Top Longstanding Exhibitor to Showcase Wide Range of Industrial & Engineering Equipment Al Masaood’s Projects & Engineering Services Division (PESD) will appear … Keep Reading
- Emerging affluent consumers enjoying impressive earnings growth, and higher levels of education, employment and home ownership than their parents
- Levels of optimism among the emerging affluent in the UAE are high, with 73% believing they are in a better financial position than their parents
- The top source of income for three-quarters of households globally is their Employee salary (75%). This rises to 82% in the UAE
- Nearly two-thirds (64%) of the emerging affluent in the UAE say their familiarity with digital tools has been vital to their personal success
- Almost half of respondents in the UAE (46%) say they will trust an online only bank
- Children’s education (35% Total, 39% UAE), buying a first home (25%) and buying an investment property (25% Total, 22% UAE) are the top three financial goals that respondents have already achieved
More than half (57%) of emerging affluent consumers in the UAE are experiencing upward social mobility, a new Standard Chartered study shows. Of these, 7% are enjoying ‘supercharged’* social mobility, not just relative to the previous generation, but compared to the rest of the socially mobile.
The Emerging Affluent Study 2018 – Climbing the Prosperity Ladder – examines the views of 11,000 emerging affluent consumers – individuals who are earning enough to save and invest – from 11 markets across Asia, Africa and the Middle East. The average figure for social mobility among the emerging affluent across the markets in the study is 59%, and of these 7% are experiencing supercharged social mobility.
The UAE’s socially mobile, as identified by the study, have had impressive earnings growth, with more than two in five (42%) enjoying a salary increase of 10% or more in the past year, and more than a quarter (27%) seeing their earnings jump by 50% or more in the past five years. The study also revealed that the top source of income for three-quarters of households in the UAE is their Employee salary 82%. The percentage globally is 75%. Also, Employee salary makes up two-fifths (41% total, rising to 46% in the UAE) of the proportion of respondents’ sources of income followed by Business income (20% Total, 17% UAE). For those who have an investment portfolio as a source of income, the average annual ROI is 16% (18% in the UAE).
In the UAE, the socially mobile in the study are also better educated and achieving higher levels of employment and home ownership than their parents. 85% went to university, compared to 63% of their fathers and 54% of their mothers; and 77% are in management positions or running their own businesses compared to 61% of their fathers and 31% of their mothers. 91% of the socially mobile own their own home, compared to 75% of their parents at the same age.
Levels of optimism among the emerging affluent in the UAE are even higher than the reality, with 73% believing they are in a better financial position than their parents compared to the 57% in the study that are actually socially mobile.
Social status of the emerging affluent
|Average||China||Hong Kong||India||Indonesia||Kenya||Malaysia||Nigeria||Pakistan||Singapore||South Korea||UAE|
charged’ Socially Mobile*
|Not Socially Mobile||42%||33%||41%||33%||46%||39%||45%||44%||37%||46%||51%||43%|
The study also reveals that two-thirds (66%) of the emerging affluent in the UAE believe effective wealth management holds the key to greater social mobility. Investing in financial products is helping them to keep moving up the ladder, with 55% of the emerging affluent saying that this is their strategy for meeting their financial goals and increasing their wealth.
When it comes to prioritising those financial goals, Children’s education (35% Total, 39% UAE), buying a first home (25%) and buying an investment property (25% Total, 22% UAE) were the top three financial goals that respondents have already achieved.
For financial goals that respondents aim to achieve, the top two include their children’s education (43%) and buying an investment property (22% Total, 18% UAE).
For those who have not invested more or do not have an investment strategy, over a third (37% total, 42% UAE) know about investment products but are unsure of which to choose. 31% (36% UAE) are familiar with investment products but do not have the time to read market news and monitor their investments and a quarter (26%) are not familiar with investment products at all, dropping to 19% in the UAE.
Shehzad Hameed, Head of Retail Banking, Standard Chartered UAE, said: “These ambitious consumers in the UAE are on an upward social trajectory: they are outstripping their parents’ success in education, careers and home ownership. As their ambitions and aspirations grow, they’re demanding convenient financial services and digital technology to broaden their access to money management and advance their financial wellbeing. It’s an exciting journey where they are not only improving their own lives, but they are also fuelling growth in one of the world’s most exciting markets, the UAE.”
Amer Khan, Head of Retail Product and Segments, Standard Chartered UAE, said: “This report goes a long way in reinforcing how the UAE has grown into a hub of career opportunity for professionals from across the globe with solid earnings potential. For 82% of the respondents in the UAE, the top source of income is their Employee salary compared to 75% Globally. In terms of earnings, nearly three-quarters (72%) of respondents in the UAE have seen their earnings increase in the past year. For respondents who have seen an increase in their earnings, 25% are very satisfied with the level of increase compared to 19% globally.”
Other findings from the study, include:
Digital dividends: technology holds the key to financial success
Nearly two-thirds (64%) of the emerging affluent in the UAE say their familiarity with digital tools has been vital to their personal success. The same number (64%) say online banking makes them feel that they have more control over their money and investments, and 63% say digital money management has helped them get closer to achieving their financial goals.
In addition, two-fifths of the respondents (39%) say they will trust an online only bank, in the UAE the percentage is 46%, making it one of the highest among the emerging affluent across the markets in the study.
On-demand advisers alleviate risk aversion
The UAE’s emerging affluent are comfortable going online for financial advice, with more than half (52%) saying they would invest in financial products online if an on-demand adviser was available. Risk is not a problem for the emerging affluent if strong rewards are possible: 52% would accept a high level of risk for a high level of return when investing their money in online financial products.
Perceptions of Wealth and Aspirations
53% of respondents define their financial success as, ‘increasing their personal wealth overtime’. For 38%, financial success is owning a house whilst for 31%, it is rapid career progress. When it comes to the criteria of characterising themselves; 18% of respondents define themselves as ‘very affluent’; the percentage rose to (28% in UAE) whilst a higher 42% (39% in UAE) define themselves as ‘affluent’.
Looking at the current financial position of respondents compared to their parents at the same stage of their life, over a quarter (27% total, 31% in UAE) feel they are ‘much’ better off and 43% feel they are better off.Email This Post
Ahead of the upcoming release of the highly anticipated Walt Disney Animation Studios feature Ralph Breaks the Internet (showing in cinemas in the UAE, Bahrain, Jordan, Kuwait, Oman, KSA on 22nd November 2018 and Egypt on 21st November 2018)
- Genre: Fantasy/Action-Adventure
- Release Date: 21st November 2018 in Egypt
22nd November 2018 in the UAE, Bahrain, Kuwait, Jordan, KSA and Oman
- Cast: John C. Reilly, Sarah Silverman, Gal Gadot, Taraji P. Henson, Jack McBrayer, Jane Lynch,
- Directors: Phil Johnston, Rich Moore
- Writers: Story by Rich Moore, Jim Reardon and Josie Trinidad
- Writers: Screenpplay by Phil Johnston and Pamela Ribon
“Ralph Breaks the Internet” welcomes back to the big screen video-game bad guy Ralph and fellow misfit Vanellope von Schweetz. This time, they leave Litwak’s video arcade behind, venturing into the uncharted, expansive and fast-paced world of the internet—which can be both incredibly exciting and overwhelming, depending on who you ask. The follow-up to 2012’s “Wreck-It Ralph” marks the first feature-length theatrical sequel from Walt Disney Animation Studios since 2000’s “Fantasia/2000,” which was a sequel to 1940’s “Fantasia.” The only other sequel in the Disney Animation canon is 1990’s “The Rescuers Down Under.” “Ralph Breaks the Internet” is WDAS’ first-ever sequel to be created by the original film’s writing/directing team. What is it about the characters of Ralph and Vanellope that called for an encore?
The main players in “Ralph Breaks the Internet”
Ralph, voiced by John C. Riley is the same ham-fisted video-game bad guy with a heart. These days, his heart is full since befriending fellow misfit Vanellope von Schweetz. He treasures their friendship and will do anything to help his buddy—but his efforts don’t always turn out like he hopes. So, when Vanellope’s game is busted due to his heavy-handed attempt to liven things up for her, Ralph takes it upon himself to track down the broken part—even though it means venturing to a scary new world called the internet. Fortunately, with Vanellope by his side, anything is possible as far as Ralph is concerned.
Vanellope von Schweetz, voiced by Sarah Silverman, still sports her wicked sense of humor, razor-sharp tongue and her best buddy Ralph. She also maintains her lemons-to-lemonade coding mistake—the outcast-making glitch that once inhibited her racing ability but ultimately became her super power. Having overthrown King Candy and taken her rightful position as princess of Sugar Rush, Vanellope promptly ditched her royal gown in favor of her signature cozy style and joined the ranks of the Sugar Rush racers. Although she frequently tops the leader board these days, she finds herself getting a little bored of the same old tracks and predictable competitors.
Taraji P. Henson lends her voice to the website entrepreneur, Yesss. The head algorithm of a trend-making website called BuzzzTube. If it’s hip, if it’s trendy, if it’s now, Yesss has seen it first and shared it with the world. With an eye for the next viral video sensation, Yesss has her finger on the internet’s fast-paced pulse, but that doesn’t stop her from helping Ralph and Vanellope when they find themselves in serious financial debt to eBay. If anyone knows how to work the web, it’s Yesss. “She anticipates the next best thing,” says Moore.
Gal Gadot is the voice of Shank. Ralph and Vanellope meet Gadot’s character, Shank, in an online racing game called Slaughter Race. As the name implies, it’s pretty edgy and even a bit dangerous. Shank is a tough and talented driver in the intense and gritty slaughter race, she is clad in a leather jacket with a sword tattoo.
Alan Tudyk was called on to voice KnowsMore, which is a search engine Ralph and Vanellope turn to upon arriving in the internet. He is more than ready with answers when it comes to tracking down that elusive place called eBay where they hope to find the coveted Sugar Rush steering wheel. Literally a know-it-all, KnowsMore frequently gets ahead of himself, finishing people’s sentences in an attempt to guess what they’re going to say. “He has a pretty aggressive auto-fill,” says screenwriter Pamela Ribon. “He just wants to be helpful and fast, but he can come off as nosey.”
Jack McBrayer and Jane Lynch return as the voices of Fix-It Felix Jr. and Sergeant Calhoun. Felix and Calhoun are as passionate as ever—about each other, their games and whatever life throws at them. These heroes at heart are the first to step up to the plate when Sugar Rush breaks, leaving a bevy of young racers without a home. “Felix and Calhoun have been toying with the idea of becoming parents, so they decide to test the waters by adopting 15 tweens at the same time,” says Reardon. “What could go wrong?”
The world of the internet is bustling with activity, featuring two key categories of characters.
Net Users are the avatars that represent people from the real world as they explore the internet. When a person moves their cursor around on a computer screen, they are moving their Net User avatar within the internet. Net Users mill about the internet in search of the best deals and latest gossip. Mostly unaware of each other, they are ushered in and around the vast world via a complex transportation system.
Netizens are the residents of the internet. They are the employees of the various websites visited by the Net Users, helping them navigate their purchases and searches. Yesss and KnowsMore are NetizensEmail This Post
Rove Hotels collaborate with Dubai-based environmental artist and champion, Mariska Nell to present a Sustainability Corner as part of Downtown Design, from November 13th to 16th. The installation will feature her upcycled works, some of which have been created using plastic bottles collected as part of Rove’s ‘Check-in with Plastic; Check-out with Dinner’ promotion.
In an effort to utilise design as an effective platform to promote sustainability, and as result of its hugely successful, ongoing ‘Check-in with Plastic; Check-out with Dinner’ promotion at The Daily restaurants, Rove Hotels has joined forces with renowned sustainability advocate and artist, Mariska Nell. The collaboration sees the artist producing a unique, environmentally innovative creation – a chair made from the plastic bottles collected at Rove Hotels. The creative piece, along with her other artworks, will be displayed at Rove’s Sustainability Corner at Rove Downtown during Downtown Design, part of Dubai Design Week, from November 13th to 16th, to further raise awareness of the impact of plastic bottles on the environment.
Inspired by His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision to establish sustainability pillars as key components of Dubai’s sustainability journey, Rove Hotels recently introduced its eco-community project, ‘Check-in with Plastic; Check-out with Dinner’. The project involves Rovers handing in their plastic bottles and, in exchange, receiving dining credits at The Daily restaurants. The plastic bottles are sent for recycling and upcycling and, so far, over 7,000 bottles have been collected as part of the initiative, a figure that the entire Rove team is extremely encouraged by, as it highlights the community eagerness and proactivity regarding sustainability for a greener future. Partnering with an environmental champion such as Mariska Nell has strengthened Rove’s determination to advocate positive change in the local community even more.
South African-born, Dubai-based artist and environmentalist, Mariska Nell is on a mission to turn trash into treasure. Nell’s passion for creating works of art based on recycling and upcycling began after she cleaned 913 Nespresso pods and turned them into hundreds of flowers for her CoffeeAddictionLamp. This inspired her to produce even more ‘Trash to Treasure’ art collections, which have been highly sought after by celebrities such as Trevor Noah, Adrian Genier and many more. Her work has also been exhibited in numerous galleries around the world.
Expressing his excitement about Rove’s Downtown Design Week collaboration with Mariska Nell, Paul Bridger, Corporate Director of Operations at Rove Hotels, stated, “Everyone here at Rove Hotels is extremely proud of the massively positive response from Rovers to the ‘Check-in with Plastic; Check-out with Dinner’ promotion. Teaming up with such an inspirational and extremely talented environmental artist like Mariska Nell shows the community what can be achieved when we make a collective effort towards achieving sustainability. We invite everyone to visit the Sustainability Corner, learn more and get involved in initiatives that aim to protect our environment.”
The Rove Sustainability Corner by Mariska Nell will be on display at Rove Downtown during Downtown Design from November 13th to 16th.
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- CONNECT Middle East, India & Africa 2019 to take-off alongside Arabian Travel Market, after ATM organiser partners with Lyon-based aviation event specialist The Airport Agency
- Emirates will be the official airline partner while Emaar Hospitality Group will be the official hotel partner
Reed Travel Exhibitions (RTE), organiser of the annual Arabian Travel Market (ATM) showcase in Dubai, has boosted its travel portfolio, having signed a collaboration agreement to launch CONNECT Middle East, India & Africa 2019 – a new route development forum.
The two-day show will be co-located with Arabian Travel Market 2019 and will take place at the Dubai World Trade Centre on Tuesday 30th April and Wednesday 1st May (day three and four of ATM).
Emirates will be the official airline partner – with Emirates Networking Planning team attending the show – while Emaar Hospitality Group will be the official hotel partner – both of which will offer preferential rates exclusively for delegates attending the show.
Nick Pilbeam, Divisional Director, Reed Travel Exhibitions: “The Middle East’s aviation market is forecast to grow five per cent annually until 2036, according to IATA. It is predicated that the sector will witness an extra 322 million passengers a year on routes to, from and within the region – with the total market size expanding to 517 million passengers over this period.
“The sector is expected to contribute nearly AED 200 billion to the UAE’s economy by 2020, providing up to 750,000 jobs.
“Moreover, the aviation industry is a crucial economic pillar for Dubai, accounting for more than 27 per cent of Dubai’s GDP, or $26.7 billion, according to Oxford Economics. This is expected to increase to 37.5 per cent by 2020 with a total annualised impact of $53.1 billion.”
CONNECT Middle East, India & Africa 2019 is expected to bring together airline specialists, aviation authorities, tourism boards, airports and tour operators, as well as other travel-related industry professionals.
With up to 400 delegates, the structure of the vertical event will include unlimited one-to-one pre-scheduled appointments, a conference programme, panel discussions and airline & industry briefings as well as an exhibition area dedicated to airports and suppliers.
“Being the world’s largest travel event organiser, with shows on all continents, our collaboration with The Airport Agency will bring the entire tourism supply chain together, providing huge strategic commercial opportunities for aviation professionals, particularly those specialising in airport route development, networking planning and procurement,” Pilbeam added.
CONNECT has already held events around the world, the most recent being CONNECT in Georgia which brought together over 500 aviation decision makers including more than 65 airlines and represented 250 airports to discuss current and future air transport links, route development plans as well as addressing topical issues and challenges and identifying and capitalising on emerging trends.
Commenting on The Airport Agency’s collaboration with Reed Travel Exhibitions, Karin Butot, CEO, The Airport Agency, said: “CONNECT Middle East, India & Africa is set to deliver a unique networking platform for airports, airlines and tourism to meet and network alongside ATM, the largest international travel event in the region which celebrated its 25th anniversary last year.
“As more and more airports are working in synergy with their destinations to explore and secure new airline services, CONNECT Middle East, India & Africa will deliver exceptional opportunities in an established, highly-productive format, thus making the show the only aviation route development event in the region for both inbound and outbound travel, connecting senior aviation professionals with airlines and airports all over the world.”
Dubai International Airport was the busiest international airport measured by total passengers for the fourth consecutive year, as it welcomed six new carriers in 2017 and opened 12 new routes for 2018.
The airport served 88.2 million passengers in 2017, an increase of 5.5 per cent from 2016, Dubai Airports said in a statement. Traffic this year was forecast to grow 2.4 per cent to 90.3 million.
Propelled by a partnership between Emirates and sister low-cast carrier flydubai, growth is expected to continue in 2019 as the momentum gathers in the build up to Expo 2020, when 25 million visitors are expected.Email This Post
Doris Hecht has been selected as General Manager for Park Hyatt Abu Dhabi. A luxury hospitality career that started in Germany, then to Geneva, Paris and New York, Doris joined Hyatt in 2003 as part of the preopening team for Park Hyatt Milan. In 2015 Doris continued her Park Hyatt jouney moving to Abu Dhabi as Executive Assistant Manager- Rooms at Park Hyatt Abu Dhabi Hotel & Villas.
Speaking on this memorable occasion Doris Hecht said “This is an incredible resort on beautiful Saadiyat Island and I feel very fortunate to have been given the opportunity to continue to grow with this amazing team. I look forward to building on our strength and further nurturing the business.”
Doris is humbled to be Hyatt’s first lady General Manager in UAE, and will spearhead the operations and brand positioning of the hotel, with her wealth of global knowledge, she will further enhance Park Hyatt’s bespoke experience.
A native from Germany, Doris loves living in the UAE. A hands on mother to her two lovely children and a fitness enthusiast who enjoys Pilates in her spare time, Doris sure can balance her busy schedule with ease.Email This Post
- Construction work at the AED 2.2. billion wellness-inspired development is progressing strongly, with 15% of the overall work already complete
MAG Lifestyle Development (MAG LD), the development arm of MAG Group Holding, has announced that 80% of infrastructure works has been completed to date by Dar Alwad Contracting LLC at its MAG Creek Wellbeing Resort™, the first wellness-inspired development in the MENA. Under the management of lead consultant VX and architects A++, construction is proceeding as planned with the AED 2.2 billion development being 15% complete and on track for its expected delivery date in Q1 2021.
Talal Moafaq Al Gaddah, CEO of MAG LD, commented: “We are pleased with the progress that MAG Creek Wellbeing Resort™ is witnessing which reflects our ‘lifestyle development’ philosophy that gears toward enhancing human lives. Our development partners are carefully selected for their high-quality standards and meticulous attention to detail, and we are confident that they will bring this project to fruition while aligning with our mission to exceed customer expectations.”
MAG Creek Wellbeing Resort™ has been designed in partnership with Delos™, a leading wellness real estate and technology company, to provide residents with a holistic and healthy lifestyle by integrating the best of science, health and technology within the built environment and WELL living Lab™ The first lab exclusively committed to researching the real-world impact of the indoor environment on human health and wellness and WELL Building Standard™ The world’s first building standard focused exclusively on human health and wellness and healthier travel experience. . The gated, landscaped community spans over 898,786 square feet and covers 550m of the highly sought-after Dubai Creek waterfront. It is strategically situated adjacent to the Ras Al Khor Flamingo Wildlife Sanctuary and only 4.5km away from Burj Khalifa and Downtown Dubai.
MAG Creek Wellbeing Resort™ includes a 120,000 square-foot World Care Wellness Centre, the largest wellness centre in the world. It will offer health-conscientious residents and guests’ full access to a state-of-the art medical check-up clinic that guides, informs, and supports healthy living choices. The community also includes a luxurious 96-room World Care Wellness Hotel, a sports, fitness, and leisure centre, and a wide variety of restaurants, cafés, and retail outlets.
In addition to the World Care Wellness Centre and Hotel, the project is home to 17 unique waterfront mansions that overlook Dubai Creek, 75 luxury apartments, and 172 serviced wellness holiday homes.Email This Post
- Delicious food, games and live music await you every Friday
Enjoy a new level of weekend relaxation, a world away from the busy week, with a tasty Friday brunch at Beau Rivage Bar, the European-inspired café newly opened along the Dubai Canal waterfront.
“A la Maison” brunch will feel like stepping into your own house: indulge in a home-cooked style cuisine within a cosy and relaxed atmosphere, including an outdoor seating area perfect to enjoy the now cooler weather.
The café offers mouth-watering European inspired dishes complementing a tasty menu made for sharing. During the Friday brunch, it will feature live cooking stations spread around the venue, to satisfy any appetite, including an outdoor BBQ area.
Share the feast with your family as you tuck into a spread featuring fresh breads, soup, salads, pizza, pasta, burgers and grilled fish and meat. Experience a display of delicious desserts to satisfy your sweet tooth.
Aside from the cosy setting, the outdoor area and the delicious food, there are multiple ways to have fun and leverage your time: challenge your friends to table games or simply listen to your favourite 90’s tune played live, while soaking up the spectacular views of the canal.
All above and more fun awaits you every Friday starting from November 23th, from 1:00 pm to 4:00 pm at AED155 per person including soft beverages or AED199 per person including house beverages.
For more information or reservations, please call +971 4 873 3334 or contact us at, firstname.lastname@example.orgEmail This Post
The Outlet Village, Dubai’s indoor shopping and leisure destination by Meraas, is set to mark the 47th UAE National Day with a host of family-friendly activities.
On 29 November and from 1 to 3 December, The Outlet Village will celebrate the spirit of the union with roaming entertainment acts that showcase the country’s vibrant culture. Children and grown-ups alike are sure to enjoy performances of traditional UAE dances Al Ayala and Al-Razfa, and posing for photos with a falcon, the UAE’s national bird. Henna artists will decorate women’s hands with intricate designs from UAE’s long heritage.
Kids will also love the meet-and-greet, where they can interact and take pictures with giant mascot characters throughout the three-day festivities. Arts and crafts will keep them busy with balloon twisting and face painting while their parents take advantage of the unbeatable bargains on offer.
To commemorate the festive occasion, visitors to the destination will get to take home UAE National Day giveaways.
Event: 47th UAE National Day Celebrations at The Outlet Village
Brief: The Outlet Village invites families to celebrate the UAE National Day with a variety of cultural entertainment acts, including Al Ayala and Al-Razfa dancers, a falconer, meet-and-greets with giant roaming mascots, and unbeatable deals from high-end fashion brands.
Date: 29 November and 1 to 3 December 2018
Location: The Outlet Village, Dubai
Time: 10am to 12 midnight for shops
10am to 1am for F&B outlets
|29 November 2018||Giant Mascot Meet-and-Greet||From 3pm to 8pm|
|29 November 2018||Face painting||From 3pm to 8pm|
|29 November||Balloon Twisting||From 3pm to 8pm|
|1-3 December||Giant Mascot Meet-and-Greet||From 3pm to 8pm|
|1-3 December 2018||Balloon Twisting||From 3pm to 8pm|
|1-3 December 2018||Al Ayala and Al-Razfa performances||From 3:30pm to 8:30pm|
|1-3 December 2018||Face painting||From 3pm to 8pm|
|1-3 December 2018||Falcon Man||From 3pm to 8pm|
|1-2 December 2018||Henna Artist||From 3pm to 8pm|
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- The show will further consolidate Dubai’s position as the leading property investment destination by showcasing projects from leading developers
Dubai Land Department (DLD) is proud to organise the third edition of the Dubai Property Show to London from 16 – 18 November 2018. The three-day show will bring leading real estate companies like Nakheel Properties, Falconcity of Wonders, Sobha Realty and many other developers along with Real Estate Brokers, Banks, and Lawyers to the show.
HE Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, commented: “Dubai is one of the most attractive cities for foreign investors, and Dubai Land Department has always been exploring ways to enhance the sustainable growth of the real estate sector. The Emirate is on a lot of UK residents’ radars, especially when considering the substantial number of British expatriates that we are glad to be serving. It is, therefore, our pleasure to host Dubai Property Show in London again, and look forward to organising more events of this nature.”
According to the statistics issued by DLD’s Department of Real Estate Studies & Research, British citizens have emerged as the second-highest foreign investors in Dubai real estate; and according to DLD’s records, a total of 29,125 British investors concluded 47,877 real estate transactions worth over AED 88 billion since their entry into Dubai’s real estate market. With a strategic location, high investment and rental yield, and regulations and legislation that are set in place to protect the rights of all parties, Dubai continues to be an attractive proposition for foreign investors.
Rashid affirmed the show’s success in its previous editions, which is made possible thanks to the patronage of Platinum Sponsors Nakheel Properties, Falconcity of Wonders, and Sobha Realty, as well as the gracious partnerships of the UAE Embassy, Dubai Chamber, Dubai Tourism, Dubai Police, and the Knowledge and Human Development Authority (Government Agency partners); Emirates (Official Airline partner); JLL – Jones Lang LaSalle (Strategic Real Estate partner); Medallion Associates (International Promotion Trustee); Knight Frank (Knowledge partner); International Property and Travel (Media Partner) and Emirates Islamic Bank (Banking Partner); and the support of the International Property Awards Dubai.
Mr. Aqil Kazim, Chief Commercial Officer, Nakheel, said: “After first exhibiting at DPS London in 2016, we are proud to be back as Platinum Sponsor with an exciting range of projects and investment opportunities, many of which come with very attractive payment plans. Our diverse range of offerings includes luxury apartments on the world-famous Palm Jumeirah, stylish high-rise units at Dragon City and villas with private pools at the high-end Jumeirah Park community.”
HE Salem Almoosa, Chairman and General Manager, Falconcity of Wonders LLC, said: “From the impeccable infrastructure to the warm and welcoming Arabic hospitality, Dubai is a preferred destination among tourists, businessmen, entrepreneurs, and investors. As a booming economy, tourism has played a pivotal role in putting the Emirate on the world map. Dubai has attracted investments from around the world and across a vast array of sectors such as technology, education, medicine and real estate and is ranked as one of the best places to live in the Middle East, promising an excellent quality of life.”
Mr. PNC Menon, Founder & Chairman, Sobha Group said, “Dubai is one of the most popular destinations for UK nationals, not just for vacationing and shopping, but for the overall aspirational lifestyle it offers. Over the years, Dubai has also emerged as a strong business hub offering various investment incentives and tax-free policies. To top it, the number of Dubai expatriate residents exceed two million, forming a formidable part of the workface. These factors make it easy to understand why investors from the UK are flocking to Dubai to invest in property. With foreign real estate investments to the tune of AED 162 billion in the first nine months of 2018 coming in from foreign investments, the Dubai property market continues to be the preferred investment destination for various nationalities.”
Mr. Himanshu Gupta, General Manager at Sumansa Exhibitions LLC, organisers of Dubai Property Show, said: “With the increase in investments from British buyers, Dubai has become an attractive proposition for investors, second home buyers, holidaymakers, and businessmen. The Dubai Property Show garners an immense amount of interest from potential buyers and investors and will be a platform to encourage investment and educate people about the legalities and processes as well.”
Visitors to the show will have the opportunity to attend free seminars offered by qualified professionals with experience in property, law, and other subjects, where they will learn about property investments, upcoming Dubai hotspots, financing and legal information to keep in mind when investing in Dubai, and much more. Exclusive payment plans and financial loans will also be made available.
The Dubai Property Show endeavors to be the platform for investors to see and purchase fantastic property developments in Dubai.Email This Post
Mimecast Mailbox Continuity Highlighted as a Strategic Asset for Cyber Resilience for Email
Mimecast Limited (NASDAQ:MIME), a leading email and data security company, today announced it has been awarded best ‘Continuity and Resilience Provider Service/Product’ at the 2018 BCI Global Awards.
Mimecast received recognition for providing an outstanding service and product, relevant to the continuity and resilience profession. This award follows Mimecast being recognized at the BCI Africa Awards 2018 for Mimecast Mailbox Continuity.
In the event of a sudden or planned email outage, Mimecast Mailbox Continuity is designed to provide uninterrupted access to live and historic email and attachments from the Mimecast cloud using everyday tools like Microsoft Outlook® for Windows® web and mobile applications. Employees get access to email — from anywhere, on any device. Administrators can monitor email flow, receive alerts and manage a continuity event quickly and easily from just about anywhere.
In 2017, Mimecast supported thousands of customers globally to protect against more than 2,900 days with email disruption, saving an estimated $9m in economic activity based on a typical 25% productivity loss.
Pete Banham, cyber resilience expert at Mimecast, commented, “Today’s resilience requirements demand more than a defense-only security strategy to counter continuity challenges impacted by cyber-attacks, hardware failure, extreme weather and human error. Global organizations are increasingly relying on the same shared IT and communication infrastructure from global cloud computing vendors. For example, operational dependency on the Microsoft Office 365® platform is massive and accelerating, which creates new challenges for business continuity, IT and cybersecurity professionals.
“The only way to mitigate these new risks is to adopt a strategy of cyber resilience. Essentially a multi-dimensional approach that brings together threat protection, the right durability and tested recoverability. For many organizations this can effectively reduce the ‘recovery point objective’ and ‘recovery time objective’ for email to near zero – all while retaining a complete security posture.”Email This Post