
Kleindienst Group unveils AED 3bln project at The Heart of Europe
The announcement will be officially unveiled by Kleindienst Group at the upcoming Arabian Travel Market (ATM) 2025, taking place from 28th April to 1st May at the Dubai World Trade Centre, where the group will be showcasing The Heart of Europe at their dedicated stand HC2210.
The agreement marks the debut of the first-ever Buddha-Bar Hotel & Floating Villas in the MENA region, along with the launch of Buddha-Bar Beach Honeymoon Island, a world-class beach club, lounge and dining concept. The two flagship destinations will be constructed over a 24-month timeline, delivering a bold new statement in destination luxury.
'Our collaboration with George V Eatertainment redefines what a destination can offer,' said Josef Kleindienst, Founder and Chairman of Kleindienst Group. 'Together, we are creating not just places to stay or dine, but a fully immersive world, where the journey is as extraordinary as the destination. We are pioneers of sustainable, experiential living, driven by innovation. It's another milestone in our mission to transform The Heart of Europe into a living, breathing showcase of what's possible when visionary design and meaningful experiences converge.'
A Multisensory Escape: The Buddha-Bar Hotel & Floating Villas
This 162-key overwater hotel is set to become a sanctuary of style, serenity and sensory delight. Guests can expect signature Buddha-Bar Hotel touches throughout – from immersive design to curated music, world-class gastronomy, a luxury spa and floating villas that define overwater living.
Every element of the property reflects Buddha-Bar Hotel's DNA: a fusion of architectural elegance, soulful music, global culinary artistry and effortless luxury. Combined with the destination's eco-conscious design and floating construction, the development reinforces The Heart of Europe's commitment to marine conservation and sustainable hospitality.
Endless Summer Vibes: Buddha-Bar Beach Honeymoon Island
A stone's throw from the hotel lies the future heartbeat of the island, Buddha-Bar Beach Honeymoon Island, where sun, sound and celebration converge. Designed as an all-day, all-night venue, it blends barefoot luxury with bohemian elegance, offering curated dining, creative mixology, Mediterranean-inspired design and electrifying entertainment.
Whether it's sunrise yoga, beachfront dining, sunset sessions with world-class DJs, or late-night beach parties, this will be Dubai's definitive social escape, attracting jetsetters and experience-seekers from around the world.
'This launch is about raising the bar,' said Nabil Souhail, VP of Buddha-Bar International.
'From boat to beach to bed, every moment is designed to inspire. We're bringing the world's finest experiences to one place—and inviting Dubai to escape with us.'
Set within the lush island escape of The Heart of Europe, the destination embodies the sustainable ethos of the development, integrating natural materials, renewable technologies and coral-safe marine practices.
Transforming Island Living in Dubai
The arrival of the Buddha-Bar Hotel & Beach concepts marks a significant evolution in Kleindienst Group's portfolio of ultra-luxury, innovation-driven projects. From underwater villas and climate-controlled streets to renewable energy systems and marine conservation programs, The Heart of Europe continues to break boundaries in hospitality.
With more than 4,000 keys across 20 distinct hotels and resorts, the project aims to position Dubai as the world's premier destination for lifestyle-led tourism.
'This project speaks directly to the kind of hospitality that today's global traveller seeks – meaningful, memorable and deeply sensorial,' said Parisa Seif, Managing Partner at Kleindienst Group. 'From the curated music and refined mixology to the arrival experience and overwater villas, we're offering more than accommodation—we're crafting stories that unfold across every touchpoint. Buddha-Bar Hotel and Buddha-Bar Beach are a natural fit for The Heart of Europe's vision: daring, experiential and deeply connected to place.'
'We're not just building a resort,' adds Parisa Seif. 'We're creating a cultural movement. This project is about pushing the boundaries of design, storytelling and sustainability—creating something that has never been done before, anywhere in the world.'
For further information please contact Brazen MENA at E: kleindienst@brazenmena.com
About Kleindienst Group
Kleindienst Group operates in various sectors, such as property development, construction, coral engineering, business centers, yacht building, hospitality and renewable energy, employing more than 1,500 people globally. Its flagship project The Heart of Europe, is a unique and innovative destination that celebrates the spirit and culture of different European destinations.
To learn more about Kleindienst Group, visit https://www.kleindienst.ae. Follow us on LinkedIn, for latest updates.
About The Heart of Europe
The Heart of Europe is a luxury island destination and a flagship project being developed by Kleindienst Group on the World Islands Dubai, just six kilometres off the shores of Dubai. Comprising six unique islands, each designed with a theme inspired by a European country, The Heart of Europe will offer more than 4,000 keys, 20 hotels and resorts, including beachfront villas and palaces, deluxe hotels and an underwater living experience. It offers world-class amenities, such as a climate-controlled raining street and the region's first Coral institute dedicated to protecting and restoring the marine ecosystem and seeks to promote sustainable living using renewable energy sources and innovative technologies.
Committed to breaking barriers, the Heart of Europe opened its French Riviera-inspired first adults-only five-star party hotel on an island in Dubai – voco™ Monaco Dubai. With 198 keys, including eight suites, five party suites and four suites with private pools, the hotel pledges an unrivalled night-time atmosphere.
Visit us online for more information about The Heart of Europe. To book your stay at the first newly opened voco™ Monaco Dubai, visit https://www.thoe-hotels.com/monaco/. Follow us on Facebook, Instagram, LinkedIn, X and YouTube for latest updates.
About Buddha-Bar Beach:
Buddha-Bar Beach is a globally recognized brand that draws inspiration from the iconic beach hangouts of the 1980s in Goa and Ibiza, where jet setters, celebrities and sunseekers reveled in the vibrant atmosphere. Embodying a bohemian chic lifestyle design, Buddha-Bar Beach seamlessly integrates natural elements and colorful organic features, harmoniously blending with the surrounding environment to create a captivating setting. The venue effortlessly transitions from a casual daytime setting to a lounge-like ambiance, culminating in a club-like atmosphere where music and entertainment take center stage.
Whether it's a leisurely lunch, a memorable dinner, a delightful brunch, or an all-day hedonistic experience by the beach, Buddha-Bar Beach provides the perfect setting. Guests can also enjoy stylish evenings of exquisite food, crafted cocktails and social gatherings beneath the open sky. The brand's worldwide presence showcases its ability to transcend boundaries, offering exceptional dining, lifestyle experiences and entertainment.
Buddha-Bar Beach venues, situated in captivating beachfront locations across the globe, epitomize the fusion of gastronomy, hospitality, wellness, music and mixology. Each venue delivers a unique and unforgettable experience, characterized by exquisite cuisine, stunning design and an ambiance that resonates with guests seeking extraordinary moments.
For those in search of a destination that combines culinary excellence, immersive design and a captivating atmosphere, Buddha-Bar Beach stands as the epitome of a remarkable dining and lifestyle brand, promising an unparalleled experience that lingers in the memory, a true tribute to the Endless Summer vibes.
Buddha-Bar Beach Worldwide Locations: Mykonos, Montenegro, Santorini, Bodrum, Crete, Vevey, Milos, Abu Dhabi, Mazagan, Mauritius, Malta, Tamouda Bay.
About Buddha-Bar Hotel
Buddha-Bar Hotel is the immersive hospitality expression of the world-renowned Buddha-Bar brand—where luxury lifestyle, global culture and soulful living converge in a uniquely elevated experience. Rooted in the brand's core pillars of design, music, gastronomy, mixology and wellness, Buddha-Bar Hotel redefines the modern stay with a sense of rhythm and elegance that resonates from the lobby to the rooftop. Founded in 2012, the first Buddha-Bar Hotel opened in Paris, extending the iconic Buddha-Bar brand into a full-scale lifestyle hospitality experience that blends refined luxury with the brand's legendary ambiance.
Inspired by the vibrancy of cosmopolitan life and the tranquility of global retreats, each Buddha-Bar Hotel is a sanctuary that blends cutting-edge comfort with rich cultural ambiance. From curated soundscapes to artful interiors and exceptional dining, guests are transported into a world where every moment is sensorial, stylish and unforgettable.
Buddha-Bar Hotel locations: Buddha-Bar Hotel Prague and opening soon in Caracas, Yerevan.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


ARN News Center
5 hours ago
- ARN News Center
Salik posts AED 1.53 billion revenue in H1
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November. Dubai's toll operator said net profit reached AED 770.9 million, recording an increase of 41.5 per cent year-on-year. It added that total chargeable trips reached 318.4 million in the first half of 2025. Total chargeable trips hit 160.4 million in second quarter, marking a 1.6 per cent increase versus 158.0 million in the first quarter. Salik toll fees collected during the same period grew 42.3 per cent year-on-year to AED 1,356.9 million, while revenue from fines increased 15.7 per cent year-on-year to AED 134.3 million during the same period. Tag activation fees also grew in the first half, up 16.2 per cent YoY to AED 22.9 million. "Our financial results exceeded expectations, with profit margins considered among the highest globally. This reflects the efficiency of Salik's business model and its ability to deliver the best sustainable financial results for its stakeholders," said Ibrahim Sultan Al Haddad, Chief Executive Officer of Salik. Salik Reports Strong Financial Performance in H1 2025. Total revenue AED 1.53 billion 39% ⬆️ Net profit AED 770 million 41% ⬆️ Total chargeable trips 318 million Board Proposes Dividend of AED 770.9 million @Salik_ae — Dubai Media Office (@DXBMediaOffice) August 13, 2025 Total ancillary revenue for Salik reached AED 8.7 million driven by revenues from partnerships with Emaar Malls and Parkonic. The strong performance was driven by increased transaction volumes at Dubai Mall in addition to increasing traction in its cooperation with Parkonic since mid-February, with rollout across several locations progressing well, as operations are now live in 73 out of 154 locations, Salik said in a statement. Furthermore, the company's partnership with Liva Group has continued to gain good traction with consumers during H1.


Sharjah 24
6 hours ago
- Sharjah 24
Air Arabia posts AED 415m Q2 2025 net profit
Q2 2025 financial and operational performance Air Arabia reported a net profit of AED 415 million for the second quarter ending June 30, 2025, representing a 3 percent decrease from AED 427 million during the same period in 2024. Revenue for the quarter reached AED 1.69 billion, a 2 percent increase year-on-year. Between April and June 2025, over 5.1 million passengers flew with Air Arabia Group across its various hubs—a 15 percent increase compared to 4.5 million passengers in Q2 2024. The airline's average seat load factor, which reflects the percentage of occupied seats, climbed by 6 percent to reach 85 percent during the quarter. Chairman's statement on Q2 results Sheikh Abdullah bin Mohammad Al Thani, Chairman of Air Arabia, commented that the Q2 performance underscores the resilience of the airline's business model and the effectiveness of its growth strategy. Despite regional geopolitical tensions and operational disruptions caused by conflict and flight cancellations, the airline demonstrated agility and efficiency. He noted that investments in increasing capacity across all hubs helped achieve record load factors, driven by continued strong demand for air travel. H1 2025 performance and growth From January to June 2025, Air Arabia recorded a net profit of AED 770 million, reflecting an 11 percent increase compared to AED 693 million in the same period of 2024. Revenue reached AED 3.44 billion, marking an 8 percent year-on-year increase from AED 3.19 billion. Passenger numbers during this period also grew, with over 10.1 million people flying on Air Arabia, a 13 percent increase compared to the first half of last year. The average seat load factor for the first half of 2025 rose to 84 percent. Network expansion and operational resilience Al Thani emphasised that during the first half of 2025, Air Arabia expanded its operations by launching new routes, increasing flight frequencies in key markets, and adding new aircraft to its fleet. These developments enhanced the airline's network, capacity, and customer experience. He noted that this growth was achieved despite ongoing challenges such as political instability, fluctuating fuel and currency prices, and supply chain constraints. He credited the airline's growth and performance to a strong business model and a capable management team. Future outlook and strategic focus Looking ahead to the remainder of 2025, Al Thani confirmed Air Arabia's focus on expanding connectivity, entering new markets, and further improving operational efficiency and innovation. He reiterated the company's commitment to delivering exceptional value to its customers while ensuring sustainable growth and strong shareholder returns. Fleet expansion and route growth In the first half of 2025, Air Arabia added two new aircraft to its fleet, bringing the total to 83 owned and leased Airbus A320 and A321 aircraft. The airline also expects to begin receiving deliveries from its 120-aircraft Airbus order by the end of 2025. Air Arabia launched 13 new routes across its hubs in the UAE, Morocco, Egypt, and Pakistan during this period, further expanding its global network. Recognition and ESG commitment In June, Air Arabia was named for the second year in a row among Forbes Middle East's 'Top 100 Listed Companies 2025.' The airline also retained its 'AA' score in the MSCI ESG Ratings, maintaining its position in the 'Leader' category. Additionally, Air Arabia obtained a Limited Assurance Statement on its 2024 ESG Report, conducted under the International Standard on Assurance Engagements (ISAE 3000), demonstrating its continued commitment to transparency, accountability, and sustainable growth.


Web Release
9 hours ago
- Web Release
Binghatti Holding's USD 500 Million Benchmark Sukuk Begins Trading on the London Stock Exchange
Binghatti Holding Ltd ('Binghatti Holding'), one of the UAE's fastest growing real estate developers, celebrated the debut of its USD 500 million 5-year Senior Unsecured Sukuk on the London Stock Exchange with a ceremonial bell-ringing event, marking a key milestone in the company's international growth journey. The sukuk, issued under Binghatti's USD 1.5 billion Trust Certificate Issuance Programme, was oversubscribed five times, attracting over USD 2.5 billion in orders from a diverse pool of regional and global investors. The issuance was priced with a profit rate of 8.125%, reflecting investor confidence in Binghatti's robust financial position. The company is rated BB- by Fitch and Ba3 by Moody's, both with stable outlooks. Founder Dr Hussain BinGhatti, Chairman Muhammad BinGhatti and Chief Executive Officer Katralnada BinGhatti, accompanied by other senior executives and lead arrangers, rang the opening bell at the London Stock Exchange to celebrate the listing. The Sukuk will also be listed on Nasdaq Dubai. Muhammad BinGhatti, Chairman of Binghatti Holding, commented: 'The listing of our sukuk on the London Stock Exchange is a clear signal of Binghatti's commitment to engaging proactively with global investors and operating at the highest standards of transparency and governance. The landmark sukuk issuance enjoyed strong international demand, allowing us to close the books ahead of schedule and reinforcing market confidence in our credit profile, operational resilience, and growth strategy. As we scale our business and diversify our development portfolio, access to deep, liquid, and global capital markets is central to our financial strategy. Today's listing marks another important step in broadening our investor base and strengthening our global footprint.' Katralnada BinGhatti, Chief Executive Officer of Binghatti Holding, commented: 'Binghatti's sukuk programme reflects our commitment to diversifying the company's funding base, extending our maturity profile, and efficiently deploying capital to capture emerging opportunities. The five-times oversubscription and strong demand from institutional investors across Europe, Asia, and the Middle East signal a clear endorsement of our vertically integrated business model. With close to 50% of allocations going to non-GCC investors, we are pleased to see growing global recognition of Binghatti's unique positioning in Dubai's real estate sector. As we grow our portfolio and redefine luxury living in Dubai, we will continue to maintain prudent leverage and strong corporate governance.' The successful issuance and the strong demand come on the back of Binghatti Holding's strong H1 2025 results. During the first half, the company's net profit more than tripled to AED 1.82 billion, driven by resilient demand for Dubai real estate. The Group's total sales reached AED 8.8 billion, with revenue climbing 189% YoY to AED 6.3 billion. The Group launched seven new projects and delivered five developments in H1 alone, handing over 15 projects in the last 18 months. Its AED 12.5 billion revenue backlog and over AED 70 billion development portfolio position it as one of Dubai's leading developers. Binghatti currently has approximately 20,000 units under development across 30 projects in prime Dubai locations including Downtown, Business Bay, Jumeirah Village Circle, and Meydan, as well as its flagship branded residences in collaboration with luxury partners Bugatti, Mercedes-Benz, and Jacob & Co. The company's development pipeline was further reinforced by the recent acquisition of approximately 9 million sq. ft. megaplot in Nad Al Sheba 1, which will host Binghatti's first master-planned community, with a projected development value of over AED 25 billion.