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Featured in Real Estate and Retail
Makkah Millennium Hotel & Towers wins “Best 5-star Hotel” at the Arabian Travel Awards 2018

The award rewards and celebrates excellence across all sectors of the travel and tourism industry Makkah, KSA, 14 October, 2018:   Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Piazza, is the proud recipient of the coveted “Best 5-Star Hotel 2018” award presented at the Middle East Gala Ceremony of the Arabian Travel Awards 2018 held recently in Dubai. Arabian Travel Awards is a platform for the Middle East to recognize those behind the success of the Travel & Hospitality industry to make them believe they are achievers. It serves to acknowledge, reward and celebrate excellence across all sectors of the Middle East hospitality industry. Kevork Deldelian, Chief Operating Officer at Millennium Hotels and Resorts - Middle ......read more

Saudi Arabia's Interior Design Market Sharpens Focus, Accounting for One Third of Sar35.6 Billion GCC Spend

INDEX Saudi prepares to host thousands of designers, architects, buyers in Riyadh this month as interior design boom grows momentum    9 October 2018:  Thousands of designers, architects and buyers representing hundreds of international suppliers are descending upon Riyadh this month to capitalise on the boom in interior design spending across the Kingdom.   Saudi Arabia accounts for almost one third (32%) of the total GCC interior design market spend, some SAR11.25 billion of a total SAR35.6 billion, according to a recent Ventures report commissioned by INDEX Saudi, the new design exhibition which runs at the Riyadh International Convention and Exhibition Centre from 30 October to 1 November.   The renewed demand for high quality interior design and fit out services in the Kingdom can be ......read more

Al Faisaliah Hotel Riyadh Celebrates Saudi National Day with Great Turnout

Riyadh, 26 September 2018:   In honor of Saudi National Day, Al Faisaliah Hotel Riyadh hosted a 3-day celebration at the hotel, offering guests a range of festive experiences and extraordinary culinary treats in line with the historic day. The event was well-received, with a remarkable number of guests attending from all across the Kingdom.   A key part of Saudi history, the day celebrates the establishment of the Kingdom of Saudi Arabia by King Abdulaziz in 1932 and symbolizes the ideals and hopes of the Kingdom. It provides a sentiment of pride for the country and symbolizes a sense of appreciation by the citizens, being proud of everything that the country has achieved.  The national day celebration also comes in line with highlighting the strong hospitality market in the kingdom, which has ......read more

Waldorf Astoria Ras Al Khaimah and Jeddah launch Adrenaline-Packed Experiences for Thrill-Seeking Guests

Choose between a Porsche, Ferrari, or Lamborghini ‘supercar’ to explore the mountain roads and coastal highways of Ras Al Khaimah Uncover the underwater secrets of the Red Sea and explore 5,000-year-old Coral Reefs in Jeddah Packages part of New Hilton Digital Platform offering bespoke luxury experiences, including Private Luxury Yacht Cruises in Istanbul and Pyramid Tours in Cairo Saudi Arabia, September 23, 2018:  As part of Hilton’s new innovative web platform that offers a range of exclusive experiences across the hospitality group’s luxury brands, Waldorf Astoria is offering guests a host of action-packed experiences that will surely win the hearts of adventure-seekers and adrenaline junkies alike.   The new Waldorf Astoria Ras Al Khaimah Supercar Experience offers guests the ......read more

Celebrate Saudi National Day with Al Faisaliah Hotel Riyadh

Riyadh, 20 September 2018 –   This Saudi National Day, Al Faisaliah Hotel Riyadh is honored and proud to invite guests to celebrate this historic day with a host of festive experiences and extraordinary culinary treats. A key part of Saudi history, the day celebrates the 88th Saudi National Day and the establishment of the Kingdom of Saudi Arabia by King Abdulaziz in 1932 and symbolizes the ideals and hopes of the Kingdom. It provides a sentiment of pride for the country and symbolizes a sense of appreciation by the citizens, being proud of everything that the country has achieved.  Located in the heart of Riyadh, Al-Faisaliah Hotel will look to showcase its deep appreciation and patriotism for the kingdom and its citizens, while reflecting the spirit of the day for three days from September 21 to 23, ......read more

The St. Regis Maldives Vommuli Resort Celebrates 88th National Day of the Kingdom of Saudi Arabia

Stunning private island resort invites guests from the Middle East to enjoy a luxury family vacation filled with complimentary experiences Saudi Arabia, 19th September 2018:   The St. Regis Maldives Vommuli Resort welcomes families from Saudi Arabia looking to celebrate their country’s national day with a holiday in cooler climes. To mark the 88th anniversary of the unification of the Kingdom of Saudi Arabia on September 23rd, visitors from the Middle East can enjoy special room rates, a great selection of dining offers for the whole family and a host of complimentary experiences across the private island resort. For the starting rate of USD 1,100++, guests can choose to check into one of the resort’s garden, overwater, beach and two-bedroom family villas, or the overwater suites.  Each booking also ......read more

Dubai Festival City Mall Celebrates KSA National Day with Special Imagine Show

Dubai, UAE, 19th September 2018: Celebrating KSA National Day, Dubai Festival City Mall is the place to be this weekend from Thursday 20th until Sunday 23rd September, as the Mall announces a new IMAGINE show. The two-time Guinness World Record breaking, show like no other - IMAGINE, will celebrate this joyous occasion with a special show every evening after sunset for four days.  Families will also be entertained by a traditional band that will roam around the Mall on Sunday the 23rd September from 4 to 7 pm. Shoppers will also be able to enjoy and array of different dining options on the waterfront at Festival Bay, as well as enjoy irresistible shopping offering at Dubai Festival City Mall stores.

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Al Widyan Co. (SRECO) Awards SAR 1.1 billion Contract to BINYAH

Contract is to develop infrastructure for a 7 million square metre development in the northern growth corridor of Riyadh Contract is expected to generate over 2000 jobs in Saudi Arabia RIYADH, 16 September 2018:   Al Widyan Saudi Real Estate Company (Al Widyan Co.), a private joint stock company owned by Al Akaria Saudi Real Estate Co. (SRECO), has awarded a SAR 1.1 billion contract to BINYAH to develop key infrastructure on the Al Widyan project, SRECO’s 7 million square metre site in the northern growth corridor of Riyadh.   BINYAH is a joint venture between SRECO and Mohammad Ali Al Swailem Group (MASCO), which own 60% and 40% of the joint venture company respectively. Binyah will be responsible for developing all of the infrastructure of the Al Widyan project.      Groundworks ......read more

Ascott Rafal Olaya Riyadh Undertakes Saudization Efforts

The Ascott Limited (Ascott) welcomes two new Saudi nationals to key roles at Ascott Rafal Olaya Riyadh, in line with the continued Saudization efforts.  Saudi Arabia, September 12, 2018:   Saudization has taken centre stage at Ascott Rafal Olaya Riyadh, ahead of Saudi Arabia’s National Day on 23rd September, with the announcement of two new key staff member appointments at the property. As KSA celebrates its 86th National Day this month, Ascott has placed a key focus on training and recruitment of Saudi nationals.  Along with the required Saudization obligations in the Kingdom, Ascott is undergoing traineeships and development training for career growth tailored to the requirements of young dedicated people wanting to work in the hospitality industry.  Ibrahim Tawfig joins as Executive Assistant ......read more

Al Akaria Saudi Real Estate Company (SRECO) Signs Framework Agreement with Presidency of State Security for Real Estate Services

RIYADH, 4 September 2018:  Al Akaria Saudi Real Estate Company (SRECO), one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), has signed a Framework Agreement with the Presidency of State Security to provide real estate services to them in the Kingdom of Saudi Arabia (KSA).   SRECO will provide end to end delivery for all Presidency of State Security projects in KSA, in accordance with the regulations followed in the Kingdom, and after Presidency of State Security obtaining the necessary approvals including project management, infrastructure, building and construction, operation, maintenance and facilities management services. The projects are located in over 100 different locations access the kingdom and are varied in scale and composition.  “We are honored to be ......read more

Sharjah continues to become more affordable, with rents and sales prices falling – Bayut H1 report

July 22, 2018:   Rents and sales fell for Sharjah apartments from H2 2017 to H1 2018 accordingly to a recently published report of Bayut.com, the leading property portal in the UAE.   Rental highlights:  Rents fell for both villas and apartments. The largest decreases were in Al Nahda, where the average 1-bedroom apartment price fell by 16.2%.   Sales highlights: The steepest price falls were seen for Al Nahda, where the average for a 2-bedroom apartment fell by 14.3%.   There was good news for both buyers and renters in Sharjah as prices fell in most areas from H2 2017 to H1 2018 according to Bayut.com.   However, changes to property laws in Sharjah announced in April, which allow non-residents to own property in the emirate – may see increased interest ......read more

Makkah Millennium Hotel & Towers is all set to welcome 15,000 Haj pilgrims this season

he property is fully equipped to provide unrivalled quality of service and comfort to the pilgrims Makkah, KSA, (July 19, 2018):   Makkah Millennium Hotel & Towers, the luxury hotel serving pilgrims coming to Makkah and located directly over the Holy Haram opposite to King Fahd Gate, is ready to welcome more than 15,000 pilgrims coming from across the globe mostly from the GCC, Turkey, Egypt, Indonesia, Thailand, Singapore, Malaysia, Bangladesh, Pakistan, India, Australia, France, the United States and the United Kingdom, and East Asia during Hajj season 2018 – 1439. The property with an inventory of 1,614 rooms and suites is fully equipped to provide unrivalled quality of service and comfort for the Hajj pilgrims as the Hotel is connected to a commercial complex with more than 450 shops, restaurants and four ......read more

Affordable housing driving Riyadh's real estate market, says JLL

Continued government focus on increasing home ownership in the capital through new affordable supply and more public-private partnership (PPP) agreements   Riyadh, Kingdom of Saudi Arabia – 18 July 2018:  Although market conditions in Riyadh remain relatively unchanged this quarter, the governments’ continued focus on providing more affordable housing to drive home ownership amongst Saudi nationals will in turn boost the capital’s overall real estate sector, says JLL’s latest report. In line with the National Transformation Program 2020, the Ministry of Housing aims to increase home ownership for nationals from 47% to 52% through boosting affordable residential supply. A continued focus on this sector of the market was evident this quarter with the Ministry announcing eight new PPP agreements ......read more

‘Elaf Grand Al Majeedi' the newest addition to luxury hotels in Al Madina

July 11, 2018 - ‘Elaf Grand Al Majeedi,’ part of the Elaf Group, a SEDCO Holding Group company and a leading provider of travel, tourism and hospitality services in the region, is one of the best luxury hotels in Al Madina, due to its strategic location opposite to Bab Al Majidi, and the entrance gate for women that offers a unique view of the northern square of the Prophet's Mosque. The hotel, located 20 minutes from Prince Muhammad Bin Abdulaziz Airport, is surrounded by shopping malls and shops in the central region. ‘Elaf Grand Al Majeedi’ is the first hotel in the Kingdom to be branded as "Elaf Grand". Elaf Group launched the new brand after completing a comprehensive renovation of the property, which transformed it from a collection of apartments to one of the best hotels in Al Madina, in ......read more

Tory Burch Opens Two New Stores in Riyadh

Saudi Arabia, July 08, 2018:  Tory Burch announces the opening of a new boutique at the Riyadh Park Mall in Riyadh on June 26th. It follows the recent opening of an accessories-only concept at Kingdom Mall in Riyadh. The two stores further extend the brand’s footprint in Saudi Arabia — complementing its boutiques in Jeddah and Al Khobar.   The façade of the store at Riyadh Park Mall is distinguished by green awnings and orange lacquer doors, signature Tory Burch design details. In keeping with all Tory Burch stores, the interior has been designed to create a residential feel. Travertine floors in a basketweave pattern, oak panelling, cane tables and brass fretwork étagères offer a neutral backdrop for a sophisticated mix of furnishings, including a leopard rug, and banquettes covered in an exquisite floral ......read more

UL's Joint Venture in Saudi Arabia Receives Prestigious Award During Official KSA Royal Visit to the US

Joint venture between UL and GCC Lab Company based in Dammam, Saudi Arabia, gets recognition for its alignment with the KSA Vision 2030 UL Middle East received the award at an event held during the Saudi state visit by HRH Crown Prince Mohammed Bin Salman to the U.S Dubai, UAE, June 19, 2018:   Gulf Renewables Lab, a UL-GCC joint venture based in Dammam, Saudi Arabia, has received a special award for its innovative and forward-thinking initiatives.    Created with the aim of strengthening the Middle East’s Renewable Energy Infrastructure, the joint venture was commended due to its direct alignment to the Saudi Vision 2030 strategy to diversify its economy and ensure sustainability.    Global safety science organization, UL, is headquartered in Northbrook, Illinois, U.S.. Its ......read more

Alstom conducts initial dynamic tests for Riyadh Metro

Saudi Arabia, 10 June 2018:   Alstom has, for the past few weeks, been conducting initial dynamic tests for the Riyadh Metro Project at the FAST consortium Line 4 Depot Test Track in Riyadh, Kingdom of Saudi Arabia. The Riyadh Metro Project, owned by Arriyadh Development Authority (ADA), consists of 6 lines totalling 176 km and 85 metro stations.    The test campaign includes the demonstration of the performance of the railway system, from power supply to signalling systems, using the trains which have already been delivered.    Alstom, as part of FAST consortium is supplying a fully integrated metro system for lines 4, 5 and 6, which includes: 69 Metropolis-based Riyadh Metro trains, Urbalis signalling system, Hesop energy recovery station as well as tracks. The Metropolis-based train for Riyadh is ......read more

Blood Donation Campaign at Burj Rafal Hotel Kempinski

As a Continuation of a Series of Charity Activities Riyadh, 10 May 2018 – Burj Rafal Hotel Kempinski organized an open day to donate blood on May 9th, which took place in front of the Ballroom of the hotel in the presence of media, community influencers, and prominent philanthropists. The hotel's management is always keen on continuing its support to humanitarian services and is fully committed to social responsibility.  The blood donation campaign, organized in collaboration with the Military Hospital in Riyadh, successfully raised awareness about the importance of blood donation and showcased the role of this process in encouraging the spirit of cooperation amongst all members of society. Ghada Al-Rasheed, Human Resources Manager at the Burj Rafal Hotel Kempinski said, "This is one of the most important ......read more

Abu Dhabi Ship Building Company Launches Two 64-Meter Landing Ships for the Kuwait Naval Force

Abu Dhabi-UAE: 18 2018:   Abu Dhabi Ship Building Company (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has launched two 64-meter landing ships for the Kuwait Naval Force as part of a contract to build eight naval ships to support Kuwait’s military capabilities.  The ships were launched during a ceremony held at the headquarters of the Kuwaiti Naval Force in the presence of Lieutenant General Mohammad Al-Khodr, Chief of the General Staff at Kuwait Armed Forces; Lieutenant General Sheikh Abdullah Al-Nawaf Al-Sabah, Deputy Chief of Staff; Major-General Khaled Al-Kandari, Commander of the Kuwait Navy; Brigadier Fayez Al Muhairi, Commander of Floating Units at the UAE Armed Forces, and Dr. Khaled Al Mazrouei, Chief Executive Officer of ......read more

IKEA announces latest INDUSTRIELL and HJÄRTELIG Collections

Dubai, UAE, April 11, 2018:  Many people know that their mental and emotional wellbeing is as important as – and can actually affect – good physical health. In our busy, modern lives we can often feel removed from nature and even ourselves. So HJÄRTELIG collection invites us to press the “pause” button, if only for a little while, on a daily life that’s often hectic, complicated and online. Whether to practice some yoga, to tend to a plant or simply to relax amongst beautiful, natural materials, HJÄRTELIG collection is about the moments to re-focus and to revitalise ourselves. Designed with a delicate touch, these home furnishing products have a light and peaceful feeling, yet are useful and durable for everyday life at home.  THE DESIGNERS  “With the ......read more

His Excellency Faisal Alfadl, Secretary General of the King Saud Foundation and Founder of the Saudi Green Building Forum Opens the Hotel Show Saudi Arabia and Stone & Surface Saud

Jeddah, Saudi Arabia, 11th April 2018:   The sixth edition of The Hotel Show Saudi Arabia and second annual Stone & Surface Saudi Arabia were opened Tuesday (10th April 2018) by His Excellency Faisal Alfadl, Secretary General of the King Saud Foundation and Founder of the Saudi Green Building Forum. AlFadl also hosted a full-day ‘Green Building Workshop’ during the first day of the events at the conference at Stone & Surface Saudi Arabia, detailing Saudi’s position as a world leader in sustainable construction, with an “intelligent cities” green built environment on its horizon. Thousands of hospitality and construction industry professionals are anticipated to descend on Jeddah for the major trade events running together at the Jeddah Centre for Forums and Events for three days, ......read more

Happy First Anniversary, John Lewis!

Robinsons’ John Lewis celebrates its first anniversary in Dubai with spectacular events Dubai, UAE, April 7, 2018:  The high-end brand “John Lewis” got into the festive mood on March 29th celebrating its first anniversary in Dubai. The iconic store celebrated a morning of entertaining activities, which were initiated with an introduction speech by the General Manager Mr. Adosh Sharma from 11:00 to 11:30 am. The real party mood started at 11:30 with revealing the birthday cake along with a delightful English brunch. The diverse activities comprised of three workshops that ranged from an etiquette session to a baking class. The guests engaged in learning all the secrets of baking delicious cupcakes with our "Master of Cupcake" baking class. Those who were curious to find out more about table manners ......read more

Customer from Saudi Arabia is 100,000th visitor to the GROHE Truck Tour

With a total of four mobile showrooms, GROHE has been on the road in Europe and the Middle East since March 2017 So far, the XXL trucks have covered approximately 150.000 kilometres in 33 countries Dubai, United Arab Emirates - 4 April 2018:  GROHE, the world's leading manufacturer of sanitary fittings, welcomed the 100,000th visitor to its innovation tour through Europe and the Middle East. GROHE employees congratulated Muneem Al Fashtaki in front of the GROHE XXL truck in Jeddah, Saudi Arabia. The sales manager of Al Falaj Trading Est., a medium-sized distributor of the region, visited the mobile showroom in order to find out about the latest GROHE innovations.   Representing all visitors to the GROHE trucks, he received a small gift of a GROHE Power & Soul shower set that allows switching between ......read more

MEFMA organizes workshop and networking event in Jeddah aimed at highlighting role of FM across KSA's freehold property sector'

Saudi Arabia, March 27, 2018:  The Middle East Facility Management Association (MEFMA), a non-profit professional organization, successfully threw the spotlight on the significant role that Facilities Management (FM) plays in the Kingdom of Saudi Arabia's (KSA) rapidly thriving freehold property segment, in a specially hosted workshop and networking event that was held last March 26, 2018 at the Sofitel Hotel in Jeddah Corniche. The exciting one-day event was sponsored by MEFMA Corporate Members Al Mahmal Facilities Services Company.  The event featured a panel discussion covering the topic, 'The strategic role of FM in the KSA Freehold Property Sector,' which featured the participation of industry experts Mohammad Al Duraibi, Member of the Board of Directors, MEFMA; Hazim Al-Dabbagh, Managing Partner, SureFix ......read more

SOUQ ‘Everything For You Sale' Offers Customers Thousands of Deals

The Third Edition of the Sale to run from March 28th to March 31st with up to 70% off 27 March 2018, Dubai, U.A.E:   SOUQ.com has announced the third edition of ‘Everything For You Sale’ giving customers a chance to shop for what they want at great prices, with up to 70% off from Wednesday, March 28 to Saturday, March 31. The third edition of SOUQ’s biggest sale of the season will give customers the opportunity to search for what they want, with great savings on thousands of products. For customers, looking for a personal makeover, revamping their home, stocking up on kitchen supplies or craving to get their hands on the latest gadgets, you can find a vast selection on SOUQ’s ‘Everything For You Sale’:  This year, customers can shop an even greater selection, as ‘Everything ......read more

Other Top Stories from Real Estate and Retail
 
Paris Gallery Opens in Al Hamra Mall, Riyadh, A signature shopping experience…

Paris Gallery, the leading luxury retailer in the region, opened its new opulent store in Al Hamra Mall. The opening ceremony was held under the patronage and presence of Mr. Yaqoub Al Sharif Al Hashemi, Sara Group Executive Director and other chief guests including senior officials and diplomats led by His Royal Highness Prince Mohammed bin Faisal bin Mohammed bin Abdulaziz Al Saud, French ......read more

Strategic MoU encourages women into real estate sector in Saudi Arabia…

New partnership between JLL and Effat University signed in Jeddah  MoU showcases real estate sector as career option for women in the Kingdom Jeddah, Kingdom of Saudi Arabia – May 31 2017:  JLL, the world's leading real estate investment and advisory firm, and Effat University, a private non-profit institution of higher education for women in Saudi Arabia, have signed a ......read more

Middle East Council Of Shopping Centres hosts RECon Forum – Jeddah 2017…

RECon Forum Jeddah will be held at the Hilton Hotel Jeddah, 7th & 8th May 2017 Saudi Arabia, May 3, 2017 – The Middle East Council of Shopping Centres (MECSC) hosts the first RECon Forum Jeddah on 7th& 8th of May at the Hilton Hotel, Jeddah Saudi Arabia. RECon Forum Jeddah is themed “Retail of the Future – Saudi Vision 2013”; the event is under the patronage ......read more

Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in the ‘City ...…

Hospitality firm secures its third project in the country in just two years as agreement to manage Mövenpick Hotel & Apartments Lahore is finalised Dubai, United Arab Emirates, 19 April 2017 – Mövenpick Hotels & Resorts has expanded its footprint in Pakistan after finalising an agreement to operate its third property in the country. The Swiss hospitality firm has signed ......read more

Asteco signs first master franchise in Saudi Arabia…

Saudi Arabia based Ma’ather for Real Estate Management LLC invests in Asteco’s proven franchise brand, the first in the country  Dubai, April 19, 2017:  Asteco, the Middle East’s largest independent full-service real estate company, has added its first franchise in Saudi Arabia to its growing integrated network, taking the tally of franchises to 15 in the ......read more

Future Drainage and Stormwater Networks KSA Seminar successfully launched with the support of the ...…

Riyadh, April 18, 2017– Supported by the Saudi Irrigation and Drainage Authority, Advanced Conferences & Meetings has proudly launched Future Drainage and Stormwater Networks KSA Seminar, at The Rosh Rayhaan Hotel, Riyadh. This event addressed updates, strategies and technologies for optimising stormwater, drainage and sewage projects across Saudi Arabia. This event brought together ......read more

Sloanes Real Estate Brokers launch Sample Floors at Bayat Plaza…

Twin Towers represent quality and modernity in the heart of the city Jeddah: Sloanes Real Estate Brokers, a subsidiary of the SABBAN Group of Companies, has announced the completion of Bayat Plaza’s sample floor, and will soon be transforming the skyline of central Jeddah with its luxurious residential development and contemporary landmark. Strategically located in the business hub of ......read more

Thousands join in Doha Festival City's opening day celebrations…

As the Mall opens its doors with a celebratory bang, the Mall promises even more entertainment and surprises are yet to come!  Doha, 6th April 2017: Doha Festival City, the largest entertainment, retail and hospitality destination in Qatar, managed and operated by Al-Futtaim, opened its doors to the public yesterday, 5th April 2017. Thousands of visitors flocked to the new Mall from 10am ......read more

Stone Leaders Turkey target Saudi's “Enormous Potential” to match export ambitions…

Pictured: Quarry owners from Turkey – renowned internationally for their vast supply of exceptional natural stone and marble (left) – will touch down in the Kingdom today ahead of the first Stone & Surface Saudi Arabia trade show, starting in Jeddah (middle) tomorrow evening. Stefano Iannacone (right) of Dubai-based Mapei Construction Chemicals LLC described the Saudi market as ......read more

Hilton Expands Hotel Portfolio in Saudi Arabia…

Hilton Makkah Convention Hotel Opens, Bringing Largest Convention Centre to the Heart of the Holy City  MAKKAH, Saudi Arabia, 2 April 2017 – Hilton (NYSE: HLT) today opens the doors of Hilton Makkah Convention Hotel. With majestic views overlooking the Sacred Mosque, Al Masjid al Haram, and the city’s largest ballroom and convention centre, Hilton proudly welcomes Hilton ......read more

Cayan Group Announces New Strategic Project in Jeddah at MIPIM…

Nikken Sekkei appointed architect for SAR 1.2billion project at Obhur waterfront Jeddah, 15thMarch, 2017—Cayan Group, the leading Saudi property developer in the Middle East, today announced plans for a new mega project at the Obhur waterfront in Jeddah. Attending the world’s leading property market, MIPIM in Cannes, France, Cayan Group outlined some details of the planned project, ......read more

IKEA Spreads Cheer on International Day of Happiness…

Nearly AED 20,000 of goodies were hand-gifted to customers in Dubai and Abu Dhabi Dubai, 20th March, 2017:  Swedish home furnishing retailer, IKEA - part of Al-Futtaim – marked International Day of Happiness this morning with a series of ‘Happiness Drops’ at Dubai Festival City as well as in-store at both its Dubai and Abu Dhabi locations.  Throughout the day ......read more

The first Saudi Arabian woman to become a General Manager in Hospitality - Rezidor appoints Maram ...…

Dubai, UAE, March 16, 2017:  The Rezidor Hotel Group, one of the most dynamic hotel companies in the world, is proud to mark a new milestone in its history by appointing its first Saudi female General Manager in the company and the hospitality industry. Miss Maram Kokandi will be the General Manager of a new Park Inn by Radisson hotel in Jeddah, Saudi Arabia, scheduled to open later this ......read more

Middle East Council of Shopping Centres' Next Generation Networking Reception in Riyadh…

MECSC’s Next Generation Events – connecting retail professionals across Middle East Dubai, 9th March 2017 – The Middle East Council of Shopping Centres and the International Council of Shopping Centres host the Next Generation Networking reception in Riyadh, on Wednesday March 15th at Ritz Carlton Hotel in Riyadh, Saudi Arabia. David Macadam, CEO, MECSC says “Saudi ......read more

Leading manufacturer Danfoss announces office opening in Saudi Arabia…

Jeddah: Danfoss – a leading manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration, industrial, and water systems – has announced the launch of its first technical support office in the Kingdom of Saudi Arabia. Revealed at an event held at Sofitel Cornice Hotel in Jeddah yesterday, Danfoss senior executives ......read more

Saudi's AFIFI Industrial Group to extend its participation at Dubai WoodShow 2017…

The company will unveil its specialized facility that produces various interior decoration materials for the furniture applications  Dubai, UAE, 6 March 2017:  According to a new market report published by Credence Research Furniture Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023, the furniture market has been estimated to be valued at ......read more

Al-Futtaim Launches Second Mixed Use Development in the UAE…

New lifestyle focused mall for southern Dubai to be anchored by IKEA and ACE.  Dubai, UAE, 06 March 2017:  Al-Futtaim, one of the most progressive business houses in the Gulf region, has broken ground on the development of a 78,500 sq. metre site, which forms part of the Jebel Ali Development (JAD) mixed use master planned community.   Al-Futtaim plans to expand its retail ......read more

Lucrative Returns on Investments Attracts Saudi Investors to the International Property Show in ...…

Saudi Arabian investors occupy second position among the non-local real estate investors in Dubai Dubai, UAE, 2 March 2017:  A report issued by Dubai Land Department (DLD) stated that 3,294 Saudi Arabian investors made transactions worth AED 8 billion in the real estate market in Dubai in 2016. The statistics demonstrate an annual growth in the real estate investment in Dubai by GCC ......read more

New initiatives to support KSA's real estate sector in face of macro-economic challenges…

JLL’s 2016 review of the market highlights the major economic factors affecting the office, residential, retail and hotel sectors in the Kingdom’s three largest real estate markets of Riyadh, Jeddah and the DMA  Riyadh/Jeddah, KSA, January 12, 2017:  2016 saw the release of the Saudi Vision 2030 and National Transformation Program (NTP), both major initiatives in response ......read more

The Saudi TASNEE is Platinum Sponsor of ArabPlast 2017 in Dubai…

KSA’s petrochemical sector is largest non-oil sector, with investment estimated at USD 63.5–150 billion expected in 2020 alone, according to the Saudi Arabia industrial overview report published by Jeddah Chamber Dubai, UAE, Riyad, Saudi Arabia, 22 December 2016: Tasnee, the leading industrial company in Saudi Arabia, is the platinum sponsor of ArabPlast Show to be held from 8th to ......read more

New aswaaq Mart Open in Hatta…

Supporting new directive from His Highness Sheikh Mohammad Bin Rashid Al Maktoum which aims to enhance Hatta’s economic and social capabilities Developing a 60,000sqft community mall, which will be ready 2018. Dubai, UAE, December 18, 2016:   aswaaq has announced the launch of a new aswaaq Mart in Hatta. The store is part of the new ‘Marts’ concept from the ......read more

Unlimited demand for growth of Makkah's hotel sector – says JLL in first report on the city's real ...…

‘Makkah, A City within a City’ report follows collaboration with Makkah Chamber of Commerce & Industry to support  greater real estate market transparency in Saudi Arabia  KSA, Makkah, 06, December 2016:  JLL, the world's leading real estate investment and advisory firm, today released its first report on ‘Makkah, A City within a City’ which ......read more

Centrepoint Extends Its Offering With the Launch of Eyeworks…

Dubai, 5th December, 2016:  Centrepoint, the region’s largest fashion retailer, is renowned for the breadth of its fashion and cosmetics product range. The popular retailer caters to the mid-market segment across the Middle East and houses homegrown concepts, Babyshop, Splash, Shoe Mart and Lifestyle, under its umbrella. Centrepoint has now announced the introduction of a sunglass ......read more

SOUQ.com Announces the Best Deals for WHITE FRIDAY 2016…

The Biggest Online Sale in the Middle East begins tomorrow: 23rd to 26th November Dubai, UAE, November 22, 2016:   The most awaited White Friday 2016, the biggest online sale in the Middle East by SOUQ.com starts tomorrow across the GCC and Egypt. SOUQ.com, the largest online and marketplace retailer in the region is offering incredible White Friday deals that will go live from the   ......read more

Marka Announces Q3 2016 Financial Results…

Strong performance resulting in positive EBITDA of AED 4.2 million Marka operates a total of 53 outlets across all divisions Dubai, United Arab Emirates – 16 November 2016:  Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, today released its interim financial results for the third quarter of 2016. For the three months ending 30 September 2016, ......read more

Middle East braces itself for the biggest White Friday 2016 on SOUQ.com…

As the region’s avid online shoppers get set for another record-breaking 4-day shopping festival, SOUQ.com ensures a seamless and exciting shopping experience for customers 25K exclusive new deals to be launched on the website and mobile app SOUQ.com gears up for 20 million visits during White Friday   With the introduction of new Fashion, FMCG and lifestyle categories, 50% ......read more

Saudi property investors targeted by world-class residential golf community developer in Dubai…

Top executives from the UAE Government owned developer visited the Kingdom as part of sales drive to boost Saudi investment  Jumeirah Golf Estates seeks to engage with Saudi lenders and real estate agencies to showcase lucrative investment opportunities on offer to local buyers Jeddah, KSA, 6 November 2016:  Jumeirah Golf Estates – one of the Middle East’s most ......read more

Crystal Lagoons to debut in multi-billion dollar Saudi real estate developments…

Patented man-made crystal clear lagoons prove to be a key driver for successful real estate developments adding value to its tourism proposition Cutting edge technology uses up to 30 times less water than a golf course and half of the water required to irrigate a park   Innovative additive reduces evaporation rates by up to 70% Dubai, UAE, October 31, 2016:  Crystal Lagoons, ......read more

More and more JBR visitors are connecting via WiFi UAE…

3,296 visitors to the beachfront promenade browsing the Internet and connecting on social media with WiFi UAE in the month of August Dubai, UAE, October 18, 2016:   WiFi UAE now offers visitors to JBR access to seamless connectivity to the Internet through the choice of either free or premium WiFi. Expanding its footprint to enhance happiness through connectivity, WiFi UAE has seen ......read more

Business Bay landscape to be redefined with opening of Marasi Business Bay Promenade…

AED1 billion project paves the way for Business Bay transformation, unveiling an entire new waterfront destination with the launch of Marasi Business Bay Promenade   Dubai, UAE, October 16, 2016:    Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, has announced that the iconic Marasi ......read more

ARTAR to showcase the shape of things to come in Gulf Property at Cityscape Jeddah…

Prominent Saudi developer says luxury residential tower in Downtown Dubai points the way ahead to satisfy demands of investors, end users Jeddah, Saudi Arabia, 16 October 2016:  One of Saudi Arabia’s most prominent real estate development companies says the new UAE venture it will be showcasing at Cityscape Jeddah next month is the shape of things to come for property investors in ......read more

Mövenpick Hotels & Resorts Partners with Real Estate Developer Nusasiri Plc to Launch Three ...…

Dubai, UAE, October 16, 2016:  The Swiss hotel management company, Mövenpick Hotels & Resorts, has signed an agreement with leading real estate developer Nusasiri Plc to manage three properties in Thailand. The three properties will be Mövenpick Residences Ekkamai, Bangkok and Mövenpick Resort Khao Yai, both scheduled to open in Q4 2016, and Mövenpick Resort Mai ......read more

GE ushers in next era of advanced manufacturing in Saudi Arabia…

GEMTEC in Dammam now the region’s first ‘Brilliant Factory’ Expands GEMTEC facility to 26,000 sq m to manufacture ‘Made in Saudi’ HA and F gas turbines Creates 150 new high quality jobs for Saudi nationals  Delivers GEMTEC’s first 7F turbine to SEC’s Waad Al Shamal combined-cycle power plant Dammam, Saudi Arabia, October 16, 2016: ......read more

Air Purifiers Market: Brand Value & Purification Capacity Key Factors for Consumers in GCC…

Although considered as a luxury, demand for air purifiers is steadily growing in the Gulf Cooperation Council (GCC) and is estimated to reach US$ 85.2 Mn by 2020. According to majority of air purifier manufacturers and distributors/retailers around the world, the HEPA technology will expand at an annual growth rate of 5%-10% between 2015 and 2020. The brand value and purification capacity is ......read more

Dubai Properties' Casa Dora at Serena records phenomenal response amidst flourishing affordable ...…

Attractive pricing plans for mid-income housing projects lead to high demand for Casa Dora at Serena in DUBAILAND  Dubai, UAE, September 8, 2016:    Highlighting the increasing demand for affordable housing targeting the mid-income segment, Dubai Properties (DP), a leading real estate master developer and asset manager in the Emirate, announced that the release of the ......read more

Dubai Properties' Virtual Reality tour of master-planned destinations becomes a firm favourite for ...…

DP integrates innovative viewing technologies at Middle East real estate exhibition  Dubai, United Arab Emirates, 7th September 2016: Virtual Reality tour of master-planned destinations by Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for world-class destinations across the Emirate, is proving a firm favourite for visitors at Cityscape ......read more

First phase of Dubai Properties' Marasi Business Bay on schedule to be delivered in Q4 2017…

With water-homes under construction, Marasi Business Bay is set to provide a unique living proposition for Dubai Dubai, UAE, September 5, 2016:    Dubai Properties Group (DPG), one of the largest fully integrated community development businesses in Dubai, known for renowned destinations across the Emirate, has announced that the iconic Marasi Business Bay development is on schedule ......read more

Launch of Casa Dora at Serena in DUBAILAND to enhance market dynamics for affordable housing in ...…

Following success of the first release of townhouses in Bella Casa at Serena, real estate master developer Dubai Properties announces pre-sale online registration for launch of additional units soon Dubai, United Arab Emirates, 28 August 2016 – Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager has announced townhouses in the ......read more

Jumeirah Beach Residence and GreenParking partner to Optimise Visitor Parking Experience…

Reorganisation of parking management at JBR is set to ease and enhance residents and visitors’ experience Dubai, UAE, August 10, 2016:  Jumeirah Beach Residence, a Dubai Properties (DP) retail destination, has partnered with GreenParking, the only one-stop-shop for environmentally friendly car park management in the Middle East, to enhance parking facilities at the Jumeirah Beach ......read more

Dubai Properties extends flexible purchaser plan during the summer months…

Hike in sales transactions following increased buyer interest prompts to extension of flexible, post-handover payment plans  Dubai, UAE, July 31, 2016:  Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced an extension to its flexible payment plan for purchasers of property in its Serena and Arabella 2 developments located in ......read more

Riyadh and Jeddah's Real Estate Market performance is set to improve as a result of Saudi Vision ...…

According to JLL’s Q2-2016 Riyadh and Jeddah Real Estate Overviews  Kingdom of Saudi Arabia, July 27, 2016:  JLL, the world's leading real estate investment and advisory firm, today has released its Q2 2016 Riyadh and Jeddah Real Estate Overview reports assessing the latest trends in the office, residential, retail and hotel sectors. With Saudi Vision 2030 pivotal to the ......read more

Dubai Properties Launches Bellevue Tower 2…

Strong investor interest after launch of Bellevue Towers in June Dubai, UAE, July 26, 2016:  In response to the strong market demand, Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced the launch of the second tower of Bellevue Towers for sale. The sought-after residential development has garnered huge investor interest and high ......read more

JLL Signs MoU with Makkah Chamber of Commerce & Industry to support greater real estate market ...…

Makkah, KSA, July 14, 2016:  JLL, the world's leading real estate investment and advisory firm, signed a Memorandum of Understanding (MoU) with the Makkah Chamber of Commerce & Industry that will help improve transparency in the Saudi real estate market. As an independent consultant, JLL will collaborate with key stakeholders to collect, consolidate and share accurate data ......read more

The JBR Dome offers Dubai a chance to enjoy the UEFA's Euro 2016 football fever like never before…

Europe’s leading football competition to be broadcast live from a dome shaped tent that will be available for individual, group, and corporate bookings at JBR Dubai, UAE, July 4, 2016:   The JBR Dome, located in Jumeirah Beach Residence (JBR), a destination developed and managed by Dubai Properties, is a football-themed structure at the Rimal sector, and is scheduled to open ......read more

Research Facilities Construction in Saudi Arabia…

This report is the result of extensive market research covering the research facilities construction industry in Saudi Arabia. It contains detailed historic and forecast market value data for the research facilities construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). 'Research Facilities ......read more

Riyadh Metro Completes Tunneling Excavation Works For Green Line…

Saudi Arabia, June 9, 2016:  ArRiyadh Development Authority (ADA) have today completed the end of Tunnel Excavation works for Line 5 (Green Line).  Line 5 (Green Line) is one of the three lines being constructed by FAST  Consortium - One of  three international Consortia commissioned to build the Riyadh Metro Projects’ six lines.  The announcement took ......read more

Conrad Hotels & Resorts Opens the Doors to Conrad Makkah in the Heart of the Holy City…

MAKKAH and MCLEAN, Va.– 7 June, 2016– Conrad Hotels & Resorts today celebrates the opening of its first hotel in the Kingdom of Saudi Arabia – the 438-room Conrad Makkah. Set in the heart of the Holy City and overlooking the Sacred Mosque, Al Masjid al Haram, and the Holy Kaabah, the hotel is designed for today’s smart luxury traveller, combining intuitive service with ......read more

Oil & Gas Infrastructure Construction in Saudi Arabia to 2019…

This report is the result of extensive market research covering the oil and gas infrastructure construction industry in Saudi Arabia. It contains detailed historic and forecast market value data for the oil and gas infrastructure construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). “Oil ......read more

Intercoil International opens world class manufacturing facility in Saudi Arabia as hospitality ...…

Dubai, UAE, May 19, 2016:  Leading manufacturer, retailer and distributor of premium beds, bedding and bedroom furniture, Intercoil International, has opened a new manufacturing facility in Dammam to cater to Saudi Arabia’s rapidly growing hospitality sector. Boasting state of the art technology, the 4,400 m² factory will manufacture premium mattresses and a wide range of ......read more

Honeywell and Bayer Pearl provide new insulation technology to support Saudi Arabia's Montreal ...…

Spray foam insulation key to more energy efficient buildings in Saudi Arabia Riyadh, Saudi Arabia, May 18, 2016:  Honeywell (NYSE: HON) and Bayer Pearl have unveiled new spray foam insulation technology solutions that can improve energy efficiency in residential and commercial buildings in the Kingdom of Saudi Arabia.  With 1.5 million new homes needed to keep up with local ......read more

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