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Category: Commerce

  • Danube Properties unveils 2ُ pipeline projects which will be launched soon

    Danube Properties unveils 2ُ pipeline projects which will be launched soon

    Danube Properties unveils two mega projects set for launch soon!

    BAYZ102 and Oasiz are positioned to redefine standards in luxury living and affordability, respectively.

    • These projects are designed to meet the diverse needs of investors, offering a range from premium luxury properties to affordable luxury options.
    • BAYZ102 by Danube, located in the heart of Business Bay, was launched after the massive success of BAYZ101. This iconic development will feature around 1200 fully furnished units and rise to 102 levels, earning it the title of the tallest project in Danube’s portfolio and embodying the phrase “YOUR HOME IN THE SKY.”
    • BAYZ102 by Danube will include a helipad for sky taxis and provide stunning views of the Burj Khalifa, along with over 40+ world-class amenities.
    • Oasiz by Danube will feature around 900 fully furnished units and more than 30 amenities, centrally located in Dubai Silicon Oasis. With a 1% payment plan, units start at just AED 6,990 per month.
    • Additionally, retail stores will be available for the convenience of residents.

    Dubai(News Desk)::Danube Properties, the UAE’s fastest-growing private real estate developer, has unveiled two new ambitious projects. BAYZ102, a towering 102-level skyscraper, will be the tallest in Danube’s portfolio and further solidify Dubai’s status as the City of Skyscrapers, alongside renowned landmarks like the Burj Khalifa, Marina 101, and Princess Tower. The second project, Oasiz, aims to deliver affordable luxury, providing high-end living options at accessible prices.

     Bayz102: Your Home in the Sky::Bayz102 by Danube is poised to become a new icon in Dubai’s skyline. Situated in the highly sought-after Business Bay area, this project embodies the essence of luxury and innovation. The tower will rise to an impressive 102 levels, making it the tallest project ever developed by Danube Properties. Bayz102 will house approximately 1,300 fully furnished ultra-luxury units, including studios, 1BHK, 2BHK, 3BHK, and 4BHK apartments. Each unit is designed to offer unparalleled comfort and style, catering to the sophisticated tastes of today’s discerning homeowners.

    One of the most groundbreaking features of Bayz102 is the integration of a helipad for sky taxis, also known as eVTOL (electric Vertical Takeoff and Landing) vehicles.  With panoramic views of the Burj Khalifa and the Dubai skyline, Bayz102 promises to deliver a living experience like no other.In addition to its residential offerings, Bayz102 will feature retail outlets and more than 40 world-class amenities designed to enhance the lifestyle of its residents. These amenities include a state-of-the-art health club, a swimming pool, a jogging track, a sports arena, a business center, a sky bar, BBQ Area, Table Tennis Room, Basketball Court, Wall Climbing, Bayz Outdoor Cinema and even on-call medical services.

    “Bayz102 by Danube represents a new era in luxury living. We are thrilled to introduce this project, which not only sets a new benchmark for high-rise living but also paves the way for the future of urban transportation in Dubai. As the city prepares to embrace sky taxis, we are proud to be at the forefront of this innovation, offering residents the convenience of cutting-edge mobility right at their doorstep,” said Mr. Rizwan Sajan, Founder and Chairman of Danube Properties.

     Oasiz: Affordable Luxury in the Heart of Dubai Silicon Oasis

    Complementing the opulence of Bayz102, Danube Properties is also launching Oasiz, a project designed to redefine affordable luxury in Dubai. Located in the rapidly developing Dubai Silicon Oasis, Oasiz will span approximately 1 million square feet, comprising around 900 luxury units across two towers, Oasiz 1 and Oasiz 2. The development includes a range of living options, from studios to 1BHK, 2BHK, and 3BHK apartments, along with retail outlets for residents’ convenience.

    Oasiz is strategically positioned to appeal to affluent corporate executives and professionals working in the vicinity of Sheikh Mohammed bin Zayed Road and Emirates Road. The towers will rise 37 floors and offer over 30+ amenities, ensuring a lifestyle of comfort and convenience. Residents will enjoy easy access to the Dubai Metro’s upcoming Blue Line, which will connect Dubai Silicon Oasis with other key communities, making it a prime location for both investors and end-users.

    Commenting on the choice of location, Mr. Sajan stated, “Dubai Silicon Oasis has seen a significant increase in demand due to its strategic location and the upcoming infrastructure developments, such as the Blue Line Metro extension. With the relocation of the airport to Dubai South and the growing popularity of communities along E311 and E611, we expect Oasiz to offer excellent returns for investors. The project aligns with our vision to provide affordable luxury that meets the evolving needs of Dubai’s residents.”

    The Oasiz project is scheduled for completion within 36 months, with delivery expected by December 2027. Prices for the units have been set competitively, making luxury living accessible to a broader audience Starting at AED 6,690 per month with Danube Properties signature 1% Payment plan and 0% interest.

  • Burjeel Holdings Receives Inaugural “AAA” MSCI Provisional ESG Rating

    Burjeel Holdings Receives Inaugural “AAA” MSCI Provisional ESG Rating

    Burjeel Holdings Receives Inaugural “AAA” MSCI Provisional ESG Rating, Outperforming GCC HealthCare Peers

    Abu Dhabi(News Desk)::Burjeel Holdings PLC (“Burjeel” or “the Group”), a leading super-specialty healthcare services provider in MENA listed on the Abu Dhabi Securities Exchange (“ADX”) (SYMBOL: BURJEEL; ISIN: AEE01119B224), today announces, that MSCI has initiated a provisional ESG rating of “AAA” for the Group, recognizing Burjeel as one of just 6% of global healthcare leaders that stand out for their strong performance across Environmental, Social, and Governance (“ESG”) dimensions.
    Burjeel received the AAA provisional rating, the highest in the Health Care Providers; Services industry,
    as of 30 August 2024. This score confirms the Group’s leading position in ESG among its peers in the GCC.
    MSCI’s evaluation underscores Burjeel’s stellar management of ESG-related risks and opportunities, particularly highlighting the Group’s success in reducing its environmental impact, as well as the safety and quality of its healthcare services and products. Burjeel was also recognized for its strong labor management practices, privacy and data protection measures, as well as its corporate social responsibility overall.
    Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, commented:“In line with the vision of the UAE, which has made sustainable socioeconomic development a foundational pillar of the nation, we have integrated environmental stewardship as a core principle of our corporate governance. We are dedicated to facilitating healthy lifestyles and promoting well-being in the communities we serve, while aligning fully with global standards on environmental stewardship, social responsibility, and ethical governance. The AAA rating by MSCI recognizes our efforts in this regard and represents a significant milestone for the Group. This important achievement acknowledges our robust corporate governance, excellent human capital development, and business initiatives that positively impact society. We are committed to further advancing our social responsibility and sustainability journey, incorporating MSCI’s suggestions to solidify our position as a leader in sustainable healthcare in the GCC”.
    Mr. John Sunil, Chief Executive Officer of Burjeel Holdings, said: Receiving an AAA ESG-rating from MSCI highlights our dedication to sustainability and responsible leadership, which closely aligns with our vision to promote healthy lifestyles and accessible healthcare for all. This rating also underscores Burjeels commitment to excellence in service and operations, and to optimal patient and employee care, which go hand in hand with integrating environmental and social considerations into our core operations and service delivery”.
    The AAA provisional ESG-rating follows Burjeel Holdings; announcement in March 2024, of a new long-
    term ESG strategy, centered on four strategic pillars: Healthy System, Healthy Community, Healthy Governance and Healthy Environment. Burjeel Holdings aims to promote overall well-being by ensuring a clean environment, enhancing sustainable living and positively impacting health while preserving natural resources for future generations. This includes a commitment to carbon neutrality by 2040, maintaining the highest employee and patient satisfaction scores, developing a responsible supply chain and delivering exceptional quality and safe healthcare services accredited by internationally recognized standards.
    The Group has already made remarkable advancements in implementing its ESG initiatives, winning the Gold Award for Diversity and Inclusion at the Employee Happiness Awards, the Great Place to Work certification, and the Department of Health – Abu Dhabi’s Emerald Muashir award in recognition of Burjeel’s sustainable practices in the healthcare industry. Burjeel Holdings remains dedicated to its mission of providing the highest quality of healthcare services to communities in the UAE whilensimultaneously mitigating climate change, improving internal systems, and creating value for stakeholders.
    MSCI ESG Research uses a rules-based methodology to assess companies; management of financially
    relevant ESG risks and opportunities. Companies are rated from AAA (leader) to CCC (laggard) based on their exposure to sector-specific ESG issues and their ability to manage those risks relative to peers.mFor a full review of Burjeel’s ESG performance in 2023 and details of the new strategy, please refer to the 2023 Sustainability Report, which is available in the Investor Relations section of the Burjeel Holdings website.-
  • Bloom Holding Begins Handover Process for Cordoba, Phase One

    Bloom Holding Begins Handover Process for Cordoba, Phase One

    Bloom Holding Begins Handover Process for Cordoba, Phase One of Bloom Living Ahead of Schedule

    Abu Dhabi(News Desk)::Bloom Holding, one of the UAE’s foremost real estate development companies, has announced that it has begun the handover process of units in Cordoba, the first phase of Bloom Living, the fully integrated and all-inclusive community in AbuDhabi.

    Cordoba’s handover process has started ahead of its scheduled delivery date, which was set for December 2024, presenting 257 spacious residential units that range from three- to six-bedroom detached villas and two- to three-bedroom townhouses with superior modern finishings complimented by exceptional facilities. The remarkable completion of this phase follows its successful launch in March 2022, where all units were sold out within four hours of release onto the market.
    Carlos Wakim, CEO of Bloom Holding said: “Delivering Cordoba earlier than anticipated demonstrates our commitment to excellence and our ability to deliver beyond our promises without compromising on quality, which has always been at the heart of our value proposition,and is why so many people continue to invest in Bloom developments. Cordoba is a perfect example of our ambition to develop premium units and provide our customers with an asset that delivers great lifestyle with long-term value value. We are glad that our valued homeowners will be able to enjoy their new homes and investments sooner.
    Cordobas swift handover will lead the way for the timely delivery of many more Bloom Living
    phases. Each phase has been carefully designed with unparalleled attention to detail and uniqueness. Unlike any other development, Bloom Living is a lifestyle destination centred on community living and is designed to provide an aspirational hub in which people of all backgrounds can flourish. We look forward to welcoming our first residents to this outstanding vibrant community.” He added.
    Those living within Cordoba can benefit from a wide range of facilities available at Bloom Living, all within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s multiple walkways, cycling tracks, and linear parks that connect the community’s neighborhoods. They can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports, and recreational facilities, as well as a wellness center.
    Additionally, at the heart of Bloom Living lies a Town Center that offers an array of retail and F&B options. To further promote an active and healthy lifestyle, residents can reach a mosque and two outstanding international schools by foot or bicycle.
    The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle in designated trails. For gatherings and leisure activities, the community features multi-purpose amphitheaters and Sunset and Sunrise Plazas with spectacular views.

    Inspired by the Mediterranean Spanish architecture and built over an area of 2.2 million sqm,Bloom Living features more than 4,500 homes, including a selection of villas, townhouses, and apartments, to suit the unique needs of residents of all generations. The highly convenient gated community is located within Zayed City and close to Abu Dhabi International Airport.
    Bloom Living has been designated as an investment zone allowing buyers of all nationalities to purchase residential units in the development. (-Ends-)

  • INFINITY Group creates revolution bylaunching FINY Coin

    INFINITY Group creates revolution bylaunching FINY Coin

    INFINITY Group creates revolution bylaunching FINY Coin – the new digital currency – a futuristic payment ecosystem
    FINY Coin, a new ‘digital currency’ will change the way people make payments and digital transactions. Company officials urge everyone to embrace the new currency to be ahead of the curve.

    *1. FINY Coin, a global cryptocurrency has been launched in the UAE which aims to improve the payment landscape in future;
    *2. The total crypto market capitalisation reached US$2.15 trillion in 2022 and the global revenue of cryptocurrency business is estimated to reach US$56.7 billion by the end of2024;
    *3. The supply of FINY COIN is 600 million which have been released.
    *4. FINY Ecosystem comprises FINY Tech, FINY Travel, FINY Live Game, FINY Wallet, FINY Merchant, FINY Realty, FINY Card, FINY Coin, FINY Trade, FINY Crypto Bank, FINY NFT, FINY Crypto Academy.

    Dubai(News Desk)::INFINITY Group, a Dubai based future focused diversified group of companies has launched FINY COIN on August 25, 2024, a blockchain-enabled cryptocurrency that is set to improve the new digital dollar by replacing physical currencies in the future. The launch of FINY COIN is in line with the UAE Governments vision for innovation and digital economy that aims to drive the growth of the global economy in the future.
    A cryptocurrency is a digital asset based on blockchain technology that can circulate without the
    centralised authority of a bank or government. As of August 20, 2024, more than 8,000 cryptocurrencies
    are in the market, representing a US$2.15 trillion market capitalisation. The rapidly increasing number of
    users will drive the global cryptocurrency market revenue to US$56.7 billion this year.
    Run by a group of young seasoned entrepreneurs, INFINITY Group boasts a portfolio of futuristic digital
    technology business such as blockchain and cryptocurrency and traditional business ranging from real
    estate, café, salon, and event management. It is headed by Mr. Zia Hasan, Chairman and Mr. Ali Hasan,
    Vice Chairman, while Mr Abdul Rahaman Bin Khalifa and Mr Firoz Siddiqui serve as the group’s
    Managing Director and CEO, respectively, along with Atef Ramadan as Board of Director and Ali Al Jallaf
    as Member of Board.

    “FINY COIN is part of an entire FINY Ecosystem which involves an end-to-end digital payment solution,”
    Mohammad Ariful Islam, CEO of FINY Ecosystem, says. “Initially, FINY Coin will be used for transactions and payments within the INFINITY Group businesses. So users can buy FINY Coin from us and make payment for the products and services from INFINITY Group. The users who have intention of purchasing property from INFINIX INFINITY property, our property management brokerage consultants will guide you through the payment process of using FINY COIN.
    “FINY aims to become a global brand. I take this opportunity to invite the global brands to collaborate with
    FINY Coin in this brand development. FINY Coin has been approved by governments of 108 countries so
    far which makes it a global currency. We are planning to collaborate with majority of the retailers and we
    will approach them to add FINY COIN on their payment getaway or points of sale (POS) machines so that
    people can make payments through their crypto wallet.”
    INFINITY Group made the announcement in front of more than 300 participants at the FINY EXPO in
    Armani Hotel, Burj Khalifa, Dubai, UAE on Sunday, August 25, 2024. The FINY EXPO is a landmark event in cryptocurrency and innovation showcasing a diverse range of services and products in the Ecosystem which aims to reshape the future of finance and technology, enabling seamless global transactions.
    At the FINY EXPO, attendees explored the full potential of the FINY Ecosystem, networked with industry
    leaders, and learnt about the future of digital finance. The event emphasized FINYs mission to make
    cryptocurrency accessible for daily use, drive widespread adoption, and position it as leading cryptocurrency.A total of 600 million FINY Coins have been issued so far for trading globally. At the launch of the FINY Coin at FINY EXPO, officials and experts say, FINY Coin will become one of the digital currencies in the world.
    Mr. Zia Hassan said that he hopes an increasing number of consumers and businesses will embrace the
    new digital currency that will accelerate the transition to the digital economy. “As we move towards a more digital ecosystem, we need to embrace the digital currency and use digital wallets that are backed up by blockchain that makes the eco-system secure. This way, we will shift towards a digital economy and society. At INFINITY Group, we have decided to use FINY Coin for all payment transactions so that our business partners and consumers are inspired to use digital currencies.”
    Mr. Ali Hassan urged all stakeholders to embrace the new digital currency. “Before everyone starts using
    FINY Coin as the de-facto digital currency, or the new ‘digital dollar’, we urge everyone to try it, register
    with it, buy it, and preserve it in your digital wallet for making payment in the coming months and years,”
    he said.
    FINY Coin is a crypto token issue company that aims to create a diverse and innovative ecosystem of
    applications and services based on blockchain technology. FINY Coin issues new tokens one by one,
    each with its own unique features and functions. All the crypto tokens issued by FINY Coin are useful and
    valuable in the digital currency market. They can be used in online shopping, gaming, entertainment, as
    well as booking travel packages.(Ends)

  • ADNEC Group unveils ESG Report 2023: Leading the charge in sustainability across all sectors

    ADNEC Group unveils ESG Report 2023: Leading the charge in sustainability across all sectors

    ADNEC Group unveils ESG Report 2023: Leading the charge in sustainability across all sectors 

    • ADNEC Centre Abu Dhabi has launched an AI-driven energy optimisation project to reduce greenhouse gas (GHG) emissions and operational costs.
    • Capital Events received re-certification for event sustainability management under ISO 20121, focusing on the TerraTile project for recycling event waste.
    • ADNEC hotels has implemented WasteMaster technology, processing approximately 4,000 kg of food waste daily to significantly reduce its carbon footprint.
    • In 2023, ADNEC Group’s waste management efforts resulted in a 53% recycling rate, an improvement from 49% in 2022.

    Abu Dhabi(News Desk):: – ADNEC Group announces the launch of its ESG Report 2023, a comprehensive reflection of the group’s consistent commitment to sustainability, ethical practices, and social responsibility across its seven key clusters: Venues, Events, Hotels, F&B, Services, Tourism, and Media. This report highlights significant achievements and sets a clear path towards a more sustainable and prosperous future for the organisation.

    Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC Group said, “Our collective achievements in sustainability are a testament to our commitment and collaboration. By fostering strong partnerships and staying at the forefront of technological trends, we are driving innovation and setting new standards in environmental stewardship.”The journey towards sustainability has been recognised with the prestigious Sheikh Hamdan Bin Zayed Environmental Award, a testament to ADNEC Group’s holistic approach to environmental stewardship. This accolade, alongside the ISO 14001 certification in Environmental Management Practices, underscores the organisation’s dedication to operating responsibly and transparently. The group’s total carbon footprint was 189,361tCO2e in 2022, with a goal to reduce this by 50% by 2030 and achieve Net-Zero emissions by 2045.

    Highlights from the report include:

    Venues: ADNEC venues have made remarkable strides in reducing their environmental footprint, with a 20.6% reduction in electricity consumed per event vs 2022. ADNEC Centre Abu Dhabi has launched an AI-driven energy optimisation project in partnership with a global brand, reflecting the group’s commitment to adopting cutting-edge technologies for sustainability. Additionally, the successful installation of solar panels on all car parking structures marks a significant step towards clean energy adoption.

    Events: In 2023, Capital Events was re-certified for event sustainability management under ISO 20121. A highlight is the TerraTile project, a 100% recycled modular flooring system developed with Terrax Environmental, which utilises event waste for environmental conservation. Capital Events is also committed to calculating the carbon footprint of its events, addressing major challenges, and implementing action plans to reduce their impact.

    Hotels: ADNEC hotels have launched innovative sustainability initiatives, including WasteMaster technology at the airport facility in Abu Dhabi, which processes 4,000 kg of food waste daily. This facility, capable of producing over 80,000 meals a day, significantly reduces the hotel’s carbon footprint. Additionally, ADNEC hotels have adopted energy-efficient lighting and motion-controlled lights across all assets.

    F&B: Alongside using WasteMaster technology to reduce its carbon footprint, Capital Catering has replaced plastic cutlery and single-use materials with wooden, bamboo, and paper alternatives, achieving over 90% adoption in sustainable packaging. Collaboration with ne’ma resulted in the ‘Zero Food Waste Programme’ during Abu Dhabi Sustainability Week, where 400 kg of edible food was donated, and three tonnes of waste were processed into natural fertiliser. Electricity consumption in the F&B cluster has decreased by 51.2% compared to the previous year.

    Services: Capital 360 Event Experiences has prioritised data security and business continuity, achieving 62.5% ISO 27001 certification across ADNEC Group companies in 2023. Transparent and sustainable procurement practices reinforce the commitment to ethical operations. Additionally, Capital 360 Event Experiences has launched initiatives to modernise infrastructure, utilise energy analytics, and digitalise processes to optimise energy consumption and reduce greenhouse gas emissions. A command control centre, expected by 2026-2027, will enhance sustainable practices across all large properties within the group.

    Tourism: Tourism 365 offers unique desert camp experiences that preserve and promote Emirati culture and heritage. These camps provide an immersive experience for tourists while supporting local communities through job creation and economic development. The redesigned edition, ready to welcome tourists in September 2024, continues to bolster social sustainability contributions.

    Media: twofour54 has made significant strides in environmental management by developing its Environmental Management System (EMS) in line with ISO 14001 standards. The company has formally committed to eco-design and environmental management, with certification expected by early 2025. Key initiatives at Yas Creative Hub include a business management system to monitor power and water consumption, automatic operation of lights and appliances with occupancy sensors, and a comprehensive waste segregation programme. The Media cluster offices decreased their electricity consumption by 64.6% compared to the previous year​.

    Training and nationalisation: The total number of training hours per employee has seen a steady increase, with a 21% rise in 2021, 43% in 2022, and an impressive 75% increase in 2023 compared to the 2020 baseline. This dedication to skill development reflects the group’s commitment to enhancing workforce capabilities. Additionally, the nationalisation rate has grown from 6% in 2022 to 19% in 2023, demonstrating ADNEC’s efforts to support and integrate local talent into the organisation​.

    Strategic partnerships and technological advancements: Strategic partnerships and technological advancements are essential to ADNEC Group’s sustainability strategy. Collaborating with Tadweer Group aims to halve emissions by 2030, while the TerraTile initiative with Terrax showcases innovative, sustainable solutions using recycled materials. An agreement with Emirates Water and Electricity Company (EWEC) to purchase clean energy advances the group towards Net-Zero emissions by 2045. In 2023, waste management efforts achieved a 53% recycling rate, up from 49% in 2022, highlighting the positive impact of these initiatives.The ADNEC Group ESG Report 2023 outlines a clear strategy and ambitious targets, setting the stage for continued success in sustainability. The group demonstrates that economic success, social impact, and environmental responsibility can coexist seamlessly. Visit the ADNEC Group website www.adnec.ae for further information.

  • Iman Developers Celebrate the Handover of Oxford Terraces

    Iman Developers Celebrate the Handover of Oxford Terraces

    Iman Developers Celebrate the Handover of Oxford Terraces

    The AED 72 million property, encompassing 30,000 square feet and housing 117 total units, is now beginning the handover to residents

    Dubai(News Desk):: Iman Developers, a leading luxury residential developer in Dubai, has announced that all units in Oxford Terraces, its luxury apartment complex located in Jumeirah Village Circle (JVC), which was sold out within one hour of becoming available in the market.
    This extraordinary demand highlights the strong appeal of premium living spaces offered by Iman Developers.Valued at AED 72 million, the residential development project began construction in 2022 and is now beginning the handover to residents. The development includes 117 units comprising a diverse mix of 58 studios (410 square feet), 51 one-bedroom apartments (710 square feet) and eight two-bedroom apartments (1050 square feet), offering residents a blend of modern design and functional living spaces, catering to the needs of contemporary urban lifestyles. The project encompasses a plot size of 30,000 square feet with a beautifully landscaped area of 17,000 square feet.
    Expressing his enthusiasm for the handover, Mr. Ismail Marfani, Chief Executive Officer of Iman Developers, stated, The handover of Oxford Terraces is a momentous occasion for Iman Developers. This project exemplifies our commitment to innovation, sustainability, and the creation of exceptional living spaces. The phenomenal response we have received underscores our dedication to these principles, and we are confident that Oxford Terraces will offer residents a unique and enriching living experience that aligns with our core values and long-term vision.
    Oxford Terraces has proven to be a remarkable investment for our buyers. Despite being initially priced above the market average due to its superior community living features and high-quality finishes, the value of these units has appreciated significantly. For instance, units that were purchased for AED 450,000 are now valued at AED 720,000. This substantial increase demonstrates the robust return on investment and the enduring appeal of our developments, he added.
    The newly completed Oxford Terraces is equipped with state-of-the-art amenities designed to provide residents with a luxurious and comfortable living experience. The development boasts a fully integrated gym, ensuring residents have access to top-notch fitness facilities without leaving the premises. The seamless documentation services simplify the buying process, making it hassle-free for new homeowners. Community engagement features foster a sense of belonging and camaraderie among residents, creating a vibrant and inclusive neighbourhood.
    In line with Iman Developers commitment to sustainability, Oxford Terraces incorporates green building initiatives that minimise environmental impact and promote energy efficiency. The landscaped areas are thoughtfully designed to enhance aesthetic appeal while providing serene spaces for relaxation. Additionally, residents can enjoy a variety of recreational facilities, including a rooftop infinity pool, leisure pool, yoga area. These amenities cater to diverse lifestyle needs, ensuring that every resident enjoys a well-rounded and fulfilling living experience.
    Notably, the project was awarded two prestigious accolades from Arabian Property: Best Apartment/Condominium in Dubai and Best Smart Home in Dubai. These awards highlight the developments exceptional design, innovative features, and commitment to high-quality standards
    As Iman Developers continues to set new benchmarks in the real estate industry, the commitment to delivering exceptional living spaces that enrich the lives of residents and contribute to the vibrant community of Jumeirah Village Circle remains unwavering. For moreinformation about current and future projects, please visit www.imandevelopers.com.

  • BLACK+DECKER®️ opens its first brand store in the world in Dubai

    BLACK+DECKER®️ opens its first brand store in the world in Dubai

    BLACK+DECKER®️ opens its first brand store in the world in Dubai
    The strategic move marks the brand’s aggressive omnichannel growth plan

    Dubai (News Desk):: The world’s first BLACK+DECKER ®️ brand store is now open at Al Ghurair Center, Dubai.This strategic move marks a significant milestone in BLACK+DECKER ®️ ambitious expansion strategy and aligns with its vision to elevate retail footprint, getting closer to consumers and double its revenue growth.
    This also marks the first home appliance brand to have a brand store in the region. At a time when the shopping experience is becoming increasingly impersonal, this store aims at bringing back a human touch and an enjoyable shopping experience.
    Located in Al Ghurair Center, the store showcases latest BLACK+DECKER ®️ products and offers an immersive consumer experience.
    Rahul Chandra, Director Consumer, BLACK+DECKER ®️ Middle East said: “We are delighted to announce the opening of our first exclusive store, a testament to our dedication towards customer satisfaction.
    With a physical retail space, we’re not just expanding our reach, but also strengthening our connection with our consumers”. The UAE Home Appliances Market size is estimated at USD 1.07 billion in 2024, and is expected to reach USD 1.31 billion by 2029, growing at a CAGR of 4.24% during the forecast period (2024-2029). Factors like rising disposable income, improving living standards, and the need for comfort are the key drivers for the growth and rapid innovation in the home appliance market.”
    “As we unveil BLACK+DECKER ®️ ‘s first retail brand store in the world, we also look ahead to our ambitious
    growth plans, which include improving retail experience and expanding consumer touchpoints in the future. This store embodies our belief ‘easy by design’ and goes a long way in making the lives of our consumers easy, convenient and balanced. We are looking at different avenues to delight our consumers, like for example for comprehensive home solutions to new homeowners in the region. We would like to thank our partners at Al Wifaq for their support and we look forward to growing the business together”, he added.
    Mustafa Riaz, Owner of Al Wifaq, said, “We Al Wifaq are proud to be part of world’s first Black + Decker brand store in world’s most dynamic city Dubai, UAE. This store will not just display the vastly diversified product lines that BLACK+DECKER ®️ has but promises to offer immersive experience that inspires and educates customers.
    This store lays the foundation for nationwide growth of such customer engaging experience brand stores. Our next target is expanding towards west of Dubai and eventually opening a store in beautiful capital city of UAE,Abu Dhabi.”Black+Decker’s omni channel growth plan includes a larger digital and physical outreach, enhancing customer support, a robust distribution network and a wider geographic footprint which brings the brand closer to the consumer’s lives and homes.-Ends-

  • Abu Dhabi Fund for Development unveils new corporate identity

    Abu Dhabi Fund for Development unveils new corporate identity

    Abu Dhabi Fund for Development unveils new corporate identity

    Abu Dhabi, July 15 –  Abu Dhabi Fund for Development (ADFD) has unveiled its new corporate identity on the occasion of its 53rd anniversary. This milestone reflects the fund’s ambitious strategic directions, based on global best practices, and aims to support sustainable development ensuring a more advanced and prosperous future for the next 50 years and future generations.

    The new identity embodies the core values of the UAE community, emphasizing impactful efforts to assist beneficiary countries in achieving their development objectives. It integrates key elements aimed at enhancing ADFD’s brand recognition, reflecting its expanding scope of operations aligning with the visions of partner governments and national institutions to achieve sustainable development goals.

    His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, said: “The launch of the new corporate identity marks a milestone in the Fund’s achievements over the past 50 years, under the guidance of our leadership and its commitment to international efforts on promoting sustainable development. The identity reflects our ambition and determination to continue our progress, improve the quality of life in communities, and maintain the UAE’s position as a global leader in development work.”

    He further emphasized that the corporate identity would serve as a roadmap for the Fund’s future and strengthen ADFD’s position as a leading global development institution. “It is derived from the UAE’s national goals and its development and economic policies,” he said.The corporate identity was launched under the theme “Shaping the Future Together”, aligning with the UAE’s strategic vision to achieve the 2030 Sustainable Development Agenda. This slogan highlights the importance of anticipating the future for a sustainable national economy and fostering global prosperity.

  • Simon-Kucher Expands its Presence in the Middle East

    Simon-Kucher Expands its Presence in the Middle East

    Simon-Kucher Expands its Presence in the Middle East with Opening of New Office innSaudi Arabia

    The Riyadh office launch comes as Simon-Kucher bolsters its talent pool in the region to meet thesurging demand for its specialized services, focusing on pricing and growth strategies for its clients.

    Dubai(News Desk):: Global consulting firm Simon-Kucher continues its strategic expansion in the Middle East with the opening of a new office in Riyadh, Saudi Arabia. This move reinforces the firms commitment to the region and its dedication to providing specialized services to local and international clients.
    The addition of three new Partners in the Riyadh office further solidifies Simon-Kuchers foothold in the Middle East. Now, with 46 offices spanning 31 countries across Europe, APAC, the Americas, Africa, and the Middle East, Simon-Kucher is poised to enhance its reach and capabilities within the region and globally. The firm has been present in the Middle East since 2012, with the establishment of its office in Dubai. Since then, the firm has focused on strengthening its leadership and attracting top talent, thanks in
    part to the recent additions of Partner Chris Bergman, and Dr. Marc Matar, previously based in Simon-Kucher’s Paris and London offices and now serving as the firm’s Head of Healthcare and Life Sciences in Asia.
    Opening our new office in Riyadh marks a significant milestone in Simon-Kuchers global expansion,remarks Dr. Andreas von der Gathen, co-CEO of Simon-Kucher.Situated at the heart of the Middle East, Saudi Arabia is undergoing a transformative journey of diversification and modernization through its Vision 2030 initiative.Dr. von der Gathen adds,Simon-Kuchers expertise, spanning pricing strategies,marketing, sales, and digitalization, aligns seamlessly with the evolving landscape of the region. As true pricing and growth specialists, we’re focused on delivering tangible results for our clients. Leading the expansion of the company in Saudi Arabia is Dr. Salim Al Gudhea, Managing Partner of Riyadh office, who brings extensive experience in strategic advisory, consulting, and public policy. It’s ideal timing for Simon-Kucher to expand into the Saudi market, which welcomes the specialized consulting offerings of the firm. The market will especially benefit from Simon-Kucher’s expertise in the design and implmentation of dynamic pricing models as well as growth and commercial models,” states Dr. Al Gudhea.Our Riyadh-based team is dedicated to driving value creation, growth, and profitability in this dynamic economy. By integrating local and regional expertise with the global connectivity of a leading pricing and growth specialist, we aim to deliver impactful solutions.Simon-Kuchers Riyadh office plans to expand its team exponentially in the next three years. Partners Sebastian Grunow and Jan Gudat just joined the office this month to support the expansion plan. Grunow offers strategic guidance in public services, financial services, industrial goods, and healthcare across Europe and the GCC, with a focus on digitalization. Gudat specializes in expediting digital transformation in diverse industries across Europe and the Middle East, emphasizing innovative methodologies for sustainable business models.
    “Simon-Kucher has had a longstanding presence in the Middle East, with the establishment of our Dubai office more than a decade ago,notes Lovrenc Kessler, Partner and Dubai Managing Director at Simon-Kucher, overseeing the companys operations in the Middle East.The addition of our new office in SaudiArabia and new talent corresponds to our clients’ growing demand for local presence in the region. Ourlocal consultants are dedicated to driving tangible impact anadvancing businesses and institutions.
  • Reportage Properties Announces Collaboration With Empire Holding Ahead Of Pakistan Expansion

    Reportage Properties Announces Collaboration With Empire Holding Ahead Of Pakistan Expansion

    Reportage Properties Announces Collaboration With Empire Holding Ahead Of Pakistan Expansion
    Announcement of famous cricketer Ahmed Shehzad as brand Ambassador

    ABU DHABI (News Desk): Reportage Properties Abu Dhabi held its Grand Sales Event (Road Show)  in Abu Dhabi. Reportage Properties, a leading real estate company of the United Arab Emirates, has opened its Lahore headquarters, Empire Holding, ahead of its planned expansion in Pakistan.
    Andrea Nucera, Chief Executive Officer, Reportage Properties, said that Pakistan is a land of opportunity and he is confident of success by working with Empire Holding. Named by Forbes Middle East as one of the 2024 Leaders of the Most Influential Real Estate Companies in the Middle East, Mr. Nocera said that timely completion of projects is one of the company’s strong points and that in the next few months, Want to invest 300 million dollars in Pakistan.
    Managing Director Empire Holding Raja Faisal Iftikhar, referring to the World Bank report, said that Pakistan needs 10m houses at least . He further said that our construction projects to be launched in Pakistan will benefit hundreds of other industries related to the construction sector, thus giving economic boost to Pakistan. He thanked the government of Pakistan for its help. He said that the large population of Pakistan provides many opportunities for this kind of cooperation. He said that Pakistan’s real estate companies or developers are unable to deliver despite the promises made to the customers.
    He said that he chose the famous cricketer and star batsman Ahmed Shehzad as the brand ambassador, because he is honest, reliable, concerned and honest about the needy people like the company.
    Ahmed Shahzad reiterated that he signed up for the project because the company has a strong reputation and is honest to deliver on its promises until completion. He believes that this will benefit those who want to invest their hard earned money in an international standard project with a return on investment.
    On this occasion, Chief Executive Officer Reporter Umpire Properties Pakistan Mr. Asim Iftikhar said. “Our focus will be on delivering projects that adhere to global best practices, thereby addressing the lack of confidence in the local market and contributing to the country’s economic growth,” Asim said. Thousands of job opportunities will be created which will be beneficial for the prosperity and development of the country
    Reportage Empire Properties, a subsidiary of Reportage International and a joint venture between Reportage Properties UAE and Reportage Empire Properties Pakistan, is poised to revolutionize Pakistan’s real estate industry by delivering turnkey projects that are superbly priced and modern. Present the design. The company’s expansion plans include opening offices in major cities across Pakistan, foreign direct investment to boost the economy and create employment opportunities.
    With over 20 years of experience, Reportage Properties is one of the largest private developers in the UAE, with projects in Abu Dhabi, Dubai, Saudi Arabia, Africa and now Egypt. The company is dedicated to providing innovative and affordable housing solutions that offer great value to investors and safe, comfortable homes to buyers. Reportage Properties is committed to creating homes with timely delivery and unmatched quality of life.
    The Reportage Empire collaboration will begin in Lahore, with plans to expand to several other cities in Pakistan such as Islamabad and Karachi. Each project will have facilities in accordance with Dubai standards with the best engineering and design.                                                                                                    Tahir Mahmood, Director Design and Development, while answering a question from representative Urduweekly, said that our mission is to bring innovation to all our construction projects in Pakistan by using the latest technology and provide affordable prices to our customers.