Latest news with #DamacProperties
Khaleej Times
23-05-2025
- Business
- Khaleej Times
Adopt AI or lose job: Employees learning new tech are not at risk, says Dubai executive
Do you fear losing your job to artificial intelligence (AI)? It is not AI that will take your job, but people who learn and embrace the new technology will. This stark warning came from Dr Deepak Renganathan, vice president of digital marketing at Damac Properties, who also authored a book on AI. 'We are basically in a catch-22 situation with the speed at which AI is going. There are about 5-10 per cent of people embracing it. They are running forward and learning AI. They are embracing AI in their organisation. Around 90 per cent of people are left behind, either because they don't know, are afraid and sceptical, or are theorists. When something new comes, there is always a fear. But it's important to understand that all of these have paved the way for new industries and more jobs. But those who succeeded it, they embraced it. People don't lose jobs to AI, but to people who embrace AI,' said Dr Renganathan during TRIBE – The CMO Connect 2025 event hosted by Khaleej Times on Wednesday. The key highlights of the one-day conference were the exclusive announcement of the GCC's Most Influential Marketing Leaders, recognising excellence, innovation, and leadership in the field. The conference also provided opportunities for attendees to foster strategic partnerships and engage with top marketing visionaries. While giving a presentation, he noted that there are numerous roles that AI agents play for various departments. 'An HR agent, which is already in place in many organisations, can actually auto-generate job descriptions, post the listings across platforms, sync all the requisitions in place, do resume parsing, shortlist candidates, conduct interviews by themselves with the candidates and the interview feedback is transcribed which goes into the system,' said Dr Renganathan, author of AI – The Ultimate Marketing Game Changer. "The next level can also be another AI, you know, specifically focusing and screening the candidate and then it can even give an offer to the candidates. It can track all the reporting metrics. This is exactly what it can do,' he said, adding that this is not specific to HR, but applies to marketing as well. He pointed out that there are autonomous learning-based models. 'Autonomous models are very risky unless you have a very sophisticated process in place and you clearly set aside the rules where the AI can actually make decisions for the company. Sometimes it's really good because it saves time and clears the hierarchy as well,' he added.
Arab News
20-05-2025
- Business
- Arab News
Chelsea FC-branded project is ‘first of its kind' says Damac's Amira Sajwani
LONDON: Amira Sajwani, managing director of sales and development at Damac Properties, has called the newly unveiled Chelsea Residences by Damac 'the epitome of our philosophy' and a 'first of its kind' following last week's official unveiling of the development, which will be built at Dubai Maritime City. For the latest updates, follow us @ArabNewsSport This launch, announced at the Premier League club's Stamford Bridge stadium last week, marks the debut of the first-ever Chelsea FC-branded residential project. The exclusive event attracted leading investors, potential buyers and brokers, and executives from Chelsea FC, and targeted potential British and European buyers seeking premium real estate opportunities in Dubai. 'Chelsea Residences by Damac is the epitome of our philosophy to bring global partnerships to life through world-class design and lifestyle experiences,' Sajwani said. 'Our collaboration with Chelsea FC … offers an unmatched residential opportunity for buyers who value exclusivity and quality. With Dubai's reputation as a leading global city for luxury real estate, we are confident this project will set new benchmarks for branded residences.' Strategically located within Dubai Maritime City, one of the last remaining prime waterfront plots in the city, Chelsea Residences by Damac comprises six striking towers soaring to 130 meters, with over 1,400 sea-facing residences offering sweeping 270-degree views of the Arabian Gulf and the spectacular Dubai skyline. Todd Kline, president of commercial at Chelsea FC, added: 'This partnership with Damac signals an exciting chapter in the Chelsea story, bringing our club's spirit and prestige into the real estate world. Chelsea Residences by Damac will give our fans and discerning buyers the chance to become part of the Chelsea legacy in an entirely new and extraordinary way.' Residents will enjoy a specifically curated Chelsea FC-inspired lifestyle, featuring an array of exclusive branded amenities including a rooftop football pitch, Athlete Performance Centre, Chelsea Sports Bar, a private cinema, and the Aquarium Lounge. A wellness offering will include a cryotherapy center, an aerial yoga studio, forest relaxation pods, and a starlit wellness center. Dining concepts will feature Dubai's first healthy mono-diet cafe and the exclusive 'Captain's Table' event series hosted by Chelsea legends. Unit prices start from AED 2.17 million (approximately $590,000), with one-, two-, and three-bedroom configurations available.
The National
11-05-2025
- Business
- The National
When Trump visited UAE to launch the 'Beverly Hills of Dubai'
When Donald Trump visited Dubai in 2014, the focus was on his partnership to build a golf course and an estate of luxury villas. Any hint the property tycoon was planning what was then considered an audacious bid for the White House was not part of the script. The then-67 year old was best known as a flamboyant billionaire whose fame was assisted by his role as host of hit TV series The Apprentice, but he was also showing an interest in politics. Mr Trump arrived in Dubai in May 2014, flying in with his daughter Ivanka on 'Trump Force One', his luxury Boeing 757 private jet in which the interior fittings are plated in 24-carat gold. The billionaire had been on the verge of signing a deal in the city in 2005, but plans to build a hotel and residential complex on the Palm Jumeirah with Nakheel were dropped with the global financial crisis that began in 2008. This time, the art of the deal was with Damac Properties, with a collection of 100 luxury villas bearing the name Trump Estates in the Damac Hills development on the outskirts of Dubai. The homes were described at the time as presenting 'the opportunity to live the Trump lifestyle' with interiors designed by Ivanka Trump, whose face featured prominently on billboards across the city along with the tagline billing the development as 'the Beverly Hills of Dubai'. To launch the project, which featured a Trump International Golf Course, the media was summoned to the site just off the E77 motorway, where a temporary tee box had been set up. Watched by Hussain Sajwani, founder and chairman of Damac Properties, Mr Trump struck a golf ball deep into the desert. He was so pleased with the shot that orders were given for an aide to retrieve the ball so it could be framed and hung in the new clubhouse. He then described Dubai as "actually a solid investment now" and added that "a lot of people want to be here because of that". "There's so many places you could go but Dubai is a solid investment, a solid place," he told the BBC. "It's a vibrant place and the people are vibrant and smart. I would say it's a safe haven. People love to invest in Dubai because they like Dubai." The conversation then switched to US politics and his poor opinion of the president, Barack Obama, whose approval ratings were plummeting. 'We have a lack of leadership at the top and the president has not done a good job and a lot of people are agreeing, even his own people are agreeing that it has not worked out well for President Obama,' he said. He then went a step further, in comments that now look remarkably prophetic given we now find ourselves in 2025 with President Trump working his way through his second term in the Oval Office. "The good news is that we have tremendous potential and, with the right leader, the country can turn round so quickly it will be unbelievable," he added. "I think eventually we'll get the right person. You don't want it to go too far down but eventually we'll get the right person and when we do it'll all straighten out." It now looks like the person he had in mind to "straighten out" his homeland was himself. Barely a year later, he announced his bid for the presidency at Trump Tower in New York, winning the election in November 2016. President Trump will return to the UAE this week as a part of a diplomatic sweep through the region, with trips also to Saudi Arabia and Qatar. He is planning to arrive in the Emirates on Thursday and Friday and is expected to present a friendly face to the region in contrast to some of the tough rhetoric directed at the EU, Ukraine and other countries. The trip will 'obviously be dollar deal-focused', a State Department official told The National. 'We have Saudi, UAE and potentially Qatar announcements as well.'
Zawya
08-05-2025
- Business
- Zawya
Damac launches Chelsea F C branded residences
Damac Properties has officially revealed Chelsea Residences by Damac, the iconic residential development born of its landmark global partnership with Chelsea F.C. Located in Dubai Maritime City, Chelsea Residences stands on one of the last remaining waterfront corner plots offering unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline. The development consists of six towers rising 130 m high with over 1,400 meticulously designed apartments, each inspired by the serenity of the sea and the passion of Chelsea F.C. The launch in Dubai was attended by Amira Sajwani, Managing Director of Damac, and Todd Kline, President, Commercial, Chelsea F.C. 'This is more than a residence - it's the beginning of something extraordinary. Chelsea Residences by DAMAC represents a convergence of two global powerhouses, redefining what it means to live like a champion,' said Sajwani. 'Every detail of this development embodies the spirit, discipline and pride of Chelsea F.C., from its design language to its world-class facilities.' This is a first-of-its-kind, landmark collaboration, where the Chelsea brand permeates every square foot of the property. Residents can immerse themselves in a curated lifestyle that includes Chelsea F.C.-branded fitness and wellness facilities, an outdoor rooftop football pitch and an Aquarium Lounge in Chelsea blue. Whether enjoying a game in the private Cinema, training in the Chelsea Athlete Performance Centre or relaxing in the Rain Therapy Room, residents can live with the rhythm of champions, said Damac. Chelsea Residences also offers thoughtfully crafted health and fitness experiences rarely seen in residential developments. These include a cryotherapy centre, forest relaxation pods, a kneipp parkour therapy path, and a starlit wellness centre. The project also features an infinity pool, aerial yoga studio, Chelsea Sports Bar, and even a powerhouse lounge - a resort-style mancave with live football screenings, boxing, darts and more. Dining takes a wellness-first and experience-rich approach. Highlights include Dubai's first healthy mono-diet café, a private chef's table experience, and the show-stopping Captain's Table—a resident-exclusive event series hosted by Chelsea F.C. legends. Chelsea Residences will represent a unique investment proposition, combining Chelsea F.C.'s global brand equity with a once-in-a-generation location on Dubai's last prime waterfront lands. Starting from AED2.17 million, the development's one-, two-, and three-bedroom apartments are designed using biophilic principles, with floor-to-ceiling windows that capture uninterrupted sea views, interiors inspired by London's cool elegance and Dubai's modern vitality, and sustainable water filtration systems throughout, Damac added. – TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
07-05-2025
- Entertainment
- Trade Arabia
Damac launches Chelsea F C branded residences
Damac Properties has officially revealed Chelsea Residences by Damac, the iconic residential development born of its landmark global partnership with Chelsea F.C. Located in Dubai Maritime City, Chelsea Residences stands on one of the last remaining waterfront corner plots offering unobstructed 270-degree views of the Arabian Gulf and the Dubai skyline. The development consists of six towers rising 130 m high with over 1,400 meticulously designed apartments, each inspired by the serenity of the sea and the passion of Chelsea F.C. 'This is more than a residence - it's the beginning of something extraordinary. Chelsea Residences by DAMAC represents a convergence of two global powerhouses, redefining what it means to live like a champion,' said Sajwani. 'Every detail of this development embodies the spirit, discipline and pride of Chelsea F.C., from its design language to its world-class facilities.' This is a first-of-its-kind, landmark collaboration, where the Chelsea brand permeates every square foot of the property. Residents can immerse themselves in a curated lifestyle that includes Chelsea F.C.-branded fitness and wellness facilities, an outdoor rooftop football pitch and an Aquarium Lounge in Chelsea blue. Whether enjoying a game in the private Cinema, training in the Chelsea Athlete Performance Centre or relaxing in the Rain Therapy Room, residents can live with the rhythm of champions, said Damac. Chelsea Residences also offers thoughtfully crafted health and fitness experiences rarely seen in residential developments. These include a cryotherapy centre, forest relaxation pods, a kneipp parkour therapy path, and a starlit wellness centre. The project also features an infinity pool, aerial yoga studio, Chelsea Sports Bar, and even a powerhouse lounge - a resort-style mancave with live football screenings, boxing, darts and more. Dining takes a wellness-first and experience-rich approach. Highlights include Dubai's first healthy mono-diet café, a private chef's table experience, and the show-stopping Captain's Table—a resident-exclusive event series hosted by Chelsea F.C. legends.
