Jubail Island, poised to become Abu Dhabi’s most desirable residential sanctuary designed to appeal to wellness and nature enthusiasts, today marked its official launch in the UAE capital. Developed across 400 hectares at an estimated cost of AED5 billion, the diverse and meticulously planned low-density community – designated as an Abu Dhabi investment zone, will comprise a mix of serviced plots, high end and midrange properties that cater primarily to the requirements of nationals and the rental market. Set to feature six investment zone villages – Marafaa Al Jubail, Nad Al Dhabi, Seef Al Jubail, Ain Al Maha, Souk Al…
Author: Kasun Illankoon
Dr. Adeeb Al-Afifi, Director of the National Program for SMEs and Projects, Ministry of Economy opened AIM Startup today. The Future Cities Show also opened today, which witnessed the presence of H.E. Abdulla Alsaleh, Undersecretary of Ministry of Economy along with Mr. Evo Morales, President of Bolivia and Mr. Muhammadu Buhari, President of the Federal Republic of Nigeria. Both the shows run in conjunction with the Annual Investment Meeting (AIM), which takes place from 8th to 10th April. “AIM has started today under the theme – Harnessing Global Digitization to Empower Startups and SMEs, and in partnership for National Program…
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced the completion of 80% of road works leading to Jewel of the Creek Project undertaken in collaboration with Dubai International Real Estate. The project, which lies between Al Maktoum and the Floating Bridges, boasts of a design rendering it a landmark tourist destination, adding further prominence to the city and the tourist profile of the area. All construction of road works and underpasses of the project are scheduled for completion by June end. Al Tayer made this statement during a…
MR Properties has announced the launch of two new hotels in in Al Marjan Island the flagship of Marjan, the master-developer of freehold properties in Ras Al Khaimah. The hotels will add to the diverse hospitality offering of the Emirate, further supporting the government’s vision to boost tourism and inward investment.
Having already launched Double Tree by Hilton Resort & Spa Marjan Island, MR Properties recently broke ground for Hampton by Hilton on Al Marjan Island – the largest under the brand in the world – and has now also announced the all-new Conrad Marjan Island Resort. Together, the three hotels will add about 1,350 luxury rooms and suites.
The UAE’s intelligent transportation system market is seen to experience a compound annual growth rate (CAGR) of 9.2 percent during 2017-2023. An industry report released by Research and Market showed that the segment is poised for healthy growth within the covered period due to a number of factors, among which is the rising local demand for smart vehicles and Internet of Things (IoT) solutions. The high growth prospect for the domestic intelligent transportation system sector comes at a time when the country’s efforts are in full swing to transform itself into a smart country. The third edition of the Future…
KONE, a global leader in the elevator and escalator business has opened its first Regional Distribution Center (RDC) in Dubai South Freezone (DWC), United Arab Emirates on the 20thMarch 2019. The RDC will be the main distribution point of KONE and Non-KONE spare parts across the Middle East and Africa. The main objective of this strategic opening of the RDC is to strengthen KONE’s maintenance capability across the region through increased spare parts availability and reduced lead-time. Samer Halabi, Regional Managing Director for KONE Middle East & Africa, says: “The opening of the Regional Distribution Center in Dubai is an…
Saudi Arabia’s government announced an initiative to invest 130 billion SAR in culture and leisure by 2020 aimed at creating a true cultural community to enjoy theatres and cinemas. This movement has been translated in several mega projects including 16 entertainment complexes, an aquatic center and three other huge entertainment hubs. All are part of an offer to ensure that Riyadh, Jeddah, and Dammam become among the top 100 cities in the world for providing Quality of Life, a program which aims to develop and diversify entertainment opportunities to meet the needs of the population; & develop the Saudi contribution…
Schneider Electric, the leader in digital transformation of energy management and automation, announced today ahead of the World Economic Forum on MENA, that 83 percent of regional employers need leaders with digital skills to meet nationwide transformation and sustainability goals. Across the region, governments are leading nationwide transformation goals, such as Bahrain Economic Vision 2030, New Kuwait 2035, Oman Vision 2040, and UAE Vision 2021. Both the public and private sectors are digitizing to drive competitiveness, revenue, and transform citizen experiences. In MENA, 83 percent of employers value digital skills for senior roles, according to a Bayt.com survey. …