Ithra Dubai, a leading real estate developer fully owned by the Investment Corporation of Dubai, announced the launch of DEF, The Deira Enrichment Festival, a series of activations taking place at the Deira Enrichment Project. The activities kicked off on November 19th at the recently launched Sherina Plaza. For twelve consecutive weekends, tenants and visitors are invited to choose from a bundle of family activities and entertainment options. Every Thursday between 4 and 10 pm, and Friday and Saturday between 2 and 10 pm, families can lounge on bean bags and watch movies projected on an 85 inch screen at…
Author: Kasun Illankoon
Aldar Properties PJSC announced that Noya, its latest residential community in the heart of Yas Island, was sold out in four hours on the first day of the public launch, generating over AED 1 billion in sales, taking the year to date sales to over AED 3 billion. The launch of the 510-unit development demonstrates the strong interest in the Abu Dhabi real estate market for premium products. Located in an investment zone, Noya was open to customers of all nationalities, where 60% of end-buyers were UAE nationals and 40% were non-UAE nationals. Noya attracted a younger customer base with…
Thales has commissioned a total of seven new stations across the three major railway lines over the last six months. Upgrades on Sandanhour, Toukh, and Qaha stations on the Cairo-Benha line, Geziret and El Maragha on the Asyut-Nagahamadi line, and Kafr el Dawar and Damanhour on the Cario-Alexandria line have all been completed. As part of the Egyptian National Railways (ENR) Signaling Modernization project, the existing mechanical signalling systems are being replaced with Thales’ Electronic Interlocking System (EIS) across three of the ENR’s most prominent lines; 159km long Cairo-Alexandria, 48km long Cairo-Benha, and 180km long Asyut-Nagahamadi. The signaling modernization will…
Al Tayer Motors, the official Ford Trucks importer-dealer in the United Arab Emirates, has won the Champions Award 2019 from Ford Trucks’ dealers in 44 countries worldwide for its overall performance. The accolade win comes even as Al Tayer Motors records a strong nine months for its trucks business in 2020 with a growth of more than 50 per cent in the first nine months of 2020 compared to the same period in 2019. The dealership delivered a solid performance with major wins in the established Construction and Waste Management segments with major inroads into the Transportation, Cargo and Logistics…
DXBUY, UAE’s foremost B2B e-commerce platform dedicated to the small & medium businesses (SMBs) today announced its strategic partnership with tabby, the region’s first and largest ‘Buy Now, Pay Later’ provider that counts some of the largest retail groups in the region as its partners. This partnership with tabby is another strategic move for DXBUY’s growth and continuous effort towards supporting SMBs with their daily business buying needs. tabby’s Buy Now Pay Later solution provides users the convenience of paying 14 days after their product has been delivered. By choosing to pay with tabby, customers are not required to make…
Doka now offers formwork solutions and scaffolding, but this is about more than just products. Well thought-out solutions and services from planning and engineering to trainings ensure transparency in complex projects, optimising material flows and cost efficiency. Doka’s shareholding in the American scaffolding manufacturer AT-PAC creates a strong global unit that combines international sales strength with decade-long know-how in scaffolding. In the future, Doka will act as a full supplier of formwork solutions AND scaffolding across both sales and rental segments. “With this strategic partnership we offer much more than just scaffolding. We are now offering – as we have…
CNH Industrial N.V. announces the appointment of Scott W. Wine as Chief Executive Officer, effective January 4, 2021. As a proven leader with considerable international experience across a variety of industries, Mr. Wine has a track record of producing exceptional results. Mr. Wine joins the Company from Polaris Inc. (NYSE: PII) where he was, since 2008, Chief Executive Officer and Chairman and CEO since 2013. Prior to joining Polaris, Scott Wine held executive positions with United Technologies Corporation, Danaher Corp. and Allied Signal Corp., which became Honeywell International, Inc. after a 1999 merger. He also served as a United States…
Off-plan developments are currently experiencing some of the highest sales levels in Saudi Arabia notably in residential projects as more developers and homeowners are finding off-plan properties as viable investment options. “Off-plan sales are beneficial for both potential homeowners and property investors. In addition to guaranteed profit, buying off-plan properties are more affordable and flexible than an existing property. The owner or investor can negotiate excellent discounts, pay a small deposit with staged payments or purchase the property below the market value. Expect high returns and capital growth because the owner can resell the property at a high market price…
The Ministry of Transport carried out maintenance work on the road leading to Jadeedah Arar port, coinciding with its opening on November 17 under the patronage of the Governor of the Northern Borders Region, Prince Faisal bin Khalid bin Sultan. The opening of the port was part of a package of joint agreements between the Kingdom of Saudi Arabia and the Republic of Iraq. The agreements aim at creating investment opportunities across all sectors and securing all roads to and from the port, the foundation of which was laid by Custodian of the Two Holy Mosques King Salman bin Abdulaziz.…
Sharjah Investment and Development Authority (Shurooq) has announced the launch of the second season of its virtual architectural talk series, Sharjah Designscape, where eminent UAE-based and international industry experts will lead discussions on the current architectural landscape within Sharjah while also exploring the future outlook and transformation of this field around the world. The bi-weekly series will be held virtually at 7pm on Tuesdays starting November 24, 2020 with the sixth and concluding session of the series being held on February 02, 2021. From new approaches in landscape and modular architecture to designing sacred spaces and dramatic bridges, experts will…