Real estate

La Fonda partners with Francorp Middle East with a mission to provide a unique and innovate quality range of food solutions to the middle east and the world.

La Fonda to expand in the Middle East and Gulf region in 2023-2024. La Fonda is a Moroccan company that is specialized in premium halal meat processing and gourmet products with its own network of exclusive shops based in the most important cities of the country. The processing unit has an integrated halal poultry slaughterhouse and is IFS V6 certified. La Fonda exists since 1994. LAFONDA’s goals...

Emaar Development records property sales of AED 30.713 billion (US$ 8.362 billion) in 2022, an increase of 12% over 2021

Dubai, United Arab Emirates - February 14, 2023: Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business, majority-owned by Emaar Properties PJSC (DFM: EMAAR) recorded an increase of 12% in property sales to AED 30.713 billion (US$ 8.362 billion) compared to AED 27.440 billion (US$ 7.471 billion) in 2021. This performance was a result of Emaar’s successful...

Emaar announces record property sales of AED 35.1 billion (US$ 9.5 billion) and EBITDA increased by 18%

Dubai, United Arab Emirates – 14 February 2023: Emaar Properties PJSC (DFM: EMAAR) reported continued improvement in its property sales, growth in profitability and marked improvement in the performance of recurring revenue businesses in 2022. Key Accomplishment Highlights Emaar recognised revenue of AED 24.9 billion (US$ 6.8 billion) in 2022, supported by the continuous strengthening of the...

Commercial real estate market continues to soar in Dubai

  CRC, a Betterhomes Group company and Dubai’s largest commercial real estate agency, released their Q1 2022 Dubai Commercial Property Market Report, which provides an in-depth overview of Dubai's commercial real estate over the past quarter. The first quarter of 2022 has proven that the Dubai Real Estate market continues to soar. The commercial real estate market's remarkable post-pandemic...

Demand and prices on the rise for townhouses and apartments in Q1 2022

Consistent with the increased transactions and values last year, 2022 is shaping up to be a great one for Dubai’s property sector. In its first quarter, the residential property market only kept moving forward with a marked uptick in sales transactions and values.  DLD figures showed the real estate market’s continued growth with an 81% increase in transactions quarter-on-quarter. Prices have...

Expo 2020: big deficit in sustainability demands industry and academics to foster partnerships

He described the main challenges faced by the world, and stated, “There’s now a peace deficit in Europe and the numbers of refugees is rising. There’s also a big deficit in sustainability and I think that’s where academics can really play a part by working with industry. The third main deficit is a deficit of equality. The number of people living in poverty has increased for first time since...

People Do Not React to Sustainability but to Their Own Experiences

"Behind sustainable choices is not the actual sustainability of the company, organization, or brand, but the sustainability experience," writes Timo Järvinen, CEO of the Finnish empathy analytics company NayaDaya Inc. If we split the core of sustainability, in addition to the ecological, social, and economical consequences of our actions, we will find something that has a decisive impact on...

The MENA Regional Chapter of UN PRME has collaborated with De Montfort University Dubai to establish the 9th MENA PRME Forum and Conference.

All are welcome to these free events at the DMU Dubai Campus and online. Register now for the Conference and Gala. See the event programmes here.The Conference, Forum and Gala are a collaboration between the UN PRME MENA Chapter member academics, their institutions and De Montfort University Dubai. The event will investigate the possibilities for leveraging change through responsible management...

DMU Dubai to host Open Day on March 27 for ambitious students in the UAE

Strategically located in Dubai International Academic City with a purpose-built, independent campus building, DMU Dubai welcomes students from all backgrounds and offers a perfect combination of high-quality teaching, excellent facilities and a fantastic student experience.  The sessions during the Open Day will encourage prospective students to participate in subject-specific talks, speak to...

DMU Dubai to host Open Day on March 5 for ambitious students in the UAE

The sessions during the Open Day will encourage prospective students to participate in subject-specific talks, speak to academics, industry professionals, and current students, understand application procedures and admission pathways. Future students can explore the state of art facilities firsthand, including interactive learning spaces, design studios, mechanical and electrical labs, moot...

DMU Dubai to host Open Day on March 5 for ambitious students in the UAE

Strategically located in Dubai International Academic City with a purpose-built, independent campus building, DMU Dubai welcomes students from all backgrounds and offers a perfect combination of high-quality teaching, excellent facilities and a fantastic student experience.  The sessions during the Open Day will encourage prospective students to participate in subject-specific talks, speak to...

Sergas Group and Royal Strategic Partners signed a strategic partnership agreement to enhance the infrastructure in the gas sector in MENA

Abu Dhabi: Sergas Group signed a strategic partnership agreement with Royal Strategic Partners, an affiliate company of Strategic Investment Capital which specializes in investment, development, establishment and management of Real-estate projects. The agreement aims at enhancing the infrastructure in the gas sector in MENA region and other areas. Agreement signing took place at Sergas Abu Dhabi...

UK Cabinet Office Minister opens new De Montfort University Dubai's engineering lab

Minister of State Nigel Adams said:  "De Montfort University's global expansion from the heart of Leicestershire in the UK to Dubai and Kazakhstan is an amazing investment that will help build global alumni. It's another fantastic UK export that is nurturing talent.  ​"It's been great to open the state-of-the-art engineering lab and congratulate the university's cricket team. I hope to see a few...

Dubai real estate at all-time high after banner year in 2021

Dubai’s real estate market ended 2021 at a record high with annual growth at its strongest in eight years. Betterhomes’ 2021 Dubai Real Estate Market Report revealed that 2021 concluded with a 70% increase in units sold and a 107% increase in sales value, amounting to AED 147 billion, year-on-year. Richard Waind, Group Managing Director, said, “The Dubai residential market enjoyed a strong year...

Dubai property market logs highest leasing deal at AED7.5M/year

Dubai saw the most expensive residential leasing transaction for a luxury villa in Emirates Hills this week at a whopping AED7.5 million (just over USD 2 million) annually. The record-breaking deal comes not long after the previous AED3.8 million/year record for a Palm Jumeirah property in July this year. Hannah Pratap from Betterhomes, one of Dubai’s longest-standing real estate brokerages,...