Latest news with #Dh110
Khaleej Times
14-04-2025
- Entertainment
- Khaleej Times
Paramount Hotel Midtown organises star-studded Easter brunch
Celebrate Easter Sunday with a glamorous twist at Paramount Hotel Midtown, where springtime charm meets Hollywood flair. This season, CineScope sets the stage for a vibrant Easter experience filled with gourmet delights, joyful moments, and elegant décor, perfect for families and friends looking to mark the occasion in style.. Bring family, friends or loved ones to Easter brunch on April 20 for an unforgettable Easter Brunch at CineScope. The lavish buffet features everything from classic brunch staples and fresh spring salads to savory entrées, live carving stations, and a decadent dessert bar, all meticulously curated by talented chefs. In a setting beautifully adorned with traditional Easter décor, little ones can enjoy specially crafted treats for Dh110 and along with charming surprises like a visit from the Easter Bunny. Adults can elevate their experience with optional Mimosa or Bloody Mary upgrades to packages which start at just Dh185 for soft drinks, Dh285 for the house package and Dh365 for bubbly. As a special touch, every lady will receive a beautifully wrapped rose on the day. Pascal Eggerstedt, Director from Paramount Hotel Midtown said: 'This is a signature experience that our chefs look forward to creating each year. The arrival of spring brings with it fresh flavours and new inspiration and it's a time for togetherness and celebration. 'As we welcome the sunshine and spirit of the season, it's the perfect moment to gather with loved ones, whether you're celebrating Easter or simply enjoying in the vibrant energy of springtime in Dubai.' Details: When: Sunday April 20, 12:30pm to 3:30pm
The National
13-04-2025
- Automotive
- The National
Tesla alternatives: Six electric vehicles to consider in the UAE
Few need reminding what Tesla is and what it does – even before the recent flurry of news about the company and its founder, Elon Musk. Since its inception a little more than 20 years ago, the brand has been synonymous with electric cars. However, competition is rising. Chinese manufacturer BYD recently surpassed Tesla in global sales for the first time. Despite the continuing popularity of Tesla in the Middle East, there are now plenty of quality alternative options for those looking for a fossil-fuel-free ride that doesn't hail from the Musk stable. Here are the best ones, from budget-friendly to proper automotive monsters. The Chinese-built Atto 3 is proving to be a popular option among those looking for an inexpensive but decent-quality compact SUV. It isn't BYD's cheapest vehicle at about Dh110,000 for a base model. But for an electric vehicle, that puts it firmly at the reasonable end of the market. The Atto 3 is value for money. It is a roomy and comfortable vehicle that's a lot of fun to zip around in. The cost makes the car a strong contender in its sector, but on the higher spec versions drivers can get more than 400km range out of a single charge, which is also a plus point. Anyone after a compact ride for their daily commute or the odd trip between Dubai and Abu Dhabi could do worse. Swedish manufacturer Polestar has steadily been releasing electric vehicles over the past decade or so. It continues to impress with its distinctly Scandinavian minimalistic approach to design, allied with innovation that echoes the country's greatest manufacturers from yesteryear (Saab being a particular example). The 4 is an SUV coupe and has evidently been designed to be on the sporty side, being the fastest production car Polestar has built. There is lots of innovation happening inside and out, with the lack of a rear windscreen being a particular feature. Drivers see what's going on behind via a camera, giving a much greater view. The priciest models have a solid range, with Polestar citing nearly 600km from a single charge. The base model is available for less than Dh200,000, which makes it a respectable choice for those not wanting to spend a fortune. Kia, the former bicycle manufacturer from South Korea, has been dipping a tentative toe into the electric vehicle market and the EV6 is one of its most impressive forays into that field. The model has distinct spaceship feel inside the cabin. The car is practical and fun to drive, with the longest-range models offering around 500km worth of fun on the tarmac. It's roomy on the inside – surprisingly so – and the cabin is well-equipped and ultra-modern with Kia emphasising sustainability by decking everything out in vegan leather. The EV6 is fast, too, with the GT version able to hit 100 kph in well under five seconds. The base models in the UAE start at around Dh220,000. Lucid is another company offering vehicles with some impressive vital statistics, not least in terms of range. For distance, the Air has that covered and then some, with estimates suggesting travel around 700-800km on a single charge. Put in context, that's about half a dozen journeys from Dubai to Abu Dhabi. The high-end versions are fast: the nippiest will go from 0-100kph in about two seconds, which is pretty neat for a four-door sedan. The inside of the Air is impressive, too. The centre touchscreen is a whopping 34-inch affair, which is accompanied by a retractable pilot panel dedicated to vehicle controls. The car's starting price of about Dh310,000 makes it one of the more expensive options on this list, but the figures associated with it would seem to justify that. Bear in mind that this is for the base model and it will be significantly more for the fastest versions. Lotus's Evija was the brand's first foray into electric vehicles and, to underline this change in direction, it has some distinct drama around it. It can get to 100 kph in a little more than three seconds, but it doesn't stop there. The car can hit 300 kph in nine seconds (if the driver has the nerve to keep the pedal to the metal.). The Evija looks very much like a Lotus but, unlike the brand's previous creations, any look of the cheeky chappie has gone and in its place sits a fierce machine looking to turn heads both in fear and awe. It adheres to what the brand calls its carved-by-air philosophy. The Evija is, of course, not at the budget end of the market and estimates suggest a price of about Dh 8.5 million. Moving into hypercar territory with Rimac, the Nevera has been designed from the tyres up to be on the hairy side. This sleek speedster is from Croatia and the figures associated with it are eye watering. The car has more than 1,900 horsepower and 2,360Nm of torque. It can accelerate from 0-100kph in about 1.8 seconds and has a top speed of more than 400 kph (not that that will be much use to you outside of a track, but still). The range is also decent, with Rimac claiming nearly 550km on a single charge. Don't expect any of this to be cheap, of course. With so much power, it shouldn't be surprising that those interested can expect to pay more than Dh10 million.
Khaleej Times
07-04-2025
- Business
- Khaleej Times
UAE: 4 residents win a total of Dh390,000 in Big Ticket draw
Luck came knocking in an unexpected way during during Big Ticket's Series 273 draw, where a total of Dh390,000 was awarded to four lucky participants. From homemakers to hard-working professionals, the winners all shared perseverance and belief that one day, their moment will come. Among the winners is 48-year-old Sheikhnasseb Sh Babasahe, a local housewife who has called UAE home for the past 38 years. She has been purchasing Big Ticket entries every month for the last three years—entirely on her own. And during the latest Big Ticket draw, she won Dh110,000. 'When I received the winning call, I was overjoyed,' she said. She also shared that her daughter-in-law helped her with the purchases. 'English isn't my first language, so my daughter-in-law helps me with the purchase process. She buys the ticket and lets me pick the number," she said. With a dream of owning a car one day, she's determined to keep trying her luck. 'I haven't saved enough yet, but this win brings me one step closer. I'll continue buying Big Ticket entries until I win the grand prize. That's the dream.' Another Dh100,000 winner is 35-year-old Suhail Ahmed, a brand promoter from Karnataka, who has been living in Dubai for the past seven years. Since 2018, he has been purchasing Big Ticket entries every month on his own. 'I was actually asleep when the call came in,' he recalled. 'Most mornings, my phone is on silent—but by God's luck, the ringer was on that day, and I didn't miss it. I am so happy." With plans to buy a car and something special for his wife, he says this win feels like a blessing. 'I'll definitely keep buying more tickets,' he added. 'My advice to others is simple: save up a little, and go for it.' For 65-year-old Shofiul Azam, a painting labourer from Bangladesh who won Dh80,000, the win was not just a personal triumph but a shared celebration. He's been purchasing Big Ticket entries each month along with his brother and close friends for the past three years. 'I'm honestly so happy,' said the expat who has been lived in Abu Dhabi for 33 years. 'When I first got the call, I thought it might be a scam—but when I went and played the game, it began to feel real.' He shared that the prize money will be divided among his brother and friends. Whatever remains, he plans to put toward completing the renovation of his family home. 'I'll definitely continue buying Big Ticket entries,' he added. 'My message to others is simple: keep trying your luck. One day, it could be your turn.' Another lucky winner was 42-year-old Shaiju Karayat, a sales executive from Kerala who lived in Dubai since 2010. For the past 10 years, he has been purchasing Big Ticket entries every month alongside a close-knit group of 10 friends. 'When I received the call, I was overwhelmed with excitement,' he said, recalling his Dh100,000 win. 'This is the first time I've ever received a call like this and actually won a raffle draw—it still feels surreal.'He plans to split the prize money among his friends. 'I'll definitely keep buying more tickets. And to anyone who's thinking about it—take the risk and take part. You never know when your moment will come.' More wins this April With Dh25 million up for grabs, plus weekly cash draws, luxury cars, and the exciting Big Win Contest, now is the perfect time for residents to take a chance. For each purchase if two tickets, you get 2 free tickets. And this promotion is available all month long. Throughout April, every ticket you purchase not only enters you into the main draw but also qualifies you for weekly e-draws where five winners will each take home Dh150,000. Additionally, the Big Win Contest offers four ticket holders the chance to attend a live draw on May 3, where each will win a guaranteed cash prize between Dh20,000 and Dh150,000. Just buy two or more cash tickets in one transaction before April 24 to be eligible. The finalists will be revealed on May 1 on the Big Ticket website. Big Ticket is also giving away two luxury cars. The Range Rover Velar will find its new owner on May 3, while the BMW M440i will be won on June 3. Tickets are available online at or at counters located in Zayed International Airport and Al Ain Airport. For all the latest news and updates on upcoming draws, everyone is encouraged to follow Big Ticket's social media platforms. The weekly e-draw dates:
Al Etihad
26-03-2025
- Business
- Al Etihad
Emaar Properties announces 100% dividend payout of Dh8.8 billion
26 Mar 2025 14:42 DUBAI (WAM)Emaar Properties on Wednesday approved a 100 per cent dividend payout, amounting to Dh8.8 billion, during its Annual General Meeting (AGM). This follows the introduction of Emaar's updated dividend policy in December meeting also included the approval of the auditor's report for 2024, along with the board's report on the company's activities and financial financial results for 2024 reflected strong operational performance and continued growth across its key business segments. The company recorded property sales of approximately Dh70 billion ($19 billion), representing a 72 per cent increase compared to revenue backlog from property sales exceeded Dh110 billion ($30 billion), supporting future revenue revenue for 2024 reached Dh35.5 billion ($9.6 billion), marking a 33 per cent year-over-year increase, while net profit before tax grew by 25 per cent to Dh18.9 billion ($5.1 billion). EBITDA for the year stood at Dh19.3 billion ($5.2 billion), with a margin of 54 per cent. Mohamed Alabbar, Founder of Emaar Properties, said, 'Emaar's 2024 results reflect our dedication to operational excellence, innovation, and customer experience. As we move forward, we remain committed to sustainable and technology-driven growth, further enhancing Dubai's position as a leading global destination for investment and development while aligning with the UAE's Net Zero 2050 vision.'
Khaleej Times
26-03-2025
- Business
- Khaleej Times
Dubai: Emaar Properties approves 100% dividend payout for 2024
Emaar Properties' Annual General Meeting (AGM) on Wednesday approved 100 per cent dividend payout for 2024, amounting to Dh8.8 billion. This follows the introduction of Emaar's updated dividend policy in December 2024. The meeting also included the approval of the auditor's report for 2024 and the board's report on the company's activities and financial position. Emaar recorded property sales of approximately Dh70 billion in 2024, representing a 72 per cent increase compared to 2023. Emaar's revenue backlog from property sales exceeded Dh110 billion, supporting future revenue generation. Total revenue for 2024 reached Dh35.5 billion, marking a 33 per cent year-over-year increase, while net profit before tax grew by 25 per cent to Dh18.9 billion. EBITDA for the year stood at Dh19.3 billion, with a margin of 54 per cent. 'Emaar's 2024 results reflect our dedication to operational excellence, innovation, and customer experience. As we move forward, we remain committed to sustainable and technology-driven growth, further enhancing Dubai's position as a leading global destination for investment and development while aligning with the UAE's Net Zero 2050 vision,' said Mohamed Alabbar, founder of Emaar Properties.
