Daily Archives: September 21, 2023

Real Estate

5 merits of real estate proximity to Dubai metro stations 

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5 merits of real estate proximity to Dubai metro stations 

– Metro lines have a strategic role in the Dubai urban renaissance.

– A direct positive impact on the sale and rental values of properties adjacent to the stations.

Walid Al Zarooni

Dubai, September 20, 2023: W Capital, the Dubai real estate brokerage, assessed  five main positive advantages of the Dubai metro on the Dubai promising real estate sector.

“Modes of transportation – especially the metro lines – play a strategic and essential role in the urban renaissance that Dubai has currently reached, and are a strong supporter of the global status of the emirate’s real estate, and the continuing strong investors of all nationalities demand,” said Walid Al Zarooni, CEO of W Capital.

Al Zarooni pointed out  to the growing demand for renting properties close to public transportation in Dubai, with commercial activities and tourism growing in an unprecedented manner.

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Featured

Haji Commercial Company (HCC) celebrated Onam

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Haji Commercial Company (HCC) celebrated Onam in grand style on September 16, 2023, continuing its cherished tradition led by CEO Mr. Unnikrishnan.

The event featured a splendid array of cultural delights, including the rhythmic beats of Chendamelam, the mythical Mahabali’s gracious presence, graceful Thiruvadira performances by HCC’s women, and captivating classical dance.

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Sports & Recreations

50% Discount on All Sports Activities at Danube Sports World

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Score Big Savings with Weekday Happy Hours

50% Discount on All Sports Activities at Danube Sports World

Monday – Friday between 10am – 3pm enjoy 50% discount on sports activities

 

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Dubai, United Arab Emirates, 20th September 2023: As we start to approach Dubai Fitness Challenge, Danube Sports World, UAE’s largest indoor sports facility spread across 200,000 square ft is all set to encourage people to partake the active lifestyle by offering Happy-Hour deal on weekdays from Monday to Friday from 10 am to 3 pm on all sports activities. Starting Monday, September 25th, you can enjoy a whopping 50% discount on lots of different sports activities. They’ve got you covered for all the popular ones: Badminton, Basketball, Cricket, Football, Table Tennis, Padel and more. Whether you’re into smashing shuttlecocks or scoring goals, they’ve got it all. And now, with the Happy Hour deal, you won’t have to break your wallet. A game of Badminton that usually costs AED 80 will only be AED 40 after the discount!

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Business & Investments

UNCTAD World Investment Forum to incentivize global investment in sustainable development

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World Investment Forum to incentivize global investment in sustainable development

Abu Dhabi, United Arab Emirates, 21 September 2023:Recognizing sustainability as the defining challenge of our time, the upcoming UNCTAD World Investment Forum (WIF), to be held from 16 to 20 October 2023 in the UAE’s capital Abu Dhabi, will serve as the perfect opportunityto facilitatethe transition to a more sustainable economy, particularly for developing countries.

The 8thedition of the Forum, to be anchored on the overall theme of “Investing in Sustainable Development,”will bring together heads of state and ministers,CEOs of largest global companies, and other investment stakeholders from various countries toformulate policies and strategies that will address key and emerging investment-development challenges through a series of local and international forums and conferences.

Over 7,000 investment stakeholders from 160 countries will be participating in the 8th edition of WIF at the Abu Dhabi National Exhibition Centre (ADNEC).

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Real Estate

India’s Kaizen AI set to change theUS$1.36 trillion GCC real estate projects market

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India’s Kaizen AI set to change the US$1.36 trillion GCC real estate projects market with AI and deliver more profits

With the use of innovation, cutting-edge technology and artificial intelligence, Kaizen AI is ready to increase profitability of the UAE’s engineering, construction and real estate sector and reduce carbon emission

 

Date: Dubai, UAE, September 21, 2023

 News Highlights:

 1.     Kaizen AI increases profit on average by 10.46 percent with average project delivers US$27 million increase in profits without changing design contours;

2. Kaiizen AI has delivered tangible profit increase of US$3.86 billion in 108 projects;

 3.     Kaizen AI reduced construction area by 4.32 million square feet and reduced 562 million metric tonnes of carbon emission in 108 projects;

4.     The UAEs built environment consists of 134,081,000 civil structures scattered across the country. Kaizen AI could change them with its innovative solutions;

 

Kaizen AI, a pioneering technology company revolutionising large-scale building projects with AI, has successfully optimised 108 projects across Asia including Dubai, providing almost US$4 billion increased profitability, is entering the lucrative GCC real estate market where planned and under-construction projects value stands at an estimated US$1.36 trillion.

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