DURAR, a leading real estate developer in the UAE, has announced the development of its flagship masterpiece development, MASA Residence, set to redefine coastal luxury living on the pristine shores of Al Marjan Island, one of the region’s most preferred tourism and investment destinations in Ras Al Khaimah. Reputed for developing projects of fine quality and craftsmanship such as J ONE, an iconic mixed-use development on Dubai Canal, and JASMINE LANE by Elie Saab, DURAR’s latest project in its fast-expanding portfolio of residential and commercial developments will offer a premium lifestyle for its residents with world-class amenities and inspired, modern design. Set…
Author: Kasun Illankoon
The GCC Board Directors Institute (GCC BDI), a not-for-profit organization for board directors, has signed a three-year partnership agreement with Nesma & Partners Contracting Company Ltd. (N&P), the leading contracting company in the Middle East. The move will help entities bolster corporate governance and support GCC BDI’s ongoing commitment to developing board effectiveness across the Gulf. Under the partnership, GCC BDI and Nesma & Partners will cooperate closely, sharing knowledge and experiences, as well as exploring collaborative opportunities to enhance standards of corporate governance in Saudi Arabia and beyond. Reflecting on the announcement, Jane Valls, Executive Director of GCC BDI,…
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has revealed Thuwal Private Retreat, an exclusive, buy-out only island destination set to welcome guests next year. Located on a pristine 1.7-hectare sandy islet in a spectacular coral archipelago on the Red Sea coast, the intimate destination offers stunning natural beauty complemented by discreet architecture, offering ultimate luxury in complete privacy. The island resort boasts a spacious main three-bedroom villa, three one-bedroom suites, a beach club, gym and wellness center. The curated travel experience begins as soon as guests arrive,…
Keturah, the unique luxury well-being real estate and hospitality concept, which was founded by Talal Al Gaddah, has signed an agreement with Comfort Hospitality LLC, a UAE-based company led by Abdulla Al Mulla who has an extensive experience in the F&B industry spanning over 12 years. As part of the agreement, Comfort Hospitality will manage and lead the F&B operations of Keturah Reserve in Meydan and Keturah Resort in Dubai Creek, facing Dubai’s wildlife sanctuary in Ras Al Khor, during the upcoming winter season in the UAE. In his comments, Talal Al Gaddah, Senior Executive Vice Chairman of MAG, said:…
Khansaheb Civil Engineering has announced its latest sustainability milestone — becoming the first Contractor in the Middle East to use a battery energy storage system (BESS) to power large construction equipment vastly reducing carbon emissions. Khansaheb has teamed up with AJI Rentals to use Ampd Energy’s ‘Enertainer’ to power two tower cranes on its flagship project, Serenia Living on the Palm Jumeirah. The Enertainer is a plug-and-play solution which electrifies construction power generation. It offers a seamless, quiet, and fully automated energy supply, facilitating the construction industry’s shift away from fossil fuels. By significantly reducing the use of traditional diesel…
An exciting new addition to the UAE’s landscape is the recently announced strategic partnership between well-known luxury real estate company Karma Developers and Deca Properties, a dynamic development management company. Designed to enhance the fiercely competitive mid-size development offering in the UAE, this collaboration is based on a promise of excellence and innovation, not to mention value and superior build quality. The collective aim is to develop exciting new living experiences across prime locations in Dubai with an existing project pipeline valued at AED 1.3 Billion. Several residential projects aimed at the discerning buyer will be announced in the next…
The 3DXB, a leading innovator in 3D printing solutions for the construction industry, is making significant strides in promoting sustainability and eco-friendly practices in its operations across the UAE. With a strong commitment to reducing the environmental impact of construction, 3DXB’s cutting-edge technology and initiatives align with the principles of the circular economy and waste reduction. Aligned with the visionary decree No. (24) of 2021 issued by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, 3DXB GROUP is set to reshape the landscape of the construction sector in the…
Sobha Realty pledges a financial contribution of AED 25 million to the Endowments and Minors’ Trust Foundation in Dubai in support of the ‘Bunyan Al-Khair’ initiative, launched by the Foundation in cooperation with the Mohammed Bin Rashid Housing Establishment and ‘Emarat Al Youm’. The initiative aims at collecting AED 35 million to construct 22 endowment buildings and the proceeds will also be used to support UAE Nationals with low income, needy families and humanitarian cases to which the housing service requirements are not applicable. His Excellency Ali Al-Mutawa, Secretary-General of the Endowments and Minors’ Trust Foundation, praised Sobha Realty’s pledge…
Following a successful 16-year career as CEO and GCEO of Imdaad Group, the leading provider of Integrated Facility Management services in the region, Mr. Jamal Lootah has decided to step down from his role as Group CEO on Thursday, October 12th, 2023. Mr. Jamal will be considered to serve as an advisor to the Board of Directors and executive management team at Imdaad, and Mr. Abdullatif Almulla, in addition to his responsibilities as Chairman of the Board for Imdaad, will serve as the interim GCEO of the company until a new GCEO is appointed. Mr. Abdullatif brings his extensive leadership…