Tag: UAE
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Dubai Chambers launches new Mohammed Bin Rashid Al Maktoum Business Award
Dubai, UAE – Dubai Chambers has launched the Mohammed bin Rashid Al Maktoum Business Award in its new reimagined form, which introduces a series of enhancements to the award model, evaluation mechanisms, and award categories. Established under the umbrella of Mohammed bin Rashid Al Maktoum Global Initiatives, the award represents the highest level of recognition…
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Gulf Capital Leads Consortium that Sells Majority Stake in Metito to Alpha Dhabi Holding
(Abu Dhabi, September 25th, 2023) – In a landmark transaction, Gulf Capital announced today that it has exited from its investment in Metito Holdings Ltd. (“Metito”) after a strategic and fruitful 17-year partnership by leading the consortium that sold a majority stake in Metito to Alpha Dhabi Holding (ADX: ALPHADHABI), one of the United Arab…
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OMNIYAT Acquires Marasi Marina in the Heart of Dubai
The leading visionary developer will apply its architectural flare and elevated lifestyle offering to a multi-faceted waterfront destination for the first time. Dubai, UAE, 19 September 2023 – OMNIYAT, a leading visionary developer, has announced the acquisition of Marasi Bay Marina from Business Bay LLC. The purchase is the first of its kind for OMNIYAT and…
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Farid Al Mulla appointed as Chief Executive Officer of Emirates Islamic
Farid Al Mulla will take over from veteran banker, Salah Amin from 5 September 2023, with Salah announcing his retirement Bank thanks Salah Amin for his transformational leadership, especially after Emirates Islamic posts highest-ever half-yearly net profit results in 2023 Dubai, 5 September 2023: Emirates Islamic, one of the leading Islamic financial institutions in the UAE has appointed Farid…
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DIFC Presents ‘DIFC Living’ New Residential Offering Built for Sale
Dubai, UAE; 4 September 2023: Get ready to enjoy unparalleled convenience and access to one of Dubai’s most vibrant and sought-after districts as Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, introduces its new residential offering, DIFC Living. DIFC Living DIFC, renowned for…
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International real estate developer MERED announces entry into UAE market
4 September 2023; Dubai United Arab Emirates – MERED, an international real estate developer, has announced its official launch in the UAE, choosing Dubai, one of the fastest growing cities in the world, to be its home for designing and developing exclusive destinations. With a carefully selected team of world-class industry experts, artisans and accomplished…
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JLL appoints James Allan as new CEO to lead growth in Middle East and Africa
Dubai, United Arab Emirates; 4 September 2023 – JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has appointed James Allan as CEO, Middle East and Africa (MEA), to drive its ambitious growth agenda in the region. Allan takes over the role from Thierry Delvaux, who stepped down as…
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Dubai Chambers advances the sustainability agenda through participation in the ‘Dubai Can’ initiative
Dubai, UAE – Dubai Chambers has contributed to the emirate’s drive for sustainability by saving a total of 72,239 litres of water between June 2022 and June 2023, equivalent to 3,822 five-gallon bottles. The savings were achieved as part of the chambers’ participation in ‘Dubai Can’, a sustainability initiative launched by His Highness Sheikh Hamdan…
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Emirates Islamic wins award for ‘Best Islamic Real Estate Deal’ at the Euromoney Islamic Finance Awards 2023
Bank wins for facilitating real estate financing deal for Abdulwahed Ahmad Rashed Bin Shabib Dubai, 15 August 2023: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has received the ‘Best Islamic Real Estate Deal’ award at the prestigious Euromoney Islamic Finance Awards 2023 for leading the Abdulwahed Ahmad Rashed…
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Abu Dhabi Witnesses Remarkable 363% Growth in Foreign Direct Investment in the Real Estate Sector During First Half of 2023
Abu Dhabi, July 24, 2023: The Department of Municipalities and Transport (DMT) announced that foreign direct investment (FDI) in the individual category within Abu Dhabi’s real estate sector has soared to AED 834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year. According…
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