Author: Kasun Illankoon

Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with Emirates Telecommunication Group Company PJSC (Etisalat) regarding Ejari system and the Real Estate Blockchain technology. The MoU comes in line with the parties’ keenness to implement smart government standards (paperless management, reduction of customer visits, and digital contracts), the blockchain strategy, and facilitate customer procedures, where DLD will provide telecom services through Ejari application via connectivity with Etisalat. Under the MoU, DLD will determine the quality of services related to the Ejari application and Real Estate Blockchain technology, and will provide all the necessary capabilities, providing Etisalat with a…

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Automechanika Dubai 2019, the 17th edition of the Middle East and Africa’s (MEA) largest automotive aftermarket trade fair, was opened today (10th June) by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum. With 1,880 exhibitors from 63 countries spanning 63,300sqm at the Dubai International Convention and Exhibition Centre, the annual three-day event features 23 country pavilions and 34 international trade associations, while more than half of the 32,000-plus trade visitors are expected to come from outside of the UAE. The biggest names in the global automotive aftermarket will look to make big inroads in a MEA…

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Al Masaood Commercial Vehicles and Equipment (CV&E) part of Al Masaood group of companies, a pioneering Abu Dhabi conglomerate, is participating in Automechanika Dubai 2019 for the third year in a row, the largest international trade exhibition for the automotive service industry in the wider Middle East, which is running from 10-12 June at Dubai International Convention and Exhibition Centre. Al Masaood Workshop Equipment, a division of CV&E representing global automotive equipment brands and providing innovative sales and aftersales workshop equipment for an extensive range of franchises will be displaying the latest technologies in workshop equipment such as tyre repairing,…

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From regulators to investors, the property industry appears poised for a technology-powered transformation, thanks to a range of new developments Digital disruption is forcing innovation in nearly every single industry, and real estate is no exception. From showcasing inventory using virtual and augmented reality to deploying artificial intelligence and blockchain across portfolios and enhancing asset benchmarking and property configurations by leveraging data and analytics, innovation is driving value in many different ways across the sector. The transformative effect on the Middle Eastern property sector is already evident. One recent example from Bahrain shows how property transactions in the country jumped…

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Reinforcing its position as the global market leader for the air transport of temperature sensitive pharmaceuticals, Emirates SkyCargo has significantly boosted its worldwide pharma handling capabilities and infrastructure. New dedicated pharma facility at Chicago Emirates SkyCargo has commenced handling pharmaceutical cargo at a new purpose-built facility in Chicago. The facility, dedicated solely for pharmaceutical shipments. is spread over 1,000 sq. metres, with scope for additional expansion and provides comprehensive protection for pharma cargo through temperature controlled zones for acceptance and delivery, pharma cargo build up and break down, storage and direct ramp access. Developed in partnership with ground handling company…

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Saudi Airlines Cargo Company transported 175 Tons of World Wrestling Entertainment (WWE) equipment all the way to Jeddah, from Maastricht in the Netherlands for the WWE event that will take place at King Abdullah Sports City on June 7. Saudia Cargo has successfully provided all its logistical capabilities to bring the WWE wrestling ring equipment of the show that were forwarded by Sound Moves via Saudia Cargo freighters; Boeing 747-8 & Boeing 777 carrying total tonnages of 175 tons & delivered on the 22th of May, moreover, the company provided special Ground Handling for the heavy loads at King Abdulaziz…

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World of Wonders Real Estate Development (WOW RED) today announced its partnership with Dubai Islamic Bank, the UAE’s largest Islamic Bank, to provide an exclusive and value-added home finance solution for SLS Dubai Residences customers. Assuring exceptional value for end-users and investors, the home financing product is the first ever and the only payment facility in the UAE residential market for its affordability and potential to earn more than 45% return on equity during the first 7 years. Yahya Alkan, CEO of WOW RED, and Varun Sood, Dubai Islamic Bank Chief of Home Finance, were present along with senior officials…

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Select Group and ALEC provide us with the latest update on the Marina Gate Tower III project Jumeirah Living Marina Gate combines the Jumeirah Group’s luxury hospitality experience with Select Group’s commitment to creating an exceptional standard of living. Never before have Marina residents had access to Jumeirah’s impeccable standards for a curated lifestyle, coupled with the exceptional attractions found in one of Dubai’s most captivating locations. Jumeirah Living Marina Gate represents the third and final tower of the prestigious Marina Gate community located at the original entrance to Dubai Marina, a place where residents can relax and appreciate the…

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In line with its commitment to play a key role in further advancing Dubai’s leadership in global trade and e-commerce, Dubai South will bring to the spotlight the emirate’s advanced logistics connectivity and innovation among a global network of transport, logistics, mobility, IT and supply chain management companies when it participates at the Transport Logistic Exhibitions in Munich from June 4 to 7, 2019. It will showcase major projects under Dubai South’s Logistics District which provide various business solutions. Dubai continues to lead globally in terms of attracting foreign direct investments (FDI) as it increased by 41% in 2018, valued…

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