Merited for best Service, Family and Luxury hotel among 670 hotels in Makkah Province by Travellers on the World’s Largest Travel Site
Makkah, KSA, 13 December, 2018: Makkah Millennium Hotel, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Piazza, has been consistently ranked one of the top two hotels in Makkah province in 2018 by TripAdvisor.
Makkah Millennium Hotel was placed alternatively between Top One and Top Two best hotel among 670 Hotels in Makkah, KSA, based on thousands of positive reviews and opinions collected from TripAdvisor travellers worldwide.
Saad Khayat, General Manager, Makkah Millennium Hotel and Towers expressed his gratitude for the hotel’s recognition on the website, saying: “It is an honour to be recognized as one of the top ......read more
Stay more and pay less from 28 November till 4 December
Saudi Arabia, November 21, 2018: Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Al Sharif Piazza and King Fahd Gate, joins the United Arab Emirates’ National Day Celebrations by offering its guests an exclusive “Stay More and Pay Less” package from 28 November to 4 December, 2018.
On this occasion, guests can book any 4 nights but pay only for 3, in addition to an early check-in and late check-out. They can also enjoy 20% discount on all outlets and In Room Dining, besides High Speed Wi- Fi.
Saad Khayat, General Manager of the 1,437-room property, said: "It is with pride that we participate in this great national holiday. The hotel and towers will reflect the ......read more
And “ITA’AM” project qualifies to the RECon awards in Las Vegas
November 5, 2018: Continuing the great streak of success and achievements by maintaining the standards of excellence and innovation through campaigns that were launched throughout the year, the Red Sea Mall in Jeddah was crowned with the “ICSC Foundation” prestigious award and the RECon MENA awards at a ceremony (The Middle East and North Africa Retail and Shopping Center Awards 2018) held on October 30 at the Ritz-Carlton, Dubai International Financial Center.
The awards, organized by the International Council of Shopping Centers (ICSC) and the Middle East Council of Shopping Centers (MECSC), are designed to recognize the most successful retail and retail centers, to boost net operating income, and to design and ......read more
Leading local and international interior design companies descend upon Riyadh
Riyadh, KSA, 1 November 2018: Majid bin Abdulmohsen AlHokair, Vice Chairman of the Board of Al Hokair Group officially opened the inaugural edition of INDEX Saudi 2018, a new regional interior design show connecting more than 5,000 designers, architects, project managers and procurers.
Welcoming recognised industry brand names from around the world, AlHokair toured the exhibition halls and met company representatives who have gathered in the Kingdom for the three-day event, which finished yesterday (1 November) at the Riyadh International Convention and Exhibition Centre.
The new trade show hosts more than 100 exhibitors and is showcasing 1,000s of brands which are set to contribute to the region’s burgeoning US$3 billion ......read more
October 24, 2018:
In a previous blog post we detailed the TRITON intrusion that impacted industrial control systems (ICS) at a critical infrastructure facility. We now track this activity set as TEMP.Veles. In this blog post we provide additional information linking TEMP.Veles and their activity surrounding the TRITON intrusion to a Russian government-owned research institute.
TRITON Intrusion Demonstrates Russian Links; Likely Backed by Russian Research Institute
FireEye Intelligence assesses with high confidence that intrusion activity that led to deployment of TRITON was supported by the Central Scientific Research Institute of Chemistry and Mechanics (CNIIHM; a.k.a. ЦНИИХМ), a Russian government-owned technical research institution located in Moscow. The following factors ......read more
DAAR pursues off-plan sales license from the Ministry of Housing
Riyadh, Saudi Arabia, 21 October, 2018: Dar Al Arkan, the largest listed real estate developer in the Kingdom of Saudi Arabia, today announced that it has submitted a request to ETMAM, the Developers Services Centre at the Saudi Ministry of Housing, for the accreditation of three comprehensive development projects in Shams Ar Riyadh, totaling over 1.936 million square meters. The company also applied for the issuance of off-plan sales license for projects under construction in Shams Ar Riyadh.
The new masterplans involve three zones in the iconic Shams Ar Riyadh development, which is strategically located on King Khalid Road. The comprehensive development in Zone 1 will be built over an 849,000 square metres area. The Zone 3 ......read more
A Talent Development Programme for National Colleagues in GCC countries
Riyadh, KSA, October 20, 2018: Millennium Hotels and Resorts, Middle East and Africa, one of the fastest growing hotel management companies in the region, today launched one of its key initiatives, ‘TooMooH’, in the Kingdom of Saudi Arabia.
Translated literally as ambition, TooMooH is a talent development programme established by Millennium Hotels and Resorts, Middle East and Africa to meet its rapidly expanding talent acquisition needs across the Middle East where it aims to operate 100 hotels by the year 2020. The programme reflects the brand’s vision to have an active role in the inclusion and development of GCC nationals in the region’s burgeoning hospitality industry.
A press event was held at Copthorne ......read more
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
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
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
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
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
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, 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.
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
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
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
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.
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%.
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
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
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
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
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
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
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
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
Continuing its expansion in Saudi Arabia, Swiss-Belhotel International (SBI) has signed Swiss-Belhotel and Suites Jazan. The announcement was made by Mr Laurent A. Voivenel, Senior Vice President, Operations and Development for the Middle East, Africa and India, Swiss-Belhotel International. Featuring 210 keys, the upscale 4-star property is owned by Cardamom International Property Management LLC ......read more
ARTAR COO says the emirate’s property market has a proven reputation for delivering long-term benefits
Dubai, UAE, 13 September 2017: Saudi Arabian investors will continue to put their faith in Dubai real estate because the emirate’s property market has a proven reputation for delivering long-term benefits, a developer said at Cityscape Global today.
Okbah ......read more
Saudi-based hospitality and entertainment group Al Hokair has announced the expansion of MENA Hotels in the UAE with the opening of MENA Plaza Albarsha Dubai. The official ceremony was held last evening in the presence of Mr Majed Al Hokair, Vice Chairman of the Board of Al Hokair Group. Founded in 2008 by Al Hokair Group, MENA Hotels currently boasts a portfolio of eight projects including five ......read more
September 4, 2017: When heritage meets craftsmanship, it results in Swarovski’s unsurpassed ability to renew itself in the utmost respect of its brand DNA. Crystal cutting expert, master of light and sparkle, glamour booster, Swarovski adds its fashion signature to make every day extraordinary and permit women to express their personality through inspired accessories, from day to ......read more
20th August 2017, Dubai, U.A.E.: With soaring temperatures and busy lifestyles, SOUQ.com is enabling parents to conveniently shop all ‘Back to School’ essentials at click of a button and have the products delivered to their doorstep. Offering exciting discounts up to 60% off on ‘Back-to-School’ collection, SOUQ.com promises to be your one-stop shop for all ......read more
JLL releases its Makkah H1 marketplace report showing signs of positivity as quotas are lifted on Hajj pilgrims
Expected increase in visitors will benefit the retail sector
Makkah, Kingdom of Saudi Arabia – July 27, 2017: JLL, the world’s leading real estate investment and advisory firm, today released its H1 2017 Makkah Real Estate Market Overview report which ......read more
Boutique showcases latest collections of finely crafted lifetime accessories
18 June 2017: International luxury Maison Montblanc has announced the opening of its latest boutique in the Middle East, in Riyadh’s Panorama Mall in the Kingdom of Saudi Arabia. Managed by Montblanc’s longstanding partner, the Al Hussaini Group, the new boutique will showcase a wide ......read more
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
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
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
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
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
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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
‘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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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