The Dubai Institute of Design and Innovation (DIDI), the region’s only university offering a Bachelor of Design degree, has announced new scholarships to promote creative talent and reinforce Dubai’s status as a UNESCO Creative City of Design. Two scholarships for UAE nationals covering the full four-year Bachelor of Design degree, worth AED 392,000 each, will be offered by the university for talented Emirati students. Partial scholarships have also been made available for students needing financial aid as well as high-achieving high school graduates with a score of 90 per cent or above. Applications have already opened for the 2021-2022 academic…
Author: Kasun Illankoon
Online marketplace for buying and selling surplus heavy equipment, Marketplace-E, has recorded a surge in bidder activity in 2020 from buyers across the Middle East and Africa. Demand for heavy equipment on the platform, which is operated by Ritchie Bros., has increased by 28 per cent last year compared to 2019’s figures. According to Phillip Weston, key accounts manager at Ritchie Bros. Middle East, construction companies are increasingly turning to online marketplace platforms to search for more convenient asset disposition and purchasing alternatives during COVID-19 disruption. He said, “This upsurge is predominantly due to factors such as country-wide lockdowns and…
According to the Saudi Press Agency, the Kingdom of Saudi of Arabia intends to cease contracting with companies and commercial institutions with regional headquarters not located in the Kingdom. The cessation will include agencies, institutions and funds owned by the government and will take effect January 1st, 2024. The decision aims to incentivize the localization of businesses by foreign companies that deal with the Kingdom’s government or any of its agencies, institutions and funds, in addition to creating more jobs, limit economic leakage, increase spending efficiency, and guarantee that the main goods and services purchased by the different government agencies…
Find different and exiciting colour pairing from the Jotun Colour Trends 2021 collection with the perfect counterpart. The collection features newly-developed colours complemented by timeless hues, carefully selected by Jotun’s colour experts, from Jotun’s extensive archives. For the chocolate lovers Whether you’re a fan of Milk, Hazelnut, or Dark chocolate, you can find your perfect match: Velvet [10246] Take a trip down nostalgia way with this warm, muted yellow evocative of the caramelized spice of Lotus Biscuit. Impression [12125] Soulful, gilded, golden brown, reminiscent of the elegant, nutty taste of hazelnut and milk chocolate. Belgian Brown [10385] Bite into the…
Wilo Middle East (WME), an international premium manufacturer of pumps and systems and a world-leading driver of innovation, has announced today (Monday, February 15, 2021) the acquisition of PumpsPro, a well-reputed pump solution service provider under Direct Trade House International LLC (DTHI). The acquisition entails the creation of a new business unit that will maintain the name of PumpsPro but will be managed and operated as a Wilo company. The signing of the agreement took place at the WME office in Jebel Ali Free Zone (JAFZA) in the presence of Jens Dallendoerfer, Senior Vice President – Sales Region Emerging Markets,…
Azizi Developments, one of the leading private developers in the UAE, has received the completion certificate from Trakhees for its Shaista project, an exceptionally well-connected residential development in the heart of Dubai’s new growth corridor, Al Furjan. Spread across its 12 residential floors, Shaista is home to 284 units comprising 137 studios, 124 one- and 15 two-bedroom apartments, eight penthouses, and 7,100 square feet of retail space. Mr Mohamed Ragheb Hussein, Chief Development Officer at Azizi Developments, said: “We are delighted to have completed Shaista in the first quarter of the year, with many handovers to follow in the coming…
AVEVA, a global leader in engineering and industrial software, today announced that it has signed partnership agreements with Egypt-based BASS and UAE-headquartered Peritus, to effectively deliver the company’s flagship engineering portfolio to customers across the Middle East and Africa (MEA) region. BASS will specifically meet the increased demands for AVEVA’s solutions in Egypt while Peritus will cater to customers in Saudi Arabia and Pakistan. Both companies will build awareness for AVEVA’s solid portfolio and strengthen the company’s channel network and presence across the MEA region. “The MEA region is an important region for AVEVA. We are investing heavily into our…
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supplying of water and electricity across the UAE, today opened invitations to submit Expression of Interest for the development of the Mirfa 2 (M2) Reverse Osmosis (RO) Independent Water Project (IWP). M2 will see desalination of seawater using reverse osmosis to supply up to 150 million imperial gallons per day of water, improving the security of water supply in the Emirate of Abu Dhabi. In addition, M2 will play a key role in the ongoing cost reduction initiatives in the sector through…
Emaar Properties PJSC, the master developer of the Burj Khalifa, reported a resolute performance in 2020 with a revenue of AED 19.710 billion (US$ 5.366 billion) and net profit of AED 2.617 billion (US$ 712 million). Emaar recorded overall property sales of AED 10.902 billion (US$ 2.968 billion) of which AED 6.321 billion (US$ 1.721 billion) was achieved in UAE. The performance shows sustained interest from investors, both domestic and foreign. Emaar now has a total sales backlog of AED 36.677 billion (US$ 9.986 billion) of which AED 24.738 billion (US$ 6.735 billion) is in the UAE, to be recognised…
Maximiliano Development Management Services (MDMS), a key player in the growing real estate development industry in the Kingdom of Saudi Arabia, has signed an agreement with MSKANK, a reputable housing cooperative Society that works to provide the necessary housing and services for residential communities. Under the agreement, Maximiliano will provide full development services for “Mskank” residential projects, which include planning, design and land development, financial and design studies, project management, implementation program management, and all marketing and sales services plans and execution. The agreement was signed by Eng. Abdul Rahman Al Sharif, CEO of “Mskank” Society, and Dr. Nermin Bin…