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Featured in Real Estate and Retail
Millennium Hotels and Resorts MEA Appoints Samy Boukhaled as Vice President of Operations for KSA region

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

IHG signs world's largest Crowne Plaza® in Makkah

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

M Hotel Makkah by Millennium honors its employees on its 2nd Anniversary

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

Breakbulk Middle East 2019 reinforces the collaboration between UAE and Saudi Arabia

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

SHUAA successfully issues and places USD135 million (SAR 506 million) Sukuk for Jabal Omar Development Company

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

Governmental Standardization Organizations Announce Support to the Big 5 Saudi as the Kingdom Strenghtens Focus on Construction Quality

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

Spirituality meets hospitality at M Hotel Makkah by Millennium

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

New Executive Chef: Fahad Bukhari Joins Burj Rafal Hotel Kempinski

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

CBRE 2019 KSA Outlook: Entertainment and Tourism Sectors to Stimulate Growth in the Kingdom's Real Estate Industry

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

Knight Frank releases the Makkah Hospitality Report 2018

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

Makkah Millennium Hotel consistently ranked one of Top Two Hotels in Makkah Province by TripAdvisor

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

Makkah Millennium Hotel and Towers celebrates UAE's 47th National Day

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

The International Council of Shopping Centers (ICSC) crowns Red Sea Mall with international awards

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

Majid Bin Abdulmohsen Alhokair Officially Opens Inaugural Edition of Index Saudi 2018

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

TRITON Attribution: Russian Government-Owned Lab Most Likely Built Custom Intrusion Tools for TRITON Attackers

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

Dar Al Arkan Seeks Accreditation from ETMAM for Three Developments in Riyadh City

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

Millennium Hotels and Resorts MEA launches ‘TooMooH' in the Kingdom of Saudi Arabia

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

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

Other Top Stories from Real Estate and Retail
 
Robinsons Honored for Outstanding Store Design…

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

84 New Hotels to Open in Saudi Arabia in 2018…

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

A Gift for Everyone on SOUQ.com's Valentine's Day Gift Shop…

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 Define Saudi Arabia Construction Climate…

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

Al- Jazeera Paints Launches Cool Roof and Flexi Guard Waterproofing Systems to Prevent Water Leak…

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

Cladtech International awarded contract to manufacture and install facades for Jeddah's 'Sail ...…

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 Customers Enjoyed Biggest Regional Online Shopping Event in Record-Setting White Friday 2017…

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

SOUQ ramps up operations ahead of White Friday Sale…

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.com to Launch Half a Million Deals for White Friday 2017…

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

Retail poised to be the first sector to recover in Riyadh's Real Estate Market…

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

Swiss-Belhotel International Continues Expansion In Saudi Arabia…

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

Saudi Investors to Keep Faith in Dubai Real Estate - Developer…

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

MENA Hotels Expands with Dubai Debut Opening MENA Plaza Albarsha Dubai…

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

Swarovski Opens a New Boutique at the Red Sea Mall, Jeddah…

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

SOUQ.com – Your one stop shop for all back to school essentials with up to 60% off…

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

Sentiment ‘boosted' in the Makkah Real Estate market during H1 2017…

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

Montblanc increases presence in Saudi Arabia with new boutique in Riyadh's Panorama Mall…

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 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

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