Discover how breakthrough, patent-pending method and technology leverages AI and science to unlock the future of post-merger integration success – join us on March 19 (EMEA) or March 21 (Americas).
According to Deloitte, "people and culture issues are the most common reasons for failing integrations". Unfortunately, these failures occur all too often. Huge investments and high goals are threatened and often damaged by employee turnover and productivity collapse.
Through our game-changing NayaDaya® People Risk Analytics™, developed in collaboration with Deloitte, it is now possible to 1) identify people risk levels, 2) uncover their root causes, and 3) recommend actions to mitigate these risks and prevent people-related breakdowns in M&A integrations.
Amazingly, these crucial insights can be revealed by asking employees just three intuitive questions. What makes this possible is the sophisticated emotion, behavior, and action analytics, based on scientific algorithms, AI, and M&A integration process intelligence. This Finnish-Swiss method and technology is now available to protect the M&A from significant financial losses, ensure post-merger success, cultivate empathy, and build sustainable growth.
Join us for a free 30-minute webinar (the same content):
EMEA friendly time:
Tuesday March 19, at 12-12.30 PM EET | 11-11.30 PM CET | 10-10.30 AM UTC
Please register here: https://register.gotowebinar.com/register/2121446550962661980
Americas friendly time:
Thursday March 21, at 12-12.30 PM EDT | 11-11.30 AM CT | 10-10:30 AM MT | 9-9.30 AM PT
Please register here: https://register.gotowebinar.com/register/535829837430739800
Can't make the live session? Register anyway! All registrants will receive later a link to the webinar recording.
Gain insights from Timo Järvinen, Co-Founder, Value Creator & Evangelist at NayaDaya Analytics Inc., and Maria Kausto-Turner, Partner at NayaDaya Analytics Inc., as they host this insightful webinar in English.
The webinar is free for everyone – we warmly invite you to join us!
Further information:
Minna Järvinen
NayaDaya Analytics Inc.
minna.jarvinen@nayadaya.com
Transforming post-merger integrations, NayaDaya Analytics unveils its new People Risk Analytics™ for M&A. Leveraging science and AI, this method and technology revolutionizes post-merger integrations by addressing people-related risks and providing action recommendations with unprecedented precision.
Mergers and acquisitions are significant investments with high goals and substantial risks, which too often materialize. These failures are frequently attributed to people-related issues. Despite their significance, people risks – such as employee turnover and productivity collapse – are not as well understood as they should be.
A groundbreaking approach has now emerged in the M&A landscape. Unlike any solution before, People Risk Analytics™, developed in collaboration between NayaDaya Analytics and Deloitte, precisely targets these challenges by pairing the human value with the forefront of emotion and behavior science and artificial intelligence.
"Our patent-pending method and technology not only identify the risks associated with people but also deliver concrete action recommendations to secure integrations from people-related breakdowns. Amazingly, it provides this crucial information by asking employees only three intuitive questions," says Petri Järvinen, CEO and Partner at NayaDaya Analytics Inc.
"Our worldwide experience in M&A has shown us the critical impact of people-related risks on the success of post-merger integrations. To effectively reveal and address the often fatal people risk factors in integrations, we recommend People Risk Analytics™ as a valuable addition to the change management tool kit. This pioneering solution, going beyond all traditional methods, is sophisticated, yet very simple, intuitive, and scalable for users," says Tapio Koivumäki, Partner, Operational M&A, Advisory Leader at Deloitte.
"With our unique innovation, already validated in the real world, we can support companies with acquisition targets ranging from ten to tens of thousands of employees. Our standardized process ensures high efficiency. We offer straightforward use of our technology and service platform. Depending on our customers' needs, Deloitte can also support in the field of change management and with broader integration topics," continues Petri Järvinen.
"When integrations fail due to people issues, the fault lies in execution, leadership, and communication, not with the employees. Our value lies in preventing significant financial losses, avoiding distress among people, and promoting sustainable change and growth. Our fusion of science, AI, and M&A process intelligence is a major shift in the game; however, it demands an ethical approach. Our guide for every AI-driven action is 'be kind to people and the planet'," says Timo Järvinen, Co-Founder, Value Creator & Evangelist at NayaDaya Analytics Inc.
In addition to post-merger integrations, the solution can also be used in other transformations and investment projects. People Risk Analytics™ is a trademark of NayaDaya Analytics Inc., a startup company based in Finland.
Further Information
Petri Järvinen, CEO, Partner, NayaDaya Analytics Inc., tel. +358 45 238 5537, petri.jarvinen@nayadaya.com
Timo Järvinen, Co-founder, Value Creator & Evangelist, NayaDaya Analytics Inc., tel. +385 40 505 7745, timo.jarvinen@nayadaya.com
Tapio Koivumäki, Partner, Operational M&A, Advisory Leader, Deloitte, tel. +358 40 357 6138, tapio.koivumaki@deloitte.fi
Aiming for global growth, NayaDaya Analytics Inc. welcomes Petri Järvinen, returning from Singapore to Finland, as its new CEO and Partner. Co-founder Timo Järvinen will now focus on enhancing customer value through the science-based and AI-powered People Risk Analytics™. Alongside their innovative team and investors, the brothers have high expectations for their disruptive solution, built to prevent people-related M&A integration failures.
NayaDaya Analytics Inc.'s long-term product development has culminated in an unprecedented fusion of emotion and behavior science with artificial intelligence. This innovation aims to mitigate the high people-related risks associated with post-merger integrations and transformations. The solution, pointing out action recommendations to avoid the M&A failures, has been developed in collaboration with Deloitte and already tested and proven in the real world.
The foundation for growth was laid in the first quarter of 2024. January saw the closure of a funding round, welcoming six new investors and experts on board. February marked the launch of the new science-based and AI-powered People Risk Analytics™. In addition, a patent application was filed for the game-changing method and technology.
On March 1, the NayaDaya Analytics team will be significantly strengthened as Petri Järvinen assumes the role of CEO and Partner. With a successful track record in multinational companies, particularly in sales and business leadership roles throughout the 21st century, including the last ten years at Avanade (a subsidiary of Accenture) in Singapore, he is well-equipped to guide the startup towards global growth.
Co-founder Timo Järvinen, previously CEO and leader in inventing science-based innovations and transforming them into valuable customer solutions, will now fully dedicate himself to designing, delivering, and communicating the unique value and sharp competitive edge to customers, partners, and the wider society.
Petri Järvinen and Timo Järvinen share a bond that extends beyond brotherhood, having worked together earlier for many years as business partners, including a successful shared exit.
"As the new CEO of NayaDaya Analytics, I am thrilled to lead our engaged team and business in addressing the substantial people-related risks in M&A integrations and transformations. Our focus on human value, paired with cutting-edge science and artificial intelligence, is more relevant than ever. I am eager to drive our growth, assisting companies globally to navigate risks and thrive through critical transitions successfully," says Petri Järvinen, CEO and Partner of NayaDaya Analytics Inc.
"We are fortunate to have Petri return to Finland to build a bridge from Finland to the world. Petri's expertise and international experience are exactly what we need as we are now ready to write a new chapter to our story after years of demanding development. I will focus all my efforts on creating customer value with the world-changing combination of science, AI, and empathy," says Timo Järvinen, Co-Founder, Value Creator & Evangelist of NayaDaya Analytics Inc.
"This is excellent news for our team and future ambitions. Petri's ability to boost sales, business, and cooperation with industry leading customers and partners around the world, combined with a deep understanding of the latest technological innovations, is a great combination when we are reaching for the global growth," says Timo Salomäki, Chairman of the Board of NayaDaya Analytics Inc.
Further Information
Petri Järvinen, CEO, Partner, NayaDaya Analytics Inc., tel. +358 45 238 5537, petri.jarvinen@nayadaya.com
Timo Järvinen, Co-founder, Value Creator & Evangelist, NayaDaya Analytics Inc., tel. +385 40 505 7745, timo.jarvinen@nayadaya.com
Timo Salomäki, Chairman of the Board, NayaDaya Analytics Inc., tel. +358 40 709 2399, timo.salomaki@nayadaya.com
In the webinar tomorrow, Feb 28 by Deloitte and NayaDaya Analytics, unlock the future of your post-merger success with a breakthrough in science, AI, and empathy.
The outcome of critical M&A investments and transformations depends on people. Despite their significance, the people-related risks – such as employee turnover, quiet quitting, and productivity collapse – are not known as well as they should.
Thanks to the collaboration between NayaDaya Analytics and Deloitte, we're excited to introduce a game-changing innovation: leveraging emotion and behavior science, AI, and process intelligence, People Risk Analytics™ identifies the people risks and delivers action recommendations to prevent integration or transformation failures. This disruptive solution has been tested and proven in the real world.
Register now to ensure you don't miss the opportunity to learn how companies can protect their M&A and transformation investments from people-related breakdowns in a socially sustainable manner.
Join us for a revealing 45-minute webinar and product unveiling on Wednesday, Feb 28, from 1-1:45 PM EET (12-12.45 PM CET, 11-11.45 AM UTC).
Gain insights from Tapio Koivumäki, Partner and Operational M&A Advisory Leader at Deloitte, and Timo Järvinen, CEO and Co-founder of NayaDaya Analytics Inc., as they lead this enlightening webinar in English.
Can't make the live session? Register anyway! All registrants will later receive a link to the webinar recording.
The webinar is free for everyone – we warmly invite you to join us!
https://register.gotowebinar.com/register/5153381749687797344
For more information, please contact:
Timo Järvinen, CEO, Co-founder, NayaDaya Analytics Inc.
timo.jarvinen@nayadaya.com, +358 40 505 7745
In the webinar on Feb 28 by Deloitte and NayaDaya Analytics, unlock the future of post-merger success with a breakthrough in science, technology, empathy, and AI. Discover how a pioneering analytics tool delivers concrete action recommendations to minimize people-related risks and prevent M&A failures. Register now to gain essential insights into transforming integration outcomes.
For years, NayaDaya Analytics and Deloitte have collaborated on developing emotional and behavioral science to promote successful mergers, acquisitions, and transformations.
The outcome of critical M&A investments and transformations depends on people. Despite their significance, the people-related risks – such as employee turnover, quiet quitting, and productivity collapse – are not known as well as they should.
Through innovative advancements, scientific analytics have been developed to unveil deep insights into people-related risks with minimal effort. With People Risk Analytics™, it is possible to identify the levels of people risk and their root causes by asking employees just three intuitive questions.
Thanks to the collaboration between NayaDaya Analytics and Deloitte, we're excited to introduce a groundbreaking advancement. Leveraging process intelligence, software robotics, and AI, the People Risk Analytics™ platform now generates concrete action recommendations to minimize people risks and prevent failures in post-merger integrations and transformations.
This disruptive solution has been tested and proven in the real world.
Don't miss this opportunity to be at the forefront of knowing how companies can secure their M&A and transformation investments against people-related breakdowns.
Join us for a revealing 45-minute webinar and product unveiling on Wednesday, Feb 28, from 1-1:45 PM EET (12-12.45 PM CET, 11-11.45 AM UTC).
Gain insights from Tapio Koivumäki, Partner and Operational M&A Advisory Leader at Deloitte, and Timo Järvinen, CEO and Co-founder of NayaDaya Analytics Inc., as they lead this enlightening webinar in English.
Can't make the live session? Register anyway! All registrants will later receive a link to the webinar recording.
The webinar is free for everyone – we warmly invite you to join us!
For more information, please contact:
Timo Järvinen, CEO, Co-founder, NayaDaya Analytics Inc.
timo.jarvinen@nayadaya.com, +358 40 505 7745
If you are reaching for growth, executing integrations, leading transformations, or starting business critical projects in 2024, now it is the time to identify the people risks: employee turnover, productivity loss, and quiet quitting.
According to studies, more and more employees are considering leaving their jobs. Losing and then replacing talented people is expensive, and finding new employees is difficult. At worst, this threatens the success of growth, integrations, transformations, and projects.
Our game-changing people risk analytics, based on emotions, science, and the Finnish-Swiss innovation, reveals the levels of and root causes behind employee-related risks. People will not be burdened – employees only respond to three questions. With the effective and exceptionally intuitive tools, you can target actions and minimize the fading and loss of employees' crucial contribution.
Traditional surveys do not understand engagement or disengagement. It is important to realize that satisfaction is about the comfort zone – it does not promote progress, commitment, and readiness for change.
If you like to see how to use the people risk analytics as an insurance for your integrations, changes, or projects, book a 30-minute meeting with us.
Book a 30-minute appointment: https://www.nayadaya.com/appointment
Let's discuss!
Timo Järvinen, CEO, Co-founder
NayaDaya Analytics Inc.
Tel. +358 40 505 7745
timo.jarvinen@nayadaya.com
"To avoid people-related failures in transformations, M&A, and critical projects, those risks should be analyzed and false beliefs about the existing surveys should be corrected," writes Timo Järvinen, the founder of NayaDaya Analytics Inc.
According to McKinsey, "European talent is ready to walk out the door".
During this post-pandemic era, high levels of employee turnover and lack of skilled people are a fundamental risk for growth, competitiveness, and even survival. During transformations, post-merger integrations, and critical projects, companies become even more vulnerable to these people-related risks.
The worst thing companies can do is to keep on doing what they have always done. To be content with old habits can be deceiving. One of these old ways is the misunderstanding that employee experiences and behavior could be understood, and the people-related risks identified by only asking questions with the traditional one-dimensional response scales.
To face the reality with their employees, there are three things companies should do: 1) identify the people risk levels, 2) reveal their root causes, and 3) find out the action points to minimize the employee turnover, quiet quitting, and decrease in productivity – and to engage and inspire people.
To unfold these crucial insights, one should not rely on the traditional tools and metrics. And why is that? Because in order to predict the people risk levels and their root causes, you need to be able to understand employee behavior, especially engagement and disengagement.
But wait a minute! Aren’t companies measuring engagement, for example with employee surveys and pulses? They have done that for years and...
My point exactly. Everyone has executed those surveys and pulses for years – and many believe that they are measuring engagement.
A glimpse of science: emotional and behavioral science tells us that the traditional survey scales, such as satisfaction, do not correlate with engagement and disengagement. If companies want to find out what is engaging or disengaging people, the traditional surveys are useless.
Employee engagement is not the same as feeling contentment – continuing as before and staying in the comfort zone. Engagement means dynamic actions, participating, and rolling up the sleeves when facing changes and challenges.
Unfortunately, satisfaction or even tendency to recommend one's employer do not indicate engagement. On the contrary, they correlate with passivity and even unwillingness to engage in anything new. This is particularly problematic during changes.
I have good news: new people risk analytics, which is based on a scientific emotional and behavioral intelligence and a Finnish-Swiss innovation, is able to build the deepest insight into people risks with the smallest effort one can imagine.
Traditionally, employers have executed long employee surveys 1-2 times a year or short pulse surveys quarterly, monthly, or even weekly. With the scientific method based on long-term emotions, companies can run very short surveys only 1-4 times a year, depending on the intensity of the change. For example, three times a year is enough during the post-merger integrations.
The process is agile. Only three intuitive questions produce the needed input for the analytics. These three questions cover emotions, their strength, and the reasons behind the emotions in the context of an employer, a transformation, an integration, or a project.
Thanks to the amazing power of emotions and science, and our unique algorithm, the output reveals things that have not been even asked for. The analytics visualizes exactly those fundamental things companies need to find out: 1) people risk levels, 2) their root causes, and 3) the action points to minimize the people-related risks, e.g. talent walking out their door or the quiet quitting.
Instead of merely knowing the levels of contentment, companies now will see where to focus actions to engage, motivate, and inspire people to not only stay in their jobs but to go the extra mile, to even become change-makers.
If a group has several, even tens or hundreds of companies, it can easily uncover and compare the people risk levels and their root causes in those business entities. Or if a company executes many acquisitions every year, it can compare the success of the different post-merger integrations based on their engaging or disengaging influence. The same applies for multiple projects.
This way companies are able to point out the business entities, integrations, or projects that are in crisis as well as to see the reasons behind each situation. They will also find out the entities, integrations, or projects with the high levels of positive employee engagement – and identify the reasons behind those successes.
As always, the coin has two sides: the people risk analytics helps companies 1) to avoid financial losses and losing growth opportunities, and 2) to take care of people and to build social sustainability. Both these aspects should be on focus if companies want to be among the winners in an ever-increasing competition for the best talent.
The writer of the blog post is CEO of NayaDaya Analytics Inc. Timo Järvinen.
Timo Järvinen, CEO, Co-founder
NayaDaya Analytics Inc.
Tel. +358 40 505 7745
timo.jarvinen@nayadaya.com
People risk analytics – brief information
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Dubai, United Arab Emirates- November 9, 2023: Emaar Development PJSC (DFM: EMAARDEV), the UAE's premier property development company specialising in build-to-sell property development business, that is majority-owned by Emaar Properties PJSC (DFM: EMAAR), sustained its momentum in property sales in the third quarter (July to September) of 2023 as well. The company's property sales increased by 25%, reaching AED 28.9 billion (US$ 7.9 billion) in the first nine months (January to September) of 2023 compared to AED 23.2 billion (US$ 6.3 billion) for the same period in 2022. This performance is attributed to the 20 successful launches of new projects across various master plans, creating a foundation for future revenue.
Emaar revealed Palmiera, the latest lifestyle destination launching within The Oasis. Palmiera brings a unique blend of modern living within the luxury of The Oasis. With an estimated development value of around ~USD 20 billion for the entire project, The Oasis is distinguished by iconic architectural masterpieces from globally renowned architects and interiors fashioned by famous international designers. Consistent with Emaar's promise of unparalleled quality, The Oasis, presents more than 7,000 residential spaces, predominantly expansive mansions and villas, graced with breathtaking vistas of water channels, lakes, and green expanses.
Performance Highlights
In the first nine months of 2023 (January to September), Emaar Development reported an EBITDA of AED 4.5 billion (US$ 1.2 billion) and net profit of AED 4.1 billion (US$ 1.1 billion), an increase of 36% and 43% compared to the same period in 2022, respectively.
Emaar Development has a sales backlog of AED 59.6 billion (US$ 16.2 billion), which will be recognised as revenue in the coming years.
Mohamed Alabbar, founder of Emaar, commented: "Our sustained performance in Q3 is a testament to Emaar Development's dedication to excellence and keen market insight. The upward trend in our sales backlog is indicative of the unwavering trust our clients place in our ventures. It's a reaffirmation that our developments continue to resonate with the market's aspirations."
"Such milestones not only position Emaar Development at the forefront of the industry but also reinforce our commitment to consistently enhance value for our loyal shareholders," he concluded.
Delivery Updates
In the first nine months of 2023, Emaar Development delivered over 7,800 residential units in prime locations such as Downtown Dubai, Dubai Creek Harbour, Arabian Ranches, Dubai Hills Estate, Emaar Beachfront, Dubai Marina and Emaar South. Emaar has delivered over 66,000 residential units as of September 2023, with over 27,000 residences currently under development in the UAE.
دبي، الإمارات العربية المتحدة، 09 نوفمبر 2023: "إعمار للتطوير ش.م.ع" (DFM: EMAARDEV)، شركة تطوير العقارات الرائدة في دولة الإمارات العربية المتحدة والمتخصصة في تطوير العقارات بغرض البيع، والتي تمتلك "إعمار العقارية ش.م.ع"DFM: EMAAR) ) حصّة الأغلبية فيها، حافظت على زخم ارتفاع بمبيعاتها العقارية في الربع الثالث من عام 2023 (من يوليو إلى سبتمبر). حيث زادت مبيعات الشركة بنسبة 25% مع وصول القيمة الإجماليّة للمبيعات إلى 28.9 مليار درهم إماراتي (7.9 مليار دولار أمريكي) في الأشهر التسعة الأولى من العام 2023 (من يناير إلى سبتمبر) مقارنة بـمبلغ 23.2 مليار درهم إماراتي (6.3 مليار دولار أمريكي) بالفترة نفسها عام 2022. وجاء هذا الأداء نتيجةً لإطلاق إعمار الناجح لعشرين مشروعاً عقارياً في عدد من مجتمعاتها العمرانية الرئيسية، والتي من شأنها أن تشكّل أساساً قويّاً للإيرادات المرتقبة في المستقبل.
وقد كشفت إعمار في يونيو الماضي عن مشروع "بالمييرا" الواقع ضمن أحدث وجهاتها لنمط الحياة العصرية، "ذا أويسيس" من إعمار، وهي أحد أكبر وأرقى المشاريع في دبي، ويشغل المشروع مساحة إجمالية تزيد على 100 مليون قدم مربّع (9.4 مليون متر مربع). وتبلغ قيمة التطوير الإجمالية أكثر من 20 مليار دولار أمريكي خصّصت لهذا المشروع الذي يتميّز بتصاميم معماريّة استثنائية ممهورة بتواقيع أشهر المهندسين المعماريين في العالم، مع ديكورات داخلية أبدعها أبرز وأفضل المصمّمين العالميين. ويتضمّن مشروع "ذا أويسيس" أكثر من 7,000 وحدة سكنية تتراوح ما بين القصور والفلل الفخمة والتي تمتاز بمساحاتها الواسعة وتفاصيلها المميّزة المرتكزة معايير إعمار في الإتقان والدقّة، وكلّها تتمتّع بإطلالات خلاّبة على مناظر رائعة للقنوات المائية والبحيرات والمتنزّهات.
أبرز الإنجازات
وخلال الأشهر التسعة الأولى من عام 2023 (من يناير إلى سبتمبر)، حقّقت شركة "إعمار للتطوير" أرباحاً ونمواً قبل خصم الضرائب والفوائد والاستهلاكات بمبلغ 4.5 مليار درهم إماراتي (1.2 مليون دولار أمريكي) بينما وصل صافي الربح إلى 4.1 مليار درهم إماراتي (1.1 مليار دولار أمريكي) بالمقارنة مع النصف الأول من 2022.
وارتفعت مبيعات الشركة المتراكمة إلى 59.6 مليار درهم إماراتي (16.2 مليار دولار أمريكي) سيتمّ تسجيلها كإيرادات خلال السنوات القادمة.
وقال السيّد محمّد العبّار، مؤسّس شركة إعمار: "إن النموّ المستمر الذي شهدته الشركة في الربع الثالث إنما هو دليل على التميّز وحسن استقراء أحوال السوق. والاتجاه التصاعدي في مبيعاتنا التراكمية يعكس كذلك الثقة الثابتة التي يضعها عملاؤنا في مشاريعنا، ما يؤكّد على أنها ما زالت تتطابق مع تطلّعات السوق". وأضاف: "وهذه الإنجازات لا تضع شركة إعمار للتطوير في طليعة القطاع وحسب، وإنما تعزّز أيضاً التزامنا بزيادة القيمة بشكل مستمرّ لمساهمينا الأوفياء".
تسليم المشاريع
في الأشهر التسعة الأولى من 2023، قامت شركة "إعمار للتطوير" بتسليم قرابة 7,800 وحدة سكنيّة عبر مواقعها الرئيسية المختلفة، بما فيها وسط مدينة دبي، ودبي كريك هاربور، والمرابع العربية، ودبي هيلز استيت، وإعمار بيتشفرونت، ومرسى دبي، وإعمار الجنوب. وبنهاية شهر سبتمبر من عام 2023، تكون إعمار قد قامت بتسليم أكثر من 66,000 وحدة سكنية، ولا يزال لديها أكثر من 27,000 وحدة سكنيّة قيد التطوير حاليّاً في دولة الإمارات العربية المتحدة.
Dubai, United Arab Emirates – November 09, 2023: Emaar Properties PJSC (DFM: EMAAR) announced its financial results for the first nine months of 2023 demonstrating operational excellence and sustained growth across its diverse portfolio.
Key Accomplishment Highlights
Emaar recorded nine-month 2023 revenues of AED 18.4 billion (US$ 5.0 billion) with net profit of AED 8.2 billion (US$ 2.2 billion) which grew 42% compared to the same period last year. This sustained performance was bolstered by growth in tourism, higher retail sales, and rise in real estate demand. Emaar also achieved a notable 29% growth in EBITDA, reaching AED 10.8 billion (US$ 2.9 billion) during the first 9 months of 2023, well exceeding the performance in the same period in 2022.
With a 16% year-over-year growth, Emaar achieved group property sales of AED 31.1 billion (US$ 8.5 billion) for the first 9 months of 2023. Enhanced by incremental property sales, the company's revenue backlog from property sales reached AED 69.5 billion (US$ 18.9 billion) as of September 30, 2023, indicating robust outlook for revenue recognition in the forthcoming years.
Mohamed Alabbar, Founder of Emaar, said: "Our results are a testament to Emaar's unwavering pursuit of excellence and innovation. With the continued surge in tourism, the launch of attractions like the Dubai Mall Chinatown, and the positive trajectory in property sales, we are honouring our commitment to both our loyal and new customers. Our financial performance, underscored by recent credit rating upgrades, reflects our strategic investments and their ensuing returns. As we approach the year's end, we remain confident and focused on further enhancing our operational efficiencies, thereby delivering even more value to our customers and stakeholders."
UAE Build-To-Sell Property Development
Emaar Development PJSC (DFM: EMAARDEV) maintained strong property sales momentum in Dubai in Q3. With the successful launches of 20 new projects in the UAE across all master plans, Emaar Development recorded strong property sales of AED 28.9 billion (US$ 7.9 billion) during the first nine-months of 2023, reflecting a growth of 25% over the same period in previous year (9M 2022).
During the first 9 months of 2023, Emaar Development reported revenue of AED 7.4 billion (US$ 2.0 billion) and achieved EBITDA of AED 4.5 billion (US$ 1.2 billion), a 36% growth over the same period in 2022. Together with other build-to-sell operations in the UAE, Emaar recorded total UAE build-to-sell revenues of AED 9.5 billion (US$ 2.6 billion).
Supported by sustained property sales in Q3 2023, revenue backlog from property sales in UAE increased to AED 59.6 billion (US$ 16.2 billion) as of 30 September 2023, representing Y-o-Y growth of over 60%, which is set to boost future revenues.
Shopping Mall, Retail, and Commercial Leasing
In the first nine months of 2023, Emaar’s shopping malls, retail, and commercial leasing operations reported a revenue of AED 4.3 billion (US$ 1.2 billion). During the same period, the portfolio achieved an EBITDA of AED 3.6 billion (US$ 980 million) a 36% increase over 9M 2022 after excluding gain on sale of Namshi in the first quarter of 2023 amounting to AED 700 million (US$ 191 million). This success is credited to robust tenant sales, which grew by around 25% compared to 9M 2022. Our mall assets achieved an impressive average occupancy rate of 97%.
In September 2023, Dubai Mall officially unveiled its latest additions: Dubai Mall Chinatown with a week-long China cultural event. This new extension, synergizing shopping, cultural facets, and an authentic oriental atmosphere, not only enhances the mall’s appeal but also strengthens the strategic economic ties between the UAE and China. Visitors stepping into this space are seamlessly transitioned into an oriental panorama, ranging from food and wellness to art and advanced technology, reaffirming Emaar’s commitment to continuously expand and refine its retail and leisure offerings.
Emaar International
Emaar’s international real estate operations achieved property sales of AED 2.2 billion (US$ 599 million) and recorded revenues totalling to AED 2.1 billion (US$ 572 million) during the first nine-months of 2023. This performance is primarily driven by operations in Egypt and India. Revenues from international real estate operations represent over 11% of Emaar’s total revenue.
Hospitality, Leisure, and Entertainment
In the first nine-months of 2023, Emaar’s hospitality, leisure, and entertainment divisions recorded AED 2.5 billion (US$ 681 million) in revenues, achieving an 22% growth compared to 9M 2022. The growth was mainly driven by the steady recovery in the tourism industry and strong domestic spending. Emaar’s UAE hotels, including those under management, reported an average occupancy of 70% in the first nine-months of 2023.
Recurring Revenue
Emaar’s 9M 2023 financial results show a 26% increase in revenue from its recurring businesses compared to same period last year (9M 2022); after excluding Namshi, which was sold in February 2023. The company's recurring revenue-generating portfolio, including malls, hospitality, leisure, entertainment, and commercial leasing, collectively generated revenues of AED 6.8 billion (US$ 1.9 billion) during 9M 2023 which represents 37% of Emaar's total revenue.
الإمارات العربية المتحدة، دبي، 09 نوفمبر 2023: أعلنت إعمار العقاريّة ش.م.ع. (DFM: EMAAR)، عن تحقيقها نتائج مالية قويّة في الأِشهر التسعة الأولى من عام 2023، وذلك بفضل النموّ المستدام والنجاح الذي تشهده عملياتها في جميع قطاعات أعمالها.
أبرز الإنجازات التي تمّ تحقيقها
سجّلت إعمار العقاريّة في الأشهر التسعة الأولى من 2023 إيرادات بلغت 18.4 مليار درهم إماراتي (5.0 مليار دولار أمريكي)، حيث بلغ صافي الأرباح 8.2 مليار درهم إماراتي (2.2 مليار دولار أمريكي) أي بنموّ بنسبة 42% مقارنة بالفترة نفسها من العام الماضي. ويعود الأداء الثابت للشركة إلى النمو الذي يشهده القطاع السياحي، وارتفاع مبيعات تجارة التجزئة، فضلاً عن الارتفاع في الطلب على المشاريع العقارية في دبي. كما حقٌّقت إعمار نموّاً في الأرباح قبل خصم الضرائب والفوائد والاستهلاكات بزيادة قدرها 29% حيث بلغت قيمة 10.8 مليار درهم إماراتي (2.9 مليار دولار أمريكي) في الأشهر التسعة الأولى من 2023، بأداء يتخطّى بشكل كبير الأداء الذي سجّلته في الفترة نفسها من العام 2022.
و بزيادة في النموّ قدرها 16% مقارنة بالأشهر التسعة الأولى من العام الماضي، حقّقت الشركة مبيعات عقاريّة في الأشهر التسعة الأولى من 2023 بلغت قيمتها 31.1 مليار درهم إماراتي (8.5 مليار دولار أمريكي). ومدعومة بمبيعات قوية شهدتها العقارات، بلغ حجم المبيعات المتراكمة من المشاريع العقاريّة 69.5 مليار درهم إماراتي (18.9 مليار دولار أمريكي)، والتي سيتمّ تسجيلها كإيرادات خلال السنوات القادمة.
وقال محمّد العبّار، مؤسّس شركة إعمار: "نتائجنا هي شهادة على سعي إعمار الدائم نحو التميّز والابتكار. فمع استمرار الازدهار في قطاع السياحة، وإطلاق معالم جديدة مثل "تشايناتاون" في دبي مول، والنهج الإيجابي في مبيعاتنا العقارية، نرسّخ التزامنا تجاه جميع عملائنا، وتحسّن تصنيفنا الائتماني يعكس استثماراتنا الناجحة." وأضاف: "مع اقترابنا من نهاية العام، نجدّد ثقتنا وتركيزنا على تعزيز كفاءاتنا التشغيلية، وتوفير قيمة أكبر لعملائنا وأصحاب المصلحة."
تطوير العقارات المعدّة للبيع في الإمارات العربية المتحدة
إعمار للتطوير ش.م.ع، المدرجة في سوق دبي المالي تحت الرمز (DFM: EMAARDEV)، واصلت زخم مبيعاتها القويّ في دبي في الربع الثالث من العام الحالي. ومع إطلاق 20 مشروعاً جديداً بنجاح في جميع مشاريعها المتكاملة الرئيسية، سجّلت في الأشهر التسعة الأولى من 2023 مبيعات عقاريّة بقيمة 28.9 مليار درهم إماراتي (7.9 مليار دولار أمريكي)، بزيادة في النموّ قدرها 25% مقارنة بالأشهر التسعة الأولى من عام 2022.
وخلال الأشهر التسعة الأولى من عام 2023، أعلنت شركة إعمار للتطوير عن إيرادات بلغت 7.4 مليار درهم إماراتي (2.0 مليار دولار أمريكي) وحققت أرباحاً قبل خصم الفوائد والضرائب والاستهلاك بقيمة 4.5 مليار درهم إماراتي (1.2 مليار دولار أمريكي)، بنمو قدره 36% مقارنة بالفترة نفسها من عام 2022.
وإلى جانب عمليات البيع الأخرى في دولة الإمارات العربية المتحدة، سجّلت إعمار للتطوير إجمالي إيرادات البناء للبيع في الإمارات بقيمة 9.5 مليار درهم إماراتي (2.6 مليار دولار أمريكي. ومدعومةً بمبيعات العقارات المستمرّة في الربع الثالث من عام 2023، ارتفع حجم المبيعات المتراكمة في الإمارات إلى 59.6 مليار درهم إماراتي (16.2 مليار دولار أمريكي) حتى تاريخ 30 سبتمبر 2023، ما يُمثل نمواً سنوياً يزيد على 60%، ومن المتوقّع أن يعزّز ذلك الإيرادات المستقبلية.
مراكز التسوّق، وأصول البيع بالتجزئة والتأجير التجاري
خلال الأشهر التسعة الأولى من عام 2023، سجّلت عمليات إعمار لإدارة المراكز التجارية والبيع بالتجزئة والتأجير التجاري بإيرادات بلغت 4.3 مليار درهم إماراتي (1.2 مليار دولار أمريكي). خلال نفس الفترة، حققت المحفظة أرباحًا قبل خصم الفوائد والضرائب والاستهلاك بقيمة 3.6 مليار درهم إماراتي (980 مليون دولار أمريكي)، وهو ما يمثل زيادة بنسبة 36% مقارنة بالفترة ذاتها من العام 2022 وبعد استبعاد الربح الناتج عن بيع نمشي في الربع الأول من عام 2023 والذي بلغ 700 مليون درهم إماراتي (191 مليون دولار أمريكي). ويعود هذا النجاح إلى مبيعات المستأجرين القوية التي نمت بنسبة حوالي 25% مقارنة بالأشهر التسعة الأولى من العام 2022. كما حققت أصول المراكز التجارية لدينا متوسّط معدّل إشغال مرتفع بلغ 97%.
وفي سبتمبر 2023، كشف دبي مول رسميًا عن أحدث إضافاته: تشايناتاون دبي مول، من خلال حدث ثقافي صينيّ استمرّ لمدّة أسبوع. ومن شأن هذه الإضافة الجديدة، التي تجمع بين التسوّق والجوانب الثقافية والأجواء الشرقية الأصيلة، أن تعزّز من جاذبية المركز التجاري، بالإضافة إلى ترسيخ الروابط الاقتصادية الاستراتيجية بين دولة الإمارات العربية المتحدة والصين. وعند دخول الزوّار إلى هذا المكان، فهم ينتقلون بسلاسة إلى لوحة شرقية، تتراوح بين الطعام والعافية والفنّ والتكنولوجيا المتقدّمة، مؤكدةً التزام إعمار بتوسيع وتحسين عروضها التجارية والترفيهية باستمرار.
إعمار الدوليّة
سجّلت العمليات العقارية لشركة إعمار الدولية مبيعات عقارية بلغت 2.2 مليار درهم إماراتي (599 مليون دولار أمريكي) وعائدات بلغ مجموعها 2.1 مليار درهم إماراتي (572 مليون دولار أمريكي) في الأشهر التسعة الأولى من 2023. وأتت هذه النتائج مدفوعة بشكل أساسي بعمليات الشركة في مصر والهند، علماً أن عائدات العمليات العقارية الدولية تشكّل 11٪ من إجمالي إيرادات إعمار.
إعمار للضيافة والترفيه والتسلية
في الأشهر التسعة الأولى من عام 2023، سجّلت أعمال الضيافة والتسلية والترفيه والتأجير التجاري لشركة إعمار إيرادات بقيمة 2.5 مليار درهم إماراتي (681 مليون دولار أمريكي)، بنموّ نسبته 22% مقارنةً بالفترة نفسها من العام 2022. ويأتي هذا الأداء نتيجة الانتعاش المستمرّ في قطاع السياحة والزيادة في نسبة الإنفاق المحلّي. حيث حقّقت الفنادق التابعة لإعمار للضيافة في الإمارات العربية المتحدة، بما في ذلك الفنادق المُدارة من قِبَلها، متوسّط إشغال بنسبة 70% خلال النصف الأول من عام 2023.
الأعمال ذات العوائد المتكرّرة
وفي الأشهر التسعة الأولى من 2023، سجّلت النتائج المالية زيادة في إيراداتها المتكرّرة بنسبة 26٪ مقارنة بالفترة نفسها من العام الماضي (أي الأشهر التسعة الأولى)، بعد استبعاد نمشي، التي تم بيعها في فبراير 2023. وقد أنتجت محفظة الشركة من الإيرادات المتكرّرة، والتي تشمل المراكز التجارية، والضيافة، والترفيه، والتسلية، والتأجير التجاري، إيرادات مجتمعة بلغت 6.8 مليار درهم إماراتي (1.9 مليار دولار أمريكي) خلال الأشهر التسعة الأولى من عام 2023، ما يمثل 37% من إجمالي إيرادات إعمار.
"If you want to avoid people-related failures in your transformation, M&A, or project, I encourage you to analyze those risks and correct any false beliefs about the existing surveys," writes Timo Järvinen, the founder of NayaDaya Analytics Inc.
According to McKinsey, "European talent is ready to walk out the door".
During this post-pandemic era, high levels of employee turnover and lack of skilled people are a fundamental risk for growth, competitiveness, and even survival. During transformations, post-merger integrations, and critical projects, companies become even more vulnerable to these people-related risks.
The worst thing you can do is to keep on doing what you have always done. To be content with old habits can be deceiving. One of these old ways is the misunderstanding that employee experiences and behavior could be understood, and the people-related risks identified by only asking questions with the traditional one-dimensional response scales.
To face the reality with the employees in your company, there are three things you should do: 1) identify the people risk levels, 2) reveal their root causes, and 3) find out the action points to minimize the employee turnover, quiet quitting, and decrease in productivity – and to engage and inspire people.
To unfold these crucial insights, you should not rely on the traditional tools and metrics. And why is that? Because in order to predict the people risk levels and their root causes, you need to be able to understand employee behavior, especially engagement and disengagement.
But wait a minute! Aren’t we measuring engagement, for example with employee surveys and pulses? We have done that for years and...
My point exactly. Everyone has executed those surveys and pulses for years – and many believe that they are measuring engagement.
A glimpse of science: emotional and behavioral science tells us that the traditional survey scales, such as satisfaction, do not correlate with engagement and disengagement. If you want to find out what is engaging or disengaging people, the traditional surveys are useless.
Employee engagement is not the same as feeling contentment – continuing as before and staying in the comfort zone. Engagement means dynamic actions, participating, and rolling up the sleeves when facing changes and challenges.
Unfortunately, satisfaction or even tendency to recommend one's employer do not indicate engagement. On the contrary, they correlate with passivity and even unwillingness to engage in anything new. This is particularly problematic during changes.
I have good news: new people-risk analytics, which is based on a scientific emotional and behavioral intelligence and a Finnish-Swiss innovation, is able to build the deepest insight into people-risks with the smallest effort you can imagine.
Traditionally, employers have executed long employee surveys 1-2 times a year or short pulse surveys quarterly, monthly, or even weekly. With the scientific method based on long-term emotions, you can run very short surveys only 1-4 times a year, depending on the intensity of the change. For example, three times a year is enough during the post-merger integrations.
The process is agile. Only three intuitive questions produce the needed input for the analytics. These three questions cover emotions, their strength, and the reasons behind the emotions in the context of an employer, a transformation, an integration, or a project.
Thanks to the amazing power of emotions and science, and our unique algorithm, the output reveals things that have not been even asked for. The analytics visualizes exactly those fundamental things you need to find out: 1) people-risk levels, 2) their root causes, and 3) the action points to minimize the people-related risks, e.g. talent walking out your door or the quiet quitting.
Instead of merely knowing the levels of contentment, you now will see where to focus actions to engage, motivate, and inspire people to not only stay in their jobs but to go the extra mile, to even become change-makers.
If your group has several, even tens or hundreds of companies, you can easily uncover and compare the people risk levels and their root causes in those business entities. Or if you execute many acquisitions every year, you can compare the success of the different post-merger integrations based on their engaging or disengaging influence. The same applies for multiple projects.
This way you are able to point out the companies, business entities, or integrations that are in crisis as well as to see the reasons behind each situation. You will also find out the companies or integrations with the high levels of positive employee engagement – and identify the reasons behind those successes.
As always, the coin has two sides: the people-risk analytics helps you 1) to avoid financial losses and losing growth opportunities, and 2) to take care of people and to build social sustainability. Both these aspects should be your focus if you want to be among the winners in an ever-increasing competition for the best talent.
If you want to be a part of this journey that deeply connects the valuable people and companies that are worth their commitment, please do not hesitate to contact us.
The writer of the blog post is CEO of NayaDaya Analytics Inc. Timo Järvinen.
Timo Järvinen, CEO, Co-founder
NayaDaya Analytics Inc.
Tel. +358 40 505 7745
timo.jarvinen@nayadaya.com
People risk analytics – brief information and prices
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The Finnish developer of the emotional and behavioral intelligence, NayaDaya Inc. has changed its name to NayaDaya Analytics Inc. The new name portrays the company's evolution, through science-based innovations, towards the unique people risk analytics and scalable robotics.
NayaDaya was founded seven years ago to promote global empathy by making it possible to express, understand, and pay attention to human emotions with a science-based technology. From the beginning, the scientific background was in the research and studies conducted by the University of Geneva, Switzerland.
On the built platform, data has been collected and analyzed in different contexts such as media news content, brands, employers, transformations, M&A, social phenomena, and sustainability. During the evolution of the solution, it has been used by many leading brands and public organizations in Finland. The development has been funded by Google, Business Finland, and NextGenerationEU.
"We are the most grateful for our customers, partners, and supporters who have made it possible to succeed in this long and demanding development journey. There is a lot of work ahead, but now our focus, product market fit, and business model are clear. It is inspiring to start the new phase with a new name," says Timo Järvinen, CEO and Co-founder of the company now named as NayaDaya Analytics Inc.
The words Naya and Daya originate in India. They symbolize different viewpoints and compassion. NayaDaya Analytics and the green symbol depict the combination of people and empathy, science and analytics, and engagement – especially during changes and transformations.
"Through stepping into the shoes of people, for example in transformations and M&A processes, it is possible to build both financial success and social sustainability. This is not just another employee survey or pulse, far from it. Our goal, to create the deepest insight into people risks with the smallest effort by customers, has been reached innovation by innovation," Timo Järvinen continues.
One of the groundbreaking innovations is an algorithm that predicts behavior, especially engagement and disengagement. Science and emotions make it possible – it is something that the traditional surveys and metrics cannot disclose. Further innovations include a science-based root cause analysis, an action plan automation, and an order-to-delivery process covered entirely by robotics.
The outcome is a totally scalable service platform which does not burden people. Only three standard questions are needed as an input. The output includes action points and even concrete recommendations, to reveal and avoid the people risks such as employee turnover and decrease in productivity.
"With our scientific people risk analytics we can provide our customers a standardized, effective, repeatable, and amazingly simple method to tackle the ever-increasing problem of employee and productivity loss, especially in transformations and post-merger integrations. Many studies confirm the magnitude of this challenge. Together with our agents and partners, it is now time to bring the value of this born-global multilingual analytics to companies and organizations worldwide," says Timo Salomäki, Chairman and Chief Product Officer of NayaDaya Analytics Inc.
"We are solving a global problem that is very expensive for companies and employers. Identifying and minimizing people risks strengthen sustainable and profitable growth. To carry out our mission, we need customers, partners, and agents. With angel investors, we are happy to discuss the ongoing funding round. More than half of it is already subscribed," Timo Järvinen points out.
The Finnish-Swiss science-based M&A analytics innovates the way people can be taken care of in the context of post-merger integrations. People risk analytics identifies the root causes leading to employee and productivity loss.
According to studies, most M&A processes fail, often due to people and culture related reasons. Integration pain points often lead to declining performance and employee turnover. Traditional surveys do not understand the impact of changes on engagement. Science tells us that, for example, the amount of satisfaction does not correlate with engagement at all.
This problem has been solved. Employee reactions and their root causes are easily revealed on a scientific emotional and behavioral intelligence platform. The smart process includes only three questions to employees. It is important to pay attention to people, and they should not be burdened with long surveys. Amazingly, the results uncover things that have not even been asked.
We arrange a 30 minutes webinar on the topic in English. NayaDaya Inc.'s founder Timo Järvinen and HR expert Maria Kausto-Turner explore these new perspectives. There are two webinars with the same content. Please choose the time that best suits your calendar.
Webinars are free of charge.
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You shoud sign up even if these times don't suit your calendar. We send the recording to all registrants.
Further Information
Timo Järvinen, CEO, Co-founder, NayaDaya Inc., tel. +358 40 505 7745, timo.jarvinen@nayadaya.com
The Finnish-Swiss science-based M&A analytics innovates the way people can be taken care of in the context of post-merger integrations. People risk analytics identifies the root causes leading to employee and productivity loss.
According to studies, most M&A processes fail, often due to people and culture related reasons. Integration pain points often lead to declining performance and employee turnover. Traditional surveys do not understand the impact of changes on engagement. Science tells us that, for example, the amount of satisfaction does not correlate with engagement at all.
This problem has been solved. Employee reactions and their root causes are easily revealed on a scientific emotional and behavioral intelligence platform. The smart process includes only three questions to employees. It is important to pay attention to people, and they should not be burdened with long surveys. Amazingly, the results uncover things that have not even been asked.
We arrange a 30 minutes webinar on the topic in English. NayaDaya Inc.'s founder Timo Järvinen and HR expert Maria Kausto-Turner explore these new perspectives. There are two webinars with the same content. Please choose the time that best suits your calendar.
Webinars are free of charge.
11.00-11.30 AM EEST (Eastern European Summer Time, e.g. FINLAND)
10.00-10.30 AM CEST (Central European Summer Time)
9.00-9.30 AM BST (British Summer Time)
3.00-3.30 PM SGT (Singapore Time)
5.00-5.30 PM EEST (Eastern European Summer Time, e.g. FINLAND)
4.00-4.30 PM CEST (Central European Summer Time)
3.00-3.30 PM BST (British Summer Time)
9.00-9.30 AM EDT (Eastern Daylight Time, USA)
You shoud sign up even if these times don't suit your calendar. We send the recording to all registrants.
Further Information
Timo Järvinen, CEO, Co-founder, NayaDaya Inc., tel. +358 40 505 7745, timo.jarvinen@nayadaya.com
Welcome to the 30-minute webinar to find out how to reveal the employee turnover risks in mergers and acquisitions.
Many studies show that mergers and acquisitions often fail due to people and cultural reasons. Under the surface, there may be pain points that cause employee turnover and productivity loss.
To see the risks, deal with their root causes, and avoid the financial losses, you should understand the levels of and reasons behind employee engagement and disengagement. However, people are usually burdened with traditional surveys that indicate only the positivity or negativity of experiences – and do not understand engaged or disengaged behavior at all.
NayaDaya® M&A Analytics is a Finnish-Swiss innovation that uses emotions, science, and data to predict employee behavior in M&A – during due diligences and post-merger integrations. The standardized process and exceptionally intuitive tools make it amazingly easy to identify the people risks levels and the concrete root causes for people leaving their jobs or losing their performance.
CEO & Co-founder Timo Järvinen and Director & Partner Maria Kausto-Turner from NayaDaya Inc., a Finnish company focusing on people risks analytics, will show you how the game-changing innovation reveals business critical things that are not even asked from employees.
You are warmly welcome! The webinars are free of charge. We will send a webinar recording to all registrants – it's worth registering even if the time doesn't work!
We will have two similar webinars, from which you can choose the one that fits your calendar:
11.00-11.30 AM EEST (Eastern European Summer Time, e.g. FINLAND)
10.00-10.30 AM CEST (Central European Summer Time)
9.00-9.30 AM BST (British Summer Time)
3.00-3.30 PM SGT (Singapore Time)
5.00-5.30 PM EEST (Eastern European Summer Time, e.g. FINLAND)
4.00-4.30 PM CEST (Central European Summer Time)
3.00-3.30 PM BST (British Summer Time)
9.00-9.30 AM EDT (Eastern Daylight Time, USA)
Further Information
Timo Järvinen, CEO, Co-founder, NayaDaya Inc., tel. +358 40 505 7745, timo.jarvinen@nayadaya.com
A Shining Gem Among the Best
This esteemed accolade acknowledges the dedication, creativity, and passion that have collectively transformed La Perle into a global sensation. The remarkable experiences we craft and the exceptional service we provide have resonated with travelers worldwide, earning us a place among the finest attractions in the world as a cornerstone of live entertainment in Dubai and throughout the region.
Setting a New Standard of Excellence
By achieving this remarkable milestone, we are not only affirming La Perle's standing as a world-class destination but also showcasing the outstanding talents of the entire cast & crew. The show has earned its place on the world stage as an artistic phenomenon in the region that emphasizes its position as a truly world-class act that seals Al Habtoor City as a premiere entertainment and lifestyle destination.
Honoring Al Habtoor Group’s Vision and Leadership
As we celebrate this extraordinary achievement, we extend La Perle’s heartfelt gratitude to Al Habtoor Group’s Founding Chairman, Khalaf Ahmad al Habtoor and Vice Chairman and CEO, Mohammed Khalaf al Habtoor, for their visionary leadership and unwavering support that has played a pivotal role in guiding La Perle to new heights of success, and this Traveler's Choice Award is a reflection of his commitment to excellence.
Inspiring the Future
This accolade inspires us to continue raising the bar, captivate audiences, and create experiences that leave an indelible mark. With all the joint efforts across all business units at Al Habtoor Group, we are confident that La Perle will continue to shine brightly on the global stage.
Established in 2001, N.Bar is the Middle East’s first chain of dedicated nail treatment bars and the first to transform routine nail care into an ‘experience’. The innovative concept revolutionized the notion of nail treatment in the region, turning what was previously a side service in beauty salons into a dedicated philosophy for nail care.
N.Bar’s goals are to continuously provide innovation to the nail & beauty industry through fast, hygienic and advanced professional nail treatments delivered in a unique multi-service environment with customer experience at the heart of everything they do.
The countless accolades including Best Nail Salon UAE (International Spa & Beauty Awards), Favorite Nail Salon (What’s On Awards) and Best Nail Bar UAE (Professional Beauty) are testament to the fact that N.Bar has cemented its position as the most successful and progressive chain of nail bars in the UAE.
N.Bar has perfected the client experience and applied new thinking to the traditional nail bar, all of which has been passed on to each franchisee. Everything from the minimal and clean interior design to the excellent technical abilities of its 250+ strong team of employees has proved critical in the rapid growth of this brand. Today, N.Bar has 25 nail bars that are all incentivized to be trendsetting, empowering and inimitable.
According to a report by ResearchAndMarkets, the global nail salon market was valued at USD 9.7 billion in 2020 and is expected to grow at a CAGR of 4.5% from 2021 to 2028. The report also notes that the demand for high-quality professional nail services is driving the growth of this market.
N.Bar has attracted a loyal client base of 120,000+ women, including the UAE’s leading influencers, entrepreneurs and celebrities. N.Bar is now seeking accomplished franchise partners across the globe to join our journey in answering the growing demand for quality Nail Salons in the Middle East and the world.
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About N.BAR
We are surrounded by strong women such as the inspirational Negin Fattahi-Dasmal, who launched N.Bar in 2001 as a go-to destination for real women looking for real results. A trendsetting nail bar where you can end a working week, start a night out, or simply unplug and put life on hold for a moment.
The flagship store opened its door in March 2001 at the Palm Strip Mall in Dubai brining to life and to the region, for the first time, a brand that specialized in nail care. Now, there are 16 N.BAR outlets located in prime locations across the UAE.
About FRANCORP MIDDLE EAST
Francorp has assembled the most qualified and experienced team in the industry – a team that is still creating new success stories today. Our experience has taught us where the pitfalls are and how to avoid them. Our headquarters has a rich history and tradition. We invite you to take a peek at our facility, and learn about the services we offer.
We bring more than 24 years’ senior experience forging of collaborations across government.
Established in 1976, Francorp is one of the largest and oldest franchise-consulting firms globally, with presence in more than forty five countries. Over the years, Francorp has assisted more than 16,000 companies plans for expansion, and has developed more than 6000 full franchise programs.
The depth of Francorp’s experience with successful franchising and the quality of our services has made us the industry leader. This is due, in part, to the Francorp Proven Method – a 20 step system for developing successful franchises.
We love sharing the success stories of our clients who have developed a relationship with Francorp, used our services, and reaped the benefits of our knowledge and expertise. These include Mc Donald’s, AMPM, ACE Hardware, BP, Budget, Holiday Inn, Hershey Foods, Ryder Trucks, Popeye’s Fried Chicken, Discovery Zone, KFC, Nestle, Fitness First, Kidzania, Under Armour, Inglot, Tony&Guy, Carefour, Hallmark, Buffallo Wild Wings, Shell, Total, Texaco, Valvoline and many more.
For further information, please click here: www.francorpme.com
أعلن صندوق خليفة لتطوير المشاريع إطلاق بوابته الإلكترونية الجديدة، حق الامتياز في دولة الإمارات «فرنشايز الإمارات»، بالشراكة مع شركة «فرانكورب الشرق الأوسط» المتخصصة في مجال تطوير حقوق الامتياز
وأوضح الصندوق في بيان أن البوابة ستوفر مجموعة من خدمات الدعم القيّمة لرواد أعمال حق الامتياز في إمارة أبوظبي، وتعد محطة متكاملة تجمع جميع الخدمات المتعلقة بحق الامتياز والمصممة خصيصاً لتشجيع رواد الأعمال والشركات على التوسع والانتشار عن طريق منح (بيع) أو الحصول على (شراء) حق الامتياز، وتسهيل الإجراءات المتعلقة بها وإتاحتها.
وصممت بوابة حق الامتياز في الإمارات خصيصاً لتلبي احتياجات المشروعات المحلية القائمة والناشئة، ورواد العمال الذين يتطلعون إلى الاستثمار في مفهوم أو علامة تجارية قائمة وموجودة في السوق.
وتتضمن البوابة قناتين رئيستين، الأولى مخصصة لدعم المشروعات في عمليات شراء وبيع حق الامتياز، بينما تنقسم القناة الثانية إلى مرحلتين، تتألف المرحلة الأولى من: دراسة إمكانية الحصول على حق الامتياز، واستطلاع واختبار قابلية منح حق الامتياز، وتقرير تدقيق حق الامتياز، في حين أن المرحلة الثانية تتألف من برنامج تطوير حق الامتياز، وهو عبارة عن خدمة شاملة تمكّن المشروعات من إطلاق حملة تسويق ومبيعات، وتطوير برنامج حق امتياز متكامل، إضافة إلى خدمات التوظيف والتدريب والصيانة لمشاريع حق الامتياز
http://franchiseuae.ae/ar/
Dubai, United Arab Emirates – A Splashtacular Eid al-Adha weekend awaits you and your family & friends in Dubai’s Most Spectacular Show with ticket rates starting from 159 AED when you book 4 or more! To make this celebration even more splashtacular, one lucky guest gets to win an exciting prize ranging from La Perle VIP Tickets and merchandise, a complimentary voucher for 2 persons to enjoy the new Sunday Lunch - A La Française in BQ French Kitchen & Bar, a dinner for 2 at Il Pastaio or a 1-night stay in one of Al Habtoor City’s 5-star hotels.
Celebrate this momentous occasion with your friends and family as you are treated to a night of world-class live entertainment. Performed in an immersive state-of-the-art theatre, be amazed with breathtaking gravity-defying acrobatic acts & stunts such as bungees, silk, and the heart-stopping 18-meter-high dive. Let your imagination transport you into an enthralling world as you witness cascading waterfalls and a stage that gets flooded and dried within seconds, and an overall theatric atmosphere enhanced by high-definition 3D mapping.
Exclusively this Eid al-Adha weekend, book your show tickets and get a chance to win one of the exciting prizes to be given away during this celebratory evening. The wonderful gifts include BQ French Kitchen & Bar’s newest addition to its culinary offering or a gastronomical journey to the heart of Italy in Il Pastaio. Sensational prizes also include a 1-night stay in one of Al Habtoor City’s favorite staycation destinations. Experience the world of elegance at Habtoor Palace Dubai, admire the Dubai Water Canal and skyline views at Hilton Dubai Al Habtoor City, or be who you should be at V Hotel Dubai.
The Splashtacular Eid al-Adha celebrations take place on June 28 - 30 at both 6:30PM and 9:00 PM show.