As Saudi Vision 2030 boosts tourism, digital transformation can optimize costs and guest experiences, Enova says ahead of SEA Jeddah, 21-23 April Jeddah, Kingdom of Saudi Arabia, 17 April 2019: Ahead of the Saudi Entertainment and Amusement (SEA) exhibition in Jeddah from 21-23 April 2019, Enova, the Middle East’s leading energy and facilities management specialist, reaffirms the importance of integrated Energy & Facilities Management services for the Kingdom’s nearly SAR 86 billion tourism and hospitality sector. Combined smart facilities management and sustainable energy efficiency solutions are not only crucial for an optimized and comfortable visitor experience, but also guarantee utilities savings and building attractiveness in the long term. Saudi Vision 2030 is ramping up the ......read more
KSA, Makkah, 1 April 2019: Progress on major infrastructure enhancements and increased connectivity are expected to boost Makkah’s tourism capacity and create a wave of development opportunities, says leading real estate firm JLL. Makkah is undergoing major transformation under Vision 2030, with several government initiatives paving the way for the Holy City to increase its capacity to 30 million pilgrims annually by 2030. 2018 witnessed milestone progress with the megaproject Rou’a Al Haram Al Makki announcement, the inauguration of Al Haramain High Speed Railway and soft opening of the new King Abdulaziz International Airport in Jeddah. The focus on driving connectivity is a Kingdom wide focus to tap into Saudi Arabia’s potential as a global transport hub with the ......read more
Riyadh, Saudi Arabia, 26 March 2019: SHUAA Capital Saudi Arabia has announced today the launch of the Real Estate Investment Trust ‘SHUAA REIT’ (The Fund), a closed-ended publicly traded real estate investment fund, approved by the Capital Market Authority (CMA) of Saudi Arabia. The subscription period for SHUAA REIT commences today March 25, 2019 and will continue until April 7 2019 inclusive. The fund will offer 30,515,000 units to the public at a price of SAR 10 per unit, equivalent to SAR 305,150,000, which accounts for 51.5% of the REIT's total size of SAR 591,500,000. The Fund intends to acquire 6 income-generating real estate assets in four key sectors and in vital areas of the city of Riyadh. Some of the key differentiating factors of SHUAA REIT are the independency of the REIT Manager from all ......read more
Events and activities to appreciate the women in the workforce Makkah, KSA (25 March, 2019): Makkah Millennium Hotel and Towers, the luxury hotel serving the pilgrims coming to Makkah and located directly over the Holy Haram Piazza, celebrated International Women’s Day by organizing a series of events and activities to appreciate the contribution by female employees in the hotel and the hospitality industry. Marking International Women’s Day celebration on 08th March, the female employees of the hotel visited King Abdullah Medical City Specialist Hospital for women to brighten the day of the patients and inspire them to improve their health and well being while also distributing gifts to cheer them up. The hotel also honored the women in the organization by arranging a gathering at Al Andalus ......read more
Saudi Arabia, March 18, 2019: Knight Frank is pleased to announce the release of the inaugural edition of Urban Futures, a report which tackles the increasingly prominent global topic of housing affordability and discusses how cities are looking to alleviate affordability pressures. For the first issue the focus has been put on six cities which have been at the forefront of the affordability debate. A spotlight has been included on Riyadh, where we have seen affordability come to the forefront of the agenda particularly as cultural and social attitudes change at a rapid pace. In the report, 32 cities around the world were assessed and ranked based on a Global Affordability Monitor to understand the scale of the affordability challenge in each one of them. Three important elements were taken into ......read more
3D printing will revolutionize the water experience at home Bathroom and kitchen solutions complement latest trends with vast range of color finishes across all draw off points, flush plates and accessories From smart home to smart buildings: creating an intelligent ecosystem for water security and water management 13 March 2019: Consumers are fundamentally changing how they define and use their living spaces. GROHE has identified five mega trends: Consumers have risen from passive consumption to taking control over the creation of new living spaces and have become creators themselves in seeking simplicity and intelligent product solutions. Today, more than ever, product innovation and design depend on an empathetic understanding of these trends as consumers are inclined to choose integrated ......read more
The hotel has been recognized for its top-notch hospitality services at the global travel portal Booking.com The hotel received higher guest review score of 8.1 reflecting a high level of guest satisfaction in the hotel quality services Makkah, KSA (06 March 2019): M Hotel Makkah by Millennium, a 5-star hotel located in the heart of the holy city of Makkah, was recognized for its top-notch hospitality services at the global travel portal Booking.com’s Guest Review Awards 2018. The hotel received a guest review score of 8.1 reflecting a high level of guest satisfaction in the hotel quality services whilst consolidating its position as a leading luxury hotel combining modern touches with traditional hospitality to provide the warmest welcome to Makkah Al Mukarramah ......read more
The premier construction show in the Kingdom, The Big 5 Saudi, unveils record-breaking education agenda with 80 workshops across four days. Dedicated to “Educating and empowering construction professionals to achieve Saudi Vision 2030”, The Big 5 Saudi 2019 agenda is free to attend and CPD-certified. The 9th edition of the event runs from 10-13 March 2019 at the Jeddah Centre for Forums & Events. February 26, 2019 - Dubai, UAE 80 experts and opinion leaders from around the globe will gather in Jeddah from 10-13 March 2019 to take part in the record-breaking education platform for construction professionals hosted by The Big 5 Saudi 2019. The leading construction event in the Kingdom announced a 48% increase in the number of free and CPD-certified workshops on offer this year, all ......read more
Sale to run from Monday 25th to Thursday 28th of February with up to 70% off a wide range of products 25 February 2019: SOUQ is back with its biggest sale of the season, ‘Everything For You Sale’. From the 25th to the 28th of February, customers across the UAE, KSA and Egypt can enjoy up to 70% discounts on products for their lifestyle directly on www.souq.com or the SOUQ app. The fourth edition of SOUQ’s biggest sale of the season is designed to cater to every need of every customer, from fashion and beauty products, to home and gardening supplies to the latest electronics, groceries and more. SOUQ has value deals on a big selection of products that can be conveniently delivered to the customer’s doorstep. Ronaldo Mouchawar, CEO & Co-Founder, SOUQ.com, says “We are excited to bring back the ......read more
Saudi (February 12, 2019) – Millennium Hotels and Resorts, Middle East and Africa has appointed Samy Boukhaled as Vice President of Operations for the Kingdom of Saudi Arabia region. Boukhaled has more than 29 years of experience in the industry, having held several leadership roles with hotel companies such as Accor and Sofitel. He has worked in countries such as France, Bahrain, Morocco and KSA. Reporting to Kevork Deldelian, Chief Operating Officer of Millennium Hotels and Resorts MEA, Boukhaled will oversee all operational aspects of the brand’s strategic expansion in the KSA region where several properties are to open this year, adding to its already extensive portfolio across the kingdom. “We are delighted to welcome Samy to our executive team. Saudi Arabia is a key strategic focus for the ......read more
24 January 2019: IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed a management agreement with Bougary Holding Co. to develop Crowne Plaza® Makkah Beban. Scheduled to open in December 2019, the new hotel comprising 1200 rooms will be world’s largest Crowne Plaza® and will be a landmark hotel for IHG. Strategically located in close proximity to the Holy Mosque, the hotel will join the existing InterContinental® and Holiday Inn® in the city and cater to the influx of pilgrim visits expected as part of Vision 2030. IHG is the largest international hotel group in Saudi Arabia, both by number of hotels and number of rooms, and the latest signing is aligned with the company’s strategy to expand its footprint in the kingdom. Crowne ......read more
Saudi Arabia, January 20, 2019: M Hotel Makkah by Millennium, a 5-star hotel located in the heart of the holy city of Makkah, honored its employees on its 2nd anniversary, in recognition of their great efforts and contribution to upgrade the hotel to the 19th position in Makkah region, besides winning two international awards. The 2nd anniversary ceremony was attended by the hotel guests and staffs, and entertained in the presence of a number of celebrities from the Makkah’s Arts of Hijaz, including the vocalists Alaa Fida and Ahmed Fattan, and the Pakistani vocalist Asad Qureshi who performed the beautiful folk songs of Hijaz region & Islamic anthems. The ceremony was followed by another celebration in honor of the employees for their great efforts and contribution to upgrade the hotel on TripAdvisor to the 19th ......read more
The event will aid the two countries in their strategic partnership for boosting economic ties and developing opportunities for trade and growth 9th of January 2019: Breakbulk Middle East (BBME), a yearly conference gathering top industry leaders and experts from around the world, will be reiterating its goal of enhancing economic collaboration between the UAE and Saudi Arabia. The event, held under the patronage of Dr.Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman of Federal Transport Authority for Land and Maritime, will be taking place in Dubai for its fourth edition from 11th February to 12th February 2019, at the Dubai World Trade Centre. It will aim to highlight the major issues related to the industry aspiring to unite key players in breakbulk and ......read more
Kingdom of Saudi Arabia, January 8. 2019: SHUAA Capital psc (SHUAA), the UAE-based financial services group is pleased to announce the issuance and private placement of a USD135 million SAR 506 million dollar-denominated five-year Sukuk for Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate companies in Saudi Arabia as it seeks to strategically diversify its capital base. SHUAA acted as the sole arranger for the Sukuk , (The Sukuk was originally issued in the 2nd half of 2018). The Sukuk represents a fitting choice of financing for JODC, given the long-term nature of its requirements as a real estate developer and its focus on the holy city of Makkah. It also reflects a growing trend for Sukuk issuances, which raised $97.79 billion globally in 2017, up 45 per cent year on year, and particularly ......read more
Suadi Arabia, December 26, 2018: The Saudi Standards, Metrology and Quality Organization (SASO), the Saudi Building Code National Committee (SBCNC), and the GCC Standardization Organization (GSO) have signed a partnership to support The Big 5 Saudi (10-13 March 2019, Jeddah Centre for Forums & Events), organisers dmg events announce. At the event, the governmental organizations, which are committed to protect consumers and strengthen the competitiveness of the national economy, will provide crucial intelligence to local and international participants, paving the way for the future development of the Saudi construction industry. The partnerships come at a time when more than 5,200 projects are under construction in the Kingdom, and confirm The Big 5 Saudi’s role as a key platform to advance the sector and meet the ......read more
Family Suite Promotion starting from 333 SR Makkah, KSA (23 December 2018): M Hotel Makkah by Millennium, a 5-star hotel located in the heart of the holy city of Makkah, is your ultimate place to create unforgettable memories with your family. With excellent facilities combined with superior hospitality, both adult and young guests are guaranteed the sweetest escape in the city. The hotel recently unveiled its Family Suite package giving families plenty of reasons to enjoy the winter season. With rates starting from 333 Saudi Riyal, guests will stay in one of the hotel’s luxurious and spacious suites featuring the best amenities, complimentary high-speed Wi-Fi internet connection, 25% discount on food and beverages and 25% discount on laundry. The package comes with breakfast and facility for an early check in and ......read more
Riyadh,19 Dec.,2018 – Burj Rafal Hotel Kempinski is proud to announce the appointment of Chef Fahad Abdullah Saleh Bukhari as Executive Chef. Fahad Bukhari comes with 17 years of experience having worked as Head Chef at Saudi Arabian Airlines, Executive Chef at Palace of the Queens - Jeddah, and later became Banquet Chef at Jeddah Hilton Hotel. He also held the position of Chef de Cuisine for the Western Kitchen at HRH Prince Al Waleed bin Talal’s palace. For presenting the Saudi cuisine in its authenticity Chef Fahad has won several medals and awards in national and international competitions, among them the award for “Best Hygiene and Food Safety” by Saudi Airlines Catering as well as three years in a row the award at “Top Chef” for his food exhibitions. Furthermore he was a member ......read more
40% of entertainment plans to be funded by private sector. 16 entertainment complexes and three additional leisure hubs to be delivered by 2030. Tourism figures expected to reach 26 million inbound visitors by 2023. 18 December 2018: Saudi Arabia’s real estate market is expected to experience exponential growth as the Kingdom focuses on advancing its entertainment and tourism sectors – according to a new whitepaper released by leading global real estate advisor CBRE. CBRE, which began operations in Saudi Arabia earlier this year, shared its key insights on the Kingdom’s fledgling entertainment and tourism sectors as part of its whitepaper titled Entertainment in Saudi Arabia: The Game Changer. The report predicts that, fueled by public and private investments and as part of its ......read more
Saudi Arabia, December 17, 2018: This paper provides a review of the hospitality sector in Makkah and analyses how the market’s fundamentals are anticipated to change over the coming years in light of the wide-ranging initiatives, national reform programs and infrastructure projects set to be delivered in the short to medium term. “As large infrastructure projects reach completion, the traditional demand-side bottlenecks related to capacity constraints will be alleviated allowing for increased visitation and revenue inflows, which will ultimately uplift hotel values in the medium to long term.” While most hospitality markets in the GCC are driven by traditional demandsupply mechanics, Makkah – for which religious visitation makes up the majority of demand – works slightly differently, ......read more
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: Overview 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
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. ......read more
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 ......read more
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, ......read more
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 ......read more
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 ......read more
Dubai, UAE 21st March 2018: With almost 5,000 projects in the pipeline, Saudi Arabia is fast becoming one of the world’s busiest markets for construction – led by urban development and a growing transport network. A new ‘Saudi Arabia Construction Overview’ report by market analysts BNC Network – prepared ahead of Stone & Surface Saudi 2018 taking ......read more
MEPCO is recognized for its employment environment in the manufacturing sector Industry-leading Saudization with KSA nationals comprising almost half of MEPCO’s employees Jeddah, Saudi Arabia; 14 March 2018: The leading regional vertically integrated paper manufacturer, the Middle East Paper Co. (‘MEPCO’), has been recognised by Great Place to Work in the ......read more
Jeddah, Kingdom of Saudi Arabia, March 08, 2018: Panasonic Homes & Living, in collaboration with its KSA channel partner Al Manara Electric Trading, is showcasing its latest innovations for the Electrical Construction Material space at The Big 5 Saudi happening until today at the Jeddah Centre for Forums & Events. The event is being held at a crucial time when the Saudi ......read more
Riyadh, Saudi Arabia, 27 February, 2018: Dur Hospitality, the Saudi grown hospitality company, and IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, have recently announced the signing of a franchise agreement for Crowne Plaza® Riyadh Palace, under the master franchise agreement signed in 2014 for 4 hotels. Currently operating as ......read more
Saudi, – February 20, 2018: JLL, the world’s leading real estate investment and advisory firm, has signed a Memorandum of Understanding (MoU) with Jeddah International College to support growing efforts to ensure a transparent real estate market in Saudi Arabia. As part of the MoU, JLL will collaborate with key stakeholders in Jeddah International College to ......read more
The UAE’s largest department store bursts onto the top ten list of the World Retail Awards Dubai — February 14, 2018 — Robinsons, the largest department store in the UAE, has been on the finalists list for the World Retail Awards and was recognized for the 2018’s Outstanding Store Design for stores larger than 1200sqm. For the last ten years, the ......read more
Dubai, UAE 13th February 2018: Almost 60% of Saudi Arabia’s current construction pipeline of 143 hotels is forecast to open in 2018, according to a new report. The ‘Saudi Arabia Hotel Construction Overview’ report by TOPHOTELPROJECTS – compiled ahead of The Hotel Show Saudi Arabia (10-12th April 2018) – has revealed that 84 hotels comprising 27,281 rooms ......read more
Find gifts for him, her, kids and even your beloved pets effortlessly on SOUQ 8th February, 2018, Dubai, United Arab Emirates: On what’s considered as the most romantic time of the year, the love smitten couples can think of only one thing “where can I get the perfect present for the love of my life?” If you are running out of ideas and time with your busy ......read more
Expansion and redevelopment of existing structures and areas set a trend amongst the top construction projects in Saudi Arabia, as reported by the BNC Network. The Big 5 Saudi (5-8 March 2018, Jeddah Centre for forums & Events) is expected to attract 15,000 visitors and will offer 50+ CPD certified workshops. Dubai, UAE, January 31, 2018: A significant number of ......read more
Dubai, UAE, January 22, 2018: Al -Jazeera Paints, giant of high quality paints manufacturing in the Kingdom, Middle East and North Africa, has launched modern water insulation techniques, such as Al- Jazeera Cool Roof and Al- Jazeera Flexi Guard. This comes at time of increasing calls for taking all actions that contribute and help to enhance sustainability in buildings and facilities to ......read more
UAE, December 3, 2017 – Al Rajhi Building Solutions Group, announced that Cladtech International LLC (CTI), a civil engineering and construction company, awarded a contract from Al Saad General Contracting Company for the manufacture and installation of curtain wall facades for ‘Sail Tower’ megaproject in Jeddah, Kingdom of Saudi Arabia (KSA). The Tower covers the construction ......read more
SOUQ doubles number of items sold during White Friday 2017 compared to last year’s event With one million deals on offer, total number of items sold more than doubled compared to last year’s event 18 items sold per second during highest traffic time Products from over 16,000 fashion, beauty, electronics, grocery and other brands were on sale Over 70% of customers shopped ......read more
Shoppers can snap up deals on a whopping five million products that will match the lowest prices in the region SOUQ further boosts operational excellence ahead of White Friday sale to create a superior customer shopping experience Targeted investment into expansion of Fulfillment Centers to gear up for increased demand Growth in number of staff and additional pickup points to meet high ......read more
SOUQ’s biggest online sale to run an unprecedented 500,000 deals on 16,000 brands for shoppers in the GCC and Egypt from 22 to 25 November 50 times more deals on offer than last year across all categories, from electronics to furniture, fashion, toys and much more SOUQ adds massive new line up of leading labels on offer for White Friday Sale 14 November 2017, Dubai, ......read more
All real estate sectors continue to soften over Q3 2017, highlights JLL’s Q3 market overview report Retail sector sees growth in sales and increased participation by women in the workforce Riyadh, Kingdom of Saudi Arabia –30 October 2017: With retail sales continuing to increase, this could be the first sector to recover in Riyadh real estate market, highlights ......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
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