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INFRASTRUCTURAL DEVELOPMENT - SHOPPING, LEISURE AND ENTERTAINMENT CENTRES

Yas Mall attracts more than 250,000 visitors on first Eid Al Fitr day

Posted on 29/06/2017

Yas Mall, a leading entertainment and shopping destination located in the heart of Yas Island, witnessed a large turnout of 250,000 visitors and shoppers on the first Eid al Fitr day, which saw the discount campaign launched by the mall for the first time in the capital, Abu Dhabi. The visitors and shoppers, included tourists from Gulf Cooperation Council States, who spent their vacation in the UAE and stayed at Yas Island's hotels, while many top destinations on Yas Island held several ...  >>MORE

Dubai retail sector sees robust commercial activity in Q1, 2017

Posted on 22/05/2017

The Business Registration and Licensing, BRL, sector in Dubai Economy has issued 5,646 commercial permits during the first quarter (Q1) of 2017 as the emirate witnessed hectic commercial activity during the period. Advertising accounted for the largest share of 28 percent with 1,604 permits while the emirate's flagship retail sector stood second with 1,387 permits, or 24 percent of the total, underlining Dubai's prominence as a hub for shopping and doing business. 1,061 permits were issued ...  >>MORE

Mohammed bin Rashid leads official groundbreaking of Meydan One Mall development

Posted on 16/03/2017

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has officially launched the groundbreaking of the new Meydan One Mall development. During an evening ceremony attended by VIP guests and regional and international retailers, His Highness Sheikh Mohammed led the delegation at the development site and broke the first ground for construction. The centre point of the much anticipated Meydan One mega development, the Meydan One ...  >>MORE

Dubai Mall awarded world’s first five-star accreditation for service excellence

Posted on 05/01/2017

The Guest Services Department at Dubai Mall was awarded two prestigious citations, including a five-star accreditation by The International Standard for Service Excellence (TISSE2012), making it the first mall in the world to receive the certification, and the ISO 10002:2014 quality management system for customer satisfaction. The accreditations were awarded following a series of comprehensive and in-depth evaluations. Awarded by The International Customer Service Institute, TICSI, the ...  >>MORE

Dubai Municipality spends AED2.5 billion to develop markets

Posted on 26/12/2016

Aimed at revitalising economic activity in the emirate of Dubai, the Dubai Municipality is carrying out many development projects including construction of new markets and commercial complexes, and expansion and maintenance of existing markets at a total cost of AED2.5 billion. Hussein Nasser Lootah, Director-General of the municipality explained that the civic body manages about 5,000 shops, warehouses and cafeterias in 14 different markets in the emirate constructed at a cost of more than ...  >>MORE

Emaar Malls records 16% growth in net profit to AED 1.42 bn in the first nine months of 2016

Posted on 07/11/2016

Emaar Malls, the shopping malls and retail business majority-owned by global property developer Emaar Properties, has recorded a net profit of AED 1.42 billion (US$ 387 million) during the first nine months (January to September) of 2016, an increase of 16 per cent over the same period last year at AED1.22 billion (US$ 332 million). The total revenue for the first nine months of the year was AED 2.39 billion (US$ 651 million), which is 10 per cent higher than the revenue of AED 2.17 billion ...  >>MORE

Mohammed bin Rashid inspects work at Dubai Parks and Resorts

Posted on 30/10/2016

Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has inspected the finishing touches at LEGOLAND and Riverland Dubai at the Dubai Parks and Resorts, the largest joint theme park destination in the Middle East. The two parks will be opened to the public in the next two days. The project is spread across 30 million square feet of land, strategically located on Sheikh Zayed Road between Dubai and Abu Dhabi, and is close to the Expo 2020 ...  >>MORE

Construction of AED1 billion Gate Avenue at DIFC set to begin

Posted on 26/10/2016

Construction will shortly begin on the much anticipated Gate Avenue at DIFC, the new urban premium lifestyle, cultural and entertainment development at the heart of Dubai International Financial Centre that promises to change the face of urban space and living in Dubai. Habtoor Leighton Group (HLG); a leading specialist contractor in the region was awarded the AED 500 million contract, meaning construction and land preparation can get underway for one of the biggest property projects in Dubai. ...  >>MORE

Abdulaziz bin Humaid Foundation launches Mosaic Market in Al Safia Park-Ajman

Posted on 23/10/2016

Abdulaziz bin Humaid Foundation has announced the launch of the Mosaic Market at Al Safia Park in the Emirate of Ajman from 11th November 2016 to 14th January 2017. The weekend market, part of the Mojtamie Programme (societal programme), will open to visitors every Friday and Saturday from 3 p.m. to 10 p.m. The open-market concept is being introduced for the first time in the emirate. Businesspeople and members of the community who are interested in renting a booth at the market are ...  >>MORE

Shoppers throng Ramadan Night Market

Posted on 01/07/2016

Do you need retail therapy at 1am? Are you craving food well after midnight? Head to the Ramadan Night Market. Open from 8pm to 2am daily, the market is drawing bargain hunters, foodies and fun-seekers by the hundreds every night. From clothes, shoes, accessories, jewellery, cosmetics and much more, 300 stalls cater to every taste of a shopper in addition to a food court, entertainment and children's play area. Expected to attract some 100,000 people in total over the 10 days of its ...  >>MORE

UAE ranks 7th global retail hotspot

Posted on 13/06/2016

The UAE ranks 7th leading global retail market and remains an attractive and relatively low-risk market for retailers, with highest sales per capita in the region, a new study has revealed. The Global Retail Development Index (GRDI), which ranked China, India and Malaysia as the top three global retail hotspots, placed Saudi Arabia as eighth retail destination. "Mall activity remains strong in the UAE: 2015 saw Mall of the Emirates open its 36,000-square-meter extension and Majid Al Futtaim's ...  >>MORE

Majid Al Futtaim to boost total investment in the United Arab Emirates to AED 48 billion by 2026

Posted on 02/06/2016

The Middle East and North Africa's leading shopping mall, retail and leisure pioneer, Majid Al Futtaim, yesterday unveiled a strategic development plan that will see the company increase its total investment in the United Arab Emirates (UAE) by AED 30 billion by 2026, taking its total investment in the country to AED 48 billion. The investments, which reaffirm the company's long-standing commitment to its home market, include both new projects and the expansion of existing assets. The plan will ...  >>MORE

Dubai malls bring Pictionary to life for a good cause

Posted on 17/05/2016

Shoppers at some of the emirate's biggest malls will get the chance to show off their artistic side and help a good cause this month. They will be able to try their hand at a life-size version of the popular board game Pictionary at Mall of the Emirates, City Centre Deira, City Centre Mirdif, and Me'aisem and Al Shindagha malls. There will be prizes and some of the best drawings will be turned into soft toys to go to needy children at home and abroad. "It will be a big hit with the public ...  >>MORE

Reem Mall recognised by Abu Dhabi Urban Planning Council for sustainable design efforts

Posted on 15/05/2016

Reem Mall, Abu Dhabi's major new up and coming retail, leisure, dining and entertainment destination, has yesterday announced that it has been awarded the Estidama 2 Pearl Design Rating by the Abu Dhabi Urban Planning Council (UPC). Estidama is an initiative developed and promoted by the UPC for large-scale sustainable urban developments. It seeks to promote thoughtful and responsible development through the creation of a balanced society based on four equal pillars of sustainability: ...  >>MORE

Emaar brings ‘mini-Dubai’ to London’s Harrods

Posted on 28/04/2016

Emaar Properties has brought a taste of Dubai to one the world's most famous department stores as it attempts to attract foreign investors amid the property slowdown in the emirate. The Dubai developer, builder of the Burj Khalifa, is launching and exhibiting its latest project at Harrods in London until mid-August. Visitors can experience interactive video displays, and view large scale models of Dubai Creek Harbour, Dubai Hills Estate and The Opera District. The models include The Tower, ...  >>MORE

Emaar Malls records net profit growth of 22% to AED 529 million in first quarter of 2016

Posted on 27/04/2016

Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by global property developer Emaar Properties, reported first-quarter (January to March) 2016 net profit of AED 529 million (US$ 144 million), 22 per cent higher than the Q1 2015 net profit of AED 433 million (US$ 118 million). Rental income for the first three months of the year is AED 833 million (US$ 227 million), a growth of 14 per cent over Q1 2015 rental income of AED 731 million (US$ 199 million). ...  >>MORE

Retail, leisure and green spaces at DIFC’s new Gate Avenue development

Posted on 27/04/2016

Dubai International Financial Centre has unveiled details of Gate Avenue, its new Dh475 million development, the biggest single infrastructure project it has launched since it opened 12 years ago. The project – expected to be completed by the end of 2017 – is a vital component of DIFC's strategy to triple in size by 2024. It will create a new retail and leisure destination in the heart of Dubai's financial district. "This is a significant step towards accomplishing our 2024 growth strategy ...  >>MORE

UAE's retail market expected to reach AED200 billion by 2017, growing by 5% on average each year: Dubai Chamber

Posted on 12/04/2016

Retailing in the UAE is expected to reach AED 200 billion by 2017, growing by a 5% on average each year, according to an analysis by the Dubai Chamber of Commerce and Industry. Consumer spending is also expected to continue rising in the medium-term, with growth rates projected to stabilise at about 4% on average per year leading to a total spending of more than AED 750 billion by 2017 across many categories, the analysis adds. The Dubai Chamber analysis, based on data from Euromonitor, ...  >>MORE

Dubai closes in on global retail leadership

Posted on 09/04/2016

Those 80 million plus visitors who pass through each year certainly made a point — The Dubai Mall ranks higher than London's Regent Street and New York's Fifth Avenue in the overall quality of its retail offerings. And, yes, it's ahead of the Champs-Elysees in Paris, according to the latest "Global Retail Destination” from Savills, the UK consultancy. In terms of city rankings, New York leads the way, and ahead of London and Hong Kong (tied in second place) and followed by Dubai. (In all, the ...  >>MORE

Dubai Chamber analysis highlights sustained momentum in Dubai’s retailing market

Posted on 07/04/2016

Dubai's retailing market size in 2015 is estimated to have reached US$35.4 billion, witnessing sustained annual growth rates of 3.5 per cent to 7.5 per cent since 2010, according to an analysis by the Dubai Chamber of Commerce and Industry based on data from Euromonitor International, prepared ahead of the World Retail Congress which will take place next week. Consumer spending is expected to support the retailing activity to expand by 7.7 per cent in 2016, with growth thereafter at a CAGR of ...  >>MORE

Mohammed bin Rashid visits City Walk Dubai

Posted on 21/02/2016

Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, yesterday visited City Walk, the newest addition to Dubai's development, after the completion of phase 2 of the project. Sheikh Mohammed congratulated the staff of Meeras Holding, developed of the project, on the achievement. He stressed the importance of working continuously to provide a safe and joyful life for people in the country through development, tourism and entertainment projects ...  >>MORE

Mohammed bin Rahid opens expansion of 2nd phase of Dragon Mart 2 in Dubai

Posted on 10/02/2016

Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, yesterday opened the 2nd expansion of Dragon Mart 2 in Dubai. Sheikh Mohammed, accompanied by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, attended the electronic panorama which reflects the designs and sections of the new building of the mart. The mart's total cost stood at ...  >>MORE

Jubail New Market gets transformed into underground treasure trove during Sharjah Light Festival

Posted on 10/02/2016

Sharjah Light Festival has been attracting visitors from within the country and the region to witness the innovative shows that transform the various landmark buildings and locations in the emirate into works of art. The remarkable Jubail New Market features as one of the 10 new shows of the Sharjah Light Festival 2016, which is currently celebrating its sixth successful year. Jubail New Market is hosting the show, ‘Deep Down Under', a video mapping projection by Romain Lamy. The busy market ...  >>MORE

Dragon Mart, Burj Al Arab gear up for Chinese New Year

Posted on 05/02/2016

Dragon Mart, touted as Dubai's unofficial China Town, is gearing up for the Chinese New Year celebrations with cultural performances and dragon dances to usher in the Year of the Monkey beginning on February 8. Dragon Mart 1 and the newly-opened Dragon Mart 2 will host the Chinese New Year celebrations beginning February 8 with dragon dances, face changing shows, teapot shows, aerial performances, Kung Fu, and Chinese traditional dances. A group of performers are flying in from China to ...  >>MORE

Abu Dhabi’s Yas Mall hits shopping milestone

Posted on 04/02/2016

Twenty million visitors have visited Abu Dhabi's first super-regional shopping centre at Yas Mall since it opened in November 2014 – roughly the equivalent of seven visits over the year by every person living in Abu Dhabi emirate. According to the Abu Dhabi developer Aldar, which owns the 235,000 square metre mall on Yas Island, close to the capital's main airport, a total of 18 million shoppers visited last year alone. To put that in context, according to Statistics Centre Abu Dhabi, the ...  >>MORE

Reem Mall developers gets detailed planning approval from Abu Dhabi's Urban Planning Council

Posted on 14/01/2016

Developers for Reem Mall, the UAE capital's up and coming leisure, shopping, entertainment and dining destination, yesterday announced that the $1 billion project has been granted detailed planning approval by the Abu Dhabi Urban Planning Council, UPC, marking the final go-ahead required to take the project to the next stage only six months after the mall's concept plans were approved, a rapid turnaround for a project of this scale. More than 100 senior Abu Dhabi government and business ...  >>MORE

Marina Mall Abu Dhabi’s ‘mammoth’ surprise

Posted on 09/12/2015

Giant footsteps were imprinted in Abu Dhabi as Marina Mall unveiled the UAE's latest historical attraction, a 15,000 year-old Woolly Mammoth, in the presence of H.H. Dr. Sheikh Sultan bin Khalifa bin Zayed Al Nahyan, Advisor to the President of the UAE and Chairman of the National Investment Corporation. The event was also attended by a number of VIP guests, Marina Mall Management, and natural history fans. Commenting on the big reveal, Nikolaos Kontos, Head of Marketing at Marina Mall – Abu ...  >>MORE

Global Village returns with a bang

Posted on 02/11/2015

Global Village, the region's largest outdoor family destination and theme park, opens on Tuesday with an enhanced infrastructure and a slew of other additions to add to visitors' cultural experience, officials announced on Sunday. Returning even bigger in its 20th season this year, the theme park will run for 159 days with 32 pavilions and more than 75 countries represented, compared with the 70 listed last year. With the expanded line-up of attractions, concerts and entertainment for adults ...  >>MORE

The wait is over - Middle East’s first and second Apple stores open in Dubai and Abu Dhabi

Posted on 31/10/2015

They turned up in their hundreds, if not thousands, to witness the opening of the first Apple store in the Middle East at Dubai's Mall of the Emirates on Thursday afternoon. The snaking queue – shepherded by airport control tape and a 20-strong team of security staff – outside the store had been started on Tuesday evening by a suitably enigmatic Apple aficionado who said he had witnessed 40 Apple store openings – but didn't want to give his name. As the shop opened, he was greeted like a ...  >>MORE

Abu Dhabi's Reem Mall: World's largest indoor snow-play park

Posted on 31/10/2015

The developers of Dh3.67-billion Reem Mall, Abu Dhabi's new shopping and leisure destination, will be home to the world's largest indoor snow-play park. The announcement marks another major entertainment destination for the UAE capital, as it continues to enhance its position as a global tourism and leisure hub. The 125,000 square feet attraction is set to include a variety of activities and experiences to be enjoyed by the entire family – from sledging to zorbing to luge. Developed by the ...  >>MORE

UAE ranked Middle East’s most attractive retail market, eighth globally: Arcadis report

Posted on 30/10/2015

A recent report from built asset consultancy, Arcadis, has revealed that the UAE's strong infrastructure and business friendly environment make the country an attractive market for retailers. The report ranked the UAE first in the Middle East and eighth globally when it comes to market attractiveness for retailers. Commenting on the study, Bassam Saleh, Marketing Manager, Al Bawadi Mall, said that the UAE is far above any other retail market in the region, and scoring high globally. Mr Saleh ...  >>MORE

Nakheel awards Dh2.3 billion construction contracts for major retail projects

Posted on 18/10/2015

Dubai-based master developer Nakheel has awarded nearly Dh2.3 billion construction contracts for three major retail portfolio projects. The company has confirmed in a statement, the builders of Deira Islands Night Souk, Warsan Souk and The Circle Mall, which, combined, offer nearly 2.3 million square feet of retail space and over 6,700 shopping, dining and entertainment outlets. It signed contracts with the following companies: Dh1.17 billion contract with United Engineering Construction LLC ...  >>MORE

Dubai tops the list of shopping destinations for Muslims

Posted on 30/09/2015

Dubai has been ranked the number one destination in the world for Muslims to travel to for shopping purposes, according to a new report released by MasterCard and CrescentRating ahead of the upcoming Global Islamic Summit to be held in Dubai. The Muslim Travel Shopping Index 2015 (MTSI 2015) was released during MasterCard's Innovation Forum in Kuala Lumpur. It analyses the trends and preferences of the Muslim traveller shopping market based on the performance of 40 main international shopping ...  >>MORE

ADCB and Gulf Related sign Dh2.3 billion agreement

Posted on 29/09/2015

Abu Dhabi Commercial Bank, ADCB, and Gulf Related have signed a Dh2.3 billion agreement to provide senior debt project financing for the construction of Al Maryah Central mixed-use retail development, scheduled to open in March 2018. The financing agreement is the largest of its kind in the region for Gulf Related and its owners, Gulf Capital and Related Companies, further highlighting the strong reception and institutional support for Al Maryah Central development. The 2.3 million sq. ft. ...  >>MORE

UAE retailers ready for rush of shoppers during Eid break

Posted on 23/09/2015

Malls and food distributors are gearing up for a bumper sales week as shoppers prepare to splash their cash for the Eid Al Adha holiday. A huge influx of visitors from neighbouring countries including Saudi Arabia and Oman is expected over the period. The Eid Al Adha break for staff at all government ministries and federal bodies begins today, with work resuming on Sunday. Private sector workers also start their holiday today, returning on the Saturday. "We are already witnessing increasing ...  >>MORE

Dubai wins bid to host 10th World Retail Congress

Posted on 13/09/2015

Dubai has won the bid to host the 10th World Retail Congress 2016, adding another feather to its cap of achievements as an international business and retail destination. The announcement came during the concluding day of the 9th Congress in Rome where Dubai Chamber of Commerce and Industry-led trade mission participated. As part of its strategy to promote Dubai's business attractiveness to international investors, the Dubai delegation was led by Majid Saif Al Ghurair, Chairman, and included ...  >>MORE

Details revealed for Dubai giant water slide

Posted on 10/09/2015

The wait is almost over for those eager to try out Dubai's latest attraction, City Slide – a 500-metre inflatable water-flume thrill ride. Adventure seekers will be able to whizz down the slides at Dubai Autodrome on September 25 and 26, propelled by jets of soapy water as they try to keep their balance on inflatable rubber rings. The fun does not stop there. "As well as the two waterslides, Du Live City Slide will also have water fights, the Aqua Ride, a DJ arena and live music from ...  >>MORE

Dubai’s Mall of the World master plan revamped for transport system

Posted on 09/09/2015

The master plan for Dubai Holding's Mall of the World has been reworked to make it a more transport-friendly location, said the development's new chief operating officer Morgan Parker. The layout of the site has been changed to make it more "permeable”, with roads running through to create a series of retail boulevards. An integrated transport hub linking the metro, three tram lines – including a branch to Arabian Ranches – and a major new bus interchange will also be a feature of the site, Mr ...  >>MORE

Dubai Holding appoints Chief Operating Officer of Mall of the World

Posted on 09/09/2015

Dubai Holding has announced yesterday the appointment of Morgan Parker as Chief Operating Officer of Mall of the World. Morgan joins Dubai Holding from the Rockefeller family-owned global private equity firm, Rose Rock, where he served as CEO. His experience as a senior executive at Morgan Stanley, Taubman Centres and Lend Lease, spans two decades as developer, investor and banker in all Asia Pacific markets, completing 65 projects in nine countries. Morgan's versatility and wealth of ...  >>MORE

Lego certified stores coming to Dubai

Posted on 27/08/2015

Majid Al Futtaim (MAF), a Dubai-based retail and hospitality conglomerate, plans to bring Lego certified stores to Dubai for the first time. The stores will open in Mall of the Emirates, City Centre Mirdif in August, and The Dubai Mall later this year. It also plans to have stores in Kuwait this year (360 Mall and The Avenues). The first Lego certified store in the Middle East opened at Abu Dhabi's Yas Mall in November 2014. Lego is a popular line of construction toys consisting of ...  >>MORE

Nakheel continues push into Dubai retail with second Al Furjan mall

Posted on 12/08/2015

Nakheel's aggressive push into Dubai's retail market shows no sign of abating as it presses on with community malls, with another planned at Al Furjan. The developer plans to announce the project imminently, according to people with knowledge of the matter. The second mall at Al Furjan – a development with plans for 2,200 villas near Jebel Ali, built by Nakheel and third parties – follows the first, which is fully leased and set to open this year. Nakheel's new mall will be located near a ...  >>MORE

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Quick List

Yas Mall attracts more than 250,000 visitors on first Eid Al Fitr day


Dubai retail sector sees robust commercial activity in Q1, 2017


Mohammed bin Rashid leads official groundbreaking of Meydan One Mall development


Dubai Mall awarded world’s first five-star accreditation for service excellence


Dubai Municipality spends AED2.5 billion to develop markets


Emaar Malls records 16% growth in net profit to AED 1.42 bn in the first nine months of 2016


Mohammed bin Rashid inspects work at Dubai Parks and Resorts


Construction of AED1 billion Gate Avenue at DIFC set to begin


Abdulaziz bin Humaid Foundation launches Mosaic Market in Al Safia Park-Ajman


Shoppers throng Ramadan Night Market


UAE ranks 7th global retail hotspot


Majid Al Futtaim to boost total investment in the United Arab Emirates to AED 48 billion by 2026


Dubai malls bring Pictionary to life for a good cause


Reem Mall recognised by Abu Dhabi Urban Planning Council for sustainable design efforts


Emaar brings ‘mini-Dubai’ to London’s Harrods


Emaar Malls records net profit growth of 22% to AED 529 million in first quarter of 2016


Retail, leisure and green spaces at DIFC’s new Gate Avenue development


UAE's retail market expected to reach AED200 billion by 2017, growing by 5% on average each year: Dubai Chamber


Dubai closes in on global retail leadership


Dubai Chamber analysis highlights sustained momentum in Dubai’s retailing market


Mohammed bin Rashid visits City Walk Dubai


Mohammed bin Rahid opens expansion of 2nd phase of Dragon Mart 2 in Dubai


Jubail New Market gets transformed into underground treasure trove during Sharjah Light Festival


Dragon Mart, Burj Al Arab gear up for Chinese New Year


Abu Dhabi’s Yas Mall hits shopping milestone


Reem Mall developers gets detailed planning approval from Abu Dhabi's Urban Planning Council


Marina Mall Abu Dhabi’s ‘mammoth’ surprise


Global Village returns with a bang


The wait is over - Middle East’s first and second Apple stores open in Dubai and Abu Dhabi


Abu Dhabi's Reem Mall: World's largest indoor snow-play park


UAE ranked Middle East’s most attractive retail market, eighth globally: Arcadis report


Nakheel awards Dh2.3 billion construction contracts for major retail projects


Dubai tops the list of shopping destinations for Muslims


ADCB and Gulf Related sign Dh2.3 billion agreement


UAE retailers ready for rush of shoppers during Eid break


Dubai wins bid to host 10th World Retail Congress


Details revealed for Dubai giant water slide


Dubai’s Mall of the World master plan revamped for transport system


Dubai Holding appoints Chief Operating Officer of Mall of the World


Lego certified stores coming to Dubai


Nakheel continues push into Dubai retail with second Al Furjan mall