Author: Kasun Illankoon

Locally-owned supermarket Spinneys today launched its online grocery delivery service in Dubai, expanding its offering and providing customers an easy, convenient way to shop. Renowned for supplying top quality produce and the highest level of customer service, Spinneys promises to deliver not only on the freshness of its offering, but variety, too. The new e-commerce offering is a direct response to consumers’ changing preference to shop for groceries online. However, Spinneys anticipates demand for online grocery will continue to gather pace, and it is committed to delivering the best omnichannel customer experience. Sunil Kumar, CEO at Spinneys commented: “Demand for…

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Lootah Real Estate Development CEO, Saleh Abdullah Lootah, provides an analysis on the real estate sector as the UAE adjusts to the new normal and outlined the top 5 trends that will shape up the local property market in the era post the COVID-19 pandemic. In its assessment of short-and medium-term changes that will arise in the aftermath of the pandemic, Lootah said that amongst the biggest trends to turn up is the focus on building developments that enhance the quality of life through the application of integrated safety, sanitation and automation principles. Focus on safety, sanitation and automation Thanks…

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Azizi Developments, a leading private developer in the UAE, has revealed the standing of construction and infrastructure work in Mohammed bin Rashid City’s new landmark destination, Riviera. The first phase of the development now stands at 60%, phase two at 37%, and phase 3 at 22%, while the master developer is making substantial progress in the building of roads, sidewalks, drainage and water systems, backfilling, the laying of telephone line cables and more. Mohamed Ragheb, Executive Director – Engineering Division at Azizi Developments, said: “It is truly a rewarding sight to behold. Riviera is our pride and joy – seeing…

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Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project. The Power Purchase Agreement (PPA) and Investment Agreement was signed during a virtual ceremony by Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade, Dadajon Isakulov, Chairman of JSC National Electric Grid, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar. Under the agreements, Masdar will develop, build and operate the…

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Leading trade enabler, DP World, UAE Region and the autonomous vehicle, robotics and AI specialist DGWorld has entered a contractual agreement to equip Jebel Ali Port with a fleet of Autonomous Internal Terminal Vehicles (AITV´s), including all related integrations in the existing operation processes and infrastructures. DP World, UAE Region once again manifests its leadership and visionary role by introducing autonomous vehicles and related technologies into their daily operations, which supports their initiatives and strategy of introducing digitalization and newest technologies as the new global standard for traditional port operations, supply chains and to enable the future of trade. The…

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In a recent E-Live webinar hosted by Construction Business News Middle East and in partnership with du, Andrew MacKenzie, Partner at Baker McKenzie Habib Al Mulla, discussed the issue of Force Majeure in light of the current COVID-19 pandemic. (VIDEO: E-Live Webinar Recap: Legal Challenges in Construction) Andrew said: “Construction contracts, including the FIDIC standard forms prevalent in the UAE, typically contain a Force Majeure clause. Whether or not COVID-19 amounts to an event of Force Majeure will depend on the specific wording of the clause. Clear drafting is therefore crucial to determining whether or not Force Majeure can be…

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UAE-Danish joint venture, ELIPS, the leading manufacturer of pre-insulated pipes and provider of innovative solutions in fittings, has become a key player in the industry across the GCC countries and Egypt through more than 150 projects in all industrial domains, specifically the district cooling industry. The Company was established in Dubai 10 years ago and represents another success story today in the track record of the UAE-based international companies with a total sales generated over AED812 million since its inception. Headquartered in the Jebel Ali industrial area on an area of ​​about 100 million square feet, ELIPS has the UAE’s…

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Dubai Media Office reports, under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Meraas will join forces with Dubai Holding in an effort to sustain and advance growth through a unified and integrated vision that builds on gains, spurs efforts and boosts Dubai’s global competitiveness. Meraas is set to become part of Dubai Holding, under the leadership of His Highness Sheikh Ahmed bin Saeed Al Maktoum. Since its establishment in 2004, Dubai Holding has continued to create positive strides aimed at fostering an innovation-driven knowledge-based…

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Palma Holding, one of the most prestigious names in the real estate industry, has announced the release of its AED 365 million Olivara Residences & Park — the first integrated community in Dubai Studio City. This new project marks the third collaboration between Palma and Hazel Wong, the renowned architect of Emirates Towers, Silverene Towers, and Serenia Residences among others. Leasing for the ready-to-move-in project has commenced offering residents a contemporary and distinct lifestyle. Olivara Residences, a vibrant residential community, is made up of four low-rise buildings, which include 250 units comprising studio, one-, and two-bedroom apartments in addition to…

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