Daily Archives: October 30, 2024

Real Estate

Shamal announces Nad Al Sheba Gardens Mall bringing a new retail and lifestyle experience to the community

  • Nad Al Sheba Gardens welcomes a new addition to the community with a new mall that will include high-quality retailers
  • Mall to act as a central meeting point featuring restaurants, a nursery, and health and fitness amenities
  • Waitrose, a renowned premium British supermarket brand licensed by Spinneys in the UAE, will be an anchor store, further widening its local presence
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Business & Investments

Global gold demand reaches a record high value of US$100 billion

The World Gold Council’s Q3 2024 Gold Demand Trends report reveals that total gold demand[1] increased 5% year-on-year to 1,313t, a record third quarter. Total demand exceeded US$100bn for the first time on record, supported by strong investment in a record-high price environment.

Global investment demand more than doubled year-on-year to 364t, driven by a shift in demand for gold ETFs primarily from Western investors. Globally, gold ETFs added 95t, marking the first positive quarter since Q1’22. Bar and coin demand fell 9%, but the year-to-date total remains strong at 853t compared to the 10-year average of 774t.

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Sports & Recreations

Abu Dhabi Equestrian Club Unveils New Era with Executive Director of Racing Appointment

Abu Dhabi Turf Club marks a new era in Purebred Arabian racing in the country, affirming its position as a premium destination for regional and international racing professionals

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Abu Dhabi, UAE – 30 October 2024 – The Abu Dhabi Equestrian Club (ADEC), founded in 1976 by the late Sheikh Zayed bin Sultan Al Nahyan as a prestigious symbol of the UAE’s rich equestrian heritage, announces the beginning of a new racing era by introducing its new racing experience; Abu Dhabi Turf Club (ADTC).

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Business & Investments

A Journey Through 30 Years of GCC Retail: Unveiling Souks to Malls: The Faces Behind the Industry’s Success

A tribute to the Gulf’s retail journey featuring stories, insights, and reflections on the region’s transformation.

Dubai, UAE – After nearly nine months of dedication and collaboration, the highly anticipated book, “Souks to Malls: Retail Evolution in the Gulf – The People,“ is now ready to launch. This remarkable publication will be unveiled during the Retail Congress MENA, taking place at the prestigious Mandarin Oriental, Al Faisaliah in Riyadh, Saudi Arabia, as part of the 30th-anniversary celebration of the Middle East Council of Shopping Centres & Retailers (MECS+R).

Continue reading A Journey Through 30 Years of GCC Retail: Unveiling Souks to Malls: The Faces Behind the Industry’s Success →
Beauty

Beautyworld Middle East 2024: Day Two Highlights – talking Beauty Tech, age defying beauty and Awards night!

  • The second day of Beautyworld Middle East saw thousands more attendees visit Dubai World Trade Centre to enjoy the region’s largest trade fair for the beauty and wellness industry and network with just under 2,000 global exhibitors
  • Tuesday’s line up included energising live hair and beauty demonstrations at beautyLIVE, more topical discussions at the Next in Beauty Conference and the occasion everyone has been waiting for – the Beautyworld Middle East Awards 2024.  

Dubai, UAE: Day two of the 28th edition of the region’s largest international trade fair for the beauty and wellness industry showcased a global offering of talent, insights, products and services.

Continue reading Beautyworld Middle East 2024: Day Two Highlights – talking Beauty Tech, age defying beauty and Awards night! →