) the branded residences sector in Dubai will have grown by a 410%, rising from ten projects in 2014 to 51 today. In…
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Nakheel and Meydan will join forces with Dubai Holding in an effort to sustain and advance growth through a unified and integrated vision that builds on gains, spurs efforts and boosts Dubai’s global competitiveness. Nakheel and Meydan are set to become part of Dubai Holding, under the leadership of H.H. Sheikh Ahmed bin Saeed Al Maktoum. The Board of Directors of both Nakheel and Meydan Company will be abolished. His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “In a…
Pearl Group, a global leader in polyurethane (PU) insulation solutions and other PU-based applications, has significantly enhanced its operational footprint and capabilities in Saudi Arabia, doubling its production capacity in the Kingdom and significantly expanding its ability to meet local and regional demand. Further demonstrating its commitment to the booming Saudi market, the PU specialist has rolled out a dedicated supply chain strategy for the Kingdom, making same-day deliveries possible in Riyadh and other demand clusters, and appointed a specialised sales manager in the Kingdom to strengthen its presence and responsiveness in the region. Strategically located in Jeddah, Pearl’s state-of-the-art…
Logistics & Transport KSA Awards 2024 winners were announced on March 4, 2024, at Voco Riyadh. The event was hosted by Logistics News Middle East and BNC Publishing. The logistics and transport industry plays a pivotal role for economic activity, global trade and commerce especially in the Middle East. Countries in the region have heavily invested in building world-class infrastructure projects to enhance connectivity and efficiency. The region’s logistics sector is motivated by innovative technologies and services to meet the evolving needs of businesses and consumers which places it as a continuously growing market. In Riyadh, the Logistics and Transport…
DHG Properties, a renowned Swiss real estate developer with a legacy of over three decades of excellence, cites that the Dubai real estate market noticed a 29.6% year-on-year increase in deal volumes driven by growth in both the off-plan market and secondary deals. This is reinforced by the sales progress of DHG’s first project in the UAE; officially launched in February, Helvetia Residences is a 430-unit project situated in Jumeirah Village Circle (JVC) which entails world-class architecture. Construction has now commenced and the development is on schedule for a 2026 delivery. Dubai has one of the highest returns on investment (ROI) in…
U By Emaar announces a significant milestone in its growth: the renowned loyalty programme is now expanding internationally to Makkah, Kingdom of Saudi Arabia, at the luxurious Address Jabal Omar Makkah. This move marks a key development for U By Emaar, extending its exceptional benefits and experiences to a wider audience. U By Emaar has been at the forefront of redefining loyalty rewards, offering a seamless blend of lifestyle experiences and unparalleled rewards across Emaar’s portfolio, which includes hospitality, dining, wellness, entertainment, and shopping. The expansion to the holy city of Makkah reflects the programme’s dedication to offering its exclusive…
The maritime industry is undergoing a rapid transformation, marked by a focus on sustainability, safety, and digitalisation. Capt. Rado Antolovic and Vibha Mehta discuss the market in more depth. “Safety remains paramount, with a growing reliance on digital tools and AI-driven systems for predictive maintenance and hazard identification. Operationally, there is a clear trajectory towards increased digitalisation and automation, enhancing efficiency and fostering data-driven decision-making.” To check out this entire episode, tap the video below: https://youtu.be/EeBIDxxj4ZE
Sri Kurumba Educational and Charitable Trust, that was established in 1994 by Mr PNC Menon and Mrs Sobha Menon to run various philanthropic projects (including the CSR programs of SOBHA Ltd) has taken a significant stride towards providing secure and safe homes to the rural poor, totally free of charge. This initiative of Sobha Community Home Project by Sobha Realty – “Griha Sobha 2024”, provides free housing benefit to 220 women-led underprivileged families in Palakkad district, aiming to address the pressing issue of inadequate housing experienced by underprivileged families in India. In the recent inauguration event, the Sri Kurumba Educational…