Daily Archives: February 8, 2024

Real Estate

DLD fines 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements

Leave a comment

DLD fines 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements

Dubai, United Arab Emirates, 8 February 2024: The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), emphasises that all real estate companies must adhere to the terms and conditions stipulated for real estate advertisements; this includes providing accurate and correct information to customers by obtaining advertising licenses. Additionally, it is obligatory to include a QR code to enable investors to identify and verify all associated property data advertised.

This resulted from the Real Estate Regulatory Agency fining 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements, which are established to govern advertisements and curb negative practices within the industry.

Ali Abdullah Al Ali, Director of the Real Estate Control Department at RERA, highlighted that the agency has closely monitored real estate advertisements and market activities. As a result, 30 violations were identified among real estate companies, each incurring a
AED 50,000 fine for non-compliance with RERA directives. The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance.

Continue reading DLD fines 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements →
Business & Investments

Metro Brazil witnesses 210 per cent sales growth in 2023

Leave a comment

Metro Brazil witnesses 210 per cent sales growth in 2023, strategizes market expansion in 2024

The retail and eCommerce company report forecasts GCC addressable market to reach USD 3.5 Billion by 2028, marking a 1.83% growth

UAE, February 08, 2024

Metro Brazil, a leading retail and eCommerce company for Brazilian shapewear products in the Middle East, witnessed a remarkable growth in 2023 fuelled by a 210 per cent increase in sales and a 161 per cent rise in the number of orders from GCC countries. The expectational growth is attributed to the company’s strategic collaborations, integration of advanced technologies and its state-of-the-art warehouse in Dubai CommerCity free zone.

Capitalising on this growth, Metro Brazil aims to expand its footprint across online marketplaces in the Middle East region in 2024, including Amazon, Noon and other leading marketplaces.

Continue reading Metro Brazil witnesses 210 per cent sales growth in 2023 →
Featured

Emirates Park Zoo and Resort welcomed into WAZA family, signifying commitment to protecting wildlife

Leave a comment

Emirates Park Zoo and Resort welcomed into WAZA family, signifying commitment to protecting wildlife

DUBAI – February 08, 2024: Emirates Park Zoo and Resort, a leading destination for wildlife enthusiasts, proudly announces its newfound status as a distinguished Institution Member of WAZA (World Association of Zoos and Aquariums). This recognition highlights the zoo’s unwavering commitment to conservation, animal welfare, and global cooperation within the esteemed WAZA community.

Following a thorough review by the WAZA Membership Committee and Council, Emirates Park Zoo and Resort has been welcomed as a new Institution Member of the WAZA. This membership places Emirates Park Zoo and Resort among nearly 400 leading institutions worldwide, forming a global community comprising zoos, aquariums, regional and national associations, and private corporations.

Continue reading Emirates Park Zoo and Resort welcomed into WAZA family, signifying commitment to protecting wildlife →
Business & Investments

25th Gulf Engineering Forum Caps Off as a Resounding Success

Leave a comment

25th Gulf Engineering Forum Caps Off as a Resounding Success

Dubai, UAE, February 8, 2024: The 25th Gulf Engineering Forum (GEF), held under the patronage of Sheikh Rashid bin Hamdan bin Rashid Al Maktoum, the Supreme President of the Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, concluded its two-day proceedings with great success on February 8, 2024, at the at the prestigious Al Ras Ballroom, InterContinental Dubai Festival City.

Organized by the UAE Society of Engineers in collaboration with the Gulf Engineering Union, under the overarching theme, “Smart Engineering for a Sustainable Future,” the forum successfully brought together 800+ industry leaders, decision-makers, academics, researchers, and experts in engineering from across the Gulf region.

Continue reading 25th Gulf Engineering Forum Caps Off as a Resounding Success →
Food & Dining

Traditional Indian restaurant ‘Antique Bazaar’ welcomes diners at a new location in Dubai

Leave a comment

Traditional Indian restaurant ‘Antique Bazaar’ welcomes diners at a new location in Dubai

Dubai received recognition as a global culinary leader, achieving an impressive score of 97.55 out of 100 in an acclaimed study and set to score higher in the coming years.

January 08, 2024

Antique Bazaar, one of the most celebrated Indian restaurants, officially opened to the public at its new location in Carlton Downtown Hotel, Sheikh Zayed Road. With its rich history rooted in authenticity, Antique Bazaar is poised to captivate Dubai’s culinary space yet again, amidst a bustling business hub and iconic attractions like the Museum of the Future, Financial Center, and Dubai Mall.The restaurant’s move to a new location signifies its continued commitment to advancing Dubai’s standing as a culinary hub that values foreign cultures and welcomes individuals of all ethnicities.

MaLiKK

Antique Bazaar offers an immersive experience that captures the spirit of India in every aspect, ranging from the decor to the regally chosen furniture and the exquisite menu that is complemented by Bollywood music and soulful ghazals. The restaurant also features a historical portrayal of Mumtaz Mahal, the empress of Mughal Emperor Shah Jahan, under whose name the celebrated monument of Taj Mahal was built.

Continue reading Traditional Indian restaurant ‘Antique Bazaar’ welcomes diners at a new location in Dubai →