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Dubai World Trade Centre generated over Dhs22 billion in 2024, says Sheikh Hamdan
Dubai World Trade Centre generated over Dhs22 billion in 2024, says Sheikh Hamdan

Gulf Today

time27-04-2025

  • Business
  • Gulf Today

Dubai World Trade Centre generated over Dhs22 billion in 2024, says Sheikh Hamdan

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Dubai Executive Council, reviewed the Dubai World Trade Centre's 2024 economic impact assessment report. Sheikh Hamdan said on X, 'I reviewed the Dubai World Trade Centre's 2024 Economic Impact Assessment, which reveals that the Centre generated over Dhs22 billion in total economic output last year. This growth was driven by hosting more than 100 major events — a 32% increase compared to 2023 — and bringing together two million participants. 'The figures reaffirm Dubai's position as a global hub for business and innovation, and a leading venue for major international exhibitions and conferences, advancing the goals of the Dubai Economic Agenda D33. Dubai continues to transform opportunities into growth and shape the future through partnerships.'

affordable homes
affordable homes

Arabian Business

time31-03-2025

  • Business
  • Arabian Business

affordable homes

Abu Dhabi real estate UAE Eid Al Fitr dates and travel ideas. Dubai real estate analysis, Saudi sick leave warning and more top news stories this week affordable homes Dubai Executive Council approves plans to build affordable homes, introduce independent legal consultancies and enhance Arabic education affordable homes Dubai's ZāZEN Properties says more mid-market real estate opportunities are needed to match population growth affordable homes Dubai needs more mid-market real estate investment opportunities says ZāZEN Properties abu dhabi property market Abu Dhabi-based developer says Yas Village will include nine residential buildings, sports and leisure facilities, along with retail and dining options affordable homes Knight Frank says Saudi residential market remained under pressure in H1 as a rising affordability challenge continued to weigh affordable homes The 750-acre Town Square Dubai will be home to over 18,000 people by the end of this year, says CEO Fred Durie Abu Dhabi economy Cityscape Abu Dhabi to showcase the emerging trend for affordable luxury housing to solve a disconnect between developer preferences and buyer demand affordable homes Senior advisor to the Dubai's Real Estate Regulatory Agency urges inclusionary zoning, land subsidies and tax breaks abu dhabi real estate market UAE-based developer Manazel Real Estate says net profit jumps 135% on the back of increasing demand for affordable housing affordable homes Strong demand for phase 1 of affordable housing project which consists of 515 residential units, with prices starting from AED290,000 affordable homes Global Business Ventures wins licence to build 25,000 affordable homes in Saudi capital city 2018 Predictions Real estate: a new way of living for a new Dubai affordable homes Experts give their view on the next 12 months for the emirate's property sector

12th edition of the Nad Al Sheba Sports Tournament raises the bar
12th edition of the Nad Al Sheba Sports Tournament raises the bar

Gulf Today

time24-03-2025

  • Sport
  • Gulf Today

12th edition of the Nad Al Sheba Sports Tournament raises the bar

The 12th edition of the Nad Al Sheba Sports Tournament achieved significant technical and organizational successes, cementing its position as the largest sporting event of its kind. Launched and sponsored by Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Dubai Executive Council, the tournament is being held annually during the holy month of Ramadan at the Nad Al Sheba Sports Complex, under the directives of Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, under the slogan "Unlimited Abilities." Several heads and officials of the sports federations whose championships were held during the twelfth edition of the tournament praised the organizational atmosphere, the results, and the tournament's impact on developing Emirati sports. Engineer Sheikh Salem Bin Sultan Al Qasimi, President of the UAE and Asian Fencing Federations, emphasized that the NAS Sports Tournament has become a prominent landmark in the UAE sports agenda and a major annual event in the Fencing Federation's calendar, thanks to its continuous development and the increasing demand for participation in its competitions. This reinforces its position as one of the largest community sporting events in the region. Sheikh Salem Al Qasimi noted that the participation of more than 80 male and female players from 13 countries in the tournament's fencing competitions reflects the advanced level reached by the tournament, emphasizing the significant technical and promotional impact it has had in expanding participation in various sports, including fencing. 'By organizing the fifth edition of the fencing championship as part of the Nad Al Sheba Sports Tournament, which enjoys a large public following, we have succeeded in attracting the interest of many members of the community in this sport.' Sheikh Salem Al Qasimi emphasized that the UAE Fencing Federation attaches special importance to this tournament because it provides unique opportunities for local players to interact with elite international champions. He pointed out that the tournament's prestigious status at the Arab, regional, and international levels, in addition to the distinguished financial prizes, make it an ideal destination for competition and sports development. Major General Dr. Mohammed Al Murr, President of the UAE Athletics Federation, emphasized that the Nad Al Sheba Sports Tournament represents a fundamental pillar in supporting and promoting athletics, as the road running competitions have succeeded in attracting a large number of participants of various nationalities, including Emiratis and residents. This success reflects the tireless efforts of the tournament organizers to instill a culture of sports and make it a way of life, with a focus on promoting and developing athletics as one of the cornerstones of competitive sports. Major General Al Murr emphasized the federation's commitment to harnessing all its capabilities to ensure the event's success, emphasizing that the partnership with the Dubai Sports Council and all sports and community entities represents the cornerstone in achieving the Federation's strategic objectives. Noura Al Jasmi, President of the UAE Badminton Federation, confirmed the success of the badminton competitions held during the 12th edition of the Nad Al Sheba Sports Tournament, which witnessed a large participation of male and female players from both UAE nationals and various nationalities residing in the country. The UAE Badminton Federation President highlighted the Federation's rapid progress since its establishment two and a half years ago, marking its inclusion in the Nad Al Sheba Sports Tournament as a major milestone alongside other key achievements. She emphasized that featuring badminton in the tournament strengthens its local presence and aligns with the Federation's development plan to expand player participation nationwide. Expressing gratitude to Sheikh Hamdan bin, she praised the Nad Al Sheba Sports Tournament as a premier event that fosters a sports culture, enhances talent development, and provides athletes with high-level competitive opportunities. She also noted that badminton has greatly benefited from this participation, which supports the "Road to Los Angeles 2028" initiative. Launched by the UAE Badminton Federation, the initiative aims to prepare and qualify Emirati players for the 2028 Olympics, advancing the sport's national and international standing. Dr. Huda Al Matrooshi, President of the UAE Modern Pentathlon Federation, praised the high level of organizational procedures and the exceptional atmosphere witnessed at the Nad Al Sheba Sports Tournament, which has become a model to be emulated in the world of sports. In a statement, she said: 'We extend our deepest thanks and gratitude to Sheikh Hamdan for launching this pioneering tournament and his generous patronage and continuous support for sports and athletes. 'We also extend our sincere appreciation and thanks to the Dubai Sports Council and the organizing committee for their great efforts, which resulted in the organization of an exceptional event characterized by magnificence and strength in every detail.' She added: "The UAE Modern Pentathlon Federation's participation for the first time in the NAS Sports Tournament is a qualitative sporting achievement and an important step towards enhancing the status of modern pentathlon on the local and international scene.'

Nad Al Sheba tournament wins praise for developing Emirati sports, raising level of athletes
Nad Al Sheba tournament wins praise for developing Emirati sports, raising level of athletes

Khaleej Times

time23-03-2025

  • Sport
  • Khaleej Times

Nad Al Sheba tournament wins praise for developing Emirati sports, raising level of athletes

The 12th edition of the Nad Al Sheba Sports Tournament achieved significant technical and organisational successes, cementing its position as the largest sporting event of its kind. Launched and sponsored by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Dubai Executive Council, the tournament is held annually during the holy month of Ramadan at the Nad Al Sheba Sports Complex, under the directives of Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, under the slogan 'Unlimited Abilities'. Several heads and officials of the sports federations whose championships were held during this edition of the tournament praised the organisational atmosphere, the results, and the tournament's impact on developing Emirati sports and raising the level of local athletes by providing them with the opportunity to interact with high-level international athletes and engage in strong competition during this period. This provides numerous sporting benefits, in addition to promoting the practice of sports and attracting families to follow the tournaments. Engineer Sheikh Salem bin Sultan Al Qasimi, President of the UAE and Asian Fencing Federations, said that the Nad Al Sheba Sports Tournament has become a prominent landmark in the UAE sports agenda and a major annual event in the Fencing Federation's calendar, thanks to its continuous development and the increasing demand for participation in its competitions. This reinforces its position as one of the largest community sporting events in the region. Sheikh Salem Al Qasimi noted that the participation of more than 80 men and women players from 13 countries in the tournament's fencing competitions reflects the advanced level reached by the tournament, emphasising the significant technical and promotional impact it has had in expanding participation in various sports, including fencing. 'By organising the fifth edition of the fencing championship as part of the Nad Al Sheba Sports Tournament, which enjoys a large public following, we have succeeded in attracting the interest of many members of the community in this sport. We have received increasing applications to participate, and we have also been able to attract many clubs and juniors to this ancient Olympic sport,' Sheikh Salem explained. Sheikh Salem Al Qasimi said that the UAE Fencing Federation attaches special importance to this tournament because it provides unique opportunities for local players to interact with elite international champions. He pointed out that the tournament's prestigious status at the Arab, regional, and international levels, in addition to the distinguished financial prizes, make it an ideal destination for competition and sports development. Major General Dr Mohammed Al Murr, President of the UAE Athletics Federation, said that the Nad Al Sheba Sports Tournament represents a fundamental pillar in supporting and promoting athletics, as the road running competitions have succeeded in attracting a large number of participants of various nationalities, including Emiratis and residents. This success reflects the tireless efforts of the tournament organisers to instill a culture of sports and make it a way of life, with a focus on promoting and developing athletics as one of the cornerstones of competitive sports. Major General Al Murr added that the federation's commitment to harnessing all its capabilities to ensure the event's success, showed that the partnership with the Dubai Sports Council and all sports and community entities represents the cornerstone in achieving the federation's strategic objectives. He added that the federation's ambition goes beyond simply organising events; it seeks to achieve a qualitative shift in the level of athletics by promoting pioneering initiatives, honing national talent, and consolidating the country's position as a global sports destination capable of hosting major tournaments. Noura Al Jasmi, President of the UAE Badminton Federation, confirmed the success of the badminton competitions held during the 12th edition of the tournament, which witnessed a large participation of male and female players from both UAE nationals and various nationalities residing in the country. She said: 'The federation has been officially established for two and a half years, and our inclusion for the first time in the list of sports at the tournament is our greatest achievement, in addition to the significant accomplishments we have achieved in this short period.' Al Jasmi explained that including badminton in the tournament's schedule enhances the sport's local standing and supports the federation's development plan, increasing the number of players across the country. The President of the UAE Badminton Federation praised the significant role played by the organisers in motivating members of the community to adopt sports as a way of life, enhancing talent discovery programmes, and providing them with the opportunity to participate at a high level of competition and achieve their ambitions. This tournament is one of the best sporting events in the UAE and a real opportunity to advance the level of players. Al Jasmi said that badminton has gained several benefits from the tournament, especially since this participation falls within the framework of the 'Road to Los Angeles 2028' initiative launched by the UAE Badminton Federation, which aims to prepare and develop Emirati badminton players with Olympic potential and qualify a number of male and female players to participate in the Los Angeles 2028 Olympics. Dr Huda Al Matrooshi, President of the UAE Modern Pentathlon Federation, praised the high level of organisational procedures and the exceptional atmosphere witnessed at the Nad Al Sheba Sports Tournament, which has become a model to be emulated in the world of sports. In a statement, she said: 'We extend our deepest thanks and gratitude to Sheikh Hamdan for launching this pioneering tournament and his generous patronage and continuous support for sports and athletes. We also extend our sincere appreciation and thanks to the Dubai Sports Council and the organising committee for their great efforts, which resulted in the organisation of an exceptional event characterised by magnificence and strength in every detail.' Dr Al Matrooshi added: "The UAE Modern Pentathlon Federation's participation for the first time in the Nad Al Sheba Sports Tournament is a qualitative sporting achievement and an important step towards enhancing the status of modern pentathlon on the local and international scene. We are proud of this participation, which has been widely attended by athletes of both genders and at various levels. This reflects the youth's passion for this Olympic sport and contributes significantly to spreading it and expanding its practice among our young men and women." Dr Al Matrooshi emphasised that the tournament's resounding success in attracting elite athletes and providing a unique sporting experience is clear evidence of the organisational excellence and integrated efforts that contributed to the realisation of this prominent event.'

On World Water Day, Empower reaffirms its commitment to water security
On World Water Day, Empower reaffirms its commitment to water security

Zawya

time23-03-2025

  • Business
  • Zawya

On World Water Day, Empower reaffirms its commitment to water security

Dubai, UAE: Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has reaffirmed its unwavering commitment to environmental protection by utilizing treated water in district cooling operations, aiming to preserve precious fresh water resources. This statement aligns with the company's participation in World Water Day, observed annually on March 22. His Excellency Ahmad bin Shafar, CEO of Empower, emphasized the vital role of water as the cornerstone of sustainable development, stating: 'Water is essential for economic and social development, energy and food production, and the stability of ecosystems and human survival. Moreover, it is a key factor in climate change adaptation, serving as a crucial link between society and the environment.' Bin Shafar highlighted that in the past year, Empower has expanded its Reverse Osmosis (RO) treatment capacity to 21,359 m³ per day, ensuring greater water recycling efficiency across its district cooling plants. This advancement significantly strengthened the company's water recycling and treatment capabilities, reinforcing its long-term water security strategy. In 2024, 8.3% of the total water used in Empower's district cooling operations came from recycled sources, primarily treated sewage effluent (TSE), reducing strain on freshwater reserves while maintaining cooling efficiency. The use of TSE as an alternative to potable water, combined with advanced filtration and recycling systems, has significantly improved the company's water footprint. Bin Shafar further noted that Empower has achieved substantial savings over the years through its advanced environmental practices, in line with the Dubai Executive Council Resolution No. (27) of 2008 , issued under the directive of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, which mandates the usage of alternative water sources in district cooling operations to safeguard the nation's water reserves. Reaffirming its commitment to sustainability, Empower urged the public to intensify efforts to conserve natural resources and ensure their longevity for future generations. The company emphasized the importance of efficient water use in preserving the environment and combating climate change.

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