Friday, June 30, 2017

Kanoo completes subcontract work on Ain Dubai

Kanoo Energy, a member of top industrial projects supplier Kanoo Group, recently completed a subcontracting project for fall arrest systems on ‘Ain Dubai’, a project by Meraas, set to be the world’s largest observation wheel.

Renamed ‘Ain Dubai’ (previously ‘Dubai-I’), the observation wheel will offer 360-degree views of Dubai, located on Bluewaters Island, off the Jumeirah Beach Residence coastline, with dimensions far exceeding any similar existing structure. The project’s main contractor is Hyundai Engineering & Construction.

The assembled hub and spindle is approximately 40 metres long and 20 metres high and weighs 1,805 tonnes, equivalent to four A380 aircraft. The hub will later be connected to the rim through 192 spoke cables, with the structure then resembling a gigantic bicycle wheel.

The scope of work included Supply, Installation & Certification of vertical lifeline system (Lad-Saf Systems) inside the legs. The hub of the Ain Dubai consists of 4 cylindrical legs of 120 metres height, 17 vertical ladders of 30 feet inside each leg, and 14 ladders inside the spindle which is 150 metres above the ground level.

Kanoo Energy – PIP Division, having the only fall protection team certified in the Region to install such systems and trained to work at such heights successfully completed the installation & certification of all the ladders inside the legs & the spindle. The team shall also recertify the system annually.

Once completed, the Ain Dubai will feature 48 capsules and a holding capacity of up to 1,400 visitors at any given time – with a full rotation of the Ain Dubai taking 48 minutes. Ain Dubai will be the centrepiece of Bluewaters Island, which will feature retail, residential, entertainment and hospitality offerings. – TradeArabia News Service



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Thursday, June 29, 2017

Marassi Al Bahrain sets up new cable wake park

Marassi Al Bahrain, the kingdom's unique waterfront project situated in Diyar Al Muharraq, is now home to a state-of-the-art cable wake park, brought to Bahrain from Germany, where water sports fans can hone their wakeboarding, knee-boarding or water-skiing skills in a safe environment.

The cable-wake park joins Bahrain’s biggest floating waterpark, measuring 35m by 50m and featuring trampolines, pyramid slides, climbing obstacles and dive-through tunnels, said a statement from Eagle Hills Bahrain, the developers of Marassi Al Bahrain.

Located at the popular beachfront area, Marassi Beach, it will be operated by local water sports gurus from Bahrain Wake, who will be on hand to assist users at all time during their sessions.

The aquatic playground was specially ordered for Marassi Beach, and is fun for the whole family, especially in the hotter weather, said a top official.

"With these two water-based activities, plus our extended food and beverages (F&B) and children’s playground, Marassi Beach is now the best venue for a fun family day out in Bahrain," remarked Daniel Hammond, the general manager of Eagle Hills Bahrain.

The set up and equipment used in the cable wake park is one of a kind in Bahrain and has the highest standards of safety and operation.
"Experienced boarders will love the obstacles and jumps in the park, whilst beginner adrenaline-seekers will also be able to test their skills in wake or knee boarding and skiing. We will be manning the park with professional staff at all times, and lifeguards are on hand covering the whole beach and the floating water-park during beach opening hours," observed Hammond.

Marassi Al Bahrain’s two-kilometre beach, with a brand-new waterfront retail and F&B promenade, is currently open to the public with a full range of services and facilities including changing and prayer rooms and a children’s playground, operating every day from 9am to 6pm.

Marassi Al Bahrain’s Beach continues to regularly host exciting activities and events for the public and has organised many festivities including a local vendor market, art and photography exhibitions, food festivals, fitness sessions and the popular evening Sunset Sessions.

The project’s sales centre, located within the site of Diyar Al Muharraq, showcases interactive models of the mixed-use development and its residential and hospitality offerings for interested buyers.

Spanning 875,000 sqm, Marassi Al Bahrain will be constructed on the northern shores within the master planned community of Diyar Al Muharraq, forming a key luxury component of Bahrain’s largest private urban project.

Set to become one of the Kingdom’s major shopping, family entertainment and dining destinations with 180,000 sq m of gross floor area, Marassi Galleria will attract the world’s leading brands, many for the first time in Bahrain.-TradeArabia News Service



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Investors snap up Seven Tides’ luxury Dubai residences

Dubai-based luxury property developer Seven Tides has completely sold out its Dukes Dubai Sky Collection apartments, just a month after the luxury properties were launched.

The mix of 60 studio and one-bedroom properties is the final phase of hotel apartments at the Palm Jumeirah development, located on the 16th and 17th floors of the building, with penthouse views overlooking the Arabian Gulf and the stunning Dubai Marina skyline.

The attractive payment plan, which comes with a developer-backed 10 per cent guaranteed ROI over five years, saw investors pay 10 per cent on reservation and 20 per cent upon signing the sales and purchase agreement (around 30 days after reservation). A further 25 per cent will be paid in August, another 25 per cent in October and a final 20 per cent payment on completion.

Investors were made up of a mix of nationalities including Indians, Egyptians Syrians, Chinese, South Africans, Brits and Emiratis.

Abdulla bin Sulayem, CEO of Seven Tides, said: “In what is a very challenging market environment we witnessed huge interest in our Dukes Dubai Sky Collection properties. The project was extremely well received by investors who were attracted by its prominent location on the trunk of Palm Jumeirah, the quality build, striking interiors and Dukes position, offering a quintessentially ‘Best of British’ lifestyle experience.”

Dukes Dubai Sky Collection studio apartment sizes range from 309-sq-ft to 459-sq-ft, with prices starting from Dh996,000 ($271,103)to Dh1.4 million ($381,068); and one-bedroom apartments, from 576-sq-ft to 791-sq-ft, sold from Dh1.8 million ($489,945) to Dh2.5 million ($680,479).

Striking features include generously sized living rooms, while the luxury designer furnishings are complemented by thick piled carpets and the latest in technology, including state-of-the-art televisions. Bedrooms feature comfortable beds, walk-in wardrobes and en-suite bathrooms, while kitchens are fully equipped with top-of-the-range appliances.

Owners will have access to all the services, facilities and amenities at the Dukes Dubai hotel, including the Dukes Bar, the Cigar and Coffee Lounge, Afternoon Tea Lounge, West 14th Steakhouse and the signature Great British Restaurant (GBR). There is also the stunning indoor swimming pool and gymnasium, outdoor infinity pool and private beach access.

The properties will be professionally handled by the Dukes Management Team, while investors will have access to their apartment for seven days per year.

Bin Sulayem said: “This project offered a developer-backed 10 per cent guaranteed ROI for five years, allowing owners complete peace of mind knowing that their investment is in the professional hands of the Dukes Management Team.” - TradeArabia News Service



from Construction Realestate

Azizi launches two residential projects in South Dubai

Azizi Developments, a leading UAE real estate developer, said it has launched two new seven-floor projects - Azizi Berton and Azizi Pearl - at Al Furjan, one of the most rewarding fastest-growing, urban communities in south Dubai.

The developer's 18th and 19th properties in Al Furjan will both feature a high number of studio apartments.

Azizi Berton comprises 245 units that consist of 191 studios, 40 one-bedroom flats and 14 two-bedroom apartments, while Azizi Pearl will feature a total of 260 units with 192 studios, 54 one-bedroom flats and 14 two-bedroom apartments.

The residential apartments in both Berton and Pearl will feature fully-fitted kitchens, modern high-quality European finishes and a muted colour palette with earthy tones.

Both Berton and Pearl have their own distinct design and stylish interior decoration, inspired by the Art Deco movement. The residences will exemplify elegance, comfort and convenience, said the developer.

This family-oriented community is expected to be one of the best-positioned areas to offer a contemporary lifestyle, it added.

Speaking at the double launch, CEO Farhad Azizi said: "We had recently handed over five of the Al Furjan residential projects, including Yasamine, Feirouz, Orchid, Liatris and Iris."

"With the monumental response to our previous projects in Al Furjan, Berton and Pearl are expected to attract more investors over the coming weeks," stated Azizi.

According to him, the upcoming residential buildings in Al Furjan come in a diverse array of sizes with various floor plans ranging from 1000 to 2000 sq ft. The high-quality and efficiently-designed residences are due for handover by the second quarter of 2019.

“Witnessing the ongoing transformation of Al Furjan’s communities is a source of pride for our company as we always put the needs of our clients first. To that end, every stage of Berton’s and Pearl’s development receives the utmost care and expertise, guaranteeing an architecturally and spatially-beautiful experience that exceeds the expectations of our customers,” he added.-TradeArabia News Service



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Fluor seals Saudi Ma’aden project partnership deal

Fluor Corporation, a global engineering, procurement, fabrication, construction and maintenance company, said it has signed an agreement with Saudi Arabian Mining Company (Ma’aden) to support all its future projects located within and outside the kingdom.

Under the MoU, Fluor would be considered for conceptual; pre-front-end engineering and design (Feed); engineering, procurement and construction management; and programme management besides contracting services for future projects.

Fluor said it has worked with Ma’aden for almost 10 years. During that period, the US-based company had executed work in excess of $15 billion for projects including the Ma’aden Aluminum Complex and the ongoing Umm Wu’al Phosphate Project.

"Fluor’s legacy in Saudi Arabia dates back to 1947 and we have a strong partnership with Ma’aden, having delivered several of their mega-projects," remarked David Seaton, Fluor’s chairman and chief executive officer, who signed the MoU at the inaugural Saudi-US CEO Forum in Riyadh recently. . 

"This understanding would allow both parties to increase their involvement in Saudi Arabia and expand their services outside the kingdom," he stated. 

According to him, Fluor Corporation is a specialist in designing, building and maintaining capital-efficient facilities for its clients on six continents.

"We look forward to helping them advance their future projects as they continue to expand and diversify their business," added Seaton.-TradeArabia News Service



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Bahrain hotel revenues hit $8.4m during Eid break

Hotel revenues in Bahrain totaled up to BD3.2 million ($8.4 million) during the Eid Al Fitr break, with over 22,000 hotel rooms booked and the total occupancy rate of five-star hotels reaching up to 80 per cent.

“The positive results reflect the overall development of the tourism industry in the kingdom of Bahrain. We have witnessed a surge in bookings during the Eid Al Fitr holiday and look forward to welcoming travelers during the festive season,” said the chief executive officer of Bahrain Tourism and Exhibitions Authority (BTEA), HE Shaikh Khaled bin Humood Al Khalifa.

“Our main aim is to position the kingdom as a leading holiday destination and we aim to host events during festive seasons. The Eid Al Fitr holiday will also witnesses the launch of ‘Stack’ – an event held for the first time in the Middle East. The event, being held in collaboration with Lego, will take place at the Bahrain International Exhibition and Convention Center and from July 4 to 8,” he added. - TradeArabia News Service
 



from Travel Tourism Hospitality

Emirates SkyCargo receives prestigious pharma award

Emirates SkyCargo, the freight division of Emirates, has received yet another industry accolade for global excellence in transporting temperature sensitive pharmaceutical products.

The air cargo carrier was the recipient of the DHL Carrier Award for Reliability and Excellence (DHL CARE) presented at the 17th Global Life Sciences & Healthcare Conference organised by DHL in Singapore. The award was accepted by Jeffrey Van Haeften, Emirates vice president, Global Cargo Sales.

The DHL CARE awards were inaugurated in 2016 and recognise air cargo carriers whose services set the industry standard for the transport of temperature sensitive pharmaceutical and life sciences products. DHL evaluated air cargo carriers over a number of criteria including shipment quality, ground handling expertise and innovation in both the technology and process of shipping for the awards.

The award is an important recognition for Emirates SkyPharma - Emirates SkyCargo’s complete solution for transporting temperature sensitive pharmaceutical shipments.

Emirates SkyPharma encompasses three levels of innovative transport solutions that can be selected by customers based on the temperature sensitivity of the pharmaceutical product being transported, packaging solutions used and the origin and destination of the shipment. The solutions are backed by state of the art facilities - including a GDP certified pharma dedicated facility at Dubai International Airport and innovative solutions including the Emirates SkyPharma Cool Dolly and White Cover Advanced. Emirates SkyCargo also works with leading global providers of containers to offer customers a wide choice of specialised temperature controlled containers for shipping their products.

Since its launch in 2016, Emirates SkyPharma has been well received by customers across the globe and this has resulted in increasing volumes of pharmaceutical shipments across Emirates SkyCargo’s global network of over 155 destinations across six continents. One of the origin points that has witnessed the strongest growth in 2017 for Emirates SkyCargo for pharma shipments has been Singapore.

Emirates SkyPharma and Singapore

Singapore hosts a growing cluster of pharmaceutical and life sciences companies and Emirates SkyCargo has been working with a number of pharmaceutical research and manufacturing companies and associated freight forwarders in the region to offer bespoke transport solutions for their temperature-sensitive pharmaceutical products. As part of its initiatives in the region, Emirates SkyCargo organised a pharma-focused workshop for manufacturers and freight forwarders in Singapore in November last year to present the air cargo carrier’s specialised product offerings for pharma customers. As a result of collaborative efforts the volume of pharma shipments from Singapore through Emirates SkyCargo this year has witnessed a 30 per cent month on month growth and is poised for higher growth in the coming months as well.

Emirates SkyCargo continues to work with stakeholders in the global pharmaceutical and life sciences sectors to develop increasingly sophisticated solutions for the secure and timely transport of temperature sensitive pharmaceutical goods. - TradeArabia News Service



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Dubai residential property prices down 4.57pc

Residential property prices in Dubai's rental market plunged 4.57 per cent year-on-year (y-o-y) in May due to a sharp drop in both apartment and villa prices across the emirate compared to the same period last year, said a report.

The Dubai Residential Property Sales Price Index for all residential rose by 0.6 points, from 258.4 to 259, which represents an increase of 0.25 per cent in May 2017. On the other hand, prices decreased 0.43 per cent y-o-y, stated Reidin.com, a real estate information company focusing on emerging markets.

Apartment sales prices registered an increase last month with a 0.18 per cent m-o-m growth but were down 0.35 per cent y-o-y. The  villa sales prices too registered a 0.53 per cent m-o-m increase but fell 0.76 per cent y-o-y, it stated.

The Dubai Residential Property Rental Price Index for all residential decreased by 0.2 points, from 94.7 to 94.5, which represents a decrease of 0.21 per cent in May 2017.

Apartment rental prices witnessed a sharp drop in May falling 0.30 per cent m-o-m and decreasing 4.22 per cent y-o-y. Villa rental prices registered an increase in May 2017. Prices increased 0.32 per cent m-o-m but decreased 6.50 per cent y-o-y, said the Reidin report.

The Abu Dhabi Residential Property Sales Price Index for all residential increased by 0.4 points, from 96.8 to 97.2, which represents an increase of 0.41 per cent in May 2017. On the other hand, prices decreased 5.93 per cent y-o-y.

On the apartment sales prices, Reidin said the emirate registered an increase in May with a 0.40 per cent jump m-o-m. However, its decreased 5.86 per cent y-o-y. Villa sales prices too registered an increase with a 0.45 per cent m-o-m growth but decreased 6.16 per cent y-o-y.

The Abu Dhabi Residential Property Rental Price Index for all residential increased by 0.1 points, from 95.4 to 95.5, which represents an increase of 0.13 per cent in May 2017. On the other hand, prices decreased 9.56 per cent y-o-y, said the report.

Apartment rental prices registered an increase last month with a 0.28 per cent m-o-m growth but decreased 9.93 per cent y-o-y. Villa rental prices registered a decrease in May 2017. Prices decreased 0.50 per cent m-o-m and also decreased 8.11 per cent y-o-y, it added.-TradeArabia News Service



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Manchester City, Etihad team up to empower community football leaders

Manchester City Football Club (Manchester City) and Etihad Airways have joined forces to develop youth leaders around the world, who are tackling social issues in their communities, by delivering youth-led football projects.

Returning for its third year, the Cityzens Giving Young Leaders Summit welcomed more than 50 young leaders from Manchester City’s global network of community projects to City’s state of the art training facility, City Football Academy. The week-long programme saw leaders from Manchester and 11 cities in India, Africa, Southeast Asia, China, Australia and The Americas, take part in a variety of on and off-the-pitch workshops to develop and enhance their community football leadership and coaching skills.

As the official summit partner, Etihad Airways connected young people from the Emirates Foundation in Abu Dhabi with their peers by flying them over to Manchester. The young leaders are working in community football in Abu Dhabi and used this as an opportunity to develop their knowledge and skill base.

The Abu Dhabi representatives joined other leaders from projects in Beijing, Bandung (Indonesia), Mexico City, New York, Melbourne, Cape Town, Kuala Lumpur, Barranquilla (Colombia), Kolkata and São Paulo.

The delegates, aged between 16 and 30, are currently delivering community football projects addressing a range of issues affecting young people, such as gang crime, substance abuse, HIV / AIDS, obesity and creating safe spaces for children to play football.  For several delegates, this was their first experience of international travel.

Omar Berrada, chief operating officer for Manchester City FC, said: “We are extremely proud that our community footprint continues to grow and develop every year – both locally where City Football Group has Clubs in Manchester, New York City and Melbourne but also globally. This summit epitomises the power of football to change lives and we’re delighted to be working with Etihad Airways to connect the young leaders together.

“We’ve brought young leaders from different backgrounds, speaking a number of different languages and yet they all share a common goal – to make a difference through football. Using our community philosophy and years of experience, we are equipping the young leaders with the tools they need to go out and deliver life changing projects in their communities.”

Patrick Pierce, vice president, marketing partnerships at Etihad Airways, said: “Etihad Airways has a duty to contribute to communities around the world. By flying delegates into Manchester for the Cityzens Giving Young Leader Summit, we are honoured to connect young people who seek to address complex social issues in their home cities. This is another powerful example of using the medium of football to tackle a wide range of social problems and give young people a brighter future.”

The week also saw leadership master classes from Club experts, including members from City Football Group’s Leadership Team, as well as more practical sessions on event and project management, safeguarding and monitoring and evaluation.

On the final day, leaders put all their newly found knowledge and experience into practice as they organised and delivered two highly successful football festivals for 240 local school children and Manchester City fans. - TradeArabia News Service
 



from Travel Tourism Hospitality

13 new hotels open in Oman in first five months

Despite the volatile economic conditions in the region, the tourism sector in Oman is witnessing increasing mobility and demand with the opening of 13 new hotels in the first five months of the year, and 68 more in the pipeline till 2018.

According to director general of Investors Services & Quality Control, Eng. Mohammed Mahmoud Al Zadjali, the total number of rooms by the end of 2016 was 18,825 rooms distributed throughout the sultanate, through hotels, resorts, hotel apartments, tourist camps, rest houses, guest houses, heritage hotels and green hotels.
 
“The number of hotel establishments in the sultanate reached 352 hotel establishments by June 1. This comes as part of the Ministry's efforts to develop the hotel sector in the sultanate, increase the number of hotel rooms and diversify the tourism projects, and establish these facilities in the various governorates of the sultanate,” Al Zadjali added.
 
The number of hotel establishments by the end of 2016, at 339, increased by 6.6 per cent compared to the year 2015, which was at 318 hotel establishments. The number is expected to rise in 2017 to 352 hotels.
 
The Ministry has granted approvals for the establishment of 81 hotels that will supply the sector with 5,279 hotel rooms. Notable areas include 38 new hotels in Muscat, three new hotels in Dhofar, seven in North Batinah, and five in South Batinah, along with others throughout the sultanate.
 
The Ministry has also launched e-services for tourism procedures, which will exempt investors from physically visiting the Ministry in order to submit applications for the establishment of hotel projects.
 
“The time it takes for licences and grants to be approved is reduced to not more than five working days for a complete application that meets the technical conditions and standards,” Al Zadjali said.
 
“In addition, the Ministry of Tourism works in constant coordination with all competent authorities to simplify and expedite the procedures for obtaining approvals and licenses for tourism projects, in order to provide an efficient system of tourism services that meet the aspirations of the tourism sector in the Sultanate of Oman,” Al Zadjali added. - TradeArabia News Service
 



from Travel Tourism Hospitality

Irani named director of operations at Raffles Dubai

Krystel Irani has been appointed as director of operations, Raffles Dubai, an iconic property in the UAE emirate.

In her new role, Irani will oversee all the daily hotel operations at the landmark property.

Commenting on Irani’s appointment, Ayman Gharib, general manager of Raffles Dubai, said: “We are delighted for Krystel to take on the role of director of operations at Raffles Dubai. As a seasoned hotelier whose career is highlighted by progressive growth, Krystel is a proven industry leader and I am confident she will guide Raffles Dubai to new heights of success.”
 
Irani brings with her over 15 years of experience in the hospitality industry, including four years at Raffles Dubai, where she will continue to play a vital role in maintaining the property’s leading position within the city. As an iconic symbol of traditional Middle Eastern culture, ancient Egyptian history and refined Asian characteristics, Raffles Dubai offers impeccable service, subtle luxury of space and sophisticated style for today’s affluent travellers.

Having established a leading profile in the luxury hospitality industry, Irani first joined Raffles Dubai as a front office manager in 2013 and was subsequently promoted to her most recent role of director of rooms in February 2015.  In this role she was responsible for a team of 180 colleagues including Front Office, Housekeeping, Concierge, Laundry, and Butlers. Irani started her hospitality career in Paris at the Four Seasons Hotel George V in 2003, where she held several leadership roles before relocating to the dynamic Middle East region as part of the opening team for Four Seasons Hotel Beirut as well as the St. Regis Doha, before moving to Dubai 2013.

Irani holds a bachelor degree in International Hotel Management from Vatel International Hospitality School in Paris and is fluent in English, French and Arabic. - TradeArabia News Service
 



from Travel Tourism Hospitality

Wednesday, June 28, 2017

Oman picks Damac for $1bn port destination

Oman has chosen Dubai-based Damac International to develop its Port Sultan Qaboos into a $1 billion world-class, waterfront mix use destination through a joint venture with Omran, the government's investment, growth and development arm.

Mina Sultan Qaboos Waterfront is being redeveloped into an integrated tourist port and lifestyle destination that includes hotels, residences, as well as a dining, retail and leisure offering.

A Memorandum of Understanding was signed by Hussain Sajwani, chairman of Damac Properties, and Dr Ali bin Masoud Al Sunaidy, deputy chairman of the Supreme Council for Planning, Minister of Commerce & Industry and chairman of Omran, in the presence of Dr Ahmed Al Futaisi, Minister of Transport & Communications and Omran board member, as well as other members of the Omran board and key dignitaries.

"This historic agreement reflects the vision of His Majesty Sultan Qaboos bin Said to transform Oman into a world-class tourism and investment destination," said Sajwani. "As the second largest developer in the region and with a strong record of international experience, Damac is ideally positioned as the joint development partner of Omran. As part of its commitment to the project, Damac will contribute to the local road infrastructure, improving opportunities for local SMEs and Omani nationals, as well as enhancing the economic and social standing of the community as a whole."

Dr Ali Al Sunaidy said: "Mina Sultan Qaboos Waterfront is based in the 200 year-old historical centre of commerce in Muscat and is one of the most visited tourist destinations in Oman. The redevelopment of the port by Omran will build renewed interest and focus to the area, while creating a strong investment proposition for the tourism, real estate and leisure industries."

Dr Ahmed Al Futaisi added: "The transformation of the port into a thriving economic and tourist hub stems from His Majesty's vision to move commercial port activity to Port Sohar, paving the way for the redevelopment of the port into an integrated tourist hub."

Damac was chosen by Omran for its experience in developing world-class residential and leisure projects in the Gulf and internationally. Damac's extensive portfolio of luxury apartments and villas, hotels and international golf courses in its home market of the UAE, Gulf, Levant and the United Kingdom, make it the ideal partner for Port Sultan Qaboos Waterfront.  

With over 18,500 homes delivered and more than 44,000 units in various stages of development, Damac is a leading luxury developer in the Middle East.

Oman Tourism Development Company (Omran) drives investment, growth and development of the rapidly growing tourism and real-estate sectors in the Sultanate of Oman.  – TradeArabia News Service



from Construction Realestate

Imdaad secures services contract with IACAD

Imdaad, a Dubai-based facilities management firm, has signed a three-year renewable agreement with the Department of Islamic Affairs and Charitable Activities (IACAD) to provide FM services across more than 500 mosques managed by IACAD.

 The integrated FM contract, worth Dh30 million ($8.2 million) per annum, also includes over 1,200 homes associated with mosques.

Under the terms of the agreement, Imdaad will provide a comprehensive range of maintenance services covering MEP (mechanical, electrical, and plumbing) and civil systems, in addition to general cleaning, security, landscaping, waste management, tank cleaning, pest control, fire protection systems maintenance, elevators maintenance, and sound systems maintenance.

The agreement includes within its scope mosques managed by IACAD – namely Friday, Daily, and Eid Musallas.

“Dubai is known for the exceptional standards it maintains in the construction of its buildings and structures –whether it be mosques, towers or infrastructure projects. This inspires us to deliver the very best in maintenance services to ensure that the properties we take on not only retain their original identity and characteristics throughout their lifespan, but also keep up with changing times by adding newer dimensions,” said Jamal Abdullah Lootah, Group CEO of Imdaad.

“At Imdaad, we are committed to supporting the development of the UAE, and the agreement with IACAD provides us with a further opportunity to contribute toward the progress of our nation and thus maintain our religious, historic and cultural wealth which attracts visitors from all parts of the globe.”

Dr Hamad Bin Al Sheikh Ahmed Al Shaibani, director general of the Department of Islamic Affairs and Charitable Activities, said: “Imdaad is a leader in the field of facilities management with a proven track record of executing complex, integrated maintenance projects, and we are happy to take our collaboration with them to the next level with the signing of this agreement. Imdaad’s expertise will be a great asset in advancing our mission of contributing to the social and cultural development of Dubai and promoting the wellbeing of its communities.” – TradeArabia News Service



from Construction Realestate

Empower presents best practices at US summit

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, shared some of its latest best practices and innovations at a major district energy conference in the US.

International District Energy Association’s (IDEA) 108th Annual Conference & Tradeshow is being held in Scottsdale, USA, from June 26 to 29.

“District Cooling has emerged as one of the best solutions to meet energy efficiency needs in response to global warming. The UAE has made considerable progress in this field and it was a pleasure to share and exchange some of the best practices and innovations implemented by Empower with our peers at the prestigious IDEA Annual Conference &Exhibition,” said Ahmad Bin Shafar, CEO of Empower.

Bin Shafar also presented his views and opinions on the pace of change in the district cooling during Global Leaders Plenary Panel Discussion which shed light on - ‘Sustaining Our Success’. He presented a ‘look ahead’ on the industry, sharing insights on policies, business models and emerging trends related to more resilient and sustainable energy for cities, communities and campuses.

The panel discussions were focused on a variety of areas and topics, such as the panellists’ industry experiences of district energy in Canada, China, Germany/European Union, Japan, Singapore, the UAE, the UK and the US, impact of renewable energy on district energy business models and the transition, business continuity and reliability – with the support of global case studies of real time crises and environmental policies supporting district energy business, among others.

“District Cooling contributes to sustainable development through its efficiency and impact on carbon reduction. Over the years, several companies and organisations have worked together to capture a growing niche market, catering specifically for the transition to a low-carbon and green economy through the consolidation of knowledge and looking to district cooling as an enabler of efficiency and managing the energy-water nexus,” said Bin Shafar.

“With the technology witnessing advancement in the past few years, the industry has developed a sizeable footprint with several million tons of capacity in place to serve the varied cooling needs of customers. As the industry grows rapidly while dealing with the challenges of managing resources, meeting climate objectives and creating customer value, platforms as these help outline the intent, structure and current status of the technology.”

The 108th IDEA Annual Conference & Tradeshow brought together distinguished personnel from utilities sector, district cooling providers, developers, master planners, contractors, consultants and technology leaders to discuss and benchmark crucial challenges on how to seize new opportunities and make it effective for the surrounding communities. The conference presented in-depth real life case studies of ongoing and completed projects, keynote presentations, interactive panel discussions and more.

In addition, attendees at the conference also had an opportunity to interact with industry subject experts in an informal conversational setting aimed at promoting discussion, raising questions, sharing insights and continuing conversations on key topics. – TradeArabia News Service



from Construction Realestate

GFH exits $55m Promoseven real estate portfolio

GFH, a prominent financial group in the GCC region, said it has signed an agreement with Promoseven Holdings in Bahrain to exit part of its real estate portfolio with an approximate value of $55 million.

A leading business group, Promoseven Holdings has interests in real estate, public relations, advertising, hospitality, investment and leisure.

The Bahrain-based company also owns majority shares in Middle East Communication Networks based in capital Manama.

GFH said the deal comes as part of the company's strategy to exit its non-core assets.

This asset has a book value of $20 million and the deal is expected to have a positive impact on its financial results for the second quarter of 2017, it added.-TradeArabia News Service
 



from Construction Realestate

Millennium Airport Hotel Dubai targets Chinese visitors

Millennium Airport Hotel Dubai is hoping to lure more Chinese visitors this year following the recent sales mission trip made by the hotel's assistant director of sales, Azel Casianan.

Joining the 2017 Dubai China Roadshow organised by The Dubai Department of Tourism and Commerce Marketing (DTCM), Casianan visited Shanghai, Beijing, Chengdu and Guangzhou to explore the four cities and gather opportunities to extend the hotel business.
 
Elaborating on the success of the mission, Binu Varghese, director of sale and marketing, Millennium Airport Hotel Dubai, said: “China is a growing market for us and holds strong potential. This year’s roadshow was hugely successful and gave us the opportunity to meet over 300 buyers from four key cities. FIT market development was a key focus for us along with continuous promotion of group business. In addition to highlighting our various offerings to buyers through one-on-one table talk, we also enjoyed fantastic networking opportunities with local travel industry opinion leaders.”
 
Dubai is witnessing unprecedented demand from Chinese visitors, with ranking China among the top five source markets for the emirate. - TradeArabia News Service
 



from Travel Tourism Hospitality

The Diplomat Radisson Blu Bahrain welcomes new GM

Kosta Kourotsidis has been appointed as the new general manager of The Diplomat Radisson Blu Hotel in Bahrain.

A German/Greek national, Kourotsidis has gained extensive experience in the hospitality industry since starting his career 20 years ago.

Born in Germany but originally from Greece, Kourotsidis was educated at Cornell University. He is a highly dedicated leader with extensive experience in the hospitality industry.

Before joining Rezidor, Kourotsidis started his career with Copthorne and Millennium Hotel in Hanover, Germany.

Kourotsidis joined the Rezidor Hotel Group in 2000 and has been part of several hotel operations in Europe before moving to the region and opening new or managing existing properties in the Middle East and North Africa. He was a part of the Rezidor general manager fast track programme, moving around several hotels and sharing his expertise and assisting teams with opening new properties until he moved to Radisson Blu Tripoli, Libya. After that he moved to Radisson Blu Martinez Hotel Beirut, Lebanon and then to Radisson Blu Hotel Downtown Dubai, where he was most recently the general manager. - TradeArabia News Service



from Travel Tourism Hospitality

Damen prepares Columbus for summer cruise season

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion, has completed maintenance and repair works on the newest member of CMV’s fleet, the cruise ship Columbus.

The full scope of works was concluded within a tight timescale, thus ensuring that the vessel could sail to the London Cruise Terminal in Tilbury, UK in time for her naming ceremony and inaugural cruise.

Several CMV vessels – the Astor, Marco Polo and the Magellan, for example – have made calls at various Damen repair yards in the past. The sheer size of the Columbus, however, meant that DSR was the suitable yard of choice in this instance. “Not only is the Columbus 245 metres long, she also has a draught of 8.2 metres,” said DSR project manager Vincent van Rulo. “For such vessel dimensions, the facilities that we have here at DSR are ideal. We feel honoured to have been given the opportunity to work with CMV’s latest addition to the fleet.”

All-round maintenance
The Columbus arrived at the Rotterdam yard on May 13 and departed just over three weeks later on June 5. With the overall aim of bringing the vessel into line with CMV’s high operational standards, Damen carried out a comprehensive scope of maintenance and repair jobs. “After docking, we started straight away with a complete painting programme. This included the application of the company logos and markings of the new owners.”

Technical aspects included maintenance of the main engines, generators and thrusters as well as polishing of the ship’s propellers. Numerous valves and pipelines of various ship’s systems were maintained and renewed or modified if required. The work also included maintenance of all lifeboats, tenders and davits in addition to cleaning and repair of ship’s tanks.

Crew cooperation
“The key part of this contract was that we had a fixed timescale – the Columbus had to be in Tilbury for her naming ceremony and then to receive her first guests on June 11,” Van Rulo notes. “This called for anticipation and fast reaction to all issues that we came across.” Such issues were diverse in nature; ranging from organising the repair of the ship’s washing machines to the inspection and calibration of the passenger embarkation security and detection systems.

The complexity of the project was heightened due to the fact that up to 700 crew members were staying on board while the ship was docked at the yard. This substantial team of people was carrying out refitting and refurbishment of the vessel’s accommodation, shops, restaurants and recreational areas. Their work also included handling the final supplies and other preparations for the vessel’s first cruise.

“While this added to the logistical challenges of the project, we had good communication and organised everything with the ship’s crew so that we all could get the job done within the timeframe,” said Van Rulo.

Opening cruise
Since leaving Rotterdam, the Columbus is currently sailing on her first cruise under the CMV flag. “We are very pleased with this new addition to our fleet – the Columbus has been well received by her first guests and the industry as a whole,” said CMV chief executive officer Christian Verhounig. “And, once again, we are very happy with the work that Damen Shiprepair has achieved in such a short space of time.” - TradeArabia News Service
 



from Travel Tourism Hospitality

Etihad, China Southern Airlines ink codeshare deal

Etihad Airways, the national airline of the UAE, and China Southern Airlines, Asia’s largest airline, have announced a new codeshare partnership.

This increases the number of codeshare agreements operated by the Abu Dhabi-based airline to 53. 

Under the agreement, China Southern Airlines will put its 'CZ' code on Etihad Airways’ daily services between Beijing (PEK)/Shanghai (PVG)/Chengdu (CTU) and Abu Dhabi.

The codeshare partnership will give China Southern guests the opportunity to book codeshare flights to and from Abu Dhabi, and connect onto Etihad’s network of over 100 destinations worldwide.

Mohammad Al Bulooki, Etihad Airways’ Executive Vice President Commercial, said: “The codeshare partnership with China Southern Airlines is a significant milestone in the airlines’ network development strategy and a key component of its footprint in the China market. This is a further example of our strategy of working with partners to extend our reach, and provide business and leisure travellers with more options.

“China is one of the fastest growing travel markets in the world, and one of the most competitive. By partnering with China Southern Airlines, each airline can use its strengths to benefit the other and offer more choice with enhanced connectivity to all guests, while experiencing the world-class services and products offered by both airlines.

“Recent developments such as visas upon arrival will help promote the UAE and Abu Dhabi as unique business and leisure destinations. Furthermore, Etihad Airways’ innovative and award-winning products and service will meet Chinese travellers’ high expectations for greater comfort, superior service standards, more choice and convenience.”

Zhang Lin, China Southern Airlines’ senior management on international cooperation, welcomed the establishment of the new partnership with Etihad Airways’ management team. He said: “We are excited about the new partnership with Etihad Airways, which will further strengthen the global network of both airlines and provide increased benefits to all our passengers.”

“Through this partnership, China Southern Airlines will be able to extend our services globally- via Etihad Airways’ Abu Dhabi hub to the Middle East, Africa and Europe.”

Both Etihad Airways and China Southern Airlines are planning to implement a reciprocal loyalty partnership in the near future to enable the guests to earn and redeem miles on each other’s flights network-wide. - TradeArabia News Service



from Travel Tourism Hospitality

Drive to streamline checks at Emirates Terminal 3

Travellers departing from Dubai International Airport Terminal 3 can look forward to a smoother airport experience with the implementation of two new initiatives that will streamline the check-in and immigration checks at departure.

Involving biometric technology and new automated border control gates, these two projects will be launched immediately, with completion expected within the next 12 -18 months, a statement said.

These are the first projects signed off by the joint team currently reviewing all traveller touch points at Dubai International airport, with the aim of enhancing the overall customer experience. This unique collaborative approach involving Emirates airline, Dubai Customs, Dubai General Directorate of Residency and Foreigners Affairs (GDRFA), Dubai Police and Dubai Airports, was launched in May and has quickly borne fruit.  The two new initiatives announced will help expedite the processing of travellers, and facilitate a smoother traveller flow through various check-points at the airport.

Biometric technology: Using a facial recognition solution integrated with the UAE Wallet, travellers will be able to register and store their biometric data through multiple means including by taking a selfie on their mobile phones, as well as using biometric registration kiosks placed at check-in areas and Emirates Lounges. They can then utilise this biometric data to ease their journey through immigration at T3 Departures, and later, other touch-points throughout DXB airport, including automated access to Emirates’ First and Business Class lounges.

One Gate: new generation smart immigration gates will be installed at T3 Departures, supplementing the existing e-gates, and manned immigration counters.  These new smart gates offer an automated border control system that utilises travellers’ biometrics. It will also enable travellers to forgo the additional step of getting their passports and boarding passes manually checked by a security officer before they go through immigration, as these checks will be automatically integrated within the biometric validation as travellers pass through the new smart gates.

Major General Mohammed Ahmed Almarri, Dubai General Directorate of Residency and Foreigners Affairs (GDFRA) said: “In line with the government’s vision to be a world leader in providing public services, we have been evaluating the use of biometrics to enhance traveller flow through immigration. We are pleased to roll-out these new initiatives at Terminal 3 Departures in collaboration with Emirates and our airport stakeholders. We believe this will make our operations more efficient, free up our valuable manpower to focus on other responsibilities, and ultimately improve traveller experience.”

Adel Al Redha, Emirates executive vice president and chief operations officer said: “We are fortunate to have a very supportive and progressive airport stakeholder group. Even if it means investing in equipment, training and changing operational processes, all partners are keen to embrace new technologies and thinking, if it benefits the end-users.

"We are all on the same page when it comes to wanting to deliver the best experience for visitors coming to and through Dubai. We look forward to bringing these projects to fruition and introducing more enhancements in the coming months. The teams are enthusiastic and excited to expedite these initiatives at our hub.” – TradeArabia News Service



from Travel Tourism Hospitality

Dewa awards $68.5m contract for water pipeline project

Dubai Electricity and Water Authority (Dewa) has awarded a contract to supply, extend and commission 40km of water pipelines, at a total cost of Dh248 million ($68.5 million).

“This supports our ambitious strategy and plans to meet the needs of the comprehensive development of electricity and water for the Dubai Plan 2021, and meets the highest standards of availability, reliability and efficiency, to meet customer demand. We to working to increase production and improve operational efficiencies, and increase the flow of water in several parts of Dubai, and as a contingency against any emergencies. This contributes to the advancement of sustainable development,” said Saeed Mohammed Al Tayer, MD & CEO of Dewa.

“The project includes the extension of 600-1,200 millimetre (diameter) extension of GRE (Glass-Reinforced Epoxy) main water pipes of up to 40 km along Al Qudra Street and the Dubai to Al Ain highway, to increase water-flow capacity and provide water, where needed, to development projects in these areas.

“In addition, there will be a pipeline along Emirates Road to increase the water-flow capacity of Khawaneej 2 and additional pipelines in other parts of Dubai to increase water flow in emergencies. The project also includes remote control and monitoring systems, which allow the continuous control of the main water transport network effectively, through remote-controlled valves in the control centre, which contribute to the isolation of faults in the shortest possible time, thereby reducing  water losses in the network,” noted Al Tayer.

“The project includes several sites for connecting main transmission pipelines, to increase water flow, ensure the continuity of water access, and raise pressure in the network to keep pace with the increasing demand for water in those areas, according to planning approvals. The time required to implement the project, according to the planned programme, is 30 months,” Al Tayer concluded. – TradeArabia News Service



from Construction Realestate

Tuesday, June 27, 2017

Balfour Beatty sees human-free construction site by 2050

Balfour Beatty, a major international infrastructure group, is foreseeing a human free construction site in its paper “Innovation 2050: A Digital Future for the Infrastructure Industry” published recently.

The construction site of 2050 will be in stark contrast to what we see today with work moved off-site and remote control of machinery and new materials and techniques exploited to improve cost, safety and efficiency, it stated in the report.

While Balfour Beatty’s prediction for a human-free construction site may seem far-fetched, technology has already revolutionised contemporary life to such an extent that it’s not so hard to imagine radical changes for construction not least the emergence of new roles and the requirement and evolution of new skills to support delivery of the future pipeline of construction projects.

In its latest paper Balfour Beatty sets out to examine the pace and rate of change within the industry, with digital technology the catalyst and driver to such change; change that is already happening and is inevitable.

Exploring how business strategies will change, productivity levels will improve, and required skills will evolve, the paper presents how technology will:

•Help to bridge the skills gap by creating jobs, roles and industries that don’t yet exist and attracting younger generations to our industry, ultimately leading to a more agile workforce with new skills

•Benefit all stakeholders through increased productivity, improved efficiency and increased value and quality while helping to bridge the skills gap and up-skill our workforce

•Enable us to deliver projects for the public more efficiently and effectively through the use of such technology as Building Information Modelling, augmented and virtual reality, cloud data storage, telematics, drones and data analytics

Group CEO Leo Quinn said: "We are experiencing a digital revolution, redefining how we as an industry operate; becoming faster, better and more agile. By adopting and embracing the rise of digital solutions we are more able to deliver efficient, effective and safer solutions to our clients and customers."

"These changes will mean we have to ensure our industry trains our current and future employees with the skills to exploit the use of new technology, new materials and new methods of working," noted Quinn.

“Balfour Beatty has made significant progress in its vision to become a truly digitally empowered business, developing our internal capabilities, collaborating across our supply chain and partnering with the best technologically creative minds enabling us to be bold in the adoption of new and emerging technologies,” he added.-TradeArabia News Service



from Construction Realestate

Boeing inks deals worth $74.8bn at Paris Air Show

Boeing strengthened its market position incremental orders and commitments during the Paris Air Show week with a total of 571 Boeing airplanes, valued at $74.8 billion at list prices.

The company launched the 737 MAX 10, the newest member of the 737 MAX family, with more than 361 orders and commitments from 16 customers worldwide. This wide market acceptance endorsed the 737 MAX 10 as the industry's most efficient and profitable single-aisle airplane.

Boeing Global Services announced multi-year services agreements valued at up to $6 billion during the show. The announcements included:

Commercial Services: UPS ordered three 767 Boeing Converted Freighters; Monarch selected Boeing's Global Fleet Care (formerly GoldCare) and flight training services for its entire 737 MAX fleet; and Norwegian selected Boeing to provide all its flight training requirements across its Boeing fleet.
Government Services: Rolls-Royce reached a parts and sales distribution agreement with Aviall for support of its global fleet of AE defense engines; the Indian Navy chose Boeing to support its fleet of P-8I maritime patrol aircraft; and the U.S. Defense Logistics Agency signed a contract with Boeing to support its F-15 fleet.

Boeing also announced the launch of Boeing AnalytX, which has brought together more than 800 analytics experts from across the company focused on transforming data into actionable insights and customer solutions. Five customer agreements were announced to provide solutions powered by Boeing AnalytX.

The Boeing 737 MAX 9 starred in the daily flying display while the 787-10 Dreamliner, P-8A, V-22, AH-64 Apache and CH-47 Chinook were featured in the static display. - TradeArabia News Service



from Travel Tourism Hospitality

Dutch firm launches property project on blockchain

Amsterdam-based Primalbase, a top real estate company, has launched the first ever shared coworking spaces for the tech community leveraging Waves’ technology with a token that gives lifelong access to office facilities.

Using Blockchain’s features, these tokens can also be traded or leased to other users. Lifetime access is guaranteed through purchase of a single Primalbase token that will be offered during the Initial Coin Offering (ICO) set to begin on June 26.

The shared workspace rent in tech hubs is usually costly, but Primalbase aims to change this by building a digital analogue for community membership mechanisms and turning membership into investment. Primalbase token (PBT) holders will be able access any of Primalbase’s facilities and book a coworking space (with 1 PBT) or a shared office (with 4 PBT) by using a mobile app.

In addition, they can lease their tokens (or fractions of tokens) to other users based on peer-to-peer agreement. It is also possible to trade PBT on major cryptocurrency exchanges and sell it at any point.

“Real Estate is a conservative and a traditional industry, and thus it is ready for disruption. Blockchain needs real use-cases based that are not just based on speculation. With previous coworking space experience, we turned what used to be a cost into an investment, showing the power of applying blockchain to new industries,” said Dmitry Faller, CEO at Primalbase.

Primalbase is built on the Waves and Ethereum platforms. The total number of free-to-use tokens is 1000 PBT. A total of 250 tokens are reserved for management remuneration and social activities within the tech community to accelerate growth. After the ICO, no new tokens will be created. Full token holders will be able to vote on new Primalbase locations and be a part of the ever growing Blockchain-inspired community. Future locations include Amsterdam, Berlin, London, New York, and Singapore.

“Primalbase is a real estate company, while it is also a Blockchain community. It offers a rather unique product - on the one hand, it is access to office space, on the other hand, it is a financial instrument, which can be traded on the market. There hasn’t been anything like this before,” said Sasha Ivanov, founder and CEO of Waves, an open blockchain platform. – TradeArabia News Service



from Construction Realestate

Paris Air Show sees orders rise despite fewer visitor numbers

This year's Paris Air Show saw fewer visitor numbers - a result of the tight security in the wake of several terror attacks - but still proved a 'good vintage', as orders rose to $150 billion from $130 billion two years ago, said a report.

Boeing and Airbus took the lion's share of orders with a total of $114 billion - $74.8 billion and $39.7 billion respectively, said a report in Menafn.com.

Boeing outperformed its rival Airbus with it new 737 MAX 10 airliner, taking in a total of 571 orders and commitments. However, Airbus won a big order from Iran's Zagros Airlines for 20 planes of the A320neo family and eight of the A330neo type, the report said.

D'Arcimoles said strong orders apart, this year's edition saw other positives, such as the third edition of an employment fair showcasing opportunities in the aeronautical sector which he said attracted "more than 60,000 people, essentially young people".

In addition, Paris Air Lab, a new forum dedicated to research, brought in 50,000 visitors and allowed a number of start-up firms to book their first orders, he added.

The show received 140,000 professional visitors, a 6 per cent drop from two years ago.  

Non-professional visitors to the event were also in for a treat with programmes showing off some 30 rafale and Mirage combat planes, military helicopters and business and commercial jets and a spectacular performance by the French Patrol demonstration squadron.



from Travel Tourism Hospitality

Saudi Arabia approves new designs for 100,000 homes

Engineering designs for 100,000 housing units that will cater to Saudi Arabia's middle-income earners have been approved the Saudi Ministry of Housing, said a report.

The projects, designed by Egyptian property developer Al-Ahly for Real Estate Development, will be located in Dammam and Al-Kharj, said a report in Amwal Al Ghad.

The development company was only tasked with conducting the engineering designs and will not execute construction works or attain new residential projects in Saudi Arabia within this year, the report said.

The 100,000 units, which will also include small villas, are expected to be completed by 2020.



from Construction Realestate

Madinah hotel room prices skyrocket during Eid

Hotel room prices in Madinah, Saudi Arabia have skyrocketed with thousands of visitors from across the kingdom travelling to the holy city for the Eid Al-Fitr holidays, said a report.

The prices of accommodation in Madinah vary depending on the season and location but it reaches the peak level post Eid, said a report in Saudi Gazette.

Many low-income visitors have been finding it difficult to find accommodation during the holiday season, primarily because of an acute shortage of accommodation in the economy range.

The demolition of hundreds of buildings in the central area near the Prophet’s Mosque as part of the mosque expansion project has created the shortage. Coupled with a huge spike in issuance of Umrah visas and an influx of visitors from other cities taking advantage of the school summer vacation, the shortage has led to an unprecedented increase in room rents in the holy city, the report said.

“The price hike during Eid holidays – the peak business season – is normal every year, but this time the prices are skyrocketing,” the report cited Khalid Hussain Madani, who operates a regular transport service to Madinah, as saying.

Many people are ready to pay the high price, yet it is not easy to find accommodation in Madinah, according to him.

The rental hike also applies to star hotels in the city.

Khalid Hussain Al-Shahrani, director of Saudi Commission for Tourism and National Heritage (SCTH) in Madinah said anyone with grievances regarding their accommodation could call the commission’s toll free number 19988. “We have been carrying out regular inspections on different accommodation facilities especially in the central Madinah region to ensure a comfortable stay for pilgrims,” he said.



from Travel Tourism Hospitality

Pre-sale open for Aston Martin Residences

Buyers interested in the unique waterfront real estate project by Aston Martin and property developer G and G Business Developments can visit the new sales centre for a first-hand experience of the British luxury brand.

A striking 66-floor luxury residential tower, the Aston Martin Residences at 300 Biscayne Boulevard Way will break ground in Autumn 2017 and will feature approximately 391 condominiums offering incredible panoramic views of Biscayne Bay and the Miami area.

The luxury development is scheduled to open in 2021 and will feature seven penthouses and a duplex penthouse - all of which will enjoy private pools and spacious terraces, alongside a range of one to four bedroom condominiums.

Aston Martin’s design team, led by executive vice president and chief creative officer, Marek Reichman, designed the interior spaces including the two private lobbies, the two-level fitness centre with ocean views and the full-service spa amongst other shared spaces in the development. These beautiful spaces will be encased in a bold sail-shaped building, an engineering master-piece designed by Revuelta Architecture and Bodas Miani Anger, renowned for creating landmark properties that are aesthetically pleasing and yet grounded in performance and purpose.

Visitors to the new sales centre will experience the British luxury brand’s signature understated elegance, clean lines and the authenticity and quality of the materials planned for use throughout the development. Design elements, such as the unique carbon fibre welcome desks, will adorn each lobby. Highlight features will include doors with bespoke artisan Aston Martin handles, number plinths and leather door tabs. Shared areas will feature key design cues, including a stunning infinity pool located on the 55th floor. Residents of the new development will also be able to enjoy direct access to the turquoise waters of Miami via an exclusive yacht marina.

Completing the sales centre is an Aston Martin Vulcan, one of only 24 examples of the brand’s 820bhp, all-carbon fibre supercar that delivers truly extreme performance. This Vulcan is resplendent in white, a piece of automotive art, inspired by Miami and personally specified by Marek Reichman to reflect the tropical surroundings.

Reichman said: “In this, our first residential development, the interiors are inspired by Aston Martin, but take into consideration Miami’s tropical environment. Our design language is based on beauty and the honesty and authenticity of materials. It’s simple and pure and it has an elegance attached to beautiful proportions. We are incorporating Aston Martin’s DNA through subtle details and fine craftsmanship, with an emphasis on comfort. This building is for people who appreciate the finest quality and craftsmanship, who love the feeling of something that is timeless.”
 
German Coto, CEO of G and G Business Developments said: “We have been overwhelmed by the positive response from the market – pre-sales are extremely encouraging and I’m delighted that we are on schedule both in terms of the development and pre-sales. In Aston Martin, we found the perfect partner – one that resonates globally and is the definition of timeless luxury. Together with the Aston Martin design team, we are creating the ultimate tower that will contribute to redefine the new Miami skyline and support to the local economy and the wider community.”

The residences and penthouses, which range from 700 to 19,000 square feet, will be priced from $600,000 to upwards of $50 million. - TradeArabia News Service
 



from Construction Realestate

Monday, June 26, 2017

Modhesh World welcomes first visitors on Eid

Modhesh World - one of the most popular indoor edutainment destinations in the region – opened its doors to an action-packed day as families from across the globe thronged to the amusement facility in Dubai, UAE to celebrate Eid Al Fitr.

 The new season of Modhesh World saw children enjoy an array of exciting mix of adventurous rides, arcade and redemption games, live performances from their favourite characters, a newly-introduced Food Park and a plethora of other attractions that had them spoilt for choice. All activities in the new season are arranged in four zones, ensuring that each part of the expansive park exudes a distinct flavour of fun and entertainment:

•    Road to Future - Taking visitors ahead of time through Virtual Reality (VR), workshops and other thrills.

•    Show Town – An entertainment hub bringing some of the best international and local performances along with the iconic smiling mascot ‘Modhesh’ meeting, greeting and entertaining his guests.

•    Back to Nature - Getting a feel of the outdoors and indoors through exciting activities.

•    Amusement Street – Giving visitors a feel of thrilling experiences to explore their inner child.

Fun and games during the joyous of occasion of Eid are a precursor to more exciting activities lined up for Modhesh World in the upcoming days, and one of them is the visit of multi-talented Arab sensation Tamer Hosny.

 The Egyptian singer, actor, composer, director and songwriter will grace the expansive indoor amusement park located at the World Trade Center on 29th June, where he is scheduled to engage with fans that tend to cut across age groups and nationalities in the Middle East, Africa and the wider Arab world. The visit will also provide an opportunity to speak about his new film “Tisbah Ala Khair”.

A romantic-comedy film, “Tisbah Ala Khair” features Tamer Hosny as a millionaire businessman who travels through time and endures a roller coaster journey of love and confusion.

Suhaila Saqer Obaid Ghubash, director, Festivals and Events, Dubai Festivals and Retail Establishment (DFRE), said: “The turnout and response on the occasion of Eid Al Fitr has been phenomenal, and now, we can barely contain our excitement to welcome Tamer Hosny at Modhesh World. This will be an exciting opportunity for families, children and the media to meet with the superstar up and close. Since 2001, Tamer Hosny’s meteoric rise in the region’s music and entertainment industry has been an inspiration to many, and we are delighted that Dubai and Modhesh World play ideal hosts that mirror his enthusiasm, creativity and innovative thought.”

She added: “Tamer Hosny’s visit also reflects the journey of Modhesh World. In a span of 18 years, this entertainment property has evolved into a complete entertainment hub that focusses on fun for children but also engages with other members of the family. It is a place where games, entertainment and education intersect, and with this high-profile celebrity visit, it will also be celebrated as a place where you can mingle with your silver-screen heroes and role models.”

Tamer Hosny’s popularity plays out in the world of social media too, as he boasts over two million followers on Instagram, over 18 million fans on the official Facebook page and numerous fan-run pages across social media channels. He is scheduled to visit Modhesh World on June 29.

Modhesh World opens its doors from 10:00 am to 10:00 pm from Saturday to Wednesday, 10:00 am till midnight on Thursday and 12:00 pm to 1:00 am on Fridays. During Eid festivities, doors open from 10:00 am all the way till midnight. – TradeArabia News Service



from Travel Tourism Hospitality

Six Senses Laamu partners with Tropicsurf

Maldives-based Six Senses Laamu, a luxury resort,  said it aims to build on its already thriving surf culture by partnering with Tropicsurf, a leading Australian surf company.

Tropicsurf has been operating internationally for over 30 years and has built a roster of 50 specialist coaches stationed in nine different countries.

It is positioned as a leader of high-end surfing. Regardless of age, experience or competency, the company asserts that everybody can enjoy surfing's ultimate thrills in safety, comfort and style.

Both Tropicsurf and Six Senses Laamu share a common vision: reconnecting people with themselves, others and the world around them and at the same time delivering out of the ordinary guest experiences.

Tropicsurf locations are chosen because they offer appealing activities that the whole family can enjoy, said a statement from the company.  

With professional guides based on properties around the world, year round, it is assured there's an expert upon arrival dedicated to delivering surfing triumphs, it added.

In keeping with Six Senses widely recognised commitment to sustainability and obligation to the environment, Tropicsurf will extend its collaboration with Firewire surfboards and exclusively supply eco-friendly Timbertek boards to guests, said a statement.

Firewire remains the only global surfboard production to carry the Sustainable Surf Ecoboard certification and is headed up by 11-time world champion surfer Kelly Slater.

Marteyne van Well, general manager of Six Senses Laamu, said: "A partnership with Tropicsurf feels like a natural progression for a resort already preferred by an enthusiastic faction of annual surfers."

"Those in the know have been surfing with us for years. Not just the pros, but families and first timers who have come to enjoy our privacy, nature and connect with the ocean. You can't come to the Maldives and not try surfing," she said.

"Partnering with Tropicsurf will enable us to extend our current programme and offer more bespoke experiences commensurate with each guest's ability and surfing appetite," she added.

Mark Winson, general manager, Tropicsurf, said: "Our company has a long and proud association with the Maldives, having been guiding surfers through Laamu and to Yin Yang since 1988."

"Without a doubt the area is a surfer's paradise. There are so many waves to choose from.  Add to that the seclusion of Six Senses Laamu as the only resort on the atoll, plus expert guiding, and you have a quintessential Maldives surfing experience in the making," he added.-TradeArabia News Service



from Travel Tourism Hospitality

Work on key sewerage in Bahrain on track

Bahrain’s Ministry of Works, Municipalities Affairs & Urban Planning has announced that the Ministry has achieved 46 per cent progress on the sewerage network in A’Ali, Block 748.

According to Nazha Abu Hindi, director of the Sanitary Engineering Planning & Projects, the project comprises of extending 645-metre long main connections, 535-metre long sub-connections, constructing 71 inspection chambers and connecting 60 houses to the network in Block 748.

So far, 600 metre long main and sub-connections have been extended, and 19 inspection chambers have been constructed, in addition to connecting two houses to the network.

The BD153,371 ($395,300) project was earlier awarded to Tylos Excavations Company.  – TradeArabia News Service



from Construction Realestate

Sunday, June 25, 2017

3D replica of Palmyra Arch draws 2m visitors in 2 days

Two million spectators visited the 3D replica of Syria’s historic Palmyra Arch of Triumph in just two days as it made its fourth stop in the Italian city of Arona, Sicily, on the sidelines of the G7 summit.

The replica is set to remain on display until July

Mayor of Florence Dario Nardella and Italian Culture Minister Dario Franceschini unveiled the arch on Arona’s Piazza della Signori, where it is making its fourth stop following showcases in London, New York, and Dubai. The unveiling ceremony was attended by Omar and Walid Al Asaad, the two sons of prominent Syrian archeologist Khaled Al Asaad who was executed by Daesh in Palmyra’s archaeological site in August 2015.

 “Considering our own rich heritage and its importance to us, Italy plays a leading global role in issues pertaining to culture,” said Franceschini. “We are looking to translate this strength into action by promoting the concept of cultural diplomacy around the world, and raising awareness around heritage preservation.”

 The unveiling ceremony also saw Singer Matilde Mirotti perform “Damasco” (Damascus), an ode to the Syrian capital, accompanied by tenor Giorgio Casciarri and soprano Sara Cervasio and directed by maestro Paolo Beretta.

 The replica – created by the Dubai Future Foundation (DFF) in a joint effort with the Oxford University’s Institute of Digital Archaeology (IDA) and Harvard University – is expected to attract thousands more visitors in the coming two months. It was built using 3D technology and original images of the monument. The process took place in Italy and used Egyptian marble. The replica weighs approximately 11 tons and stands almost 20 feet (6 meters) tall – this is roughly two-thirds the size of the original monument.

 “The Dubai Future Foundation was committed to playing its part in recreating the Palmyra Arch of Triumph to underline the potential of future technologies – such as 3D printing – to preserve nations’ history and heritage, all the while catalyzing their development,” noted His Excellency Abdulla bin Touq, DFF’s Acting CEO, adding that unveiling the arch at the G7 Summit highlights the UAE’s (and DFF’s) leading role in preserving ancient heritage around the world so that it “continues to bear witness to human history, while inspiring innovators and experts to come up with bold solutions for proactively planning for the future.”

 The project falls under the partnership between the United Arab Emirates, UNESCO, and the Oxford Institute of Digital Archaeology (IDA). It seeks to document archaeological and historic locations around the world using 3D photography to capture their specifications and dimensions. The data can then be used to recreate these structures and artefacts using 3D printing technology should they face the threat of sabotage or vandalism.

 To that end, an electronic portal was launched to collect one million 3D images of archaeological sites at risk of destruction and sabotage to be documented. The portal has published more than half a million images so far, and distributed 5,000 digital cameras with 3D features to the initiative’s partners and volunteers, with the support of the Dubai Future Foundation.

 The project’s website has attracted a wide audience; statistics from UNESCO reveal it was visited by more than 30,000 people, while 50,000 watched the video of the UNESCO/IDA panel discussion online. Meanwhile the hashtag registered 250,000 mentions on Facebook and Twitter in a short amount of time. – TradeArabia News Service



from Travel Tourism Hospitality

Nikki Beach Resort & Spa Dubai offers Eid specials

Dubai’s Nikki Beach Resort & Spa is set to welcome guests for the Eid Al Fitr celebrations, offering an extravaganza of dining options, signature Nikki Beach entertainment, trendy vibes, and a line-up of Nikki Beach Dubai resident DJs playing the very best dance beats.

The contemporary beachfront resort located on Pearl Jumeirah invites everyone to embrace the Nikki Beach philosophy and join in the “Celebration of Life”.

Resort general manager Alexander Schneider said, “We take this opportunity to wish our guests a wonderful Eid al Fitr. At Nikki Beach, we are Celebrating Life in a simple but very rewarding way and we think the brand ethos blends well with the UAE local values. Eating, dancing and spending time with family and friends are staples in any celebration. We embrace that and more.”

The property with its pristine beach, unparalleled views of the Arabian Gulf and its mix of different room categories, 45 per cent of which are suites and villas aims to create memorable experiences for its guests this Eid. From offering a relaxing atmosphere near the beach at the Floridian Key West bar and grill, with unpretentious fine food and genuine service, to the infamous Pour Elle Ladies Day on Tuesday, June 27  at the Beach Club, the visitors have the freedom to feel at home and feel themselves.

Schneider added, “At Nikki Beach Resort & Spa Dubai we curate spaces. We are delighted to have created a social environment where our guests can choose to mingle or withdraw themselves for a personal time of relaxation.”

The beach club runs along the breathtaking shores of the Arabian Gulf facing the white-sandy beachfront. By day, guests can lounge poolside and enjoy the extensive menu of dishes featuring signature tastes and spices representative of all the Nikki Beach locations around the world, with local influences. At sunset, Soul Lounge becomes the heartbeat of the resort, where guest can enjoy relaxed chill-out tunes and creative bites. – TradeArabia News Service



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Bahrain Ministry of Works opens key road

Bahrain’s Ministry of Works has opened the new Saar Southern Entrance road from Sheikh Isa bin Salman Highway has opened.

The project, opened by Minister of Works, Municipalities Affairs and Urban Planning Essam bin Abdulla Khalaf, comprises a new lane on Avenue 27 along with ramps entering and exiting Sheikh Isa bin Salman Highway, is expected to increase capacity by 40 per cent as well as easing access to nearby residential areas and shopping malls.

“The Saar Southern Entrance project is one part of a larger $1.2 Billion masterplan designed to ease traffic congestions along 11 locations. The new access road will improve the flow of traffic for vehicles entering Saar, thus eliminating the queue of vehicles reaching Sheikh Isa bin Salman Highway. By increasing the road’s capacity by 40 per cent, we are confident the project will significantly improve the local road network for vehicle users,” said Khalaf.

Khalaf confirmed that the Ministry submitted a series of projects for review by the Executive Committee, which has subsequently approved 11 urgent projects.

The Saar Southern Entrance road is one of several projects financed by the GCC Development Programme, to be implemented within three to five years. The comprehensive planning process has been implemented to ensure the Kingdom’s strategic road network is able to accommodate increased urban expansion.

 The Ministry of Works seeks to expand Bahrain’s road networks in-line with international standards, to further enhance Bahrain’s investment environment.  – TradeArabia News Service



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Dubai real estate transactions up 25pc in Q1

The Dubai property sector has witnessed solid growth in the first quarter with about 25 per cent increase in overall transactional activity in the real estate sector during the period, said Sultan Butti Bin Mejren, the director general of the Dubai Land Department (DLD).

He was speaking at the first Ramadan Real Estate Majlis hosted by International Property Show (IPS), a major property sales platform in the Middle East, where major developers from across the UAE came for an exclusive Suhoor Networking Night.

The event took place in Armani Hotel, Downtown Dubai and was organised in collaboration with DLD under the theme: “Upgrading Real Estate Sector & Investment Promotion.”

Emphasising Dubai’s position as a safe haven for investors, Bin Mejren said: "We continue our efforts to spur development by providing a sustainable real estate environment that will attract investor confidence in the market."

Dawood Al Shezawi, the chief executive of IPS, said: "This gathering opens doors for a meeting of minds, and is a way to enhance the relationship of government and private sector to improve the real estate market. It is beneficial to deliberate on issues that affect the property market in order to have a better understanding of challenges at hand and come up with probable solutions."

An open dialogue facilitated by Dr Hiba Jaber, consultant at Dubai Real Estate Institute (DREI), offered the gathering an opportunity to network and discuss several issues affecting the real estate sector.

These include lower oil prices, a strong dollar-pegged local currency, banks policies on money transfers, reconsidering the mortgage cap set by the UAE Central Bank, possible effects of VAT in 2018, balancing supply and demand, incentives to investors, and affordability of housing for end-users.

Ahmad Thani Al Matrooshi, Emaar Properties' managing director, emphasised the importance of working together in order to upgrade the real estate sector.

“We have a strong appeal to international investors.  As developers, we can do the marketing but we need the continuous support of DLD and banks in completing transactions getting the money abroad,” he stated.

On controlling supply and demand in an effort to improve the market, Masood Al Awar, the chief commercial officer at Dubai Properties, said: "About 80 per cent of the demand will come from the international market. However, as of today, not even 50 per cent come from it which means that we still have a huge market to conquer and investors to attract moving towards 2020."

"So I think all developers will have enough demand for the supply they will put into the market," he added.

“Indeed, it is important to have coordination between different stakeholders to control oversupply. We all have to work together hand in hand, in order to make sure that this market stays in good condition,” added Essam Hasan Saleh, Jumeirah Golf Estates' executive director for business development and property management.

Marwan Bin Ghalaita, the CEO of the Real Estate Regulatory Authority (RERA) said: “With the rapid growth of Dubai as a global commercial hub and tourism destination, increasing population, more job opportunities, continuous interest of foreign investors, oversupply is not a problem because demand is there and is continuously growing.”

The participants in the Majlis reached the consensus that different stakeholders must come together to motivate and upgrade the real estate sector.

There were suggestions for developers to adapt more to market needs by extending payment plans and providing more affordable housing, as well as for government to provide more incentives to investors both locally and internationally, banks to ease up their policies, and investment promotion authorities to help attract international investment in the real estate sector.

Furthermore, Bin Ghalaita assured the gathering that the real estate market in Dubai was in a healthy position and ideal for real estate investments.

“DLD has put regulations in place, facilitates ease in transactions and accommodates all kinds of investments, so we are doing our part and so must everyone else,” he noted.

Bin Mejren said the forum was a good platform for knowledge-sharing, exchange of views and in-depth discussion on concerns facing real estate developers, sellers, and buyers.

"We hope that this is the first of several events to be held regularly to facilitate more understanding and cooperation among the real estate community in order to upgrade the property sector and attract investors and developers in Dubai," he added.-TradeArabia News Service



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Saturday, June 24, 2017

Viceroy Palm Jumeirah wins favourable DIFC ruling

Dubai International Financial Centre Courts (DIFC Courts) has issued a court order prohibiting the owner of the Viceroy Palm Jumeirah Dubai hotel from taking any further actions to prevent Viceroy Hotels and Resorts from exercising its exclusive authority to manage and operate the hotel.   

Viceroy requested the DIFC Courts’ assistance following the actions taken by the hotel’s owner on Monday (June 19), when it announced the purported takeover of the hotel by Five Hotels and Resorts, a company affiliated with the hotel’s owner, and took steps to attempt to remove Viceroy from the property.  

The owner’s wrongful actions at that time breached the existing hotel management agreement, said a statement from Viceroy Palm Jumeirah Dubai hotel. 

Viceroy is currently taking steps to ensure that the hotel’s owner complies fully with the terms of the court order and the hotel management agreement, said a top official. 

Bill Walshe, the chief executive of Viceroy Hotel Group, commented: “Contrary to the hotel owner’s statements and subsequent media reports, Viceroy has always been, and remains, the legal operator of the Viceroy Palm Jumeirah Dubai. 

“The Court’s order requires, among other things, Viceroy’s name, signage and branding to be reinstated at the hotel. Our priority remains to work with our outstanding hotel colleagues to ensure continuity of service and consistent delivery of a guest experience in keeping with the Viceroy ideology.  We will continue to work strenuously with our legal team to ensure we achieve this.” 

“Viceroy is immensely proud to contribute to Dubai’s dynamic hospitality landscape with the opening of our Palm Jumeirah hotel on March 31, 2017. We are committed to supporting Dubai’s Vision to be a leading tourism market and will strongly resist any attempts to threaten this.”

Viceroy Hotels and Resorts signed a long term hotel management agreement to operate the Palm Jumeirah hotel in 2013. The resort officially opened on March 31, 2017. 

According to Walshe, Viceroy Hotel Group inspires travellers with one-of-a-kind authentic lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. 

A leader in modern luxury, Viceroy’s vibe-led hospitality is guided by the brand promise “Remember to Live,” an affirmation to create lifelong memories for each and every guest, he stated. 

"Viceroy destinations are segmented into three distinct portfolio tiers to help travelers find exactly the kind of experience they’re looking for. The Viceroy Icon Collection properties include epic hotels and resorts in Dubai, Abu Dhabi," he added.-TradeArabia News Service 



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Orascom deploys Genie boom lifts for giant Egypt project

Orascom Trading has deployed key boom lifts and telehandlers from Genie, a unit of global lifting solutions specialist Terex Corporation for the turn-key construction of world's largest power plant project coming up in Egypt.

The list of lifting solution tools include Genie ZX-135/70 boom lifts, a mix of ten Genie Z-80/60 booms, GS-4047 scissors lifts and GTH-4018 telehandlers, said a statement from Orascom Trading, the authorised Genie distributor in Egypt.

Marking another milestone that reflects its leadership in the infrastructure sector in Egypt and the Middle East, since 2015 Orascom Construction (OC) has been involved in the turn-key construction of two state-of-the-art combined cycle power plants in Egypt — both of which are the largest the world has ever seen.

The project is being built in a consortium by OC with Siemens. Each of the two power plants under construction by OC has a contract value of $2.24 billion and a power generation capacity of 4,800 MW.

Both operate on natural gas with light fuel as a backup to offer an affordable, reliable and sustainable energy mix for Egypt’s future.

The First Phase of the project was officially inaugurated in the presence of Angela Merkel (Chancellor of Germany representing Siemens) this March. Construction of the second facility, located on the Mediterranean coast, north of Borolos Lake in Egypt’s Kafr El Sheikh Governorate, started this January.

To adapt to the challenges of safe work on these challenging jobsites, OC has used two Genie ZX-135/70 boom lifts, in addition to a mix of ten Genie Z-80/60 booms, GS-4047 scissors lifts and GTH-4018 telehandlers.

Based in Cairo, OTC offers the full range of Genie products, said a top official.
 
“Orascom Trading has been our group’s internal equipment provider for the past 20 years, and when it comes to leading brands they definitely know their business. It came as no surprise to us when they signed up as an authorised Genie distributor last November,” remarked Yasser El Saied, the equipment manager for Orascom Construction.

"Now that we have direct access to the wider range of Genie machines, we have had the opportunity to see their superior quality. Our operators have also been able to experience their ease of operation. We are now keen to lay our hands on as many as we can, and as far as the activity of Orascom Construction goes, that means big numbers," he stated.

Working to a tight 2018 delivery schedule, the large numbers of machines operating on the Borolos site means that the environment is extremely busy.

“We are impressed by the versatility and precision of the Genie ZX-135/70 booms which are proving irreplaceable for a wide range of the plant’s highest-reaching tasks," remarked El Saied.

"We are also using them to support jobsite supervisors monitoring the quality of work on going on steel and concrete structures, and to assist in the inspection of completed sections of the plant. Once the job is completed, we will be using them for maintenance duties on both sites," he added.

Ashraf Noshy, the sales equipment manager, Orascom Trading Company, said: "Unlike other similar machines by other brands, we have found that Genie booms are particularly easy and smooth to operate. This also applies to the Genie ZX-135/70 boom that operates without a jolt even when fully elevated. It is also fast to get to the desired height.”

“It’s highly smooth and precise positioning, as well as its ability to be driven at maximum 141 ft height are also key factors that help save time and make work easier. These benefits are much appreciated by our operators,” he added.-TradeArabia News Service



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Arabtec wins regulatory nod for share capital cut

Arabtec Holding, a leading contractor for social and economic infrastructure, said it has secured regulatory approval for its new capital reduction plan.

The move is aimed at slashing its share capital from Dh6.1 billion ($1.6 billion) to Dh1.5 billion ($408 million), said the Emirati firm in its statement to the Dubai Financial Market (DFM).

The entitlement date (the last day of trading before restatement) was June 22. The ex-date, when the number of shares is reduced and the share price is restated (prior to the commencement of trading) will be June 28 (the first day of trading after the entitlement date), it stated.

A major player in the region. Arabtec has several key projects to its credit including iconic buildings such as the world’s tallest building, the Burj Khalifa in Dubai, and Abu Dhabi landmark, the Emirates Palace Hotel; as well as other technically challenging work on airports and related infrastructure. It was the first private construction firm to list on the Dubai Financial Market in 2005.-TradeArabia News Service



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Abu Dhabi approves $653m housing loans

The Abu Dhabi government has announced plans to issue new batch of housing loans worth Dh2.4 billion ($653 million) to 1,250 beneficiaries in the emirate as part of its initiative to provide all the necessities of a dignified living and appropriate housing to its citizens, said a report.

The new batch of loans will cover the needs and demands of citizens to build their homes or to re-build in different areas of Abu Dhabi, reported state news agency Wam.

The confirmed batch will include 600 loans in new areas, with 400 loans for completing buildings in existing areas, 150 for the purpose of tearing down and rebuilding, 80 for maintenance and expansion, and 20 for maintenance only, it stated.

In another development, a total of 625 beneficiaries have been selected to receive housing assistance worth Dh417 million under the Sheikh Zayed Housing Programme, said the Wam report citing a top minister.

Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and chairman of the programme, said the good news was conveyed ahead of Eid Al Fitr to bring a smile on the faces of the eligible recipients.

"This underscores the leadership's commitment to bring joy to citizens on the happy occasion and the government's persistent efforts to improve the quality of life for citizens," he added.



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Etihad to boost Mena operations, adds new Dammam flight

UAE national carrier Etihad Airways is set to boost capacity between its Abu Dhabi hub and the key markets of Amman (Jordan), Beirut (Lebanon), Cairo (Egypt) and Casablanca and Rabat (Morocco) in the Middle East and North Africa (Mena) region to cater to the peak June – September travel period, said a top official.

The airline also unveiled plans to launch additional services to Saudi city of Dammam which will be year-round.

"As we build up to the peak travel season and well into the holiday period, we are delighted to provide our local guests more choice with additional flights between Abu Dhabi and some of our key markets across the Mena," remarked CEO Peter Baumgartner:

“By further aligning our capacity with demand during the busy upcoming months, the extra services will help facilitate our guests’ travel to and from these cities and our popular connecting destinations in the GCC, Asia, Australia and the Indian subcontinent,” he noted.

Extra flights and the deployment of bigger aircraft in the Mena region will provide local guests with more choice and greater convenience travelling during the holiday season. These include Dammam (fourth new daily flight); Amman (second new daily flight); Beirut (4 new flights a week and introduction of Boeing 787); Cairo (fifth new daily flight); Casablanca (aircraft upgrade to Airbus A340) and Rabat (one extra weekly flight). 

Etihad said Dammam will initially be served with an additional three morning flights-a-week service on Mondays, Wednesdays and Fridays from June 26, rising to a daily service on July 9. 

The capacity increase to the largest city in the kingdom’s Eastern Province will raise frequency on the route to four daily services year-round, it stated.

With the Amman route already upgraded to a Boeing 787 on each of the current daily services, an additional daily early morning flight serving the Jordanian capital will operate between June 25 and September 30.

Four extra flights will be introduced on the Beirut route on Mondays, Wednesdays, Fridays and Sundays between August 1 and September 10, taking frequency up from seven to 11 services a week, said the Abu Dhabi carrier. 

Effective August 1, seven of the flights to Lebanon’s capital city will operate with the state-of-the-art Boeing 787 featuring 299 seats. 

Egypt’s capital Cairo, one of Etihad Airways’ most popular North African destinations, will have an additional seven midday flights a week, taking frequency up to five daily services between August 1 and September 10, said the statement from Etihad.

In Morocco, the daily Casablanca services will be upgraded from an Airbus A330-300 to A340-600 aircraft between August 1 and September 10. And frequency to Morocco’s capital city of Rabat will increase from two to three flights a week with a new Sunday service operating between August 6 and September 3, it added.-TradeArabia News Service



from Travel Tourism Hospitality

Damac offers big savings this Ramadan

Damac Properties, a leading luxury real estate developer in the region, is offering savings of up to Dh500,000 (136,099) on a select range of ready properties including apartments and villas in Damac Hills, Jumeirah Golf Estates, the Burj Area, Jumeirah Lakes Towers and Jumeirah Village Circle.

The special Ramadan offer, which runs until June 30, covers free packing and moving, free furniture package from Marina Home or Home Centre, a free three-night stay at one of Damac’s hotels as well as Dubai Land Department registration fee of 4 per cent paid on the buyer’s behalf.

Niall McLoughlin, senior vice president, said: "With savings of up to Dh500,000 when buying ready property from Damac, this Ramadan we are bringing dream homes closer to customers than ever. With this promotion, we aim to facilitate the purchase of a ready property and help customers to decide to move into their new homes by making their move more affordable and convenient."

"There is no better time to take this step and move in. Customers who take advantage of this special offer will be able to entertain family and friends in their brand new home," he added.

Last month and as part of its Ramadan promotions this year, Damac also launched Casablanca Villas, a collection of fully furnished and serviced luxury boutique villas in Dubai inspired by the enchanting vibes of Casablanca.

With this promotion, Damac Properties is offering investors and customers the opportunity to pay 60 per cent of the property value upon completion.

Making its mark at the highest end of stylish living, Damac Properties has cemented its place as the leading luxury developer in the region, having delivered over 18,500 homes, with a development portfolio of more than 44,000 units at various stages of progress, observed McLoughlin.

"This includes 13,000 hotel rooms, serviced hotel apartments and hotel villas that will be managed by operator Damac Hotels & Resorts," he added.-TradeArabia News Service



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